New Fortress Stock Options Expiring on 17th of May
| NFE Stock | USD 26.93 0.55 2.00% |
New Fortress' latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 51.56 with a put-to-call open interest ratio of 2.21 over 44 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-05-17. The current put volume is at 30, with calls trading at the volume of 358. This yields a 0.08 put-to-call volume ratio. The New Fortress option chain provides detailed quote and price information for the current New Fortress Energy option contracts. It shows all of New Fortress' listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-17 Option Contracts
New Fortress option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in New Fortress' lending market. For example, when New Fortress' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on New Fortress, he or she must hedge the risk by shorting New Fortress stock over its option's life.
2024-05-17
The chart above shows New Fortress' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. New Fortress' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for New Fortress' option, there is no secondary market available for investors to trade.
New Fortress Maximum Pain Price across 2024-05-17 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as New Fortress close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
New Fortress' stock options are financial instruments that give investors the right to buy or sell shares of New Fortress Energy common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell New stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If New Fortress' stock price goes up or down, the stock options follow.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Please note that buying 'in-the-money' options on New Fortress lessens the impact of time decay, as they carry both intrinsic and time value. So, even if New Fortress' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money New Fortress contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if New Stock moves the wrong way.
The current year's Liabilities And Stockholders Equity is expected to grow to about 11 B, whereas Total Stockholder Equity is forecasted to decline to about 826.4 M. New Fortress Energy In The Money Call Balance
When New Fortress' strike price is surpassing the current stock price, the option contract against New Fortress Energy stock is said to be in the money. When it comes to buying New Fortress' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on New Fortress Energy are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
New Current Options Market Mood
New Fortress' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps New Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of New Fortress' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. New Fortress' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current New Fortress' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current New contract
Base on the Rule 16, the options market is currently suggesting that New Fortress Energy will have an average daily up or down price movement of about 3.22% per day over the life of the 2024-05-17 option contract. With New Fortress trading at USD 26.93, that is roughly USD 0.87. If you think that the market is fully incorporating New Fortress' daily price movement you should consider buying New Fortress Energy options at the current volatility level of 51.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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New Fortress Option Chain
When New Fortress' strike price is surpassing the current stock price, the option contract against New Fortress Energy stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
New Fortress' option chain is a display of a range of information that helps investors for ways to trade options on New. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for New. It also shows strike prices and maturity days for a New Fortress against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-17 CALL at $15.0 | 0.9061 | 0.011 | 0 | 2024-05-17 | 11.5 - 14.1 | 0.0 | In |
Call | 2024-05-17 CALL at $17.5 | 0.8761 | 0.0162 | 0 | 2024-05-17 | 9.2 - 11.6 | 0.0 | In |
Call | 2024-05-17 CALL at $20.0 | 0.8492 | 0.0251 | 1 | 2024-05-17 | 6.8 - 8.8 | 8.52 | In |
Call | 2024-05-17 CALL at $22.5 | 0.8093 | 0.0423 | 12 | 2024-05-17 | 4.3 - 6.1 | 4.9 | In |
Call | 2024-05-17 CALL at $24.0 | 0.7453 | 0.0572 | 0 | 2024-05-17 | 2.7 - 5.1 | 0.0 | In |
Call | 2024-05-17 CALL at $25.0 | 0.842 | 0.1151 | 427 | 2024-05-17 | 2.0 - 2.25 | 2.6 | In |
Call | 2024-05-17 CALL at $26.0 | 0.7089 | 0.1835 | 0 | 2024-05-17 | 1.05 - 1.55 | 0.0 | In |
Call | 2024-05-17 CALL at $27.0 | 0.4924 | 0.3178 | 0 | 2024-05-17 | 0.4 - 0.55 | 0.6 | Out |
Call | 2024-05-17 CALL at $28.0 | 0.2555 | 0.2133 | 9 | 2024-05-17 | 0.2 - 0.25 | 0.35 | Out |
Call | 2024-05-17 CALL at $29.0 | 0.1241 | 0.1228 | 10 | 2024-05-17 | 0.05 - 0.15 | 0.1 | Out |
Call | 2024-05-17 CALL at $30.0 | 0.0832 | 0.0753 | 2141 | 2024-05-17 | 0.05 - 0.1 | 0.01 | Out |
Call | 2024-05-17 CALL at $35.0 | 0.0241 | 0.0164 | 941 | 2024-05-17 | 0.0 - 0.1 | 0.03 | Out |
Put | 2024-05-17 PUT at $25.0 | -0.1153 | 0.1124 | 7234 | 2024-05-17 | 0.05 - 0.1 | 0.1 | Out |
Put | 2024-05-17 PUT at $26.0 | -0.1743 | 0.2455 | 5 | 2024-05-17 | 0.1 - 0.25 | 0.1 | Out |
Put | 2024-05-17 PUT at $27.0 | -0.5103 | 0.3383 | 0 | 2024-05-17 | 0.45 - 0.55 | 0.0 | In |
Put | 2024-05-17 PUT at $28.0 | -0.8979 | 0.2216 | 0 | 2024-05-17 | 1.1 - 2.3 | 1.1 | In |
Put | 2024-05-17 PUT at $29.0 | -0.9319 | 0.1008 | 0 | 2024-05-17 | 2.0 - 2.2 | 0.0 | In |
Put | 2024-05-17 PUT at $30.0 | -0.5782 | 0.0474 | 824 | 2024-05-17 | 2.5 - 5.2 | 2.77 | In |
Put | 2024-05-17 PUT at $31.0 | -0.7462 | 0.0641 | 0 | 2024-05-17 | 3.6 - 5.9 | 0.0 | In |
Put | 2024-05-17 PUT at $32.0 | -0.9052 | 0.0502 | 0 | 2024-05-17 | 3.5 - 6.9 | 0.0 | In |
Put | 2024-05-17 PUT at $33.0 | -0.965 | 0.0266 | 0 | 2024-05-17 | 4.3 - 7.9 | 0.0 | In |
Put | 2024-05-17 PUT at $34.0 | -0.8093 | 0.0431 | 0 | 2024-05-17 | 6.8 - 8.5 | 0.0 | In |
Put | 2024-05-17 PUT at $35.0 | -0.8943 | 0.035 | 0 | 2024-05-17 | 6.7 - 9.9 | 8.06 | In |
Put | 2024-05-17 PUT at $36.0 | -0.7964 | 0.0355 | 0 | 2024-05-17 | 8.8 - 10.9 | 0.0 | In |
Put | 2024-05-17 PUT at $37.0 | -0.811 | 0.0328 | 0 | 2024-05-17 | 9.9 - 11.7 | 0.0 | In |
Put | 2024-05-17 PUT at $38.0 | -0.8757 | 0.0285 | 0 | 2024-05-17 | 10.0 - 12.9 | 0.0 | In |
Put | 2024-05-17 PUT at $39.0 | -0.8302 | 0.0285 | 0 | 2024-05-17 | 11.6 - 13.9 | 0.0 | In |
Put | 2024-05-17 PUT at $40.0 | -0.8149 | 0.0271 | 0 | 2024-05-17 | 12.9 - 14.9 | 0.0 | In |
Put | 2024-05-17 PUT at $45.0 | -0.8468 | 0.0211 | 0 | 2024-05-17 | 17.7 - 19.9 | 18.61 | In |
New Fortress Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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New Fortress Common Stock Total Equity Over Time
The total value of common stock equity held by shareholders, representing their ownership interest in the company. Common Stock Total Equity |
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New Total Stockholder Equity
Total Stockholder Equity |
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New Fortress Corporate Management
Elected by the shareholders, the New Fortress' board of directors comprises two types of representatives: New Fortress inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Fortress' management team and ensure that shareholders' interests are well served. New Fortress' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New Fortress' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wesley Edens | Chairman Founder | Profile | |
| Sam Abdalla | Head Development | Profile | |
| Joshua Kane | Vice Relations | Profile | |
| Cameron Esq | Secretary | Profile | |
| Yunyoung Shin | Chief Officer | Profile | |
| Brett Magill | Head MD | Profile | |
| Brannen McElmurray | Chief Officer | Profile |
Already Invested in New Fortress Energy?
The danger of trading New Fortress Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of New Fortress is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than New Fortress. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New Fortress Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the New Fortress Energy information on this page should be used as a complementary analysis to other New Fortress' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running New Fortress' price analysis, check to measure New Fortress' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Fortress is operating at the current time. Most of New Fortress' value examination focuses on studying past and present price action to predict the probability of New Fortress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Fortress' price. Additionally, you may evaluate how the addition of New Fortress to your portfolios can decrease your overall portfolio volatility.
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Is New Fortress' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.449 | Dividend Share 3.4 | Earnings Share 2.65 | Revenue Per Share 11.718 | Quarterly Revenue Growth 0.388 |
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.