Suburban Propane Stock Options
| SPH Stock | USD 20.84 0.09 0.43% |
Suburban Propane's latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 42.82 with a put-to-call open interest ratio of 0.23 over 24 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 4.0, with calls trading at the volume of 5.0. This yields a 0.8 put-to-call volume ratio.
Open Interest Against 2024-06-21 Option Contracts
2024-06-21
The chart above shows Suburban Propane's 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. Suburban Propane's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Suburban Propane's option, there is no secondary market available for investors to trade.
Suburban Propane's option chain provides insight into all available option contracts written on Suburban Propane's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Suburban Propane's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Suburban option contract.
In The Money vs. Out of Money Option Contracts on Suburban Propane
Analyzing Suburban Propane's in-the-money options over time can help investors to take a profitable long position in Suburban Propane regardless of its overall volatility. This is especially true when Suburban Propane's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Suburban Propane's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Suburban Propane's stock while costing only a fraction of its price.
Suburban Propane's stock options are financial instruments that give investors the right to buy or sell shares of Suburban Propane Partners common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Suburban stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Suburban Propane's stock price goes up or down, the stock options follow.
As of now, Suburban Propane's Total Stockholder Equity is increasing as compared to previous years. The Suburban Propane's current Liabilities And Stockholders Equity is estimated to increase to about 2.7 B, while Common Stock Shares Outstanding is projected to decrease to under 44.4 M. Suburban Current Options Market Mood
Suburban Propane's 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 Suburban 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 Suburban Propane's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Suburban Propane's 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 Suburban Propane's 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 Suburban contract
Base on the Rule 16, the options market is currently suggesting that Suburban Propane Partners will have an average daily up or down price movement of about 2.68% per day over the life of the 2024-06-21 option contract. With Suburban Propane trading at USD 20.84, that is roughly USD 0.56. If you think that the market is fully incorporating Suburban Propane's daily price movement you should consider buying Suburban Propane Partners options at the current volatility level of 42.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Suburban |
Purchasing Suburban Propane options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Suburban calls. Remember, the seller must deliver Suburban Propane Partners stock to the call owner when a call is exercised.
Suburban Propane Option Chain
When Suburban Propane's strike price is surpassing the current stock price, the option contract against Suburban Propane Partners 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.
Suburban Propane's option chain is a display of a range of information that helps investors for ways to trade options on Suburban. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Suburban. It also shows strike prices and maturity days for a Suburban Propane 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 | 2024-06-21 CALL at $2.5 | 0.986 | 0.0012 | 0 | 2024-06-21 | 16.6 - 20.5 | 0.0 | In |
Call | 2024-06-21 CALL at $5.0 | 0.9742 | 0.0029 | 0 | 2024-06-21 | 14.2 - 18.0 | 0.0 | In |
Call | 2024-06-21 CALL at $7.5 | 0.9719 | 0.0047 | 0 | 2024-06-21 | 11.5 - 15.5 | 0.0 | In |
Call | 2024-06-21 CALL at $10.0 | 0.9623 | 0.0082 | 0 | 2024-06-21 | 9.0 - 13.0 | 0.0 | In |
Call | 2024-06-21 CALL at $12.5 | 0.9208 | 0.0165 | 0 | 2024-06-21 | 6.9 - 10.5 | 0.0 | In |
Call | 2024-06-21 CALL at $15.0 | 0.9437 | 0.0243 | 0 | 2024-06-21 | 4.0 - 7.9 | 0.0 | In |
Call | 2024-06-21 CALL at $17.5 | 0.9388 | 0.0492 | 2 | 2024-06-21 | 1.5 - 5.3 | 1.83 | In |
Call | 2024-06-21 CALL at $20.0 | 0.7691 | 0.2527 | 170 | 2024-06-21 | 0.0 - 2.9 | 1.0 | In |
Put | 2024-06-21 PUT at $22.5 | -0.7397 | 0.1415 | 6 | 2024-06-21 | 0.25 - 4.1 | 2.0 | In |
Put | 2024-06-21 PUT at $25.0 | -0.7979 | 0.0691 | 1 | 2024-06-21 | 2.65 - 6.5 | 6.3 | In |
Put | 2024-06-21 PUT at $30.0 | -0.8464 | 0.0366 | 0 | 2024-06-21 | 7.7 - 11.5 | 0.0 | In |
Put | 2024-06-21 PUT at $35.0 | -0.8787 | 0.0253 | 0 | 2024-06-21 | 12.6 - 16.5 | 0.0 | In |
Suburban Total Stockholder Equity
Total Stockholder Equity |
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Suburban Propane Corporate Management
| Jane Swift | Independent Member of the Supervisory Board | Profile | |
| M Dagan | Vice President Strategic Initiatives - Renewable Energy | Profile | |
| Francesca Cleffi | Vice President of Human Resources | Profile | |
| Matthew Chanin | Independent Member of the Supervisory Board | Profile |
Additional Information and Resources on Investing in Suburban Stock
When determining whether Suburban Propane Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suburban Propane's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Suburban Propane Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suburban Propane Partners Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suburban Propane Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Gas Utilities space 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 Suburban Propane. If investors know Suburban 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 Suburban Propane 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 0.062 | Dividend Share 1.3 | Earnings Share 1.68 | Revenue Per Share 21.371 | Quarterly Revenue Growth (0.05) |
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane's 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 Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane's 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 Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane's 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.