K240816P00047500 Option on Kellanova
| K Stock | USD 80.09 0.10 0.12% |
Kellanova's latest option contracts expiring on 2024-09-13 are carrying combined implied volatility of 4.66 with a put-to-call open interest ratio of 0.65 over 74 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-09-13. The current put volume is at 1.0, with calls trading at the volume of 0.0. This yields a 0.0 put-to-call volume ratio.
Open Interest Against 2024-09-13 Option Contracts
2024-09-13
The chart above shows Kellanova'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. Kellanova's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Kellanova's option, there is no secondary market available for investors to trade.
Kellanova's option chain provides insight into all available option contracts written on Kellanova's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Kellanova'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 Kellanova option contract.
In The Money vs. Out of Money Option Contracts on Kellanova
Analyzing Kellanova's in-the-money options over time can help investors to take a profitable long position in Kellanova regardless of its overall volatility. This is especially true when Kellanova's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Kellanova's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Kellanova's stock while costing only a fraction of its price.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Please note that buying 'in-the-money' options on Kellanova lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Kellanova's 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 Kellanova 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 Kellanova Stock moves the wrong way.
The value of Total Stockholder Equity is estimated to slide to about 2.1 B. The value of Common Stock Shares Outstanding is expected to slide to about 325 MKellanova Current Options Market Mood
Kellanova'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 Kellanova 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 Kellanova'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. Kellanova'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 Kellanova'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 Kellanova contract
Base on the Rule 16, the options market is currently suggesting that Kellanova will have an average daily up or down price movement of about 0.29% per day over the life of the 2024-09-13 option contract. With Kellanova trading at USD 80.09, that is roughly USD 0.23. If you think that the market is fully incorporating Kellanova's daily price movement you should consider buying Kellanova options at the current volatility level of 4.66%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Kellanova |
Purchasing Kellanova 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" Kellanova calls. Remember, the seller must deliver Kellanova stock to the call owner when a call is exercised.
Kellanova Option Chain
When Kellanova's strike price is surpassing the current stock price, the option contract against Kellanova 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.
2024-09-132024-09-202024-09-272024-10-042024-10-112024-10-182024-10-252024-12-202025-01-172025-03-212025-06-202026-01-16
Kellanova's option chain is a display of a range of information that helps investors for ways to trade options on Kellanova. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kellanova. It also shows strike prices and maturity days for a Kellanova 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 | 2024-09-13 CALL at $68.0 | 0.8904 | 0.0165 | 0 | 2024-09-13 | 11.1 - 14.4 | 0.0 | In |
Call | 2024-09-13 CALL at $69.0 | 0.879 | 0.0185 | 0 | 2024-09-13 | 10.2 - 13.4 | 0.0 | In |
Call | 2024-09-13 CALL at $70.0 | 0.9003 | 0.0198 | 0 | 2024-09-13 | 8.8 - 12.3 | 0.0 | In |
Call | 2024-09-13 CALL at $71.0 | 0.88 | 0.0231 | 0 | 2024-09-13 | 8.0 - 11.3 | 0.0 | In |
Call | 2024-09-13 CALL at $72.0 | 0.8587 | 0.0267 | 0 | 2024-09-13 | 7.2 - 10.3 | 0.0 | In |
Call | 2024-09-13 CALL at $73.0 | 0.8605 | 0.0308 | 0 | 2024-09-13 | 6.0 - 9.3 | 0.0 | In |
Call | 2024-09-13 CALL at $74.0 | 0.8724 | 0.0361 | 0 | 2024-09-13 | 4.7 - 8.3 | 0.0 | In |
Call | 2024-09-13 CALL at $75.0 | 0.8688 | 0.0438 | 0 | 2024-09-13 | 3.6 - 7.3 | 0.0 | In |
Call | 2024-09-13 CALL at $75.5 | 0.84 | 0.0492 | 0 | 2024-09-13 | 3.3 - 6.8 | 0.0 | In |
Call | 2024-09-13 CALL at $76.0 | 0.8118 | 0.0543 | 0 | 2024-09-13 | 3.0 - 6.3 | 0.0 | In |
Call | 2024-09-13 CALL at $76.5 | 0.8287 | 0.0633 | 0 | 2024-09-13 | 2.2 - 5.8 | 0.0 | In |
Call | 2024-09-13 CALL at $77.0 | 0.7647 | 0.0668 | 0 | 2024-09-13 | 2.25 - 5.3 | 0.0 | In |
Call | 2024-09-13 CALL at $77.5 | 0.7871 | 0.0843 | 0 | 2024-09-13 | 1.3 - 4.8 | 0.0 | In |
Call | 2024-09-13 CALL at $78.0 | 0.7083 | 0.0833 | 0 | 2024-09-13 | 1.5 - 4.3 | 0.0 | In |
Call | 2024-09-13 CALL at $78.5 | 0.6786 | 0.0961 | 0 | 2024-09-13 | 1.05 - 3.8 | 1.7 | In |
Put | 2024-09-13 PUT at $80.0 | -0.4072 | 0.7611 | 39 | 2024-09-13 | 0.05 - 0.3 | 0.15 | Out |
Put | 2024-09-13 PUT at $82.0 | -0.6829 | 0.0958 | 0 | 2024-09-13 | 1.25 - 4.0 | 0.0 | In |
Put | 2024-09-13 PUT at $82.5 | -0.8311 | 0.1047 | 0 | 2024-09-13 | 0.7 - 4.5 | 0.0 | In |
Put | 2024-09-13 PUT at $83.0 | -0.8813 | 0.1422 | 0 | 2024-09-13 | 1.05 - 5.0 | 0.0 | In |
Put | 2024-09-13 PUT at $83.5 | -0.7643 | 0.0696 | 0 | 2024-09-13 | 2.45 - 5.5 | 0.0 | In |
Put | 2024-09-13 PUT at $84.0 | -0.8781 | 0.0635 | 0 | 2024-09-13 | 2.15 - 6.0 | 0.0 | In |
Put | 2024-09-13 PUT at $84.5 | -0.7764 | 0.0557 | 0 | 2024-09-13 | 3.6 - 6.5 | 0.0 | In |
Put | 2024-09-13 PUT at $85.0 | -0.8549 | 0.0524 | 0 | 2024-09-13 | 3.4 - 7.0 | 0.0 | In |
Put | 2024-09-13 PUT at $85.5 | -0.8755 | 0.0492 | 0 | 2024-09-13 | 3.8 - 7.5 | 0.0 | In |
Put | 2024-09-13 PUT at $86.0 | -0.7958 | 0.0434 | 0 | 2024-09-13 | 5.2 - 8.0 | 0.0 | In |
Put | 2024-09-13 PUT at $87.0 | -0.8094 | 0.038 | 0 | 2024-09-13 | 6.2 - 9.0 | 0.0 | In |
Put | 2024-09-13 PUT at $88.0 | -0.8207 | 0.0337 | 0 | 2024-09-13 | 7.2 - 10.0 | 0.0 | In |
Put | 2024-09-13 PUT at $89.0 | -0.8302 | 0.0303 | 0 | 2024-09-13 | 8.2 - 11.0 | 0.0 | In |
Put | 2024-09-13 PUT at $90.0 | -0.9222 | 0.0229 | 0 | 2024-09-13 | 8.2 - 12.0 | 0.0 | In |
Put | 2024-09-13 PUT at $91.0 | -0.939 | 0.0188 | 0 | 2024-09-13 | 9.1 - 13.0 | 0.0 | In |
Put | 2024-09-13 PUT at $92.0 | -0.9555 | 0.0148 | 0 | 2024-09-13 | 10.0 - 14.0 | 0.0 | In |
Put | 2024-09-13 PUT at $93.0 | -0.8574 | 0.0214 | 0 | 2024-09-13 | 12.2 - 15.0 | 0.0 | In |
Kellanova Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Kellanova Market Cap Over Time
Market Cap |
| Timeline |
Kellanova Total Stockholder Equity
Total Stockholder Equity |
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Kellanova Corporate Directors
| Carter Cast | Independent Director | Profile | |
| Rebecca Boustead | Director Pacific | Profile | |
| Marcella Kain | Senior Director | Profile | |
| James Jenness | Non-Executive Director | Profile |
Additional Information and Resources on Investing in Kellanova Stock
When determining whether Kellanova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kellanova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kellanova Stock. Highlighted below are key reports to facilitate an investment decision about Kellanova Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Packaged Foods & Meats 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 Kellanova. If investors know Kellanova 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 Kellanova 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 (0.03) | Dividend Share 2.28 | Earnings Share 2.51 | Revenue Per Share 37.479 | Quarterly Revenue Growth (0.05) |
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova'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 Kellanova's market value can be influenced by many factors that don't directly affect Kellanova'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 Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova'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.