CNA Financial Stock Options

CNA
 Stock
  

USD 41.41  0.13  0.31%   

CNA Financial's option chain provides insight into all available option contracts written on CNA Financial's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of CNA Financial'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 CNA Financial option contract. View S&P 500 options
  
Purchasing CNA Financial 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" CNA Financial calls. Remember, the seller must deliver CNA Financial stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on CNA Financial

Analyzing CNA Financial's in-the-money options over time can help investors to take a profitable long position in CNA Financial regardless of its overall volatility. This is especially true when CNA Financial's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money CNA Financial's options could be used as guardians of the underlying stock as they move almost dollar for dollar with CNA Financial's stock while costing only a fraction of its price.
CNA Financial's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 19.39 with a put-to-call open interest ratio of 0.37 over 18 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-12-16. The current put volume is at 3, with calls trading at the volume of 5. This yields a 0.6 put-to-call volume ratio. The CNA Financial option chain provides detailed quote and price information for the current CNA Financial option contracts. It shows all of CNA Financial's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

CNA Financial 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 CNA Financial's lending market. For example, when CNA Financial's 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 CNA Financial, he or she must hedge the risk by shorting CNA Financial stock over its option's life.
The chart above shows CNA Financial'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. CNA Financial's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for CNA Financial's option, there is no secondary market available for investors to trade.
CNA Financial's stock options are financial instruments that give investors the right to buy or sell shares of CNA Financial common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell CNA Financial stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If CNA Financial's stock price goes up or down, the stock options follow.
Continue to Trending Equities.
Please note that buying 'in-the-money' options on CNA Financial lessens the impact of time decay, as they carry both intrinsic and time value. So, even if CNA Financial'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 CNA Financial 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 CNA Financial Stock moves the wrong way.
As of December 10, 2022, Net Income Common Stock is expected to decline to about 1.1 B

CNA Financial Current Options Market Mood

CNA Financial'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 CNA Financial 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 CNA Financial'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. CNA Financial'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 CNA Financial'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 CNA Financial contract

Base on the Rule 16, the options market is currently suggesting that CNA Financial will have an average daily up or down price movement of about 1.21% per day over the life of the 2022-12-16 option contract. With CNA Financial trading at USD41.41, that is roughly USD0.5. If you think that the market is fully incorporating CNA Financial's daily price movement you should consider buying CNA Financial options at the current volatility level of 19.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

CNA Financial Option Chain

When CNA Financial's strike price is surpassing the current stock price, the option contract against CNA Financial 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.
2022-12-162023-01-202023-02-172023-05-19
CNA Financial's option chain is a display of a range of information that helps investors for ways to trade options on CNA Financial. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CNA Financial. It also shows strike prices and maturity days for a CNA Financial 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2022-12-16 CALL at $20.00.97220.003502022-12-1619.5 - 24.00.0In
Call
2022-12-16 CALL at $25.00.95690.006702022-12-1614.6 - 19.00.0In
Call
2022-12-16 CALL at $30.00.91550.014202022-12-1610.0 - 14.00.0In
Call
2022-12-16 CALL at $35.00.75350.023202022-12-164.1 - 8.90.0In
Call
2022-12-16 CALL at $40.00.7670.136942022-12-161.5 - 2.21.05In
 Put
2022-12-16 PUT at $60.0-0.92510.014402022-12-1617.0 - 20.50.0In
 Put
2022-12-16 PUT at $55.0-0.90350.020502022-12-1612.1 - 15.50.0In
 Put
2022-12-16 PUT at $50.0-0.97070.016702022-12-166.5 - 10.50.0In
 Put
2022-12-16 PUT at $45.0-0.62030.046402022-12-161.5 - 5.43.0In

CNA Financial Net Income Common Stock Over Time

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends.
   Net Income Common Stock   
Share
       Timeline  

CNA Financial Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of CNA Financial, understanding its historical liability is critical in projecting CNA Financial's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how CNA Financial uses its financing power over time.

CNA Financial Investors Sentiment

The influence of CNA Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CNA Financial. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to CNA Financial's public news can be used to forecast risks associated with investment in CNA Financial. The trend in average sentiment can be used to explain how an investor holding CNA Financial can time the market purely based on public headlines and social activities around CNA Financial. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
CNA Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CNA Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CNA Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CNA Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CNA Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CNA Financial's short interest history, or implied volatility extrapolated from CNA Financial options trading.

Pair Trading with CNA Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNA Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNA Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CNA Financial

+0.64AXPAmerican Express Sell-off TrendPairCorr
+0.88BACBank Of America Sell-off TrendPairCorr
+0.83BLKBlackRock Fiscal Year End 13th of January 2023 PairCorr
+0.61CCitigroup Fiscal Year End 13th of January 2023 PairCorr

Moving against CNA Financial

-0.51FRCFirst Republic Bank Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to CNA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNA Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNA Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNA Financial to buy it.
The correlation of CNA Financial is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNA Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNA Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for analysis

When running CNA Financial price analysis, check to measure CNA Financial's 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 CNA Financial is operating at the current time. Most of CNA Financial's value examination focuses on studying past and present price action to predict the probability of CNA Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CNA Financial's price. Additionally, you may evaluate how the addition of CNA Financial to your portfolios can decrease your overall portfolio volatility.
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Is CNA Financial's 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 CNA Financial. If investors know CNA Financial 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 CNA Financial 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 YOY
(0.50) 
Market Capitalization
11.3 B
Quarterly Revenue Growth YOY
(0.001) 
Return On Assets
0.0121
Return On Equity
0.0879
The market value of CNA Financial is measured differently than its book value, which is the value of CNA Financial that is recorded on the company's balance sheet. Investors also form their own opinion of CNA Financial's value that differs from its market value or its book value, called intrinsic value, which is CNA Financial'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 CNA Financial's market value can be influenced by many factors that don't directly affect CNA Financial'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 CNA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine CNA Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNA Financial'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.