SNDL Stock Options
| SNDL Stock | USD 1.83 0.15 7.58% |
SNDL's option chain provides insight into all available option contracts written on SNDL's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of SNDL'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 SNDL option contract.
In The Money vs. Out of Money Option Contracts on SNDL
Analyzing SNDL's in-the-money options over time can help investors to take a profitable long position in SNDL regardless of its overall volatility. This is especially true when SNDL's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SNDL's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SNDL's stock while costing only a fraction of its price.
SNDL's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 225.99 with a put-to-call open interest ratio of 0.13 over 18 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 484, with calls trading at the volume of 3229. This yields a 0.15 put-to-call volume ratio. The SNDL option chain provides detailed quote and price information for the current SNDL Inc option contracts. It shows all of SNDL's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-04-19 Option Contracts
SNDL 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 SNDL's lending market. For example, when SNDL'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 SNDL, he or she must hedge the risk by shorting SNDL stock over its option's life.
2024-04-19
The chart above shows SNDL'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. SNDL's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for SNDL's option, there is no secondary market available for investors to trade.
SNDL's stock options are financial instruments that give investors the right to buy or sell shares of SNDL Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell SNDL stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If SNDL's stock price goes up or down, the stock options follow.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Please note that buying 'in-the-money' options on SNDL lessens the impact of time decay, as they carry both intrinsic and time value. So, even if SNDL'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 SNDL 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 SNDL Stock moves the wrong way.
At this time, SNDL's Total Stockholder Equity is quite stable compared to the past year. Common Stock Total Equity is expected to rise to about 920.2 M this year, although the value of Capital Stock will most likely fall to about 1.8 B. SNDL Inc In The Money Call Balance
When SNDL's strike price is surpassing the current stock price, the option contract against SNDL Inc stock is said to be in the money. When it comes to buying SNDL's 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 SNDL Inc 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.
SNDL Current Options Market Mood
SNDL'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 SNDL 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 SNDL'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. SNDL'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 SNDL'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 SNDL contract
Base on the Rule 16, the options market is currently suggesting that SNDL Inc will have an average daily up or down price movement of about 14.12% per day over the life of the 2024-04-19 option contract. With SNDL trading at USD 1.83, that is roughly USD 0.26. If you think that the market is fully incorporating SNDL's daily price movement you should consider buying SNDL Inc options at the current volatility level of 225.99%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
SNDL |
Purchasing SNDL 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" SNDL calls. Remember, the seller must deliver SNDL Inc stock to the call owner when a call is exercised.
SNDL Option Chain
When SNDL's strike price is surpassing the current stock price, the option contract against SNDL Inc 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.
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SNDL's option chain is a display of a range of information that helps investors for ways to trade options on SNDL. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SNDL. It also shows strike prices and maturity days for a SNDL 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 | 2024-04-19 CALL at $1.0 | 0.8958 | 0.1528 | 428 | 2024-04-19 | 0.78 - 0.91 | 0.8 | In |
Call | 2024-04-19 CALL at $1.5 | 0.8585 | 0.5978 | 3098 | 2024-04-19 | 0.12 - 0.4 | 0.36 | In |
Call | 2024-04-19 CALL at $2.0 | 0.203 | 1.5337 | 9122 | 2024-04-19 | 0.02 - 0.03 | 0.02 | Out |
Call | 2024-04-19 CALL at $2.5 | 0.0681 | 0.3657 | 10017 | 2024-04-19 | 0.0 - 0.01 | 0.01 | Out |
Call | 2024-04-19 CALL at $3.0 | 0.0515 | 0.2066 | 8198 | 2024-04-19 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-04-19 PUT at $1.5 | -0.0774 | 0.537 | 2995 | 2024-04-19 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-04-19 PUT at $2.0 | -0.8583 | 1.5387 | 1719 | 2024-04-19 | 0.16 - 0.2 | 0.18 | In |
Put | 2024-04-19 PUT at $2.5 | -0.6367 | 0.3989 | 559 | 2024-04-19 | 0.6 - 0.85 | 0.6 | In |
Put | 2024-04-19 PUT at $3.0 | -0.7295 | 0.3254 | 13 | 2024-04-19 | 0.54 - 1.3 | 1.1 | In |
Put | 2024-04-19 PUT at $3.5 | -0.764 | 0.2682 | 4 | 2024-04-19 | 1.64 - 1.94 | 1.48 | In |
Put | 2024-04-19 PUT at $4.0 | -0.7731 | 0.2324 | 3 | 2024-04-19 | 1.84 - 2.75 | 1.99 | In |
SNDL 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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SNDL 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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SNDL Total Stockholder Equity
Total Stockholder Equity |
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Our tools can tell you how much better you can do entering a position in SNDL without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SNDL Corporate Management
Elected by the shareholders, the SNDL's board of directors comprises two types of representatives: SNDL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SNDL. The board's role is to monitor SNDL's management team and ensure that shareholders' interests are well served. SNDL's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SNDL's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robbie Madan | Chief Officer | Profile | |
| Matthew Husson | General Secretary | Profile | |
| Alberto ParederoQuiros | Chief Officer | Profile | |
| James Keough | Chief Officer | Profile | |
| Zachary IV | CEO Director | Profile | |
| Deanna Garand | Vice Resources | Profile |
Already Invested in SNDL Inc?
The danger of trading SNDL Inc 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 SNDL 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 SNDL. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SNDL Inc 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 SNDL Inc is a strong investment it is important to analyze SNDL's 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 SNDL's future performance. For an informed investment choice regarding SNDL Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the SNDL Inc information on this page should be used as a complementary analysis to other SNDL's 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running SNDL's price analysis, check to measure SNDL'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 SNDL is operating at the current time. Most of SNDL's value examination focuses on studying past and present price action to predict the probability of SNDL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SNDL's price. Additionally, you may evaluate how the addition of SNDL to your portfolios can decrease your overall portfolio volatility.
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Is SNDL'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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 3.505 | Quarterly Revenue Growth 0.033 | Return On Assets (0.04) | Return On Equity (0.13) |
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNDL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.