2024-05-17 PUT at $9.0 Option on SunOpta
| STKL Stock | USD 5.62 0.02 0.36% |
2024-05-17 PUT at $9.0 is a PUT option contract on SunOpta's common stock with a strick price of 9.0 expiring on 2024-05-17. The contract was not traded in recent days and, as of today, has 0 days remaining before the expiration. The option is currently trading at a bid price of $3.2, and an ask price of $3.5. The implied volatility as of the 17th of May 2024 is 704.97.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.
SunOpta |
A put option written on SunOpta becomes more valuable as the price of SunOpta drops. Conversely, SunOpta's put option loses its value as SunOpta Stock rises. When exercised, put options on SunOpta produce a short position in SunOpta Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SunOpta's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that SunOpta will have an average daily up or down price movement of about 44.06% per day over the life of the option. With SunOpta trading at USD 5.62, that is roughly USD 2.48. If you think that the market is fully understating SunOpta's daily price movement you should consider buying SunOpta options at that current volatility level of 704.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on SunOpta
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their SunOpta positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on SunOpta Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Put Contract Name | 2024-05-17 PUT at $9.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 0 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 9.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 3.2 | 3.5 |
| Rule 16 Daily Up or Down | USD2.48 |
SunOpta short PUT Option Greeks
SunOpta's Option Greeks for the contract ending on 2024-05-17 at a strike price of 9.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to SunOpta's option greeks, its implied volatility helps estimate the risk of SunOpta stock implied by the prices of the options on SunOpta's stock.
| Delta | -0.8649 | |
| Gamma | 0.1056 | |
| Theta | -0.226 | |
| Vega | 6.0E-4 | |
| Rho | -2.0E-4 |
SunOpta long PUT Option Payoff at expiration
Put options written on SunOpta grant holders of the option the right to sell a specified amount of SunOpta at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of SunOpta Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on SunOpta is like buying insurance aginst SunOpta's downside shift.
Profit |
| SunOpta Price At Expiration |
SunOpta short PUT Option Payoff at expiration
By selling SunOpta's put option, the investors signal their bearish sentiment. A short position in a put option written on SunOpta will generally make money when the underlying price is above the strike price. Therefore SunOpta's put payoff at expiration depends on where the SunOpta Stock price is relative to the put option strike price. The breakeven price of 5.5 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to SunOpta's price. Finally, at the strike price of 9.0, the payoff chart is constant and positive.
Profit |
| SunOpta Price At Expiration |
SunOpta Available Put Options
SunOpta's option chain is a display of a range of information that helps investors for ways to trade options on SunOpta. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SunOpta. It also shows strike prices and maturity days for a SunOpta 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 | |||
Put | 2024-05-17 PUT at $7.0 | -0.8076 | 0.2175 | 15 | 2024-05-17 | 1.15 - 1.5 | 1.0 | In |
Put | 2024-05-17 PUT at $8.0 | -0.6426 | 0.1205 | 0 | 2024-05-17 | 1.3 - 2.95 | 0.0 | In |
Put | 2024-05-17 PUT at $9.0 | -0.8649 | 0.1056 | 0 | 2024-05-17 | 3.2 - 3.5 | 0.0 | In |
Put | 2024-05-17 PUT at $10.0 | -0.8773 | 0.0861 | 0 | 2024-05-17 | 4.2 - 4.5 | 0.0 | In |
Put | 2024-05-17 PUT at $11.0 | -0.886 | 0.0736 | 0 | 2024-05-17 | 5.1 - 5.5 | 0.0 | In |
Put | 2024-05-17 PUT at $12.0 | -0.8925 | 0.0648 | 0 | 2024-05-17 | 6.2 - 6.5 | 0.0 | In |
Put | 2024-05-17 PUT at $13.0 | -0.8975 | 0.0584 | 0 | 2024-05-17 | 7.1 - 7.5 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in SunOpta 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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SunOpta Corporate Management
Elected by the shareholders, the SunOpta's board of directors comprises two types of representatives: SunOpta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SunOpta. The board's role is to monitor SunOpta's management team and ensure that shareholders' interests are well served. SunOpta'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, SunOpta's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rob Duchscher | Chief Officer | Profile | |
| Christopher Whitehair | Senior Chain | Profile | |
| Michael Buick | VP Beverage | Profile | |
| Barend Reijn | VP Sourcing | Profile | |
| Bryan Clark | Food RD | Profile | |
| Scott Huckins | Chief Officer | Profile |
Already Invested in SunOpta?
The danger of trading SunOpta 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 SunOpta 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 SunOpta. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SunOpta 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 SunOpta is a strong investment it is important to analyze SunOpta'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 SunOpta's future performance. For an informed investment choice regarding SunOpta 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 SunOpta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for SunOpta Stock analysis
When running SunOpta's price analysis, check to measure SunOpta'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 SunOpta is operating at the current time. Most of SunOpta's value examination focuses on studying past and present price action to predict the probability of SunOpta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunOpta's price. Additionally, you may evaluate how the addition of SunOpta to your portfolios can decrease your overall portfolio volatility.
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Is SunOpta'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 SunOpta. If investors know SunOpta 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 SunOpta 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 1.799 | Earnings Share (0.15) | Revenue Per Share 5.687 | Quarterly Revenue Growth 0.18 | Return On Assets 0.0283 |
The market value of SunOpta is measured differently than its book value, which is the value of SunOpta that is recorded on the company's balance sheet. Investors also form their own opinion of SunOpta's value that differs from its market value or its book value, called intrinsic value, which is SunOpta'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 SunOpta's market value can be influenced by many factors that don't directly affect SunOpta'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 SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta'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.