Toro Stock Options Expiring on 21st of June

TTC Stock  USD 97.61  1.41  1.47%   
Toro's latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 77.05 with a put-to-call open interest ratio of 0.79 over 42 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 30.0, with calls trading at the volume of 5.0. This yields a 6.0 put-to-call volume ratio.

Open Interest Against 2024-06-21 Option Contracts

The chart above shows Toro'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. Toro's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Toro's option, there is no secondary market available for investors to trade.

Toro Maximum Pain Price across 2024-06-21 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Toro close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Toro's stock options are financial instruments that give investors the right to buy or sell shares of Toro common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Toro stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Toro's stock price goes up or down, the stock options follow.
At present, Toro's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 4.4 B, whereas Other Stockholder Equity is projected to grow to (31.6 M).

Toro In The Money Call Balance

When Toro's strike price is surpassing the current stock price, the option contract against Toro Co stock is said to be in the money. When it comes to buying Toro'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 Toro Co 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.

Toro Current Options Market Mood

Toro'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 Toro 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 Toro'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. Toro'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 Toro'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 Toro contract

Base on the Rule 16, the options market is currently suggesting that Toro Co will have an average daily up or down price movement of about 4.82% per day over the life of the 2024-06-21 option contract. With Toro trading at USD 97.61, that is roughly USD 4.7. If you think that the market is fully incorporating Toro's daily price movement you should consider buying Toro Co options at the current volatility level of 77.05%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  

Toro Option Chain

When Toro's strike price is surpassing the current stock price, the option contract against Toro Co 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.
Toro's option chain is a display of a range of information that helps investors for ways to trade options on Toro. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Toro. It also shows strike prices and maturity days for a Toro 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
2024-06-21 CALL at $45.00.93940.00202024-06-2150.5 - 54.70.0In
Call
2024-06-21 CALL at $50.00.93110.002402024-06-2145.5 - 49.70.0In
Call
2024-06-21 CALL at $55.00.99566.0E-402024-06-2140.6 - 44.70.0In
Call
2024-06-21 CALL at $60.00.97120.002402024-06-2136.2 - 39.70.0In
Call
2024-06-21 CALL at $65.00.89850.004802024-06-2130.5 - 34.70.0In
Call
2024-06-21 CALL at $70.00.88340.006202024-06-2125.5 - 29.720.53In
Call
2024-06-21 CALL at $75.00.95870.005702024-06-2121.3 - 24.521.5In
Call
2024-06-21 CALL at $80.00.99130.002802024-06-2115.6 - 19.715.4In
Call
2024-06-21 CALL at $85.00.97360.008622232024-06-2110.7 - 14.710.97In
Call
2024-06-21 CALL at $90.00.75070.024472024-06-215.7 - 9.76.2In
Call
2024-06-21 CALL at $95.00.79910.086521922024-06-212.4 - 3.33.0In
Call
2024-06-21 CALL at $100.00.12550.10211642024-06-210.05 - 0.20.2Out
 Put
2024-06-21 PUT at $90.0-0.06360.02352192024-06-210.1 - 0.20.05Out
 Put
2024-06-21 PUT at $95.0-0.14810.08952242024-06-210.05 - 0.350.55Out
 Put
2024-06-21 PUT at $100.0-0.83810.1046132024-06-210.65 - 4.56.03In
 Put
2024-06-21 PUT at $105.0-0.72590.030802024-06-215.6 - 9.116.87In
 Put
2024-06-21 PUT at $110.0-0.92150.018402024-06-2110.8 - 14.50.0In
 Put
2024-06-21 PUT at $115.0-0.96340.009202024-06-2115.6 - 19.40.0In
 Put
2024-06-21 PUT at $120.0-0.95980.007802024-06-2120.6 - 24.50.0In
 Put
2024-06-21 PUT at $125.0-0.99430.001702024-06-2125.3 - 29.50.0In
 Put
2024-06-21 PUT at $130.0-0.97490.004302024-06-2130.3 - 34.70.0In
 Put
2024-06-21 PUT at $135.0-0.91020.007502024-06-2135.4 - 38.20.0In
 Put
2024-06-21 PUT at $140.0-0.89020.007302024-06-2140.3 - 43.60.0In
 Put
2024-06-21 PUT at $145.0-0.99599.0E-402024-06-2145.3 - 49.50.0In

Toro Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Toro Total Stockholder Equity

Total Stockholder Equity

1.82 Billion

At present, Toro's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

Toro Corporate Directors

Katherine HarlessIndependent DirectorProfile
Janet CooperIndependent DirectorProfile
Jeffrey HarmeningIndependent DirectorProfile
Gregg SteinhafelIndependent DirectorProfile

Additional Information and Resources on Investing in Toro Stock

When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro'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 Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toro Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Agricultural & Farm Machinery 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 Toro. If investors know Toro 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 Toro 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
(0.13)
Dividend Share
1.4
Earnings Share
2.53
Revenue Per Share
42.338
Quarterly Revenue Growth
0.007
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro'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 Toro's market value can be influenced by many factors that don't directly affect Toro'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 Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro'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.