TXN240531P00190000 Option on Texas Instruments
| TXN Stock | USD 193.90 2.38 1.21% |
Texas Instruments' latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 25.01 with a put-to-call open interest ratio of 0.67 over 102 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 6.3 K, with calls trading at the volume of 1.9 K. This yields a 3.33 put-to-call volume ratio.
Open Interest Against 2024-06-21 Option Contracts
2024-06-21
The chart above shows Texas Instruments' 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. Texas Instruments' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Texas Instruments' option, there is no secondary market available for investors to trade.
Texas Instruments 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 Texas Instruments 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.
Texas Instruments' option chain provides insight into all available option contracts written on Texas Instruments' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Texas Instruments' 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 Texas option contract.
In The Money vs. Out of Money Option Contracts on Texas Instruments
Analyzing Texas Instruments' in-the-money options over time can help investors to take a profitable long position in Texas Instruments regardless of its overall volatility. This is especially true when Texas Instruments' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Texas Instruments' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Texas Instruments' stock while costing only a fraction of its price.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Instruments Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Please note that buying 'in-the-money' options on Texas Instruments lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Texas Instruments' 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 Texas Instruments 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 Texas Stock moves the wrong way.
At this time, Texas Instruments' Common Stock Shares Outstanding is very stable compared to the past year. As of the 17th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 34 B, while Total Stockholder Equity is likely to drop about 9 B. Texas Instruments In The Money Call Balance
When Texas Instruments' strike price is surpassing the current stock price, the option contract against Texas Instruments Incorporated stock is said to be in the money. When it comes to buying Texas Instruments' 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 Texas Instruments Incorporated 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.
Texas Current Options Market Mood
Texas Instruments' 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 Texas 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 Texas Instruments' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Texas Instruments' 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 Texas Instruments' 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 Texas contract
Base on the Rule 16, the options market is currently suggesting that Texas Instruments Incorporated will have an average daily up or down price movement of about 1.56% per day over the life of the 2024-06-21 option contract. With Texas Instruments trading at USD 193.9, that is roughly USD 3.03. If you think that the market is fully incorporating Texas Instruments' daily price movement you should consider buying Texas Instruments Incorporated options at the current volatility level of 25.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Texas Instruments 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" Texas calls. Remember, the seller must deliver Texas Instruments Incorporated stock to the call owner when a call is exercised.
Texas Instruments Option Chain
When Texas Instruments' strike price is surpassing the current stock price, the option contract against Texas Instruments Incorporated 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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Texas Instruments' option chain is a display of a range of information that helps investors for ways to trade options on Texas. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Texas. It also shows strike prices and maturity days for a Texas Instruments 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 | 2024-06-21 CALL at $75.0 | 0.972 | 6.0E-4 | 0 | 2024-06-21 | 116.85 - 120.4 | 0.0 | In |
Call | 2024-06-21 CALL at $80.0 | 0.9701 | 6.0E-4 | 0 | 2024-06-21 | 112.05 - 115.4 | 0.0 | In |
Call | 2024-06-21 CALL at $85.0 | 0.9681 | 7.0E-4 | 0 | 2024-06-21 | 107.05 - 110.4 | 82.66 | In |
Call | 2024-06-21 CALL at $90.0 | 0.9675 | 8.0E-4 | 0 | 2024-06-21 | 101.95 - 105.3 | 0.0 | In |
Call | 2024-06-21 CALL at $95.0 | 0.9638 | 9.0E-4 | 0 | 2024-06-21 | 96.9 - 100.4 | 86.7 | In |
Call | 2024-06-21 CALL at $100.0 | 0.9614 | 0.001 | 8 | 2024-06-21 | 92.05 - 95.4 | 87.0 | In |
Call | 2024-06-21 CALL at $105.0 | 0.9589 | 0.0011 | 0 | 2024-06-21 | 87.05 - 90.4 | 76.55 | In |
Call | 2024-06-21 CALL at $110.0 | 0.9561 | 0.0013 | 0 | 2024-06-21 | 82.1 - 85.4 | 71.15 | In |
Call | 2024-06-21 CALL at $115.0 | 0.9531 | 0.0014 | 0 | 2024-06-21 | 76.95 - 80.4 | 65.75 | In |
Call | 2024-06-21 CALL at $120.0 | 0.9489 | 0.0017 | 2 | 2024-06-21 | 72.1 - 75.45 | 61.5 | In |
Call | 2024-06-21 CALL at $125.0 | 0.9452 | 0.0019 | 0 | 2024-06-21 | 66.9 - 70.45 | 56.3 | In |
Call | 2024-06-21 CALL at $130.0 | 0.9413 | 0.0022 | 2 | 2024-06-21 | 62.2 - 65.45 | 73.0 | In |
Call | 2024-06-21 CALL at $135.0 | 0.9381 | 0.0024 | 0 | 2024-06-21 | 56.9 - 60.4 | 45.6 | In |
Call | 2024-06-21 CALL at $140.0 | 0.9318 | 0.0028 | 21 | 2024-06-21 | 52.05 - 55.45 | 59.41 | In |
Call | 2024-06-21 CALL at $145.0 | 0.9684 | 0.0022 | 67 | 2024-06-21 | 48.25 - 50.45 | 57.95 | In |
Call | 2024-06-21 CALL at $150.0 | 0.967 | 0.0026 | 29 | 2024-06-21 | 43.3 - 45.35 | 38.15 | In |
Call | 2024-06-21 CALL at $155.0 | 0.9589 | 0.0034 | 380 | 2024-06-21 | 38.3 - 40.5 | 40.72 | In |
Call | 2024-06-21 CALL at $160.0 | 0.9462 | 0.0045 | 1099 | 2024-06-21 | 33.55 - 35.5 | 43.0 | In |
Call | 2024-06-21 CALL at $165.0 | 0.9091 | 0.0066 | 1367 | 2024-06-21 | 28.6 - 30.05 | 30.05 | In |
Call | 2024-06-21 CALL at $170.0 | 0.8914 | 0.0086 | 2089 | 2024-06-21 | 23.6 - 25.15 | 23.93 | In |
Call | 2024-06-21 CALL at $172.5 | 0.9964 | 0.0011 | 2 | 2024-06-21 | 20.95 - 22.0 | 24.1 | In |
Call | 2024-06-21 CALL at $175.0 | 0.995 | 0.0017 | 5308 | 2024-06-21 | 18.55 - 19.45 | 18.98 | In |
Call | 2024-06-21 CALL at $177.5 | 0.9588 | 0.0087 | 9 | 2024-06-21 | 16.05 - 17.0 | 16.64 | In |
Call | 2024-06-21 CALL at $180.0 | 0.8981 | 0.0152 | 3424 | 2024-06-21 | 13.4 - 14.55 | 13.65 | In |
Call | 2024-06-21 CALL at $182.5 | 0.9696 | 0.0107 | 2 | 2024-06-21 | 11.1 - 12.0 | 18.0 | In |
Call | 2024-06-21 CALL at $185.0 | 0.9285 | 0.0214 | 2977 | 2024-06-21 | 8.95 - 10.3 | 9.18 | In |
Call | 2024-06-21 CALL at $187.5 | 0.8337 | 0.036 | 35 | 2024-06-21 | 6.8 - 7.4 | 8.87 | In |
Call | 2024-06-21 CALL at $190.0 | 0.7532 | 0.0525 | 22574 | 2024-06-21 | 4.75 - 5.0 | 4.7 | In |
Call | 2024-06-21 CALL at $192.5 | 0.6078 | 0.0669 | 232 | 2024-06-21 | 3.05 - 3.15 | 2.75 | In |
Call | 2024-06-21 CALL at $195.0 | 0.4346 | 0.0696 | 6592 | 2024-06-21 | 1.73 - 1.85 | 1.67 | Out |
Call | 2024-06-21 CALL at $197.5 | 0.2659 | 0.0602 | 1117 | 2024-06-21 | 0.85 - 0.92 | 0.87 | Out |
Call | 2024-06-21 CALL at $200.0 | 0.1486 | 0.0413 | 6669 | 2024-06-21 | 0.39 - 0.46 | 0.34 | Out |
Call | 2024-06-21 CALL at $202.5 | 0.0669 | 0.0236 | 714 | 2024-06-21 | 0.15 - 0.22 | 0.16 | Out |
Call | 2024-06-21 CALL at $205.0 | 0.0349 | 0.0131 | 827 | 2024-06-21 | 0.07 - 0.09 | 0.1 | Out |
Call | 2024-06-21 CALL at $207.5 | 0.0229 | 0.0084 | 472 | 2024-06-21 | 0.04 - 0.07 | 0.08 | Out |
Call | 2024-06-21 CALL at $210.0 | 0.0159 | 0.0056 | 2415 | 2024-06-21 | 0.03 - 0.04 | 0.04 | Out |
Call | 2024-06-21 CALL at $212.5 | 0.0143 | 0.0045 | 63 | 2024-06-21 | 0.02 - 0.05 | 0.04 | Out |
Call | 2024-06-21 CALL at $215.0 | 0.0104 | 0.0032 | 405 | 2024-06-21 | 0.02 - 0.05 | 0.03 | Out |
Call | 2024-06-21 CALL at $217.5 | 0.0902 | 0.0101 | 163 | 2024-06-21 | 0.01 - 1.29 | 0.04 | Out |
Call | 2024-06-21 CALL at $220.0 | 0.0451 | 0.0067 | 609 | 2024-06-21 | 0.01 - 0.5 | 0.04 | Out |
Call | 2024-06-21 CALL at $222.5 | 0.0804 | 0.0081 | 54 | 2024-06-21 | 0.01 - 1.28 | 0.04 | Out |
Call | 2024-06-21 CALL at $225.0 | 0.0766 | 0.0074 | 672 | 2024-06-21 | 0.01 - 1.28 | 0.03 | Out |
Call | 2024-06-21 CALL at $230.0 | 0.0596 | 0.0058 | 1612 | 2024-06-21 | 0.01 - 1.0 | 0.03 | Out |
Put | 2024-06-21 PUT at $140.0 | -0.0016 | 2.0E-4 | 1573 | 2024-06-21 | 0.0 - 0.05 | 0.01 | Out |
Put | 2024-06-21 PUT at $150.0 | -0.0047 | 7.0E-4 | 1655 | 2024-06-21 | 0.0 - 0.22 | 0.03 | Out |
Put | 2024-06-21 PUT at $155.0 | -0.0022 | 4.0E-4 | 1873 | 2024-06-21 | 0.0 - 0.25 | 0.01 | Out |
Put | 2024-06-21 PUT at $160.0 | -0.0518 | 0.0044 | 750 | 2024-06-21 | 0.01 - 1.08 | 0.02 | Out |
Put | 2024-06-21 PUT at $165.0 | -0.015 | 0.0026 | 1756 | 2024-06-21 | 0.02 - 0.14 | 0.03 | Out |
Put | 2024-06-21 PUT at $170.0 | -0.0756 | 0.0077 | 2082 | 2024-06-21 | 0.01 - 1.29 | 0.22 | Out |
Put | 2024-06-21 PUT at $172.5 | -0.021 | 0.0044 | 2 | 2024-06-21 | 0.01 - 0.17 | 0.1 | Out |
Put | 2024-06-21 PUT at $175.0 | -0.0101 | 0.0031 | 3673 | 2024-06-21 | 0.0 - 1.3 | 0.03 | Out |
Put | 2024-06-21 PUT at $177.5 | -0.0141 | 0.0045 | 22 | 2024-06-21 | 0.02 - 0.06 | 0.04 | Out |
Put | 2024-06-21 PUT at $180.0 | -0.0191 | 0.0066 | 2470 | 2024-06-21 | 0.04 - 0.07 | 0.05 | Out |
Put | 2024-06-21 PUT at $182.5 | -0.0316 | 0.011 | 961 | 2024-06-21 | 0.08 - 0.13 | 0.08 | Out |
Put | 2024-06-21 PUT at $185.0 | -0.0683 | 0.0211 | 1541 | 2024-06-21 | 0.16 - 0.2 | 0.19 | Out |
Put | 2024-06-21 PUT at $187.5 | -0.125 | 0.0355 | 273 | 2024-06-21 | 0.33 - 0.4 | 0.46 | Out |
Put | 2024-06-21 PUT at $190.0 | -0.2323 | 0.0545 | 6883 | 2024-06-21 | 0.73 - 0.81 | 0.77 | Out |
Put | 2024-06-21 PUT at $192.5 | -0.3871 | 0.0708 | 578 | 2024-06-21 | 1.45 - 1.54 | 1.73 | Out |
Put | 2024-06-21 PUT at $195.0 | -0.5711 | 0.0737 | 1698 | 2024-06-21 | 2.61 - 2.77 | 2.83 | In |
Put | 2024-06-21 PUT at $197.5 | -0.7358 | 0.0602 | 585 | 2024-06-21 | 4.2 - 4.45 | 4.4 | In |
Put | 2024-06-21 PUT at $200.0 | -0.8724 | 0.0417 | 1468 | 2024-06-21 | 6.15 - 6.6 | 5.96 | In |
Put | 2024-06-21 PUT at $202.5 | -0.8567 | 0.0333 | 337 | 2024-06-21 | 7.6 - 9.1 | 3.95 | In |
Put | 2024-06-21 PUT at $205.0 | -0.8752 | 0.0248 | 148 | 2024-06-21 | 9.25 - 11.6 | 5.36 | In |
Put | 2024-06-21 PUT at $207.5 | -0.8764 | 0.0186 | 0 | 2024-06-21 | 12.35 - 14.2 | 7.85 | In |
Put | 2024-06-21 PUT at $210.0 | -0.8985 | 0.015 | 12 | 2024-06-21 | 14.2 - 16.6 | 17.26 | In |
Put | 2024-06-21 PUT at $212.5 | -0.9586 | 0.0088 | 0 | 2024-06-21 | 18.3 - 19.15 | 11.35 | In |
Put | 2024-06-21 PUT at $215.0 | -0.9129 | 0.0111 | 0 | 2024-06-21 | 20.8 - 22.4 | 19.55 | In |
Put | 2024-06-21 PUT at $217.5 | -0.9183 | 0.0098 | 0 | 2024-06-21 | 23.3 - 24.9 | 0.0 | In |
Put | 2024-06-21 PUT at $220.0 | -0.9405 | 0.0078 | 0 | 2024-06-21 | 24.7 - 28.15 | 49.85 | In |
Put | 2024-06-21 PUT at $222.5 | -0.9335 | 0.0075 | 0 | 2024-06-21 | 27.3 - 30.75 | 0.0 | In |
Put | 2024-06-21 PUT at $225.0 | -0.9519 | 0.0059 | 0 | 2024-06-21 | 29.7 - 33.05 | 0.0 | In |
Put | 2024-06-21 PUT at $230.0 | -0.9439 | 0.0056 | 0 | 2024-06-21 | 34.75 - 38.25 | 64.0 | In |
Put | 2024-06-21 PUT at $235.0 | -0.9524 | 0.0103 | 0 | 2024-06-21 | 39.7 - 43.2 | 0.0 | In |
Put | 2024-06-21 PUT at $240.0 | -0.9534 | 0.0041 | 0 | 2024-06-21 | 44.7 - 48.25 | 66.65 | In |
Put | 2024-06-21 PUT at $245.0 | -0.9581 | 0.0084 | 0 | 2024-06-21 | 49.7 - 53.2 | 0.0 | In |
Put | 2024-06-21 PUT at $250.0 | -0.9531 | 0.0035 | 0 | 2024-06-21 | 54.85 - 58.25 | 0.0 | In |
Put | 2024-06-21 PUT at $255.0 | -0.9603 | 0.003 | 0 | 2024-06-21 | 59.7 - 63.25 | 0.0 | In |
Put | 2024-06-21 PUT at $260.0 | -0.9604 | 0.0028 | 0 | 2024-06-21 | 64.75 - 68.25 | 96.55 | In |
Put | 2024-06-21 PUT at $265.0 | -0.9635 | 0.0025 | 0 | 2024-06-21 | 69.7 - 73.25 | 0.0 | In |
Put | 2024-06-21 PUT at $270.0 | -0.9634 | 0.0024 | 0 | 2024-06-21 | 74.85 - 78.15 | 0.0 | In |
Texas Instruments Market Cap Over Time
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Texas Total Stockholder Equity
Total Stockholder Equity |
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Additional Information and Resources on Investing in Texas Stock
When determining whether Texas Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Instruments' 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 Texas Instruments Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Instruments Incorporated Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Instruments Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Semiconductors & Semiconductor Equipment 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 Texas Instruments. If investors know Texas 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 Texas Instruments 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 (0.35) | Dividend Share 5.08 | Earnings Share 6.42 | Revenue Per Share 18.488 | Quarterly Revenue Growth (0.16) |
The market value of Texas Instruments is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Instruments' value that differs from its market value or its book value, called intrinsic value, which is Texas Instruments' 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 Texas Instruments' market value can be influenced by many factors that don't directly affect Texas Instruments' 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 Texas Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Instruments' 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.