2024-05-17 PUT at $21.0 Option on The Wendys
| WEN Stock | USD 19.94 0.02 0.10% |
2024-05-17 PUT at $21.0 is a PUT option contract on Wendys' common stock with a strick price of 21.0 expiring on 2024-05-17. The contract was last traded on 2024-05-02 at 15:32:35 for $1.05 and, as of today, has 14 days remaining before the expiration. The option is currently trading at a bid price of $1.1, and an ask price of $2.85. The implied volatility as of the 3rd of May is 86.01.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The Wendys Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Wendys |
A put option written on Wendys becomes more valuable as the price of Wendys drops. Conversely, Wendys' put option loses its value as Wendys Stock rises. When exercised, put options on Wendys produce a short position in Wendys Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Wendys' downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that The Wendys Co will have an average daily up or down price movement of about 5.38% per day over the life of the option. With Wendys trading at USD 19.94, that is roughly USD 1.07. If you think that the market is fully understating Wendys' daily price movement you should consider buying The Wendys Co options at that current volatility level of 86.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Wendys
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 Wendys 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 Wendys 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 $21.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 14 |
| Last Traded On | 2024-05-02 15:32:35 |
| Contract Period | MONTHLY |
| Open Interest | 129 |
| Current Trading Volume | 5.0 |
| Strike Price | 21.0 |
| Last Traded At | 1.05 |
| Current Price Spread | 1.1 | 2.85 |
| Rule 16 Daily Up or Down | USD1.07 |
Wendys short PUT Option Greeks
Wendys' Option Greeks for the contract ending on 2024-05-17 at a strike price of 21.0 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 Wendys' option greeks, its implied volatility helps estimate the risk of Wendys stock implied by the prices of the options on Wendys' stock.
| Delta | -0.5896 | |
| Gamma | 0.1158 | |
| Theta | -0.0462 | |
| Vega | 0.0151 | |
| Rho | -0.0045 |
Wendys long PUT Option Payoff at expiration
Put options written on Wendys grant holders of the option the right to sell a specified amount of Wendys 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 Wendys Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Wendys is like buying insurance aginst Wendys' downside shift.
Profit |
| Wendys Price At Expiration |
Wendys short PUT Option Payoff at expiration
By selling Wendys' put option, the investors signal their bearish sentiment. A short position in a put option written on Wendys will generally make money when the underlying price is above the strike price. Therefore Wendys' put payoff at expiration depends on where the Wendys Stock price is relative to the put option strike price. The breakeven price of 19.02 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 Wendys' price. Finally, at the strike price of 21.0, the payoff chart is constant and positive.
Profit |
| Wendys Price At Expiration |
The Wendys Available Put Options
Wendys' option chain is a display of a range of information that helps investors for ways to trade options on Wendys. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Wendys. It also shows strike prices and maturity days for a Wendys 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 $17.0 | -0.0552 | 0.0545 | 2867 | 2024-05-17 | 0.0 - 0.05 | 0.05 | Out |
Put | 2024-05-17 PUT at $18.0 | -0.0751 | 0.0982 | 1460 | 2024-05-17 | 0.0 - 0.1 | 0.05 | Out |
Put | 2024-05-17 PUT at $19.0 | -0.121 | 0.2444 | 7923 | 2024-05-17 | 0.05 - 0.15 | 0.05 | Out |
Put | 2024-05-17 PUT at $20.0 | -0.5189 | 0.3873 | 426 | 2024-05-17 | 0.4 - 0.5 | 0.45 | In |
Put | 2024-05-17 PUT at $21.0 | -0.5896 | 0.1158 | 129 | 2024-05-17 | 1.1 - 2.85 | 1.05 | In |
Put | 2024-05-17 PUT at $22.0 | -0.615 | 0.08 | 3 | 2024-05-17 | 0.45 - 3.2 | 1.95 | In |
Put | 2024-05-17 PUT at $23.0 | -0.5972 | 0.0566 | 0 | 2024-05-17 | 0.95 - 4.7 | 3.4 | In |
Put | 2024-05-17 PUT at $24.0 | -0.8199 | 0.0713 | 0 | 2024-05-17 | 2.6 - 6.2 | 0.0 | In |
Put | 2024-05-17 PUT at $25.0 | -0.8355 | 0.0592 | 0 | 2024-05-17 | 3.6 - 7.2 | 0.0 | In |
Put | 2024-05-17 PUT at $26.0 | -0.6509 | 0.0424 | 0 | 2024-05-17 | 3.9 - 7.7 | 0.0 | In |
Put | 2024-05-17 PUT at $27.0 | -0.8854 | 0.0421 | 0 | 2024-05-17 | 4.9 - 7.3 | 0.0 | In |
Put | 2024-05-17 PUT at $28.0 | -0.6731 | 0.0369 | 0 | 2024-05-17 | 5.9 - 9.7 | 0.0 | In |
Put | 2024-05-17 PUT at $29.0 | -0.7767 | 0.0382 | 0 | 2024-05-17 | 8.7 - 11.1 | 0.0 | In |
Put | 2024-05-17 PUT at $30.0 | -0.6896 | 0.033 | 0 | 2024-05-17 | 8.3 - 11.7 | 0.0 | In |
Put | 2024-05-17 PUT at $35.0 | -0.9819 | 0.0087 | 0 | 2024-05-17 | 14.8 - 15.4 | 0.0 | In |
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Our tools can tell you how much better you can do entering a position in Wendys 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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Wendys Corporate Directors
Wendys corporate directors refer to members of a Wendys board of directors. The board of directors generally takes responsibility for the Wendys' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Wendys' board members must vote for the resolution. The Wendys board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Janet Hill | Independent Director | Profile | |
| Kristin Dolan | Director | Profile | |
| Joseph Levato | Independent Director | Profile | |
| Arthur Winkleblack | Independent Director | Profile |
Already Invested in The Wendys Co?
The danger of trading The Wendys Co 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 Wendys 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 Wendys. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile The Wendys 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 The Wendys offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wendys' 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 The Wendys Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Wendys Co Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The Wendys Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the The Wendys information on this page should be used as a complementary analysis to other Wendys' 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running Wendys' price analysis, check to measure Wendys' 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 Wendys is operating at the current time. Most of Wendys' value examination focuses on studying past and present price action to predict the probability of Wendys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wendys' price. Additionally, you may evaluate how the addition of Wendys to your portfolios can decrease your overall portfolio volatility.
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Is Wendys' 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 Wendys. If investors know Wendys 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 Wendys 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 0.2 | Dividend Share 1 | Earnings Share 0.97 | Revenue Per Share 10.414 | Quarterly Revenue Growth 0.008 |
The market value of The Wendys is measured differently than its book value, which is the value of Wendys that is recorded on the company's balance sheet. Investors also form their own opinion of Wendys' value that differs from its market value or its book value, called intrinsic value, which is Wendys' 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 Wendys' market value can be influenced by many factors that don't directly affect Wendys' 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 Wendys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wendys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wendys' 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.