CP241220P00072500 Option on Canadian Pacific Railway
| CP Stock | USD 75.35 0.96 1.29% |
Canadian Pacific's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.55 with a put-to-call open interest ratio of 1.12 over 42 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 484, with calls trading at the volume of 484. This yields a 1.92 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Canadian Pacific'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. Canadian Pacific's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Canadian Pacific's option, there is no secondary market available for investors to trade.
Canadian Pacific Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when Canadian Pacific's market makers reach a net positive position across all Canadian Pacific's options at a strike price where option holders stand to lose the most money. By contrast, Canadian Pacific's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Canadian Pacific's option chain provides insight into all available option contracts written on Canadian Pacific's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Canadian Pacific'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 Canadian option contract.
In The Money vs. Out of Money Option Contracts on Canadian Pacific
Analyzing Canadian Pacific's in-the-money options over time can help investors to take a profitable long position in Canadian Pacific regardless of its overall volatility. This is especially true when Canadian Pacific's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Canadian Pacific's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Canadian Pacific's stock while costing only a fraction of its price.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Canadian Pacific Railway In The Money Call Balance
When Canadian Pacific's strike price is surpassing the current stock price, the option contract against Canadian Pacific Railway stock is said to be in the money. When it comes to buying Canadian Pacific'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 Canadian Pacific Railway 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.
Canadian Current Options Market Mood
Canadian Pacific'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 Canadian 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
Unfortunately, most Canadian Pacific's options investors are not very successful. Canadian Pacific'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.
Rule 16 of the current Canadian contract
Base on the Rule 16, the options market is currently suggesting that Canadian Pacific Railway will have an average daily up or down price movement of about 0.0344% per day over the life of the 2024-12-20 option contract. With Canadian Pacific trading at USD 75.35, that is roughly USD 0.0259. If you think that the market is fully incorporating Canadian Pacific's daily price movement you should consider buying Canadian Pacific Railway options at the current volatility level of 0.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Canadian Pacific 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" Canadian calls. Remember, the seller must deliver Canadian Pacific Railway stock to the call owner when a call is exercised.
Canadian Pacific Option Chain
When Canadian Pacific's strike price is surpassing the current stock price, the option contract against Canadian Pacific Railway 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.
Canadian Pacific's option chain is a display of a range of information that helps investors for ways to trade options on Canadian. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Canadian. It also shows strike prices and maturity days for a Canadian Pacific 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. | Open Int | Expiration | Current Spread | Last Price | |||
Call | CP Option Call 20-12-2024 55 | 0 | 2024-12-20 | 19.5 - 24.1 | 24.0 | In |
Call | CP Option Call 20-12-2024 60 | 0 | 2024-12-20 | 15.0 - 18.8 | 19.2 | In |
Call | CP Option Call 20-12-2024 65 | 16 | 2024-12-20 | 10.6 - 11.2 | 11.5 | In |
Call | CP Option Call 20-12-2024 70 | 15 | 2024-12-20 | 5.7 - 6.4 | 7.29 | In |
Call | CP Option Call 20-12-2024 72 | 822 | 2024-12-20 | 3.6 - 3.8 | 3.5 | In |
Call | CP Option Call 20-12-2024 75 | 2319 | 2024-12-20 | 1.85 - 2.0 | 1.9 | In |
Call | CP Option Call 20-12-2024 77 | 827 | 2024-12-20 | 0.7 - 0.9 | 0.75 | Out |
Call | CP Option Call 20-12-2024 80 | 3039 | 2024-12-20 | 0.25 - 0.35 | 0.23 | Out |
Call | CP Option Call 20-12-2024 82 | 1528 | 2024-12-20 | 0.05 - 0.15 | 0.1 | Out |
Call | CP Option Call 20-12-2024 85 | 499 | 2024-12-20 | 0.05 - 0.1 | 0.15 | Out |
Call | CP Option Call 20-12-2024 87 | 591 | 2024-12-20 | 0.05 - 0.25 | 0.1 | Out |
Call | CP Option Call 20-12-2024 90 | 1143 | 2024-12-20 | 0.0 - 0.25 | 0.06 | Out |
Call | CP Option Call 20-12-2024 92 | 313 | 2024-12-20 | 0.0 - 0.75 | 0.08 | Out |
Call | CP Option Call 20-12-2024 95 | 352 | 2024-12-20 | 0.0 - 0.75 | 0.22 | Out |
Call | CP Option Call 20-12-2024 97 | 267 | 2024-12-20 | 0.0 - 1.35 | 0.35 | Out |
Call | CP Option Call 20-12-2024 100 | 85 | 2024-12-20 | 0.0 - 0.05 | 0.25 | Out |
Call | CP Option Call 20-12-2024 105 | 20 | 2024-12-20 | 0.0 - 1.0 | 0.1 | Out |
Call | CP Option Call 20-12-2024 110 | 22 | 2024-12-20 | 0.0 - 2.2 | 0.25 | Out |
Call | CP Option Call 20-12-2024 115 | 2 | 2024-12-20 | 0.0 - 0.75 | 0.11 | Out |
Call | CP Option Call 20-12-2024 120 | 20 | 2024-12-20 | 0.0 - 2.15 | 0.15 | Out |
Call | CP Option Call 20-12-2024 125 | 32 | 2024-12-20 | 0.0 - 0.75 | 0.35 | Out |
Call | CP Option Call 20-12-2024 130 | 5 | 2024-12-20 | 0.0 - 1.0 | 0.15 | Out |
Call | CP Option Call 20-12-2024 135 | 5 | 2024-12-20 | 0.0 - 1.55 | 0.2 | Out |
Put | CP Option Put 20-12-2024 100 | 0 | 2024-12-20 | 15.4 - 19.0 | 12.0 | In |
Put | CP Option Put 20-12-2024 95 | 0 | 2024-12-20 | 13.7 - 17.2 | 11.9 | In |
Put | CP Option Put 20-12-2024 92 | 17 | 2024-12-20 | 7.2 - 7.6 | 9.8 | In |
Put | CP Option Put 20-12-2024 90 | 30 | 2024-12-20 | 11.0 - 14.7 | 6.5 | In |
Put | CP Option Put 20-12-2024 87 | 0 | 2024-12-20 | 10.6 - 12.1 | 9.4 | In |
Put | CP Option Put 20-12-2024 85 | 160 | 2024-12-20 | 8.3 - 11.0 | 6.7 | In |
Put | CP Option Put 20-12-2024 82 | 55 | 2024-12-20 | 6.6 - 7.5 | 8.02 | In |
Put | CP Option Put 20-12-2024 80 | 1247 | 2024-12-20 | 3.2 - 4.7 | 5.8 | In |
Put | CP Option Put 20-12-2024 77 | 1414 | 2024-12-20 | 2.45 - 2.75 | 2.3 | In |
Put | CP Option Put 20-12-2024 75 | 1143 | 2024-12-20 | 0.9 - 1.25 | 1.15 | Out |
Put | CP Option Put 20-12-2024 72 | 1676 | 2024-12-20 | 0.4 - 0.5 | 0.45 | Out |
Put | CP Option Put 20-12-2024 70 | 1030 | 2024-12-20 | 0.15 - 0.2 | 0.2 | Out |
Put | CP Option Put 20-12-2024 67 | 115 | 2024-12-20 | 0.0 - 0.25 | 0.08 | Out |
Put | CP Option Put 20-12-2024 65 | 133 | 2024-12-20 | 0.0 - 0.15 | 0.05 | Out |
Put | CP Option Put 20-12-2024 60 | 249 | 2024-12-20 | 0.0 - 0.35 | 0.05 | Out |
Put | CP Option Put 20-12-2024 55 | 124 | 2024-12-20 | 0.1 - 0.4 | 0.16 | Out |
Put | CP Option Put 20-12-2024 50 | 96 | 2024-12-20 | 0.0 - 0.15 | 0.06 | Out |
Put | CP Option Put 20-12-2024 45 | 5897 | 2024-12-20 | 0.0 - 0.05 | 0.05 | Out |
Put | CP Option Put 20-12-2024 42 | 10 | 2024-12-20 | 0.0 - 2.15 | 0.1 | Out |
Canadian Pacific Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Canadian Total Stockholder Equity
Total Stockholder Equity |
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Canadian Pacific Corporate Directors
| Gillian Denham | Independent Director | Profile | |
| Jane Peverett | Independent Director | Profile | |
| Edward Hamberger | Independent Director | Profile | |
| John Baird | Independent Director | Profile |
Additional Tools for Canadian Stock Analysis
When running Canadian Pacific's price analysis, check to measure Canadian Pacific'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 Canadian Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.