Covenant Logistics Stock Options
| CVLG Stock | USD 22.68 0.43 1.86% |
Covenant Logistics' latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.49 with a put-to-call open interest ratio of 10.64 over 25 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on June 20th 2025.
Open Interest Against June 20th 2025 Option Contracts
2025-06-20
The chart above shows Covenant Logistics' 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. Covenant Logistics' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Covenant Logistics' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Covenant Logistics
Analyzing Covenant Logistics' in-the-money options over time can help investors to take a profitable long position in Covenant Logistics regardless of its overall volatility. This is especially true when Covenant Logistics' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Covenant Logistics' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Covenant Logistics' stock while costing only a fraction of its price.
Covenant Logistics Group, In The Money Call Balance
When Covenant Logistics' strike price is surpassing the current stock price, the option contract against Covenant Logistics Group, stock is said to be in the money. When it comes to buying Covenant Logistics' 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 Covenant Logistics Group, 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.
Covenant Current Options Market Mood
Covenant Logistics' 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 Covenant 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 Covenant Logistics' options investors are not very successful. Covenant Logistics' 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 Covenant contract
Base on the Rule 16, the options market is currently suggesting that Covenant Logistics Group, will have an average daily up or down price movement of about 0.0306% per day over the life of the 2025-06-20 option contract. With Covenant Logistics trading at USD 22.68, that is roughly USD 0.006946. If you think that the market is fully incorporating Covenant Logistics' daily price movement you should consider buying Covenant Logistics Group, options at the current volatility level of 0.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Covenant |
Purchasing Covenant Logistics 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" Covenant calls. Remember, the seller must deliver Covenant Logistics Group, stock to the call owner when a call is exercised.
Covenant Logistics Option Chain
When Covenant Logistics' strike price is surpassing the current stock price, the option contract against Covenant Logistics Group, 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.
Covenant Logistics' option chain is a display of a range of information that helps investors for ways to trade options on Covenant. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Covenant. It also shows strike prices and maturity days for a Covenant Logistics 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 | Strike Price | Current Spread | Last Price | |||
Call | CVLG250620C00042500 | 2 | 42.5 | 0.0 - 0.75 | 0.75 | Out |
Call | CVLG250620C00040000 | 0 | 40.0 | 0.0 - 0.75 | 0.75 | |
Call | CVLG250620C00037500 | 1 | 37.5 | 0.0 - 0.75 | 0.3 | Out |
Call | CVLG250620C00035000 | 2 | 35.0 | 0.0 - 0.75 | 0.75 | Out |
Call | CVLG250620C00032500 | 0 | 32.5 | 0.0 - 0.75 | 0.75 | |
Call | CVLG250620C00030000 | 9 | 30.0 | 0.0 - 2.2 | 1.1 | Out |
Call | CVLG250620C00027500 | 21 | 27.5 | 0.05 - 0.25 | 1.72 | Out |
Call | CVLG250620C00025000 | 14 | 25.0 | 0.0 - 0.65 | 0.5 | Out |
Call | CVLG250620C00022500 | 24 | 22.5 | 0.1 - 3.1 | 1.95 | In |
Call | CVLG250620C00020000 | 0 | 20.0 | 1.9 - 5.4 | 1.9 | In |
Call | CVLG250620C00085000 | 1 | 85.0 | 0.0 - 2.2 | 0.75 | Out |
Call | CVLG250620C00070000 | 1 | 70.0 | 0.0 - 2.85 | 1.05 | Out |
Call | CVLG250620C00060000 | 1 | 60.0 | 2.1 - 5.0 | 4.4 | Out |
Call | CVLG250620C00055000 | 7 | 55.0 | 2.5 - 7.0 | 4.8 | Out |
Call | CVLG250620C00050000 | 2 | 50.0 | 5.4 - 10.0 | 9.87 | In |
Put | CVLG250620P00042500 | 0 | 42.5 | 19.1 - 20.6 | 19.1 | In |
Put | CVLG250620P00040000 | 0 | 40.0 | 16.6 - 18.1 | 16.6 | In |
Put | CVLG250620P00037500 | 0 | 37.5 | 13.1 - 15.6 | 13.1 | In |
Put | CVLG250620P00035000 | 0 | 35.0 | 11.6 - 13.1 | 11.6 | In |
Put | CVLG250620P00032500 | 0 | 32.5 | 9.1 - 11.4 | 9.1 | In |
Put | CVLG250620P00030000 | 0 | 30.0 | 5.7 - 8.9 | 5.7 | In |
Put | CVLG250620P00027500 | 626 | 27.5 | 4.7 - 5.1 | 4.55 | In |
Put | CVLG250620P00025000 | 271 | 25.0 | 2.4 - 2.85 | 2.55 | In |
Put | CVLG250620P00022500 | 1 | 22.5 | 0.0 - 2.35 | 1.1 | Out |
Put | CVLG250620P00020000 | 6 | 20.0 | 0.0 - 2.25 | 1.19 | Out |
Covenant Total Stockholder Equity
Total Stockholder Equity |
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Covenant Logistics Corporate Management
| Brande Tweed | Senior Improvement | Profile | |
| Matisse Long | Chief Officer | Profile | |
| Tyson Wimberly | Senior Sales | Profile | |
| Samuel Hough | Executive Operations | Profile | |
| William Cartright | Senior Operations | Profile | |
| Lynn Doster | Executive Operations | Profile | |
| Troy Robertson | Senior Counsel | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covenant Logistics Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Cargo Ground Transportation 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 Covenant Logistics. If investors know Covenant 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 Covenant Logistics 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 (0.45) | Dividend Share 0.22 | Earnings Share 1.28 | Revenue Per Share | Quarterly Revenue Growth 0.012 |
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' 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 Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' 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 Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' 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.