Northwest Natural Stock Options
| NWN Stock | USD 39.69 0.17 0.43% |
Northwest Natural's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.83. The Northwest Natural option chain provides detailed quote and price information for the current Northwest Natural Gas option contracts. It shows all of Northwest Natural's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Northwest Natural
Analyzing Northwest Natural's in-the-money options over time can help investors to take a profitable long position in Northwest Natural regardless of its overall volatility. This is especially true when Northwest Natural's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Northwest Natural's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Northwest Natural's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Northwest Natural lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Northwest Natural's 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 Northwest Natural 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 Northwest Stock moves the wrong way.
Northwest Natural Gas In The Money Call Balance
When Northwest Natural's strike price is surpassing the current stock price, the option contract against Northwest Natural Gas stock is said to be in the money. When it comes to buying Northwest Natural'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 Northwest Natural Gas 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.
Northwest Current Options Market Mood
Northwest Natural'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 Northwest 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 Volume
Most options investors, including buyers and sellers of Northwest Natural'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. Northwest Natural'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 Northwest contract
Base on the Rule 16, the options market is currently suggesting that Northwest Natural Gas will have an average daily up or down price movement of about 0.0519% per day over the life of the 2025-01-17 option contract. With Northwest Natural trading at USD 39.69, that is roughly USD 0.0206. If you think that the market is fully incorporating Northwest Natural's daily price movement you should consider buying Northwest Natural Gas options at the current volatility level of 0.83%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Northwest |
Purchasing Northwest Natural 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" Northwest calls. Remember, the seller must deliver Northwest Natural Gas stock to the call owner when a call is exercised.
Northwest Natural Option Chain
When Northwest Natural's strike price is surpassing the current stock price, the option contract against Northwest Natural Gas 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.
Northwest Natural's option chain is a display of a range of information that helps investors for ways to trade options on Northwest. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Northwest. It also shows strike prices and maturity days for a Northwest Natural 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 | NWN250117C00022500 | 0 | 22.5 | 16.6 - 20.5 | 16.6 | In |
Call | NWN250117C00025000 | 0 | 25.0 | 13.7 - 18.5 | 13.7 | In |
Call | NWN250117C00030000 | 0 | 30.0 | 8.9 - 13.5 | 8.9 | In |
Call | NWN250117C00035000 | 0 | 35.0 | 3.9 - 8.5 | 3.9 | In |
Call | NWN250117C00040000 | 0 | 40.0 | 0.0 - 4.8 | 4.8 | In |
Call | NWN250117C00045000 | 0 | 45.0 | 0.0 - 4.8 | 4.8 | |
Call | NWN250117C00050000 | 0 | 50.0 | 0.0 - 4.8 | 4.8 | |
Call | NWN250117C00055000 | 0 | 55.0 | 0.0 - 4.8 | 4.8 | |
Call | NWN250117C00060000 | 0 | 60.0 | 0.0 - 4.8 | 4.8 | |
Put | NWN250117P00022500 | 0 | 22.5 | 0.0 - 4.8 | 4.8 | |
Put | NWN250117P00025000 | 0 | 25.0 | 0.0 - 4.8 | 4.8 | |
Put | NWN250117P00030000 | 0 | 30.0 | 0.0 - 4.8 | 4.8 | |
Put | NWN250117P00035000 | 0 | 35.0 | 0.0 - 4.8 | 4.8 | |
Put | NWN250117P00040000 | 0 | 40.0 | 0.0 - 4.8 | 4.8 | |
Put | NWN250117P00045000 | 0 | 45.0 | 2.0 - 6.4 | 2.0 | In |
Put | NWN250117P00050000 | 0 | 50.0 | 7.0 - 11.7 | 7.0 | In |
Put | NWN250117P00055000 | 0 | 55.0 | 12.1 - 16.9 | 12.1 | In |
Put | NWN250117P00060000 | 0 | 60.0 | 17.2 - 21.5 | 17.2 | In |
Northwest Total Stockholder Equity
Total Stockholder Equity |
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Northwest Natural Corporate Directors
| Jane Peverett | Independent Director | Profile | |
| Monica Enand | Independent Director | Profile | |
| Timothy Boyle | Independent Director | Profile | |
| Kenneth Thrasher | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Natural Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Gas Utilities 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 Northwest Natural. If investors know Northwest 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 Northwest Natural 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 (0.16) | Dividend Share 1.95 | Earnings Share 2.1 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of Northwest Natural Gas is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Natural's value that differs from its market value or its book value, called intrinsic value, which is Northwest Natural'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 Northwest Natural's market value can be influenced by many factors that don't directly affect Northwest Natural'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 Northwest Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Natural'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.