Sunoco LP Stock Options Expiring on 21st of February
| SUN Stock | USD 55.64 1.05 1.92% |
Sunoco LP's latest option contracts expiring on February 21st 2025 are carrying combined implied volatility of 0.4 with a put-to-call open interest ratio of 0.55 over 22 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on February 21st 2025. The total put volume is at 25.0, with calls trading at the volume of 65.0. This yields a 0.38 put-to-call volume ratio.
Open Interest Against February 21st 2025 Option Contracts
2025-02-21
The chart above shows Sunoco LP'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. Sunoco LP's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Sunoco LP's option, there is no secondary market available for investors to trade.
Sunoco LP Maximum Pain Price Across 2025-02-21 Option Contracts
Max pain occurs when Sunoco LP's market makers reach a net positive position across all Sunoco LP's options at a strike price where option holders stand to lose the most money. By contrast, Sunoco LP's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Please note that buying 'in-the-money' options on Sunoco LP lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Sunoco LP'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 Sunoco LP 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 Sunoco Stock moves the wrong way.
Sunoco LP In The Money Call Balance
When Sunoco LP's strike price is surpassing the current stock price, the option contract against Sunoco LP stock is said to be in the money. When it comes to buying Sunoco LP'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 Sunoco LP 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.
Sunoco Current Options Market Mood
Sunoco LP'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 Sunoco 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 Sunoco LP'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. Sunoco LP'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 Sunoco contract
Base on the Rule 16, the options market is currently suggesting that Sunoco LP will have an average daily up or down price movement of about 0.025% per day over the life of the 2025-02-21 option contract. With Sunoco LP trading at USD 55.64, that is roughly USD 0.0139. If you think that the market is fully incorporating Sunoco LP's daily price movement you should consider buying Sunoco LP options at the current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sunoco |
Sunoco LP Option Chain
When Sunoco LP's strike price is surpassing the current stock price, the option contract against Sunoco LP 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.
Sunoco LP's option chain is a display of a range of information that helps investors for ways to trade options on Sunoco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sunoco. It also shows strike prices and maturity days for a Sunoco LP 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 | SUN250221C00045000 | 2 | 45.0 | 8.8 - 10.5 | 9.5 | In |
Call | SUN250221C00047500 | 0 | 47.5 | 6.8 - 8.8 | 6.8 | In |
Call | SUN250221C00050000 | 26 | 50.0 | 4.5 - 5.4 | 3.78 | In |
Call | SUN250221C00052500 | 135 | 52.5 | 1.75 - 4.1 | 2.4 | In |
Call | SUN250221C00055000 | 251 | 55.0 | 0.85 - 1.15 | 0.95 | Out |
Call | SUN250221C00057500 | 84 | 57.5 | 0.2 - 0.3 | 0.21 | Out |
Call | SUN250221C00060000 | 0 | 60.0 | 0.0 - 0.15 | 0.15 | |
Call | SUN250221C00062500 | 0 | 62.5 | 0.0 - 0.75 | 0.75 | |
Call | SUN250221C00065000 | 0 | 65.0 | 0.0 - 0.75 | 0.75 | |
Call | SUN250221C00070000 | 0 | 70.0 | 0.0 - 0.75 | 0.75 | |
Call | SUN250221C00075000 | 0 | 75.0 | 0.0 - 0.75 | 0.75 | |
Put | SUN250221P00045000 | 2 | 45.0 | 0.05 - 0.75 | 0.21 | Out |
Put | SUN250221P00047500 | 92 | 47.5 | 0.1 - 0.2 | 0.2 | Out |
Put | SUN250221P00050000 | 164 | 50.0 | 0.25 - 0.35 | 0.3 | Out |
Put | SUN250221P00052500 | 15 | 52.5 | 0.75 - 0.95 | 0.8 | Out |
Put | SUN250221P00055000 | 3 | 55.0 | 1.9 - 2.2 | 2.75 | In |
Put | SUN250221P00057500 | 0 | 57.5 | 3.7 - 4.3 | 3.7 | In |
Put | SUN250221P00060000 | 0 | 60.0 | 4.9 - 7.1 | 4.9 | In |
Put | SUN250221P00062500 | 0 | 62.5 | 7.4 - 9.8 | 7.4 | In |
Put | SUN250221P00065000 | 0 | 65.0 | 10.5 - 12.4 | 10.5 | In |
Put | SUN250221P00070000 | 0 | 70.0 | 15.4 - 17.0 | 15.4 | In |
Put | SUN250221P00075000 | 0 | 75.0 | 20.0 - 22.5 | 20.0 | In |
Sunoco LP Market Cap Over Time
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| Timeline |
Sunoco Total Stockholder Equity
Total Stockholder Equity |
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Sunoco LP Corporate Directors
| Imad Anbouba | Independent Director of the General Partner | Profile | |
| James Bryant | Independent Director of the General Partner | Profile | |
| Oscar Alvarez | Independent Director of the General Partner | Profile | |
| David Skidmore | Independent Director of the General Partner | Profile |
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Is Oil & Gas Storage & 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 Sunoco LP. If investors know Sunoco 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 Sunoco LP 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 3.936 | Dividend Share 3.469 | Earnings Share 3.91 | Revenue Per Share | Quarterly Revenue Growth (0.09) |
The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.