TransAlta Corp Stock Options Expiring on 21st of February

TAC Stock  USD 14.45  0.00  0.00%   
TransAlta Corp's latest option contracts expiring on February 21st 2025 are carrying combined implied volatility of 0.81 with a put-to-call open interest ratio of 40.65 over 22 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on February 21st 2025.

Open Interest Against February 21st 2025 Option Contracts

The chart above shows TransAlta Corp'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. TransAlta Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for TransAlta Corp's option, there is no secondary market available for investors to trade.

TransAlta Corp Maximum Pain Price Across 2025-02-21 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as TransAlta Corp close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, TransAlta Corp's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
TransAlta Corp's stock options are financial instruments that give investors the right to buy or sell shares of TransAlta Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell TransAlta stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If TransAlta Corp's stock price goes up or down, the stock options follow.
The current year's Total Stockholder Equity is expected to grow to about 2.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 246.7 M.

TransAlta Corp In The Money Call Balance

When TransAlta Corp's strike price is surpassing the current stock price, the option contract against TransAlta Corp stock is said to be in the money. When it comes to buying TransAlta Corp'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 TransAlta Corp 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.

TransAlta Current Options Market Mood

TransAlta Corp'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 TransAlta 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 TransAlta Corp'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. TransAlta Corp'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 TransAlta contract

Base on the Rule 16, the options market is currently suggesting that TransAlta Corp will have an average daily up or down price movement of about 0.0506% per day over the life of the 2025-02-21 option contract. With TransAlta Corp trading at USD 14.45, that is roughly USD 0.007315. If you think that the market is fully incorporating TransAlta Corp's daily price movement you should consider buying TransAlta Corp options at the current volatility level of 0.81%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  

TransAlta Corp Option Chain

When TransAlta Corp's strike price is surpassing the current stock price, the option contract against TransAlta Corp 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.
TransAlta Corp's option chain is a display of a range of information that helps investors for ways to trade options on TransAlta. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for TransAlta. It also shows strike prices and maturity days for a TransAlta Corp 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 IntStrike PriceCurrent SpreadLast Price
Call
TAC250221C000110001611.02.0 - 4.42.66In
Call
TAC250221C00013000313.01.55 - 2.851.05In
Call
TAC250221C000140003614.00.9 - 1.050.95In
Call
TAC250221C000150003315.00.5 - 0.60.6Out
Call
TAC250221C00016000016.00.2 - 0.60.2Out
Call
TAC250221C00017000017.00.0 - 0.350.35Out
Call
TAC250221C00018000018.00.0 - 0.30.1Out
Call
TAC250221C00019000019.00.0 - 0.30.3Out
Call
TAC250221C00020000020.00.0 - 0.20.2Out
Call
TAC250221C00021000021.00.0 - 1.31.3Out
Call
TAC250221C00022000022.00.0 - 0.750.75Out
 Put
TAC250221P00012000112.00.0 - 0.350.3Out
 Put
TAC250221P00013000357513.00.2 - 0.350.37Out
 Put
TAC250221P00014000114.00.55 - 0.70.85Out
 Put
TAC250221P00015000015.01.1 - 1.31.1In
 Put
TAC250221P00016000016.00.75 - 2.20.75In
 Put
TAC250221P00017000017.01.25 - 4.21.25In
 Put
TAC250221P00018000018.02.15 - 5.22.15In
 Put
TAC250221P00019000019.03.3 - 6.33.3In
 Put
TAC250221P00020000020.04.5 - 7.24.5In
 Put
TAC250221P00021000021.05.3 - 8.25.3In
 Put
TAC250221P00022000022.06.1 - 9.37.9In

TransAlta Total Stockholder Equity

Total Stockholder Equity

2.74 Billion

At present, TransAlta Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting.

TransAlta Corp Corporate Directors

Alan FohrerIndependent DirectorProfile
Sandra SharmanIndependent DirectorProfile
Yakout MansourIndependent DirectorProfile
Bryan PinneyIndependent DirectorProfile
When determining whether TransAlta Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TransAlta Corp's 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 Transalta Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transalta Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAlta Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Independent Power and Renewable Electricity Producers 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 TransAlta Corp. If investors know TransAlta 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 TransAlta Corp 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
(0.21)
Dividend Share
0.235
Earnings Share
0.26
Revenue Per Share
9.166
Quarterly Revenue Growth
(0.37)
The market value of TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp'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 TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp'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 TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp'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.