Tencent Music Stock Options
| TME Stock | USD 11.82 0.68 5.44% |
Tencent Music's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.67 with a put-to-call open interest ratio of 0.57 over 27 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 67.0, with calls trading at the volume of 67.0. This yields a 0.35 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Tencent Music'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. Tencent Music's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Tencent Music's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Tencent Music
Analyzing Tencent Music's in-the-money options over time can help investors to take a profitable long position in Tencent Music regardless of its overall volatility. This is especially true when Tencent Music's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Tencent Music's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Tencent Music's stock while costing only a fraction of its price.
Tencent Music's stock options are financial instruments that give investors the right to buy or sell shares of Tencent Music Entert common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Tencent stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Tencent Music's stock price goes up or down, the stock options follow.
At present, Tencent Music's Stock Based Compensation To Revenue is projected to slightly decrease based on the last few years of reporting. Tencent Music Entert In The Money Call Balance
When Tencent Music's strike price is surpassing the current stock price, the option contract against Tencent Music Entertainment stock is said to be in the money. When it comes to buying Tencent Music'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 Tencent Music Entertainment 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.
Tencent Current Options Market Mood
Tencent Music'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 Tencent 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 Tencent Music'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. Tencent Music'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 Tencent contract
Base on the Rule 16, the options market is currently suggesting that Tencent Music Entertainment will have an average daily up or down price movement of about 0.0419% per day over the life of the 2024-12-20 option contract. With Tencent Music trading at USD 11.82, that is roughly USD 0.00495. If you think that the market is fully incorporating Tencent Music's daily price movement you should consider buying Tencent Music Entertainment options at the current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Tencent |
Purchasing Tencent Music 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" Tencent calls. Remember, the seller must deliver Tencent Music Entertainment stock to the call owner when a call is exercised.
Tencent Music Option Chain
When Tencent Music's strike price is surpassing the current stock price, the option contract against Tencent Music Entertainment 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.
Tencent Music's option chain is a display of a range of information that helps investors for ways to trade options on Tencent. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tencent. It also shows strike prices and maturity days for a Tencent Music 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 | TME Option Call 20-12-2024 3 | 0 | 2024-12-20 | 0.0 - 0.0 | 9.35 | In |
Call | TME Option Call 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 4.06 | In |
Call | TME Option Call 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.1 | In |
Call | TME Option Call 20-12-2024 10 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.5 | In |
Call | TME Option Call 20-12-2024 11 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.55 | In |
Call | TME Option Call 20-12-2024 12 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.8 | In |
Call | TME Option Call 20-12-2024 13 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Call | TME Option Call 20-12-2024 14 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.16 | |
Call | TME Option Call 20-12-2024 15 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.06 | |
Call | TME Option Call 20-12-2024 16 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | TME Option Call 20-12-2024 17 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.37 | |
Call | TME Option Call 20-12-2024 18 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | TME Option Call 20-12-2024 19 | 54 | 2024-12-20 | 0.0 - 0.5 | 0.3 | Out |
Call | TME Option Call 20-12-2024 20 | 31 | 2024-12-20 | 0.0 - 0.5 | 0.05 | Out |
Call | TME Option Call 20-12-2024 21 | 21 | 2024-12-20 | 0.0 - 0.75 | 0.19 | Out |
Call | TME Option Call 20-12-2024 25 | 12 | 2024-12-20 | 0.0 - 0.75 | 0.15 | Out |
Put | TME Option Put 20-12-2024 17 | 0 | 2024-12-20 | 0.0 - 0.0 | 4.46 | In |
Put | TME Option Put 20-12-2024 16 | 62 | 2024-12-20 | 3.4 - 5.2 | 6.3 | In |
Put | TME Option Put 20-12-2024 15 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.6 | In |
Put | TME Option Put 20-12-2024 14 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.63 | In |
Put | TME Option Put 20-12-2024 13 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.71 | In |
Put | TME Option Put 20-12-2024 12 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | TME Option Put 20-12-2024 11 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | TME Option Put 20-12-2024 10 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Put | TME Option Put 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | TME Option Put 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | TME Option Put 20-12-2024 7 | 5 | 2024-12-20 | 0.0 - 0.15 | 0.15 | Out |
Tencent Music Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Tencent Music Market Cap Over Time
Market Cap |
| Timeline |
Tencent Total Stockholder Equity
Total Stockholder Equity |
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Tencent Music Corporate Management
| Tao Tong | Chairman of the Board | Profile | |
| Lixue Shi | Group Vice President - Kuwo | Profile | |
| TakWai Wong | Independent Director | Profile | |
| Cheuk Yip | Chief Strategy Officer, Head of Ultimate Music | Profile | |
| Liang Tang | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Movies & Entertainment 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 Tencent Music. If investors know Tencent 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 Tencent Music 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 0.351 | Earnings Share 0.49 | Revenue Per Share 18.009 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0543 |
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music'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 Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music'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 Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music'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.