Cambria Cannabis Stock Options
TOKE Etf | USD 5.19 0.04 0.76% |
Cambria Cannabis' latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.45. The Cambria Cannabis option chain provides detailed quote and price information for the current Cambria Cannabis ETF option contracts. It shows all of Cambria Cannabis' listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Cambria Cannabis
Analyzing Cambria Cannabis' in-the-money options over time can help investors to take a profitable long position in Cambria Cannabis regardless of its overall volatility. This is especially true when Cambria Cannabis' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Cambria Cannabis' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Cambria Cannabis' stock while costing only a fraction of its price.
Cambria Cannabis' stock options are financial instruments that give investors the right to buy or sell shares of Cambria Cannabis ETF common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Cambria stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Cambria Cannabis' stock price goes up or down, the stock options follow.
Cambria Current Options Market Mood
Cambria Cannabis' 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 Cambria Etf'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
It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Using current Cambria Cannabis' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Cambria contract
Base on the Rule 16, the options market is currently suggesting that Cambria Cannabis ETF will have an average daily up or down price movement of about 0.0281% per day over the life of the 2025-01-17 option contract. With Cambria Cannabis trading at USD 5.19, that is roughly USD 0.00146. If you think that the market is fully incorporating Cambria Cannabis' daily price movement you should consider buying Cambria Cannabis ETF options at the current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Cambria |
Purchasing Cambria Cannabis 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" Cambria calls. Remember, the seller must deliver Cambria Cannabis ETF stock to the call owner when a call is exercised.
Cambria Cannabis Option Chain
When Cambria Cannabis' strike price is surpassing the current stock price, the option contract against Cambria Cannabis ETF 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.
Cambria Cannabis' option chain is a display of a range of information that helps investors for ways to trade options on Cambria. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cambria. It also shows strike prices and maturity days for a Cambria Cannabis 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 | TOKE250117C00001000 | 0 | 1.0 | 3.5 - 8.0 | 3.5 | |
Call | TOKE250117C00002000 | 0 | 2.0 | 2.5 - 7.0 | 2.5 | |
Call | TOKE250117C00003000 | 0 | 3.0 | 1.5 - 6.0 | 1.5 | |
Call | TOKE250117C00004000 | 0 | 4.0 | 0.5 - 5.0 | 0.5 | |
Call | TOKE250117C00005000 | 0 | 5.0 | 0.0 - 4.8 | 4.8 | |
Call | TOKE250117C00006000 | 0 | 6.0 | 0.0 - 4.8 | 4.8 | |
Call | TOKE250117C00007000 | 0 | 7.0 | 0.45 - 0.9 | 0.9 | |
Call | TOKE250117C00008000 | 0 | 8.0 | 0.0 - 4.8 | 4.8 | |
Call | TOKE250117C00009000 | 0 | 9.0 | 0.0 - 4.8 | 4.8 | |
Call | TOKE250117C00010000 | 0 | 10.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00001000 | 0 | 1.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00002000 | 0 | 2.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00003000 | 0 | 3.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00004000 | 0 | 4.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00005000 | 0 | 5.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00006000 | 0 | 6.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00007000 | 0 | 7.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00008000 | 0 | 8.0 | 0.0 - 4.8 | 4.8 | |
Put | TOKE250117P00009000 | 0 | 9.0 | 0.05 - 5.0 | 0.05 | |
Put | TOKE250117P00010000 | 0 | 10.0 | 0.9 - 5.5 | 0.9 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Cannabis ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Cambria Cannabis ETF is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Cambria Cannabis' 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 Cambria Cannabis' market value can be influenced by many factors that don't directly affect Cambria Cannabis' 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 Cambria Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Cannabis' 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.