Tortoise North Stock Options
| TPYP Etf | USD 36.87 0.14 0.38% |
Tortoise North's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.21. The Tortoise North option chain provides detailed quote and price information for the current Tortoise North American option contracts. It shows all of Tortoise North's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Tortoise North
Analyzing Tortoise North's in-the-money options over time can help investors to take a profitable long position in Tortoise North regardless of its overall volatility. This is especially true when Tortoise North's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Tortoise North's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Tortoise North's stock while costing only a fraction of its price.
Tortoise North American In The Money Call Balance
When Tortoise North's strike price is surpassing the current stock price, the option contract against Tortoise North American stock is said to be in the money. When it comes to buying Tortoise North'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 Tortoise North American 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.
Tortoise Current Options Market Mood
Tortoise North'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 Tortoise 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
Unfortunately, most Tortoise North's options investors are not very successful. Tortoise North'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 Tortoise contract
Base on the Rule 16, the options market is currently suggesting that Tortoise North American will have an average daily up or down price movement of about 0.0131% per day over the life of the 2025-06-20 option contract. With Tortoise North trading at USD 36.87, that is roughly USD 0.004839. If you think that the market is fully incorporating Tortoise North's daily price movement you should consider buying Tortoise North American options at the current volatility level of 0.21%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Tortoise |
Purchasing Tortoise North 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" Tortoise calls. Remember, the seller must deliver Tortoise North American stock to the call owner when a call is exercised.
Tortoise North Option Chain
When Tortoise North's strike price is surpassing the current stock price, the option contract against Tortoise North American 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.
Tortoise North's option chain is a display of a range of information that helps investors for ways to trade options on Tortoise. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tortoise. It also shows strike prices and maturity days for a Tortoise North 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 | TPYP250620C00040000 | 0 | 40.0 | 0.0 - 1.75 | 1.75 | |
Call | TPYP250620C00039000 | 0 | 39.0 | 0.0 - 1.9 | 1.9 | |
Call | TPYP250620C00038000 | 0 | 38.0 | 0.0 - 2.0 | 2.0 | |
Call | TPYP250620C00037000 | 0 | 37.0 | 0.0 - 2.3 | 2.3 | |
Call | TPYP250620C00036000 | 0 | 36.0 | 0.0 - 2.65 | 2.65 | |
Call | TPYP250620C00035000 | 0 | 35.0 | 0.05 - 3.3 | 0.05 | In |
Call | TPYP250620C00034000 | 0 | 34.0 | 0.75 - 4.0 | 0.75 | In |
Call | TPYP250620C00033000 | 0 | 33.0 | 1.5 - 4.8 | 1.5 | In |
Call | TPYP250620C00032000 | 0 | 32.0 | 2.35 - 5.6 | 2.35 | In |
Call | TPYP250620C00031000 | 0 | 31.0 | 3.4 - 6.4 | 3.4 | In |
Put | TPYP250620P00031000 | 0 | 31.0 | 0.0 - 1.75 | 1.75 | |
Put | TPYP250620P00032000 | 0 | 32.0 | 0.0 - 1.85 | 1.85 | |
Put | TPYP250620P00033000 | 0 | 33.0 | 0.0 - 2.0 | 2.0 | |
Put | TPYP250620P00034000 | 0 | 34.0 | 0.0 - 2.25 | 2.25 | |
Put | TPYP250620P00035000 | 0 | 35.0 | 0.0 - 2.65 | 2.65 | |
Put | TPYP250620P00036000 | 0 | 36.0 | 0.05 - 3.1 | 0.05 | |
Put | TPYP250620P00037000 | 0 | 37.0 | 0.45 - 3.9 | 0.45 | In |
Put | TPYP250620P00038000 | 0 | 38.0 | 1.2 - 4.7 | 1.2 | In |
Put | TPYP250620P00039000 | 0 | 39.0 | 2.0 - 5.5 | 2.0 | In |
Put | TPYP250620P00040000 | 0 | 40.0 | 2.9 - 6.4 | 2.9 | In |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise North American. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Tortoise North American is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise North's value that differs from its market value or its book value, called intrinsic value, which is Tortoise North'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 Tortoise North's market value can be influenced by many factors that don't directly affect Tortoise North'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 Tortoise North's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise North'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.