Textron Stock Options

TXT Stock  USD 74.62  1.43  1.95%   
Textron's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.43 with a put-to-call open interest ratio of 0.26 over 52 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 4.0, with calls trading at the volume of 6.0. This yields a 0.67 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

Textron option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Textron's lending market. For example, when Textron's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Textron, he or she must hedge the risk by shorting Textron stock over its option's life.
The chart above shows Textron'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. Textron's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Textron's option, there is no secondary market available for investors to trade.

Textron Maximum Pain Price Across 2025-06-20 Option Contracts

Max pain occurs when Textron's market makers reach a net positive position across all Textron's options at a strike price where option holders stand to lose the most money. By contrast, Textron's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Textron

Analyzing Textron's in-the-money options over time can help investors to take a profitable long position in Textron regardless of its overall volatility. This is especially true when Textron's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Textron's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Textron's stock while costing only a fraction of its price.

Textron In The Money Call Balance

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

Textron Current Options Market Mood

Textron'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 Textron 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

Unfortunately, most Textron's options investors are not very successful. Textron'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 Textron contract

Base on the Rule 16, the options market is currently suggesting that Textron will have an average daily up or down price movement of about 0.0269% per day over the life of the 2025-06-20 option contract. With Textron trading at USD 74.62, that is roughly USD 0.0201. If you think that the market is fully incorporating Textron's daily price movement you should consider buying Textron options at the current volatility level of 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Textron 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" Textron calls. Remember, the seller must deliver Textron stock to the call owner when a call is exercised.

Textron Option Chain

When Textron's strike price is surpassing the current stock price, the option contract against Textron 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.
Textron's option chain is a display of a range of information that helps investors for ways to trade options on Textron. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Textron. It also shows strike prices and maturity days for a Textron 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
TXT250620C001300000130.00.0 - 0.30.3Out
Call
TXT250620C001250000125.00.0 - 0.40.4Out
Call
TXT250620C001200000120.00.0 - 0.40.4Out
Call
TXT250620C001150000115.00.0 - 0.40.4Out
Call
TXT250620C0011000010110.00.0 - 0.450.5Out
Call
TXT250620C0010500050105.00.0 - 0.50.45Out
Call
TXT250620C001000005100.00.0 - 0.40.4Out
Call
TXT250620C000975001697.50.0 - 0.60.25Out
Call
TXT250620C0009500017195.00.05 - 0.70.35Out
Call
TXT250620C000925005792.50.15 - 0.750.28Out
Call
TXT250620C0009000017390.00.25 - 0.60.44Out
Call
TXT250620C0008750012187.50.1 - 1.11.18Out
Call
TXT250620C0008500056785.00.4 - 1.11.8Out
Call
TXT250620C000825006982.50.85 - 1.51.64Out
Call
TXT250620C0008000025980.01.5 - 2.12.05Out
Call
TXT250620C000775009577.52.7 - 3.12.8Out
Call
TXT250620C000750007875.03.8 - 4.23.83Out
Call
TXT250620C0007250094972.55.1 - 5.65.35In
Call
TXT250620C000700001970.06.1 - 7.37.14In
Call
TXT250620C0006750093467.58.4 - 8.97.3In
Call
TXT250620C00065000665.09.4 - 11.710.5In
Call
TXT250620C00060000160.012.9 - 16.118.47In
Call
TXT250620C00055000155.017.3 - 21.122.63In
Call
TXT250620C00050000150.022.1 - 26.127.0In
Call
TXT250620C00047500247.524.5 - 28.533.21In
Call
TXT250620C000450001045.027.0 - 30.930.9In
 Put
TXT250620P001300000130.054.7 - 58.854.7In
 Put
TXT250620P001250000125.049.7 - 53.549.7In
 Put
TXT250620P001200000120.044.7 - 48.544.7In
 Put
TXT250620P001150000115.040.0 - 43.840.0In
 Put
TXT250620P001100000110.034.7 - 38.834.7In
 Put
TXT250620P001050000105.029.7 - 33.829.7In
 Put
TXT250620P001000000100.024.8 - 28.824.8In
 Put
TXT250620P00097500097.522.2 - 26.319.1In
 Put
TXT250620P00095000495.019.7 - 23.818.3In
 Put
TXT250620P00092500292.517.2 - 21.311.0In
 Put
TXT250620P00090000590.014.5 - 18.716.99In
 Put
TXT250620P00085000485.010.4 - 13.38.1In
 Put
TXT250620P0008250011582.59.4 - 11.210.2In
 Put
TXT250620P0008000024280.07.7 - 8.18.1In
 Put
TXT250620P000775006377.56.1 - 7.05.0In
 Put
TXT250620P0007500013075.04.7 - 5.35.71In
 Put
TXT250620P000725008272.53.5 - 4.03.75Out
 Put
TXT250620P0007000015370.02.65 - 3.23.1Out
 Put
TXT250620P000675003467.51.7 - 2.62.1Out
 Put
TXT250620P000650006965.01.35 - 2.01.65Out
 Put
TXT250620P000625001762.50.7 - 1.51.25Out
 Put
TXT250620P00060000360.00.65 - 0.90.6Out
 Put
TXT250620P00055000255.00.3 - 0.550.3Out
 Put
TXT250620P00050000450.00.05 - 0.650.22Out
 Put
TXT250620P00047500747.50.05 - 0.550.1Out
 Put
TXT250620P00045000845.00.0 - 0.50.12Out

Textron Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Textron Total Stockholder Equity

Total Stockholder Equity

4.21 Billion

At this time, Textron's Total Stockholder Equity is comparatively stable compared to the past year.

Textron Corporate Directors

Kathleen BaderIndependent DirectorProfile
James ConwayIndependent DirectorProfile
Deborah JamesIndependent DirectorProfile
R ClarkLead Independent DirectorProfile

Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.