PennantPark Floating Stock Options
| PFLT Stock | USD 11.00 0.05 0.45% |
PennantPark Floating's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.14 with a put-to-call open interest ratio of 0.21 over 6 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 7.0, with calls trading at the volume of 7.0. This yields a 7.0 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
PennantPark Floating 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 PennantPark Floating's lending market. For example, when PennantPark Floating'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 PennantPark Floating, he or she must hedge the risk by shorting PennantPark Floating stock over its option's life.
2024-12-20
The chart above shows PennantPark Floating'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. PennantPark Floating's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for PennantPark Floating's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on PennantPark Floating
Analyzing PennantPark Floating's in-the-money options over time can help investors to take a profitable long position in PennantPark Floating regardless of its overall volatility. This is especially true when PennantPark Floating's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money PennantPark Floating's options could be used as guardians of the underlying stock as they move almost dollar for dollar with PennantPark Floating's stock while costing only a fraction of its price.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Floating Rate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
PennantPark Floating Rate In The Money Call Balance
When PennantPark Floating's strike price is surpassing the current stock price, the option contract against PennantPark Floating Rate stock is said to be in the money. When it comes to buying PennantPark Floating'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 PennantPark Floating Rate 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.
PennantPark Current Options Market Mood
PennantPark Floating'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 PennantPark 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 PennantPark Floating's options investors are not very successful. PennantPark Floating'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 PennantPark contract
Base on the Rule 16, the options market is currently suggesting that PennantPark Floating Rate will have an average daily up or down price movement of about 0.0712% per day over the life of the 2024-12-20 option contract. With PennantPark Floating trading at USD 11.0, that is roughly USD 0.007837. If you think that the market is fully incorporating PennantPark Floating's daily price movement you should consider buying PennantPark Floating Rate options at the current volatility level of 1.14%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing PennantPark Floating 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" PennantPark calls. Remember, the seller must deliver PennantPark Floating Rate stock to the call owner when a call is exercised.
PennantPark Floating Option Chain
When PennantPark Floating's strike price is surpassing the current stock price, the option contract against PennantPark Floating Rate 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.
PennantPark Floating's option chain is a display of a range of information that helps investors for ways to trade options on PennantPark. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for PennantPark. It also shows strike prices and maturity days for a PennantPark Floating 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 | PFLT Option Call 20-12-2024 10 | 5 | 2024-12-20 | 0.75 - 1.15 | 1.02 | In |
Call | PFLT Option Call 20-12-2024 12 | 37 | 2024-12-20 | 0.0 - 0.05 | 0.05 | Out |
Put | PFLT Option Put 20-12-2024 10 | 3 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | PFLT Option Put 20-12-2024 12 | 1 | 2024-12-20 | 1.25 - 1.85 | 1.44 | In |
Put | PFLT Option Put 20-12-2024 15 | 4 | 2024-12-20 | 3.9 - 4.4 | 4.08 | In |
Put | PFLT Option Put 20-12-2024 17 | 1 | 2024-12-20 | 5.3 - 7.0 | 6.0 | In |
PennantPark Floating Market Cap Over Time
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PennantPark Total Stockholder Equity
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PennantPark Floating Corporate Management
| Allorto CPA | CFO Treasurer | Profile | |
| Richard Houten | Senior Houston | Profile | |
| Matthew Visgilio | Manager Operations | Profile | |
| Salvatore III | Partner | Profile |
Additional Tools for PennantPark Stock Analysis
When running PennantPark Floating's price analysis, check to measure PennantPark Floating'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 PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.