|Bid||14.45 x 27000|
|Ask||0.00 x 38500|
|Day's Range||14.30 - 14.68|
|52 Week Range||9.42 - 22.58|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||293.47|
|Earnings Date||Jan 20, 2021 - Jan 25, 2021|
|Forward Dividend & Yield||1.05 (7.30%)|
|Ex-Dividend Date||Oct 30, 2020|
|1y Target Est||16.67|
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Due to its still-punished share price, ExxonMobil now offers one of the highest dividend yields the company ever has at a whopping 9.4%. Although ExxonMobil did better in the third quarter than it did in the second, it's hard to ignore that the company lost $2.37 billion in the first nine months of 2020. Kinder Morgan reported a loss of $488 million during the first three quarters of the year, but an adjusted profit of $1.41 billion, just 10% less than in the same period of 2019.
On Wednesday, shares of Kinder Morgan (NYSE: KMI) saw unusual options activity. After the option alert, the stock price moved down to $14.91. * Sentiment: BEARISH * Option Type: TRADE * Trade Type: CALL * Expiration Date: 2022-01-21 * Strike Price: $15.00 * Volume: 808 * Open Interest: 11752Three Indications Of Unusual Options Activity Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists both a buyer and seller for it.Another sign of unusual activity is the trading of a contract with an expiration date in the distant future. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the underlying asset.Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin.Understanding Sentiment Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price.Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity.Using These Options Strategies Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Click here for options trades from Benzinga * Price Over Earnings Overview: Cisco Systems * Understanding Norwegian Cruise Line's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.