SUN250919P00062500 Option on Sunoco LP

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Sunoco LP positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Sunoco Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.

Sunoco LP's Option Greeks for the contract ending on 2025-09-19 at a strike price of 62.5 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Sunoco LP's option greeks, its implied volatility helps estimate the risk of Sunoco LP stock implied by the prices of the options on Sunoco LP's stock.

Put options written on Sunoco LP grant holders of the option the right to sell a specified amount of Sunoco LP at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Sunoco Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sunoco LP is like buying insurance aginst Sunoco LP's downside shift.

By selling Sunoco LP's put option, the investors signal their bearish sentiment. A short position in a put option written on Sunoco LP will generally make money when the underlying price is above the strike price. Therefore Sunoco LP's put payoff at expiration depends on where the Sunoco Stock price is relative to the put option strike price. The breakeven price of 51.35 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Sunoco LP's price. Finally, at the strike price of 62.5, the payoff chart is constant and positive.

Sunoco LP's option chain is a display of a range of information that helps investors for ways to trade options on Sunoco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sunoco. It also shows strike prices and maturity days for a Sunoco LP 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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunoco LP. If investors know Sunoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunoco LP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.