0.81Open0.81Pre Close0 Volume18 Open Interest75.00Strike Price0.00Turnover29.70%IV6.10%PremiumAug 16, 2024Expiry Date0.00Intrinsic Value100Multiplier24DDays to Expiry0.81Extrinsic Value100Contract SizeAmericanOptions Type-0.2237Delta0.0496Gamma97.54Leverage Ratio-0.0351Theta-0.0109Rho-21.82Eff Leverage0.0608Vega
West Fraser Timber Stock Discussion
Building materials have been expensive in the last two years, making trailing P/E not useful for assessing the company.
I remain bullish on the use of timber and wood products in the future.
Model valuation with conservative assumptions yields $81.05 fair value, a 14.7% premium over the current price. $West Fraser Timber(WFG.US)$
• $Funko(FNKO.US)$ : JPMorgan Upgrades to Overweight from Neutral - PT $28 (from $25)
• $Southwest Airlines(LUV.US)$ : Raymond James Upgrades to Strong Buy from Outperform - PT $55 (from $57)
• $MetLife(MET.US)$ : Wolfe Research Upgrades to Outperform from Peerperform
• $MGIC Investment(MTG.US)$ : RBC Capital Upgrades to Outperform from Sector Perform - PT $16 (from $15)
• $Snowflake(SNOW.US)$ : JPMorgan Upgrades to Overweigh...
No comment yet