0.00Open0.38Pre Close0 Volume10 Open Interest70.00Strike Price0.00Turnover63.78%IV21.98%PremiumSep 20, 2024Expiry Date0.00Intrinsic Value100Multiplier24DDays to Expiry0.38Extrinsic Value100Contract SizeAmericanOptions Type-0.0571Delta0.0078Gamma234.82Leverage Ratio-0.0336Theta-0.0032Rho-13.40Eff Leverage0.0262Vega
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