Tenaris SA Stock Options

TS Stock  USD 33.45  0.36  1.06%   
Tenaris SA's latest option contracts expiring on July 18th 2025 are carrying combined implied volatility of 0.53 with a put-to-call open interest ratio of 4.66 over 20 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on July 18th 2025. The total put volume is at 5.0, with calls trading at the volume of 16.0. This yields a 0.31 put-to-call volume ratio.

Open Interest Against July 18th 2025 Option Contracts

Tenaris SA 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 Tenaris SA's lending market. For example, when Tenaris SA'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 Tenaris SA, he or she must hedge the risk by shorting Tenaris SA stock over its option's life.
The chart above shows Tenaris SA'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. Tenaris SA's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Tenaris SA's option, there is no secondary market available for investors to trade.

Tenaris SA Maximum Pain Price Across 2025-07-18 Option Contracts

Max pain occurs when Tenaris SA's market makers reach a net positive position across all Tenaris SA's options at a strike price where option holders stand to lose the most money. By contrast, Tenaris SA's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Tenaris SA

Analyzing Tenaris SA's in-the-money options over time can help investors to take a profitable long position in Tenaris SA regardless of its overall volatility. This is especially true when Tenaris SA's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Tenaris SA's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Tenaris SA's stock while costing only a fraction of its price.

Tenaris SA ADR In The Money Call Balance

When Tenaris SA's strike price is surpassing the current stock price, the option contract against Tenaris SA ADR stock is said to be in the money. When it comes to buying Tenaris SA'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 Tenaris SA ADR 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.

Tenaris Current Options Market Mood

Tenaris SA'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 Tenaris 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

Most options investors, including buyers and sellers of Tenaris SA's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Tenaris SA'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 Tenaris contract

Base on the Rule 16, the options market is currently suggesting that Tenaris SA ADR will have an average daily up or down price movement of about 0.0331% per day over the life of the 2025-07-18 option contract. With Tenaris SA trading at USD 33.45, that is roughly USD 0.0111. If you think that the market is fully incorporating Tenaris SA's daily price movement you should consider buying Tenaris SA ADR options at the current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Tenaris SA 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" Tenaris calls. Remember, the seller must deliver Tenaris SA ADR stock to the call owner when a call is exercised.

Tenaris SA Option Chain

When Tenaris SA's strike price is surpassing the current stock price, the option contract against Tenaris SA ADR 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.
Tenaris SA's option chain is a display of a range of information that helps investors for ways to trade options on Tenaris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tenaris. It also shows strike prices and maturity days for a Tenaris SA 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 IntStrike PriceCurrent SpreadLast Price
Call
TS250718C00050000050.00.0 - 1.31.3Out
Call
TS250718C00047500047.50.0 - 1.31.3Out
Call
TS250718C00045000045.00.0 - 1.351.35Out
Call
TS250718C00042500042.50.0 - 1.01.0Out
Call
TS250718C00040000040.00.0 - 0.20.2Out
Call
TS250718C00037500137.50.25 - 0.350.3Out
Call
TS250718C000350001635.00.6 - 0.90.83Out
Call
TS250718C000325009032.52.0 - 2.21.7In
Call
TS250718C00030000030.03.9 - 4.33.9In
Call
TS250718C00027500027.55.1 - 6.95.1In
 Put
TS250718P00050000050.015.3 - 17.915.3In
 Put
TS250718P00047500047.512.8 - 15.412.8In
 Put
TS250718P00045000045.010.6 - 12.710.6In
 Put
TS250718P00042500042.57.8 - 10.37.8In
 Put
TS250718P00040000040.06.1 - 7.96.1In
 Put
TS250718P00037500037.53.8 - 4.43.8In
 Put
TS250718P00035000035.02.05 - 2.252.05In
 Put
TS250718P0003250019832.50.85 - 0.950.9Out
 Put
TS250718P0003000030130.00.25 - 0.450.37Out
 Put
TS250718P00027500027.50.05 - 0.250.05Out

Tenaris SA Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Tenaris SA Market Cap Over Time

   Market Cap   
       Timeline  

Tenaris Total Stockholder Equity

Total Stockholder Equity

9.97 Billion

At this time, Tenaris SA's Total Stockholder Equity is comparatively stable compared to the past year.

Tenaris SA Corporate Directors

Yves SpeeckaertIndependent DirectorProfile
Monica TiubaIndependent DirectorProfile
Roberto BonattiDirectorProfile
Giovanni SardagnaDirector of Invester RelationsProfile

Additional Tools for Tenaris Stock Analysis

When running Tenaris SA's price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.