BALY250117C00030000 Option on Ballys Corp

BALY Stock  USD 18.08  0.02  0.11%   
Ballys Corp's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 1.28. The Ballys Corp option chain provides detailed quote and price information for the current Ballys Corp option contracts. It shows all of Ballys Corp's listed puts, calls, expiration dates, strike prices, and other pricing information.

In The Money vs. Out of Money Option Contracts on Ballys Corp

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

Ballys Corp In The Money Call Balance

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

Ballys Current Options Market Mood

Ballys Corp'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 Ballys 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 Volume

Most options investors, including buyers and sellers of Ballys Corp'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. Ballys Corp'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 Ballys contract

Base on the Rule 16, the options market is currently suggesting that Ballys Corp will have an average daily up or down price movement of about 0.08% per day over the life of the 2025-03-21 option contract. With Ballys Corp trading at USD 18.08, that is roughly USD 0.0145. If you think that the market is fully incorporating Ballys Corp's daily price movement you should consider buying Ballys Corp options at the current volatility level of 1.28%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Ballys Corp 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" Ballys calls. Remember, the seller must deliver Ballys Corp stock to the call owner when a call is exercised.

Ballys Corp Option Chain

When Ballys Corp's strike price is surpassing the current stock price, the option contract against Ballys Corp 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.
Ballys Corp's option chain is a display of a range of information that helps investors for ways to trade options on Ballys. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ballys. It also shows strike prices and maturity days for a Ballys Corp 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
BALY250321C0000750007.59.9 - 13.09.9In
Call
BALY250321C00010000010.07.4 - 10.57.4In
Call
BALY250321C00012500012.55.0 - 8.05.0In
Call
BALY250321C00015000015.02.6 - 5.52.6In
Call
BALY250321C00017500017.50.0 - 0.950.95In
Call
BALY250321C00020000020.00.0 - 2.152.15Out
Call
BALY250321C00022500022.50.0 - 2.152.15Out
Call
BALY250321C00025000025.00.0 - 2.152.15Out
Call
BALY250321C00030000030.00.0 - 2.152.15Out
Call
BALY250321C00035000035.00.0 - 2.152.15Out
 Put
BALY250321P0000750007.50.0 - 4.84.8Out
 Put
BALY250321P00010000010.00.0 - 0.10.1Out
 Put
BALY250321P00012500012.50.0 - 4.84.8Out
 Put
BALY250321P00015000015.00.0 - 4.84.8Out
 Put
BALY250321P00017500017.50.0 - 4.84.8Out
 Put
BALY250321P00020000020.01.55 - 5.01.55In
 Put
BALY250321P00022500022.53.8 - 7.03.8In
 Put
BALY250321P00025000025.06.2 - 9.56.2In
 Put
BALY250321P00030000030.010.7 - 14.510.7In
 Put
BALY250321P00035000035.015.7 - 19.515.7In

Ballys Corp Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Ballys Corp Market Cap Over Time

   Market Cap   
       Timeline  

Ballys Total Stockholder Equity

Total Stockholder Equity

575.07 Million

At this time, Ballys Corp's Total Stockholder Equity is fairly stable compared to the past year.

Ballys Corp Corporate Management

Charles DiaoSenior TreasurerProfile
Soohyung KimIndependent Chairman of the BoardProfile
Kimberly LeeExecutive OfficerProfile
Jim RyanDirectorProfile

Additional Tools for Ballys Stock Analysis

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