BALY250117P00012500 Option on Ballys Corp

An 'Out of The Money' option on Ballys has a strike price that Ballys Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Ballys Corp's 'Out of The Money' options include buying the options if you expect a big move in Ballys Corp's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.

Ballys Corp's Option Greeks for the contract ending on 2025-01-17 at a strike price of 12.5 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 Ballys Corp's option greeks, its implied volatility helps estimate the risk of Ballys Corp stock implied by the prices of the options on Ballys Corp's stock.

Put options written on Ballys Corp grant holders of the option the right to sell a specified amount of Ballys Corp 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 Ballys Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Ballys Corp is like buying insurance aginst Ballys Corp's downside shift.

By selling Ballys Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Ballys Corp will generally make money when the underlying price is above the strike price. Therefore Ballys Corp's put payoff at expiration depends on where the Ballys Stock price is relative to the put option strike price. The breakeven price of 9.83 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 Ballys Corp's price. Finally, at the strike price of 12.5, the payoff chart is constant and positive.

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.

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.