Boyd Gaming Stock Options
| BYD Stock | USD 72.92 1.09 1.52% |
Boyd Gaming's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.34 with a put-to-call open interest ratio of 3.88 over 28 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on January 17th 2025. The total put volume is at 1.0, with calls trading at the volume of 4.0. This yields a 0.25 put-to-call volume ratio.
Open Interest Against January 17th 2025 Option Contracts
2025-01-17
The chart above shows Boyd Gaming'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. Boyd Gaming's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Boyd Gaming's option, there is no secondary market available for investors to trade.
Boyd Gaming Maximum Pain Price Across 2025-01-17 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Boyd Gaming close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Boyd Gaming'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 Boyd Gaming
Analyzing Boyd Gaming's in-the-money options over time can help investors to take a profitable long position in Boyd Gaming regardless of its overall volatility. This is especially true when Boyd Gaming's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Boyd Gaming's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Boyd Gaming's stock while costing only a fraction of its price.
Boyd Gaming's stock options are financial instruments that give investors the right to buy or sell shares of Boyd Gaming common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Boyd stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Boyd Gaming's stock price goes up or down, the stock options follow.
At present, Boyd Gaming's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. Boyd Current Options Market Mood
Boyd Gaming'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 Boyd 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 Boyd Gaming'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. Boyd Gaming'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 Boyd contract
Base on the Rule 16, the options market is currently suggesting that Boyd Gaming will have an average daily up or down price movement of about 0.0213% per day over the life of the 2025-01-17 option contract. With Boyd Gaming trading at USD 72.92, that is roughly USD 0.0155. If you think that the market is fully incorporating Boyd Gaming's daily price movement you should consider buying Boyd Gaming options at the current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Boyd Gaming 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" Boyd calls. Remember, the seller must deliver Boyd Gaming stock to the call owner when a call is exercised.
Boyd Gaming Option Chain
When Boyd Gaming's strike price is surpassing the current stock price, the option contract against Boyd Gaming 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.
Boyd Gaming's option chain is a display of a range of information that helps investors for ways to trade options on Boyd. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Boyd. It also shows strike prices and maturity days for a Boyd Gaming 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 Int | Strike Price | Current Spread | Last Price | |||
Call | BYD250117C00025000 | 1 | 25.0 | 34.0 - 38.5 | 34.0 | Out |
Call | BYD250117C00030000 | 2 | 30.0 | 29.5 - 34.0 | 29.5 | Out |
Call | BYD250117C00035000 | 0 | 35.0 | 26.2 - 29.2 | 26.2 | |
Call | BYD250117C00040000 | 1 | 40.0 | 21.5 - 25.2 | 21.5 | Out |
Call | BYD250117C00045000 | 6 | 45.0 | 17.9 - 19.9 | 17.9 | Out |
Call | BYD250117C00050000 | 4 | 50.0 | 13.6 - 18.5 | 13.6 | Out |
Call | BYD250117C00055000 | 4 | 55.0 | 11.8 - 13.9 | 11.8 | Out |
Call | BYD250117C00060000 | 30 | 60.0 | 9.4 - 9.8 | 10.03 | Out |
Call | BYD250117C00065000 | 9 | 65.0 | 6.0 - 7.3 | 6.0 | Out |
Call | BYD250117C00070000 | 229 | 70.0 | 5.0 - 5.4 | 5.0 | Out |
Call | BYD250117C00075000 | 770 | 75.0 | 3.5 - 3.9 | 3.5 | Out |
Call | BYD250117C00080000 | 1128 | 80.0 | 1.95 - 2.7 | 2.57 | Out |
Call | BYD250117C00085000 | 280 | 85.0 | 0.55 - 4.0 | 0.55 | Out |
Call | BYD250117C00090000 | 170 | 90.0 | 0.65 - 3.0 | 0.65 | Out |
Call | BYD250117C00095000 | 36 | 95.0 | 0.05 - 2.85 | 0.05 | Out |
Call | BYD250117C00100000 | 97 | 100.0 | 0.05 - 1.15 | 0.05 | Out |
Put | BYD250117P00025000 | 300 | 25.0 | 0.2 - 1.5 | 0.2 | Out |
Put | BYD250117P00030000 | 6750 | 30.0 | 0.4 - 0.75 | 0.4 | Out |
Put | BYD250117P00035000 | 1 | 35.0 | 0.2 - 2.55 | 0.2 | Out |
Put | BYD250117P00040000 | 251 | 40.0 | 0.95 - 2.45 | 0.95 | Out |
Put | BYD250117P00045000 | 483 | 45.0 | 2.2 - 2.4 | 2.2 | Out |
Put | BYD250117P00050000 | 2222 | 50.0 | 2.05 - 3.5 | 2.05 | Out |
Put | BYD250117P00055000 | 417 | 55.0 | 4.6 - 4.9 | 4.6 | Out |
Put | BYD250117P00060000 | 40 | 60.0 | 6.4 - 6.7 | 6.4 | Out |
Put | BYD250117P00065000 | 238 | 65.0 | 8.9 - 9.2 | 9.32 | Out |
Put | BYD250117P00070000 | 0 | 70.0 | 11.7 - 13.8 | 11.7 | |
Put | BYD250117P00075000 | 32 | 75.0 | 15.0 - 16.3 | 15.0 | Out |
Put | BYD250117P00080000 | 8 | 80.0 | 19.3 - 22.1 | 19.3 | Out |
Boyd Gaming Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Boyd Gaming Market Cap Over Time
Market Cap |
| Timeline |
Boyd Total Stockholder Equity
Total Stockholder Equity |
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Boyd Gaming Corporate Directors
| Veronica Wilson | Independent Director | Profile | |
| Peter Thomas | Presiding Independent Director | Profile | |
| Robert Boughner | Chief Bus. Devel. Officer, Executive VP and Director | Profile | |
| Christine Spadafor | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boyd Gaming. If investors know Boyd will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boyd Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.065 | Dividend Share 0.67 | Earnings Share 5.26 | Revenue Per Share | Quarterly Revenue Growth 0.064 |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.