BYD250117P00055000 Option on Boyd Gaming

BYD Stock  USD 67.82  1.58  2.28%   
Boyd Gaming's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.37 with a put-to-call open interest ratio of 0.57 over 36 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 1.0, with calls trading at the volume of 36.0. This yields a 0.03 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

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 2025-06-20 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 Common Stock is projected to increase significantly based on the last few years of reporting.

Boyd Gaming In The Money Call Balance

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 Boyd Gaming'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 Boyd Gaming 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.

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 0.0231% per day over the life of the 2025-06-20 option contract. With Boyd Gaming trading at USD 67.82, that is roughly USD 0.0157. 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 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
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 IntStrike PriceCurrent SpreadLast Price
Call
BYD250620C0010500073105.00.0 - 0.80.05Out
Call
BYD250620C00100000106100.00.0 - 1.350.22Out
Call
BYD250620C000950006595.00.0 - 0.850.6Out
Call
BYD250620C0009000053390.00.05 - 0.150.6Out
Call
BYD250620C000875006287.50.05 - 0.250.35Out
Call
BYD250620C00085000106385.00.25 - 0.350.35Out
Call
BYD250620C0008250012782.50.4 - 0.550.52Out
Call
BYD250620C0008000012280.00.4 - 0.80.78Out
Call
BYD250620C0007750010377.51.05 - 1.151.21Out
Call
BYD250620C0007500033075.01.6 - 1.71.74Out
Call
BYD250620C0007250036872.52.2 - 2.73.3Out
Call
BYD250620C000700002370.03.2 - 3.53.7Out
Call
BYD250620C000675001767.54.5 - 4.85.1Out
Call
BYD250620C000650005065.06.0 - 6.36.0In
Call
BYD250620C00057500157.510.5 - 12.410.95In
Call
BYD250620C00055000355.012.6 - 16.118.4In
Call
BYD250620C000500001050.017.7 - 20.822.85In
 Put
BYD250620P001050000105.035.1 - 39.035.1In
 Put
BYD250620P001000000100.030.2 - 33.530.2In
 Put
BYD250620P00095000095.025.7 - 28.825.7In
 Put
BYD250620P00090000090.020.2 - 23.620.2In
 Put
BYD250620P00087500087.517.6 - 20.817.6In
 Put
BYD250620P00085000485.015.1 - 17.77.4In
 Put
BYD250620P00082500582.513.1 - 14.911.4In
 Put
BYD250620P000800009380.011.5 - 12.56.5In
 Put
BYD250620P000775009677.59.9 - 10.611.1In
 Put
BYD250620P000750006675.07.9 - 8.58.2In
 Put
BYD250620P000725008972.56.3 - 6.67.23In
 Put
BYD250620P0007000037870.04.7 - 5.06.17In
 Put
BYD250620P000675004167.53.4 - 3.74.1Out
 Put
BYD250620P00065000865.02.45 - 2.752.85Out
 Put
BYD250620P000625001762.51.75 - 2.21.95Out
 Put
BYD250620P0006000049760.01.05 - 1.451.2Out
 Put
BYD250620P0005750044157.50.75 - 1.350.6Out
 Put
BYD250620P00055000455.00.45 - 1.250.63Out
 Put
BYD250620P00050000250.00.1 - 1.750.66Out

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

895.94 Million

At present, Boyd Gaming's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

Boyd Gaming Corporate Directors

Veronica WilsonIndependent DirectorProfile
Peter ThomasPresiding Independent DirectorProfile
Robert BoughnerChief Bus. Devel. Officer, Executive VP and DirectorProfile
Christine SpadaforIndependent DirectorProfile
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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
1.042
Dividend Share
0.68
Earnings Share
6.19
Revenue Per Share
42.118
Quarterly Revenue Growth
0.091
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.