Codexis Stock Options

CDXS Stock  USD 5.43  0.43  8.60%   
Codexis' latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 3.84. The Codexis option chain provides detailed quote and price information for the current Codexis option contracts. It shows all of Codexis' listed puts, calls, expiration dates, strike prices, and other pricing information.

In The Money vs. Out of Money Option Contracts on Codexis

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

Codexis In The Money Call Balance

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

Codexis Current Options Market Mood

Codexis' 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 Codexis 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

Unfortunately, most Codexis' options investors are not very successful. Codexis' 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 Codexis contract

Base on the Rule 16, the options market is currently suggesting that Codexis will have an average daily up or down price movement of about 0.24% per day over the life of the 2025-01-17 option contract. With Codexis trading at USD 5.43, that is roughly USD 0.013. If you think that the market is fully incorporating Codexis' daily price movement you should consider buying Codexis options at the current volatility level of 3.84%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Codexis 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" Codexis calls. Remember, the seller must deliver Codexis stock to the call owner when a call is exercised.

Codexis Option Chain

When Codexis' strike price is surpassing the current stock price, the option contract against Codexis 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.
Codexis' option chain is a display of a range of information that helps investors for ways to trade options on Codexis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Codexis. It also shows strike prices and maturity days for a Codexis 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
CDXS250117C0000250002.50.0 - 4.84.8In
Call
CDXS250117C0000500005.00.0 - 4.84.8Out
Call
CDXS250117C0000750007.50.0 - 4.84.8Out
Call
CDXS250117C00010000010.00.0 - 1.01.0Out
 Put
CDXS250117P0000250002.50.0 - 3.73.7Out
 Put
CDXS250117P0000500005.00.0 - 4.84.8In
 Put
CDXS250117P0000750007.51.0 - 5.91.0In
 Put
CDXS250117P00010000010.03.6 - 5.43.6In

Codexis Total Stockholder Equity

Total Stockholder Equity

56.1 Million

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

Codexis Corporate Management

Additional Tools for Codexis Stock Analysis

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