Goodyear Tire Stock Options
| GT Stock | USD 8.83 0.08 0.91% |
Goodyear Tire's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 2.39 over 22 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on January 17th 2025.
Open Interest Against January 17th 2025 Option Contracts
Goodyear Tire option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Goodyear Tire's lending market. For example, when Goodyear Tire's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Goodyear Tire, he or she must hedge the risk by shorting Goodyear Tire stock over its option's life.
2025-01-17
The chart above shows Goodyear Tire'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. Goodyear Tire's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Goodyear Tire's option, there is no secondary market available for investors to trade.
Goodyear Tire Maximum Pain Price Across 2025-01-17 Option Contracts
Max pain occurs when Goodyear Tire's market makers reach a net positive position across all Goodyear Tire's options at a strike price where option holders stand to lose the most money. By contrast, Goodyear Tire'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 Goodyear Tire
Analyzing Goodyear Tire's in-the-money options over time can help investors to take a profitable long position in Goodyear Tire regardless of its overall volatility. This is especially true when Goodyear Tire's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Goodyear Tire's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Goodyear Tire's stock while costing only a fraction of its price.
Goodyear Current Options Market Mood
Goodyear Tire'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 Goodyear 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 Goodyear Tire'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. Goodyear Tire'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 Goodyear contract
Base on the Rule 16, the options market is currently suggesting that Goodyear Tire Rubber will have an average daily up or down price movement of about 0.0288% per day over the life of the 2025-01-17 option contract. With Goodyear Tire trading at USD 8.83, that is roughly USD 0.002539. If you think that the market is fully incorporating Goodyear Tire's daily price movement you should consider buying Goodyear Tire Rubber options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Goodyear |
Purchasing Goodyear Tire 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" Goodyear calls. Remember, the seller must deliver Goodyear Tire Rubber stock to the call owner when a call is exercised.
Goodyear Tire Option Chain
When Goodyear Tire's strike price is surpassing the current stock price, the option contract against Goodyear Tire Rubber 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.
Goodyear Tire's option chain is a display of a range of information that helps investors for ways to trade options on Goodyear. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Goodyear. It also shows strike prices and maturity days for a Goodyear Tire 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 | GT250117C00003000 | 74 | 3.0 | 9.4 - 9.9 | 9.4 | Out |
Call | GT250117C00005000 | 313 | 5.0 | 7.8 - 8.1 | 7.8 | Out |
Call | GT250117C00008000 | 339 | 8.0 | 5.4 - 5.7 | 5.4 | Out |
Call | GT250117C00010000 | 714 | 10.0 | 4.1 - 4.3 | 4.2 | Out |
Call | GT250117C00012000 | 786 | 12.0 | 3.0 - 3.2 | 3.03 | Out |
Call | GT250117C00015000 | 2231 | 15.0 | 1.85 - 2.0 | 1.85 | Out |
Call | GT250117C00017000 | 1256 | 17.0 | 1.3 - 1.45 | 1.3 | Out |
Call | GT250117C00020000 | 1355 | 20.0 | 0.75 - 0.85 | 0.75 | Out |
Call | GT250117C00022000 | 932 | 22.0 | 0.5 - 0.65 | 0.56 | Out |
Call | GT250117C00025000 | 394 | 25.0 | 0.3 - 0.4 | 0.3 | Out |
Call | GT250117C00027000 | 58 | 27.0 | 0.2 - 0.3 | 0.2 | Out |
Call | GT250117C00030000 | 44 | 30.0 | 0.1 - 0.2 | 0.1 | Out |
Put | GT250117P00003000 | 1045 | 3.0 | 0.0 - 0.75 | 0.75 | Out |
Put | GT250117P00005000 | 1971 | 5.0 | 0.0 - 0.75 | 0.75 | Out |
Put | GT250117P00008000 | 583 | 8.0 | 0.4 - 0.55 | 0.4 | Out |
Put | GT250117P00010000 | 10425 | 10.0 | 0.95 - 1.1 | 0.95 | Out |
Put | GT250117P00012000 | 5125 | 12.0 | 1.8 - 1.95 | 1.8 | Out |
Put | GT250117P00015000 | 878 | 15.0 | 3.5 - 3.7 | 3.5 | Out |
Put | GT250117P00017000 | 131 | 17.0 | 4.9 - 5.1 | 4.9 | Out |
Put | GT250117P00020000 | 123 | 20.0 | 7.4 - 7.6 | 7.4 | Out |
Put | GT250117P00022000 | 0 | 22.0 | 9.3 - 9.6 | 9.3 | |
Put | GT250117P00025000 | 0 | 25.0 | 11.9 - 14.6 | 11.9 |
Goodyear Total Stockholder Equity
Total Stockholder Equity |
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Goodyear Tire Corporate Executives
Elected by the shareholders, the Goodyear Tire's board of directors comprises two types of representatives: Goodyear Tire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodyear. The board's role is to monitor Goodyear Tire's management team and ensure that shareholders' interests are well served. Goodyear Tire's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goodyear Tire's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christina Zamarro | Executive CFO | Profile |
Additional Tools for Goodyear Stock Analysis
When running Goodyear Tire's price analysis, check to measure Goodyear Tire'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 Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.