International Game Stock Options
IGT Stock | USD 17.07 0.02 0.12% |
International Game's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.85 with a put-to-call open interest ratio of 2.0 over 22 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on June 20th 2025.
Open Interest Against June 20th 2025 Option Contracts
International Game 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 International Game's lending market. For example, when International Game'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 International Game, he or she must hedge the risk by shorting International Game stock over its option's life.
2025-06-20
The chart above shows International Game'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. International Game's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for International Game's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on International Game
Analyzing International Game's in-the-money options over time can help investors to take a profitable long position in International Game regardless of its overall volatility. This is especially true when International Game's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money International Game's options could be used as guardians of the underlying stock as they move almost dollar for dollar with International Game's stock while costing only a fraction of its price.
International Current Options Market Mood
International Game'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 International 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
Unfortunately, most International Game's options investors are not very successful. International Game'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 International contract
Base on the Rule 16, the options market is currently suggesting that International Game Technology will have an average daily up or down price movement of about 0.0531% per day over the life of the 2025-06-20 option contract. With International Game trading at USD 17.07, that is roughly USD 0.009068. If you think that the market is fully incorporating International Game's daily price movement you should consider buying International Game Technology options at the current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
International |
Purchasing International Game 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" International calls. Remember, the seller must deliver International Game Technology stock to the call owner when a call is exercised.
International Game Option Chain
When International Game's strike price is surpassing the current stock price, the option contract against International Game Technology 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.
International Game's option chain is a display of a range of information that helps investors for ways to trade options on International. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for International. It also shows strike prices and maturity days for a International Game 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 | IGT250620C00033000 | 0 | 33.0 | 0.0 - 1.8 | 1.8 | |
Call | IGT250620C00032000 | 0 | 32.0 | 0.0 - 0.75 | 0.75 | |
Call | IGT250620C00031000 | 0 | 31.0 | 0.0 - 0.75 | 0.75 | |
Call | IGT250620C00030000 | 0 | 30.0 | 0.0 - 0.75 | 0.75 | |
Call | IGT250620C00029000 | 0 | 29.0 | 0.0 - 0.75 | 0.75 | |
Call | IGT250620C00028000 | 0 | 28.0 | 0.0 - 0.75 | 0.75 | |
Call | IGT250620C00027000 | 0 | 27.0 | 0.0 - 0.75 | 0.75 | |
Call | IGT250620C00026000 | 0 | 26.0 | 0.0 - 1.75 | 1.75 | |
Call | IGT250620C00025000 | 0 | 25.0 | 0.0 - 0.65 | 0.65 | |
Call | IGT250620C00024000 | 0 | 24.0 | 0.0 - 1.2 | 1.2 | |
Call | IGT250620C00022000 | 1 | 22.0 | 0.2 - 0.35 | 0.3 | Out |
Put | IGT250620P00033000 | 0 | 33.0 | 15.5 - 17.8 | 15.5 | In |
Put | IGT250620P00032000 | 0 | 32.0 | 14.4 - 17.1 | 14.4 | In |
Put | IGT250620P00031000 | 0 | 31.0 | 13.4 - 16.1 | 13.4 | In |
Put | IGT250620P00030000 | 0 | 30.0 | 12.8 - 15.1 | 12.8 | In |
Put | IGT250620P00029000 | 0 | 29.0 | 11.6 - 12.7 | 11.6 | In |
Put | IGT250620P00028000 | 0 | 28.0 | 9.2 - 13.1 | 9.2 | In |
Put | IGT250620P00027000 | 0 | 27.0 | 9.6 - 11.6 | 9.6 | In |
Put | IGT250620P00026000 | 0 | 26.0 | 8.4 - 11.1 | 8.4 | In |
Put | IGT250620P00025000 | 0 | 25.0 | 7.5 - 10.1 | 7.5 | In |
Put | IGT250620P00024000 | 0 | 24.0 | 6.6 - 8.8 | 6.6 | In |
Put | IGT250620P00016000 | 2 | 16.0 | 0.85 - 1.1 | 1.05 | Out |
International Total Stockholder Equity
Total Stockholder Equity |
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International Game Corporate Directors
Gianmario Ruos | Non-Executive Independent Director | Profile | |
Vincent Sadusky | Non-Executive Independent Director | Profile | |
Heather McGregor | Non-Executive Independent Director | Profile | |
Alberto Dessy | Non-Executive Independent Director | Profile |
Additional Tools for International Stock Analysis
When running International Game's price analysis, check to measure International Game'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 International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.