2024-09-20 PUT at $170.0 Option on Godaddy
GDDY Stock | USD 153.90 3.60 2.40% |
2024-09-20 PUT at $170.0 is a PUT option contract on Godaddy's common stock with a strick price of 170.0 expiring on 2024-09-20. The contract was not traded in recent days and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $15.8, and an ask price of $18.2. The implied volatility as of the 18th of September 2024 is 98.08.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Godaddy |
A put option written on Godaddy becomes more valuable as the price of Godaddy drops. Conversely, Godaddy's put option loses its value as Godaddy Stock rises. When exercised, put options on Godaddy produce a short position in Godaddy Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Godaddy's downside price movement.
Rule 16 of 2024-09-20 Option Contract
The options market is anticipating that Godaddy will have an average daily up or down price movement of about 6.13% per day over the life of the option. With Godaddy trading at USD 153.9, that is roughly USD 9.43. If you think that the market is fully understating Godaddy's daily price movement you should consider buying Godaddy options at that current volatility level of 98.08%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Godaddy
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Godaddy positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Godaddy Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | 2024-09-20 PUT at $170.0 |
Expires On | 2024-09-20 |
Days Before Expriration | 2 |
Last Traded On | 0000-00-00 00:00:00 |
Contract Period | MONTHLY |
Open Interest | 0 |
Current Trading Volume | 0.0 |
Strike Price | 170.0 |
Last Traded At | 0.0 |
Current Price Spread | 15.8 | 18.2 |
Rule 16 Daily Up or Down | USD9.43 |
Godaddy short PUT Option Greeks
Godaddy's Option Greeks for the contract ending on 2024-09-20 at a strike price of 170.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Godaddy's option greeks, its implied volatility helps estimate the risk of Godaddy stock implied by the prices of the options on Godaddy's stock.
Delta | -0.8587 | |
Gamma | 0.0164 | |
Theta | -0.4946 | |
Vega | 0.0312 | |
Rho | -0.009 |
Godaddy long PUT Option Payoff at expiration
Put options written on Godaddy grant holders of the option the right to sell a specified amount of Godaddy at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Godaddy Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Godaddy is like buying insurance aginst Godaddy's downside shift.
Profit |
Godaddy Price At Expiration |
Godaddy short PUT Option Payoff at expiration
By selling Godaddy's put option, the investors signal their bearish sentiment. A short position in a put option written on Godaddy will generally make money when the underlying price is above the strike price. Therefore Godaddy's put payoff at expiration depends on where the Godaddy Stock price is relative to the put option strike price. The breakeven price of 153.0 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Godaddy's price. Finally, at the strike price of 170.0, the payoff chart is constant and positive.
Profit |
Godaddy Price At Expiration |
Godaddy Available Put Options
Godaddy's option chain is a display of a range of information that helps investors for ways to trade options on Godaddy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Godaddy. It also shows strike prices and maturity days for a Godaddy 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.
Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-09-20 PUT at $143.0 | -0.0443 | 0.0138 | 0 | 2024-09-20 | 0.05 - 0.2 | 0.0 | Out |
Put | 2024-09-20 PUT at $144.0 | -0.1378 | 0.0226 | 0 | 2024-09-20 | 0.05 - 1.35 | 0.0 | Out |
Put | 2024-09-20 PUT at $145.0 | -0.0513 | 0.0184 | 212 | 2024-09-20 | 0.05 - 0.2 | 0.38 | Out |
Put | 2024-09-20 PUT at $146.0 | -0.0697 | 0.0239 | 6 | 2024-09-20 | 0.1 - 0.25 | 0.32 | Out |
Put | 2024-09-20 PUT at $147.0 | -0.0893 | 0.0301 | 2 | 2024-09-20 | 0.15 - 0.3 | 0.44 | Out |
Put | 2024-09-20 PUT at $148.0 | -0.1111 | 0.0375 | 2 | 2024-09-20 | 0.2 - 0.35 | 0.6 | Out |
Put | 2024-09-20 PUT at $150.0 | -0.1867 | 0.0586 | 260 | 2024-09-20 | 0.35 - 0.6 | 0.65 | Out |
Put | 2024-09-20 PUT at $152.5 | -0.3596 | 0.0885 | 20 | 2024-09-20 | 0.9 - 1.2 | 1.6 | Out |
Put | 2024-09-20 PUT at $155.0 | -0.5986 | 0.0972 | 92 | 2024-09-20 | 2.0 - 2.35 | 2.53 | In |
Put | 2024-09-20 PUT at $157.5 | -0.8022 | 0.0685 | 26 | 2024-09-20 | 3.8 - 4.2 | 4.5 | In |
Put | 2024-09-20 PUT at $160.0 | -0.8687 | 0.0445 | 43 | 2024-09-20 | 5.3 - 6.4 | 8.0 | In |
Put | 2024-09-20 PUT at $162.5 | -0.9018 | 0.0274 | 18 | 2024-09-20 | 7.9 - 9.8 | 10.8 | In |
Put | 2024-09-20 PUT at $165.0 | -0.9156 | 0.0231 | 21 | 2024-09-20 | 10.4 - 12.3 | 12.1 | In |
Put | 2024-09-20 PUT at $167.5 | -0.8886 | 0.0184 | 0 | 2024-09-20 | 12.4 - 15.8 | 6.62 | In |
Put | 2024-09-20 PUT at $170.0 | -0.8587 | 0.0164 | 0 | 2024-09-20 | 15.8 - 18.2 | 0.0 | In |
Put | 2024-09-20 PUT at $172.5 | -0.8646 | 0.0143 | 0 | 2024-09-20 | 18.3 - 20.8 | 0.0 | In |
Put | 2024-09-20 PUT at $175.0 | -0.8769 | 0.0132 | 0 | 2024-09-20 | 20.8 - 23.2 | 0.0 | In |
Put | 2024-09-20 PUT at $177.5 | -0.8801 | 0.0113 | 0 | 2024-09-20 | 23.3 - 25.8 | 0.0 | In |
Put | 2024-09-20 PUT at $180.0 | -0.9497 | 0.0073 | 0 | 2024-09-20 | 25.1 - 27.6 | 0.0 | In |
Put | 2024-09-20 PUT at $182.5 | -0.9734 | 0.0047 | 0 | 2024-09-20 | 27.3 - 30.1 | 0.0 | In |
Put | 2024-09-20 PUT at $185.0 | -0.9991 | 0.1207 | 0 | 2024-09-20 | 29.6 - 32.6 | 0.0 | In |
Put | 2024-09-20 PUT at $187.5 | -0.8738 | 0.0084 | 0 | 2024-09-20 | 32.1 - 35.0 | 0.0 | In |
Put | 2024-09-20 PUT at $190.0 | -0.9645 | 0.0045 | 0 | 2024-09-20 | 34.3 - 38.3 | 0.0 | In |
Put | 2024-09-20 PUT at $195.0 | -0.9992 | 0.1009 | 0 | 2024-09-20 | 39.6 - 42.6 | 0.0 | In |
Put | 2024-09-20 PUT at $200.0 | -0.9642 | 0.0037 | 0 | 2024-09-20 | 44.5 - 48.2 | 0.0 | In |
Put | 2024-09-20 PUT at $210.0 | -0.9639 | 0.0031 | 0 | 2024-09-20 | 55.0 - 57.8 | 0.0 | In |
Godaddy Corporate Directors
Caroline Donahue | Independent Director | Profile | |
Herald Chen | Independent Director | Profile | |
Lee Wittlinger | Independent Director | Profile | |
Brian Sharples | Independent Director | Profile |
Additional Tools for Godaddy Stock Analysis
When running Godaddy's price analysis, check to measure Godaddy'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 Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.