GFS Option Call 20-12-2024 60 Option on Globalfoundries
GFS Stock | USD 44.20 0.84 1.87% |
GFS Option Call 20-12-2024 60 is a CALL option contract on Globalfoundries' common stock with a strick price of 60.0 expiring on 2024-12-20. The contract was last traded on 2024-11-07 at 12:31:41 for $0.15 and, as of today, has 9 days remaining before the expiration. The option is currently trading at an ask price of $0.2. The implied volatility as of the 11th of December 2024 is 9.0.
Globalfoundries |
Call options on Globalfoundries give the investor right to buy Globalfoundries Stock at a specified price within a specific period. If Globalfoundries' price is above the strike price at expiry, the profit is the current Globalfoundries' stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Globalfoundries will have an average daily up or down price movement of about 0.0618% per day over the life of the option. With Globalfoundries trading at USD 44.2, that is roughly USD 0.0273. If you think that the market is fully understating Globalfoundries' daily price movement you should consider buying Globalfoundries options at that current volatility level of 0.99%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Globalfoundries
An 'Out of The Money' option on Globalfoundries has a strike price that Globalfoundries Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Globalfoundries' 'Out of The Money' options include buying the options if you expect a big move in Globalfoundries' stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | GFS Option Call 20-12-2024 60 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-11-07 12:31:41 |
Open Interest | 3 |
Current Trading Volume | 1.0 |
Strike Price | 60.0 |
Last Traded At | 0.15 |
Current Price Spread | 0.0 | 0.2 |
Rule 16 Daily Up or Down | USD 0.0273 |
Globalfoundries long CALL Option Payoff at expiration
Buying Globalfoundries' call option is the simplest of option trades. A call option on Globalfoundries Stock gives investors the right (but not the obligation) to purchase Globalfoundries at the given strike price. Therefore Globalfoundries' call intrinsic value or payoff at expiration depends on where the Globalfoundries Stock price is relative to the call option strike price. The strike price of 60.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Globalfoundries' price. Finally, at the break-even point of 60.0, the line crosses zero, and trading Globalfoundries becomes profitable.
Profit |
Globalfoundries Price At Expiration |
Globalfoundries short CALL Option Payoff at expiration
By selling Globalfoundries' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Globalfoundries will generally make money when the underlying price goes down. Therefore Globalfoundries' call intrinsic value or payoff at expiration depends on where the Globalfoundries Stock price is relative to the call option strike price. The strike price of 60.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Globalfoundries' price. Finally, at the break-even point of 60.0, the line crosses zero, and trading Globalfoundries becomes disadvantageous with no downside limits.
Profit |
Globalfoundries Price At Expiration |
Globalfoundries Available Call Options
Globalfoundries' option chain is a display of a range of information that helps investors for ways to trade options on Globalfoundries. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Globalfoundries. It also shows strike prices and maturity days for a Globalfoundries 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 | Expiration | Current Spread | Last Price | |||
Call | GFS Option Call 20-12-2024 22 | 0 | 2024-12-20 | 21.0 - 23.9 | 18.0 | In |
Call | GFS Option Call 20-12-2024 25 | 0 | 2024-12-20 | 18.4 - 21.4 | 15.0 | In |
Call | GFS Option Call 20-12-2024 30 | 0 | 2024-12-20 | 13.5 - 16.7 | 8.0 | In |
Call | GFS Option Call 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.85 | In |
Call | GFS Option Call 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 5.58 | In |
Call | GFS Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.9 | |
Call | GFS Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.11 | |
Call | GFS Option Call 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.07 | |
Call | GFS Option Call 20-12-2024 60 | 3 | 2024-12-20 | 0.0 - 0.2 | 0.15 | Out |
Globalfoundries Corporate Management
Brad Clay | Chief Officer | Profile | |
Thomas Weber | VP Chain | Profile | |
Laurie Kelly | Chief Officer | Profile | |
David Reeder | CFO Fin | Profile | |
Nancy Kelly | Chief Officer | Profile | |
Kay Ang | Chief Officer | Profile | |
Pradheepa Raman | Chief Officer | Profile |
Additional Tools for Globalfoundries Stock Analysis
When running Globalfoundries' price analysis, check to measure Globalfoundries' 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 Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.