GFS241220P00025000 Option on Globalfoundries
| GFS Stock | USD 44.20 0.84 1.87% |
Globalfoundries' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.8 with a put-to-call open interest ratio of 12.0 over 15 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 39.0, with calls trading at the volume of 39.0. This yields a 0.95 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Globalfoundries 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 Globalfoundries' lending market. For example, when Globalfoundries' 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 Globalfoundries, he or she must hedge the risk by shorting Globalfoundries stock over its option's life.
2024-12-20
The chart above shows Globalfoundries' 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. Globalfoundries' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Globalfoundries' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Globalfoundries
Analyzing Globalfoundries' in-the-money options over time can help investors to take a profitable long position in Globalfoundries regardless of its overall volatility. This is especially true when Globalfoundries' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Globalfoundries' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Globalfoundries' stock while costing only a fraction of its price.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalfoundries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Globalfoundries In The Money Call Balance
When Globalfoundries' strike price is surpassing the current stock price, the option contract against Globalfoundries stock is said to be in the money. When it comes to buying Globalfoundries' 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 Globalfoundries 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.
Globalfoundries Current Options Market Mood
Globalfoundries' 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 Globalfoundries 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 Globalfoundries' options investors are not very successful. Globalfoundries' 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 Globalfoundries contract
Base on the Rule 16, the options market is currently suggesting that Globalfoundries will have an average daily up or down price movement of about 0.05% per day over the life of the 2024-12-20 option contract. With Globalfoundries trading at USD 44.2, that is roughly USD 0.0221. If you think that the market is fully incorporating Globalfoundries' daily price movement you should consider buying Globalfoundries options at the current volatility level of 0.8%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Globalfoundries |
Purchasing Globalfoundries 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" Globalfoundries calls. Remember, the seller must deliver Globalfoundries stock to the call owner when a call is exercised.
Globalfoundries Option Chain
When Globalfoundries' strike price is surpassing the current stock price, the option contract against Globalfoundries 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.
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 |
Put | GFS Option Put 20-12-2024 25 | 36 | 2024-12-20 | 0.0 - 0.1 | 0.25 | Out |
Put | GFS Option Put 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.02 | |
Put | GFS Option Put 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | GFS Option Put 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | GFS Option Put 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.75 | In |
Put | GFS Option Put 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 4.75 | In |
Globalfoundries Total Stockholder Equity
Total Stockholder Equity |
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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.