GDDY240517C00116000 Option on Godaddy

GDDY Stock  USD 139.36  0.70  0.50%   
Godaddy's latest option contracts expiring on 2024-06-14 are carrying combined implied volatility of 26.7 with a put-to-call open interest ratio of 1.27 over 112 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-06-14. The current put volume is at 376, with calls trading at the volume of 250. This yields a 1.5 put-to-call volume ratio.

Open Interest Against 2024-06-14 Option Contracts

Godaddy 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 Godaddy's lending market. For example, when Godaddy'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 Godaddy, he or she must hedge the risk by shorting Godaddy stock over its option's life.
The chart above shows Godaddy'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. Godaddy's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Godaddy's option, there is no secondary market available for investors to trade.

Godaddy Maximum Pain Price across 2024-06-14 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Godaddy close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Godaddy's option chain provides insight into all available option contracts written on Godaddy's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Godaddy's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Godaddy option contract.

In The Money vs. Out of Money Option Contracts on Godaddy

Analyzing Godaddy's in-the-money options over time can help investors to take a profitable long position in Godaddy regardless of its overall volatility. This is especially true when Godaddy's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Godaddy's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Godaddy's 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 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.At this time, Godaddy's Capital Stock is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 311.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 150.2 M in 2024.

Godaddy In The Money Call Balance

When Godaddy's strike price is surpassing the current stock price, the option contract against Godaddy stock is said to be in the money. When it comes to buying Godaddy's 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 Godaddy 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.

Godaddy Current Options Market Mood

Godaddy'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 Godaddy 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 Godaddy'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. Godaddy'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. Using current Godaddy's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Godaddy contract

Base on the Rule 16, the options market is currently suggesting that Godaddy will have an average daily up or down price movement of about 1.67% per day over the life of the 2024-06-14 option contract. With Godaddy trading at USD 139.36, that is roughly USD 2.33. If you think that the market is fully incorporating Godaddy's daily price movement you should consider buying Godaddy options at the current volatility level of 26.7%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Godaddy 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" Godaddy calls. Remember, the seller must deliver Godaddy stock to the call owner when a call is exercised.

Godaddy Option Chain

When Godaddy's strike price is surpassing the current stock price, the option contract against Godaddy 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.
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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-06-14 CALL at $65.00.99234.0E-402024-06-1472.2 - 76.90.0In
Call
2024-06-14 CALL at $70.00.99185.0E-402024-06-1467.1 - 72.00.0In
Call
2024-06-14 CALL at $75.00.98867.0E-412024-06-1462.2 - 67.050.1In
Call
2024-06-14 CALL at $80.00.98779.0E-412024-06-1457.3 - 61.959.75In
Call
2024-06-14 CALL at $85.00.98999.0E-402024-06-1452.2 - 56.90.0In
Call
2024-06-14 CALL at $90.00.98910.00112024-06-1447.2 - 51.950.22In
Call
2024-06-14 CALL at $95.00.98810.001302024-06-1442.2 - 46.90.0In
Call
2024-06-14 CALL at $100.00.98260.001902024-06-1437.3 - 41.90.0In
Call
2024-06-14 CALL at $105.00.98570.001902024-06-1432.7 - 36.40.0In
Call
2024-06-14 CALL at $109.00.89530.006102024-06-1428.8 - 32.10.0In
Call
2024-06-14 CALL at $110.00.99110.001702024-06-1427.6 - 31.40.0In
Call
2024-06-14 CALL at $111.00.97750.003302024-06-1426.8 - 30.40.0In
Call
2024-06-14 CALL at $112.00.99080.001902024-06-1425.6 - 29.40.0In
Call
2024-06-14 CALL at $113.00.99070.00202024-06-1424.6 - 28.40.0In
Call
2024-06-14 CALL at $114.00.87370.007702024-06-1423.6 - 27.30.0In
Call
2024-06-14 CALL at $115.00.99030.002202024-06-1422.6 - 26.40.0In
Call
2024-06-14 CALL at $116.00.99010.002302024-06-1421.6 - 25.40.0In
Call
2024-06-14 CALL at $117.00.97320.004802024-06-1420.6 - 24.60.0In
Call
2024-06-14 CALL at $118.00.98970.002702024-06-1419.6 - 23.40.0In
Call
2024-06-14 CALL at $119.00.98950.002902024-06-1418.6 - 22.40.0In
Call
2024-06-14 CALL at $120.00.97880.004802024-06-1417.6 - 21.50.0In
Call
2024-06-14 CALL at $121.00.9780.005202024-06-1416.7 - 20.40.0In
Call
2024-06-14 CALL at $122.00.83960.01232024-06-1415.7 - 19.317.12In
Call
2024-06-14 CALL at $123.00.94350.0102024-06-1414.6 - 18.90.0In
Call
2024-06-14 CALL at $124.00.97510.006902024-06-1413.6 - 17.50.0In
Call
2024-06-14 CALL at $125.00.9740.007602024-06-1412.6 - 16.50.0In
Call
2024-06-14 CALL at $126.00.97270.008402024-06-1411.6 - 15.50.0In
Call
2024-06-14 CALL at $127.00.94880.012942024-06-1410.9 - 14.45.9In
Call
2024-06-14 CALL at $128.00.91940.017112024-06-1410.1 - 13.58.7In
Call
2024-06-14 CALL at $129.00.95390.014742024-06-148.8 - 12.44.7In
Call
2024-06-14 CALL at $130.00.76920.0212102024-06-148.1 - 11.59.2In
Call
2024-06-14 CALL at $131.00.92180.023302024-06-147.0 - 10.40.0In
Call
2024-06-14 CALL at $132.00.81520.0332024-06-146.0 - 8.44.19In
Call
2024-06-14 CALL at $133.00.86560.035452024-06-146.3 - 7.55.03In
Call
2024-06-14 CALL at $134.00.80710.041352024-06-144.1 - 6.23.31In
Call
2024-06-14 CALL at $135.00.91910.0457162024-06-144.1 - 5.16.6In
Call
2024-06-14 CALL at $136.00.8360.067742024-06-143.3 - 4.31.8In
Call
2024-06-14 CALL at $137.00.71790.075722024-06-142.35 - 4.23.7In
Call
2024-06-14 CALL at $138.00.64110.086822024-06-142.55 - 2.752.55In
Call
2024-06-14 CALL at $139.00.55110.0928322024-06-141.95 - 2.151.95In
Call
2024-06-14 CALL at $140.00.46240.0855212024-06-141.45 - 1.651.61Out
Call
2024-06-14 CALL at $141.00.37110.0864372024-06-141.05 - 1.251.1Out
Call
2024-06-14 CALL at $142.00.29210.0776102024-06-140.3 - 0.90.8Out
Call
2024-06-14 CALL at $143.00.22490.066772024-06-140.5 - 0.650.45Out
Call
2024-06-14 CALL at $144.00.17320.055242024-06-140.35 - 0.50.52Out
Call
2024-06-14 CALL at $145.00.12910.044722024-06-140.25 - 0.350.55Out
Call
2024-06-14 CALL at $146.00.0920.034932024-06-140.15 - 0.250.4Out
Call
2024-06-14 CALL at $147.00.05340.024202024-06-140.1 - 0.20.1Out
Call
2024-06-14 CALL at $148.00.04920.020602024-06-140.05 - 0.150.0Out
Call
2024-06-14 CALL at $149.00.11320.025802024-06-140.05 - 0.750.0Out
 Put
2024-06-14 PUT at $130.0-0.04210.0156112024-06-140.05 - 0.150.46Out
 Put
2024-06-14 PUT at $131.0-0.06020.02122024-06-140.1 - 0.150.15Out
 Put
2024-06-14 PUT at $132.0-0.06570.024812024-06-140.05 - 0.20.15Out
 Put
2024-06-14 PUT at $133.0-0.07990.0312132024-06-140.1 - 0.250.55Out
 Put
2024-06-14 PUT at $134.0-0.11670.0414242024-06-140.2 - 0.350.45Out
 Put
2024-06-14 PUT at $135.0-0.15540.052512024-06-140.3 - 0.456.3Out
 Put
2024-06-14 PUT at $136.0-0.21420.064692024-06-140.0 - 0.650.56Out
 Put
2024-06-14 PUT at $137.0-0.28350.076512024-06-140.7 - 0.90.8Out
 Put
2024-06-14 PUT at $138.0-0.36480.084752024-06-141.0 - 1.21.13Out
 Put
2024-06-14 PUT at $139.0-0.4520.092372024-06-141.4 - 1.61.65Out
 Put
2024-06-14 PUT at $140.0-0.54660.0956522024-06-141.95 - 2.151.95In
 Put
2024-06-14 PUT at $141.0-0.63570.0883142024-06-142.5 - 2.752.6In
 Put
2024-06-14 PUT at $142.0-0.65380.06112024-06-142.75 - 5.13.2In
 Put
2024-06-14 PUT at $143.0-0.68710.051802024-06-143.9 - 5.90.0In
 Put
2024-06-14 PUT at $144.0-0.80690.054202024-06-144.0 - 5.10.0In
 Put
2024-06-14 PUT at $145.0-0.8660.044702024-06-144.8 - 6.05.9In
 Put
2024-06-14 PUT at $146.0-0.80170.038102024-06-146.4 - 8.30.0In
 Put
2024-06-14 PUT at $147.0-0.91270.04902024-06-147.1 - 8.50.0In
 Put
2024-06-14 PUT at $148.0-0.84430.030102024-06-148.2 - 10.20.0In
 Put
2024-06-14 PUT at $149.0-0.95420.017702024-06-147.8 - 11.60.0In
 Put
2024-06-14 PUT at $150.0-0.98250.008502024-06-148.8 - 12.50.0In
 Put
2024-06-14 PUT at $152.5-0.9850.006302024-06-1411.2 - 15.10.0In
 Put
2024-06-14 PUT at $155.0-0.95450.011202024-06-1413.9 - 17.60.0In
 Put
2024-06-14 PUT at $157.5-0.98810.00402024-06-1416.2 - 20.10.0In
 Put
2024-06-14 PUT at $160.0-0.98910.00402024-06-1418.7 - 22.60.0In
 Put
2024-06-14 PUT at $165.0-0.99060.002502024-06-1423.7 - 27.60.0In

Godaddy Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Godaddy Total Stockholder Equity

Total Stockholder Equity

59.09 Million

At this time, Godaddy's Total Stockholder Equity is fairly stable compared to the past year.

Godaddy Corporate Directors

Caroline DonahueIndependent DirectorProfile
Herald ChenIndependent DirectorProfile
Lee WittlingerIndependent DirectorProfile
Brian SharplesIndependent DirectorProfile

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.