Canoo Stock Options

GOEV
 Stock
  

USD 1.40  0.04  2.78%   

Canoo's option chain provides insight into all available option contracts written on Canoo's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Canoo'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 Canoo option contract. View S&P 500 options
  
Purchasing Canoo 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" Canoo calls. Remember, the seller must deliver Canoo Inc stock to the call owner when a call is exercised.

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

Analyzing Canoo's in-the-money options over time can help investors to take a profitable long position in Canoo regardless of its overall volatility. This is especially true when Canoo's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Canoo's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Canoo's stock while costing only a fraction of its price.
Canoo's latest option contracts expiring on 2022-12-09 are carrying combined implied volatility of 173.82 with a put-to-call open interest ratio of 0.55 over 12 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2022-12-09. The current put volume is at 504, with calls trading at the volume of 2410. This yields a 0.21 put-to-call volume ratio. The Canoo option chain provides detailed quote and price information for the current Canoo Inc option contracts. It shows all of Canoo's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-09 Option Contracts

Canoo 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 Canoo's lending market. For example, when Canoo'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 Canoo, he or she must hedge the risk by shorting Canoo stock over its option's life.
The chart above shows Canoo'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. Canoo's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Canoo's option, there is no secondary market available for investors to trade.
Canoo's stock options are financial instruments that give investors the right to buy or sell shares of Canoo Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Canoo stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Canoo's stock price goes up or down, the stock options follow.
Please check Risk vs Return Analysis.
Please note that buying 'in-the-money' options on Canoo lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Canoo's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Canoo contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Canoo Stock moves the wrong way.

Canoo Inc In The Money Call Balance

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

Canoo Current Options Market Mood

Canoo'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 Canoo 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 Canoo'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. Canoo'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 Canoo'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 Canoo contract

Base on the Rule 16, the options market is currently suggesting that Canoo Inc will have an average daily up or down price movement of about 10.86% per day over the life of the 2022-12-09 option contract. With Canoo trading at USD1.4, that is roughly USD0.15. If you think that the market is fully incorporating Canoo's daily price movement you should consider buying Canoo Inc options at the current volatility level of 173.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Canoo Option Chain

When Canoo's strike price is surpassing the current stock price, the option contract against Canoo Inc 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.
2022-12-092022-12-162022-12-232022-12-302023-01-062023-01-132023-01-202023-02-172023-03-172023-05-192024-01-192025-01-17
Canoo's option chain is a display of a range of information that helps investors for ways to trade options on Canoo. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Canoo. It also shows strike prices and maturity days for a Canoo 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
2022-12-09 CALL at $0.50.95410.0858152022-12-090.82 - 0.960.93In
Call
2022-12-09 CALL at $1.50.3611.69314012022-12-090.05 - 0.060.05Out
Call
2022-12-09 CALL at $2.00.07560.44242662022-12-090.0 - 0.010.01Out
Call
2022-12-09 CALL at $2.50.09280.3101102022-12-090.0 - 0.020.02Out
 Put
2022-12-09 PUT at $1.0-0.06270.36965752022-12-090.0 - 0.010.01Out
 Put
2022-12-09 PUT at $1.5-0.63821.6865422022-12-090.11 - 0.170.15In
 Put
2022-12-09 PUT at $2.0-0.95130.357102022-12-090.54 - 0.670.52In
 Put
2022-12-09 PUT at $2.5-0.92230.287352022-12-091.04 - 1.191.25In
 Put
2022-12-09 PUT at $3.0-0.75020.310152022-12-091.45 - 1.711.77In

Canoo Investors Sentiment

The influence of Canoo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canoo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Canoo's public news can be used to forecast risks associated with investment in Canoo. The trend in average sentiment can be used to explain how an investor holding Canoo can time the market purely based on public headlines and social activities around Canoo Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Canoo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canoo's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canoo's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canoo.

Canoo Implied Volatility

    
  173.82  
Canoo's implied volatility exposes the market's sentiment of Canoo Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canoo's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canoo stock will not fluctuate a lot when Canoo's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canoo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canoo's short interest history, or implied volatility extrapolated from Canoo options trading.

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Please check Risk vs Return Analysis. Note that the Canoo Inc information on this page should be used as a complementary analysis to other Canoo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Canoo Inc price analysis, check to measure Canoo'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 Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.
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Is Canoo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canoo. If investors know Canoo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canoo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
478.5 M
Return On Assets
(0.67) 
Return On Equity
(1.58) 
The market value of Canoo Inc is measured differently than its book value, which is the value of Canoo that is recorded on the company's balance sheet. Investors also form their own opinion of Canoo's value that differs from its market value or its book value, called intrinsic value, which is Canoo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canoo's market value can be influenced by many factors that don't directly affect Canoo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canoo's value and its price as these two are different measures arrived at by different means. Investors typically determine Canoo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canoo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.