GOEV221209P00002000 Option on Canoo Inc
| GOEV Stock | USD 3.40 0.55 19.30% |
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.
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.
There are currently no option contracts written on Canoo Inc. 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.
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 Maximum Pain Price across 2024-04-26 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 Canoo 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.
No Max Pain Price
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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canoo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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.
At this time, Canoo's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 26.3 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 21.6 K in 2024. 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 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 0.0% per day over the life of the 2024-04-26 option contract. With Canoo trading at USD 3.4, that is roughly USD 0.0. 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 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Canoo |
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.
Canoo Other Stockholder Equity Over Time
Other Stockholder Equity |
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Canoo Other Stockholder Equity
Other Stockholder Equity |
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Our tools can tell you how much better you can do entering a position in Canoo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Canoo Corporate Management
Elected by the shareholders, the Canoo's board of directors comprises two types of representatives: Canoo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canoo. The board's role is to monitor Canoo's management team and ensure that shareholders' interests are well served. Canoo's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canoo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Kim | Chief Officer | Profile | |
| Kate Lengyel | Chief Officer | Profile | |
| Nick Cunningham | VP Relations | Profile | |
| Kunal Bhalla | Capital Development | Profile | |
| Michael Carter | Chief Officer | Profile | |
| Agnes GomesKoizumi | Vice Communications | Profile | |
| Ram Balasubramanian | Chief Officer | Profile |
Already Invested in Canoo Inc?
The danger of trading Canoo Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canoo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canoo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canoo Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canoo Inc is a strong investment it is important to analyze Canoo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canoo's future performance. For an informed investment choice regarding Canoo Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canoo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Canoo Stock analysis
When running Canoo's 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 the 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.
Earnings Share (12.19) | Revenue Per Share 0.035 | Return On Assets (0.32) | Return On Equity (1.26) |
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 if Canoo is a good investment 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.