Churchill Downs Stock Options Expiring on 20th of June 2025

CHDN Stock  USD 140.26  2.52  1.76%   
Churchill Downs' latest option contracts expiring on 2025-06-20 are carrying combined implied volatility of 0.02 with a put-to-call open interest ratio of 0.0 over 5 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2025-06-20. The total put volume is at 1.0, with calls trading at the volume of 1.0. This yields a 0.2 put-to-call volume ratio.
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Please note that buying 'in-the-money' options on Churchill Downs lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Churchill Downs' 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 Churchill Downs 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 Churchill Stock moves the wrong way.

Churchill Downs In The Money Call Balance

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

Churchill Current Options Market Mood

Churchill Downs' 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 Churchill 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

Unfortunately, most Churchill Downs' options investors are not very successful. Churchill Downs' 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 Churchill contract

Base on the Rule 16, the options market is currently suggesting that Churchill Downs Incorporated will have an average daily up or down price movement of about 0.001219% per day over the life of the 2025-06-20 option contract. With Churchill Downs trading at USD 140.26, that is roughly USD 0.001709. If you think that the market is fully incorporating Churchill Downs' daily price movement you should consider buying Churchill Downs Incorporated options at the current volatility level of 0.0195%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  

Churchill Downs Option Chain

When Churchill Downs' strike price is surpassing the current stock price, the option contract against Churchill Downs Incorporated 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.
Churchill Downs' option chain is a display of a range of information that helps investors for ways to trade options on Churchill. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Churchill. It also shows strike prices and maturity days for a Churchill Downs 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 IntExpirationCurrent SpreadLast Price
Call
CHDN Option Call 20-06-2025 14002025-06-200.0 - 0.013.9In
Call
CHDN Option Call 20-06-2025 14502025-06-200.0 - 0.011.55Out
Call
CHDN Option Call 20-06-2025 15002025-06-200.0 - 0.013.0Out
Call
CHDN Option Call 20-06-2025 18002025-06-200.0 - 0.01.5Out
 Put
CHDN Option Put 20-06-2025 13502025-06-200.0 - 0.06.3Out

Churchill Total Stockholder Equity

Total Stockholder Equity

938.28 Million

At this time, Churchill Downs' Total Stockholder Equity is very stable compared to the past year.

Churchill Downs Corporate Executives

Elected by the shareholders, the Churchill Downs' board of directors comprises two types of representatives: Churchill Downs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Churchill. The board's role is to monitor Churchill Downs' management team and ensure that shareholders' interests are well served. Churchill Downs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Churchill Downs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Marcia CPAExecutive CFOProfile
Nate SimonSenior CTOProfile
When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
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Is Hotels, Restaurants & Leisure space 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 Churchill Downs. If investors know Churchill 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 Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.089
Earnings Share
5.55
Revenue Per Share
35.989
Quarterly Revenue Growth
0.098
Return On Assets
0.0625
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' 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 Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' 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 Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' 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.