CHDN - Churchill Downs Incorporated
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games.
As of May 15, 2026: spot at $86.65, ATM IV 34.2%, max pain $95.00, net GEX -$3.3M.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Market Cap
- $5.96B
- P/E Ratio
- 15.53
- Beta
- 0.73
- 52-Week Range
- 80.24-118.46
- Dividend Yield
- $0.44
- CEO
- William C. Carstanjen
- Employees
- 6,480
- IPO Date
- Mar 29, 1993
- Exchange
- NASDAQ
What CHDN Looks Like to Options Traders Today
IV rank of 51.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$3.3M) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.002) is roughly flat across the wings.
What This Page Covers
The CHDN overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked CHDN overview questions
- What is CHDN?
- CHDN is the ticker symbol for Churchill Downs Incorporated, a listed security. Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. Listed on NASDAQ. CHDN is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the CHDN options snapshot look like today?
- As of May 15, 2026, the CHDN options snapshot shows spot at $86.65, ATM IV 34.2%, IV rank 51.5%, max pain $95.00, net GEX -$3.3M, expected move 9.80%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are CHDN's key statistics?
- Churchill Downs Incorporated (CHDN) carries a market capitalization of $5.96B, trailing P/E ratio of 15.53, beta of 0.73 relative to the broader market, 52-week range of 80.24-118.46. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does CHDN belong to?
- Churchill Downs Incorporated operates in the Consumer Cyclical sector, in the Gambling, Resorts & Casinos industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CHDN's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the CHDN data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).