CDE250321P00010000 Option on Coeur Mining
CDE Stock | USD 7.09 0.17 2.46% |
CDE250321P00010000 is a PUT option contract on Coeur Mining's common stock with a strick price of 10.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 43 days remaining before the expiration. The option is currently trading at a bid price of $2.7, and an ask price of $3.6. The implied volatility as of the 6th of February is 43.0.
Coeur |
When exercised, put options on Coeur Mining produce a short position in Coeur Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Coeur Mining's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Coeur Mining will have an average daily up or down price movement of about 0.0611% per day over the life of the option. With Coeur Mining trading at USD 7.09, that is roughly USD 0.004333. If you think that the market is fully understating Coeur Mining's daily price movement you should consider buying Coeur Mining options at that current volatility level of 0.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Coeur Mining
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Coeur Mining positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Coeur Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | CDE250321P00010000 |
Expires On | 2025-03-21 |
Days Before Expriration | 43 |
Vega | 0.006757 |
Gamma | 0.114153 |
Theoretical Value | 3.15 |
Open Interest | 17 |
Strike Price | 10.0 |
Last Traded At | 3.48 |
Current Price Spread | 2.7 | 3.6 |
Rule 16 Daily Up or Down | USD 0.004333 |
Coeur short PUT Option Greeks
Coeur Mining's Option Greeks for the contract ending on 2025-03-21 at a strike price of 10.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Coeur Mining's option greeks, its implied volatility helps estimate the risk of Coeur Mining stock implied by the prices of the options on Coeur Mining's stock.
Delta | -0.796993 | |
Gamma | 0.114153 | |
Theta | -0.00773 | |
Vega | 0.006757 | |
Rho | -0.009405 |
Coeur long PUT Option Payoff at expiration
Put options written on Coeur Mining grant holders of the option the right to sell a specified amount of Coeur Mining at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Coeur Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Coeur Mining is like buying insurance aginst Coeur Mining's downside shift.
Profit |
Coeur Mining Price At Expiration |
Coeur short PUT Option Payoff at expiration
By selling Coeur Mining's put option, the investors signal their bearish sentiment. A short position in a put option written on Coeur Mining will generally make money when the underlying price is above the strike price. Therefore Coeur Mining's put payoff at expiration depends on where the Coeur Stock price is relative to the put option strike price. The breakeven price of 6.85 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Coeur Mining's price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
Profit |
Coeur Mining Price At Expiration |
Coeur Mining Available Put Options
Coeur Mining's option chain is a display of a range of information that helps investors for ways to trade options on Coeur. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Coeur. It also shows strike prices and maturity days for a Coeur Mining 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 Int | Strike Price | Current Spread | Last Price | |||
Put | CDE250321P00002500 | 14 | 2.5 | 0.0 - 0.1 | 0.04 | Out |
Put | CDE250321P00005000 | 2863 | 5.0 | 0.0 - 0.1 | 0.05 | Out |
Put | CDE250321P00007500 | 1235 | 7.5 | 0.75 - 0.85 | 0.8 | In |
Put | CDE250321P00010000 | 17 | 10.0 | 2.7 - 3.6 | 3.48 | In |
Put | CDE250321P00012500 | 0 | 12.5 | 5.3 - 5.5 | 5.4 | In |
Coeur Mining Corporate Directors
Randolph Gress | Independent Director | Profile | |
Linda Adamany | Independent Director | Profile | |
Jessica McDonald | Independent Director | Profile | |
John Robinson | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coeur Mining. 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 information on how to trade Coeur Stock refer to our How to Trade Coeur Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Metals & Mining 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 Coeur Mining. If investors know Coeur 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 Coeur Mining 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 2.443 | Earnings Share (0.01) | Revenue Per Share | Quarterly Revenue Growth 0.611 | Return On Assets |
The market value of Coeur Mining is measured differently than its book value, which is the value of Coeur that is recorded on the company's balance sheet. Investors also form their own opinion of Coeur Mining's value that differs from its market value or its book value, called intrinsic value, which is Coeur Mining'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 Coeur Mining's market value can be influenced by many factors that don't directly affect Coeur Mining'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 Coeur Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coeur Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coeur Mining'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.