CENT250417C00030000 Option on Central Garden Pet

CENT Stock  USD 36.26  0.06  0.17%   
CENT250417C00030000 is a PUT option contract on Central Garden's common stock with a strick price of 30.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $4.5, and an ask price of $9.0. The implied volatility as of the 22nd of January is 85.0.
  
When exercised, put options on Central Garden produce a short position in Central Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Central Garden's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Central Garden Pet will have an average daily up or down price movement of about 0.0771% per day over the life of the option. With Central Garden trading at USD 36.26, that is roughly USD 0.028. If you think that the market is fully understating Central Garden's daily price movement you should consider buying Central Garden Pet options at that current volatility level of 1.23%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Central Garden

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 Central Garden 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 Central Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameCENT250417C00030000
Expires On2025-04-17
Days Before Expriration85
Delta0.654456
Vega0.042847
Gamma0.015296
Theoretical Value6.75
Open Interest1
Strike Price30.0
Last Traded At9.1
Current Price Spread4.5 | 9.0
Rule 16 Daily Up or DownUSD 0.028

Central short PUT Option Greeks

Central Garden's Option Greeks for the contract ending on 2025-04-17 at a strike price of 30.0 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 Central Garden's option greeks, its implied volatility helps estimate the risk of Central Garden stock implied by the prices of the options on Central Garden's stock.
Delta0.654456
Gamma0.015296
Theta-0.006639
Vega0.042847
Rho0.0102

Central long PUT Option Payoff at expiration

Put options written on Central Garden grant holders of the option the right to sell a specified amount of Central Garden 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 Central Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Central Garden is like buying insurance aginst Central Garden's downside shift.
   Profit   
       Central Garden Price At Expiration  

Central short PUT Option Payoff at expiration

By selling Central Garden's put option, the investors signal their bearish sentiment. A short position in a put option written on Central Garden will generally make money when the underlying price is above the strike price. Therefore Central Garden's put payoff at expiration depends on where the Central Stock price is relative to the put option strike price. The breakeven price of 36.75 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 Central Garden's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
   Profit   
       Central Garden Price At Expiration  
View All Central Garden Options

Central Garden Pet Available Call Options

Central Garden's option chain is a display of a range of information that helps investors for ways to trade options on Central. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Central. It also shows strike prices and maturity days for a Central Garden 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 IntStrike PriceCurrent SpreadLast Price
Call
CENT250417C00020000020.013.5 - 17.313.5In
Call
CENT250417C00022500022.511.0 - 15.411.0In
Call
CENT250417C00025000025.08.5 - 12.78.5In
Call
CENT250417C00030000130.04.5 - 9.09.1In
Call
CENT250417C00035000835.02.8 - 3.64.76In
Call
CENT250417C000400001340.01.05 - 1.755.5Out
Call
CENT250417C0004500021445.00.45 - 1.051.8Out
Call
CENT250417C00050000050.00.0 - 5.05.0Out
Call
CENT250417C0005500066355.00.05 - 0.250.7Out
Call
CENT250417C00060000060.00.0 - 5.05.0Out

Central Garden Corporate Management

Howard CPASenior OfficerProfile
Aron KolosikChief OfficerProfile
Marilyn LeahyInterim ResourcesProfile
Friederike EdelmannVice RelationsProfile

Additional Tools for Central Stock Analysis

When running Central Garden's price analysis, check to measure Central Garden'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 Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.