CENT250417C00045000 Option on Central Garden Pet

CENT Stock  USD 36.49  0.33  0.90%   
CENT250417C00045000 is a PUT option contract on Central Garden's common stock with a strick price of 45.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 75 days remaining before the expiration. The option is currently trading at a bid price of $0.25, and an ask price of $0.75. The implied volatility as of the 1st of February is 75.0.
  
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 0.0451% per day over the life of the option. With Central Garden trading at USD 36.49, that is roughly USD 0.0165. 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 0.72%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Central Garden

An 'Out of The Money' option on Central has a strike price that Central Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Central Garden's 'Out of The Money' options include buying the options if you expect a big move in Central Garden's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameCENT250417C00045000
Expires On2025-04-17
Days Before Expriration75
Delta0.11282
Vega0.02742
Gamma0.016712
Theoretical Value0.5
Open Interest214
Strike Price45.0
Last Traded At1.8
Current Price Spread0.25 | 0.75
Rule 16 Daily Up or DownUSD 0.0165

Central short PUT Option Greeks

Central Garden's Option Greeks for the contract ending on 2025-04-17 at a strike price of 45.0 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.
Delta0.11282
Gamma0.016712
Theta-0.003635
Vega0.02742
Rho0.004561

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 45.5 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 45.0, 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
CENT250417C00020000020.014.5 - 18.414.5In
Call
CENT250417C00022500022.512.0 - 16.512.0In
Call
CENT250417C00025000025.09.5 - 14.39.5In
Call
CENT250417C00030000130.05.0 - 9.59.1In
Call
CENT250417C00035000835.02.9 - 3.74.76In
Call
CENT250417C000400001440.00.85 - 1.50.1Out
Call
CENT250417C0004500021445.00.25 - 0.751.8Out
Call
CENT250417C00050000050.00.0 - 3.73.7Out
Call
CENT250417C0005500066355.00.0 - 3.70.7Out
Call
CENT250417C00060000060.00.0 - 3.73.7Out

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.