CIVB250221C00017500 Option on Civista Bancshares
CIVB Stock | USD 22.06 0.00 0.00% |
CIVB250221C00017500 is a PUT option contract on Civista Bancshares' common stock with a strick price of 17.5 expiring on 2025-02-21. The contract was not traded in recent days and, as of today, has 20 days remaining before the expiration. The option is currently trading at a bid price of $2.05, and an ask price of $5.9. The implied volatility as of the 1st of February is 20.0.
Civista |
A put option written on Civista Bancshares becomes more valuable as the price of Civista Bancshares drops. Conversely, Civista Bancshares' put option loses its value as Civista Stock rises.
Rule 16 of 2025-02-21 Option Contract
The options market is anticipating that Civista Bancshares will have an average daily up or down price movement of about 0.0344% per day over the life of the option. With Civista Bancshares trading at USD 22.06, that is roughly USD 0.007578. If you think that the market is fully understating Civista Bancshares' daily price movement you should consider buying Civista Bancshares options at that current volatility level of 0.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Civista Bancshares
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 Civista Bancshares 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 Civista 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 Name | CIVB250221C00017500 |
Expires On | 2025-02-21 |
Days Before Expriration | 20 |
Delta | 0.939143 |
Vega | 0.006185 |
Gamma | 0.040801 |
Theoretical Value | 3.98 |
Open Interest | 3 |
Strike Price | 17.5 |
Last Traded At | 3.65 |
Current Price Spread | 2.05 | 5.9 |
Rule 16 Daily Up or Down | USD 0.007578 |
Civista short PUT Option Greeks
Civista Bancshares' Option Greeks for the contract ending on 2025-02-21 at a strike price of 17.5 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 Civista Bancshares' option greeks, its implied volatility helps estimate the risk of Civista Bancshares stock implied by the prices of the options on Civista Bancshares' stock.
Delta | 0.939143 | |
Gamma | 0.040801 | |
Theta | -0.008016 | |
Vega | 0.006185 | |
Rho | 0.009532 |
Civista long PUT Option Payoff at expiration
Put options written on Civista Bancshares grant holders of the option the right to sell a specified amount of Civista Bancshares 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 Civista Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Civista Bancshares is like buying insurance aginst Civista Bancshares' downside shift.
Profit |
Civista Bancshares Price At Expiration |
Civista short PUT Option Payoff at expiration
By selling Civista Bancshares' put option, the investors signal their bearish sentiment. A short position in a put option written on Civista Bancshares will generally make money when the underlying price is above the strike price. Therefore Civista Bancshares' put payoff at expiration depends on where the Civista Stock price is relative to the put option strike price. The breakeven price of 21.48 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 Civista Bancshares' price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
Civista Bancshares Price At Expiration |
Civista Bancshares Available Call Options
Civista Bancshares' option chain is a display of a range of information that helps investors for ways to trade options on Civista. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Civista. It also shows strike prices and maturity days for a Civista Bancshares 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 | |||
Call | CIVB250321C00010000 | 0 | 10.0 | 9.5 - 14.0 | 9.5 | In |
Call | CIVB250321C00012500 | 0 | 12.5 | 7.0 - 11.5 | 7.0 | In |
Call | CIVB250321C00015000 | 0 | 15.0 | 4.5 - 9.0 | 4.5 | In |
Call | CIVB250321C00017500 | 0 | 17.5 | 2.0 - 6.5 | 2.0 | In |
Call | CIVB250321C00020000 | 0 | 20.0 | 0.0 - 4.3 | 4.3 | In |
Call | CIVB250321C00022500 | 0 | 22.5 | 0.0 - 2.85 | 2.85 | |
Call | CIVB250321C00025000 | 0 | 25.0 | 0.0 - 2.5 | 2.5 | |
Call | CIVB250321C00030000 | 0 | 30.0 | 0.0 - 2.45 | 2.45 |
Civista Bancshares Corporate Executives
Elected by the shareholders, the Civista Bancshares' board of directors comprises two types of representatives: Civista Bancshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Civista. The board's role is to monitor Civista Bancshares' management team and ensure that shareholders' interests are well served. Civista Bancshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Civista Bancshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Dutton | Sr. VP and COO of Civista Bank | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civista Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional Banks 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 Civista Bancshares. If investors know Civista 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 Civista Bancshares 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 (0.20) | Earnings Share 2 | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets |
The market value of Civista Bancshares is measured differently than its book value, which is the value of Civista that is recorded on the company's balance sheet. Investors also form their own opinion of Civista Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Civista Bancshares' 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 Civista Bancshares' market value can be influenced by many factors that don't directly affect Civista Bancshares' 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 Civista Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civista Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civista Bancshares' 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.