CRNX Option Call 17-01-2025 45 Option on Crinetics Pharmaceuticals
CRNX Stock | USD 57.20 0.47 0.81% |
CRNX Option Call 17-01-2025 45 is a CALL option contract on Crinetics Pharmaceuticals' common stock with a strick price of 45.0 expiring on 2025-01-17. The contract was last traded on 2024-10-15 at 14:54:53 for $14.44 and, as of today, has 46 days remaining before the expiration. The option is currently trading at a bid price of $9.6, and an ask price of $13.5. The implied volatility as of the 2nd of December is 46.0.
Crinetics |
The strike price represents the predetermined price at which a call buyer can buy Crinetics Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Crinetics Pharmaceuticals' price is above the strike price at expiry, the profit is the current Crinetics Pharmaceuticals' stock price, minus the strike price and the premium.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Crinetics Pharmaceuticals will have an average daily up or down price movement of about 0.0457% per day over the life of the option. With Crinetics Pharmaceuticals trading at USD 57.2, that is roughly USD 0.0262. If you think that the market is fully understating Crinetics Pharmaceuticals' daily price movement you should consider buying Crinetics Pharmaceuticals options at that current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Crinetics Pharmaceuticals
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 Crinetics Pharmaceuticals 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 Crinetics 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 | CRNX Option Call 17-01-2025 45 |
Expires On | 2025-01-17 |
Days Before Expriration | 46 |
Last Traded On | 2024-10-15 14:54:53 |
Open Interest | 5 |
Current Trading Volume | 1.0 |
Strike Price | 45.0 |
Last Traded At | 14.44 |
Current Price Spread | 9.6 | 13.5 |
Rule 16 Daily Up or Down | USD 0.0262 |
Crinetics long CALL Option Payoff at expiration
Buying Crinetics Pharmaceuticals' call option is the simplest of option trades. A call option on Crinetics Stock gives investors the right (but not the obligation) to purchase Crinetics Pharmaceuticals at the given strike price. Therefore Crinetics Pharmaceuticals' call intrinsic value or payoff at expiration depends on where the Crinetics Stock price is relative to the call option strike price. The strike price of 45.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Crinetics Pharmaceuticals' price. Finally, at the break-even point of 45.0, the line crosses zero, and trading Crinetics becomes profitable.
Profit |
Crinetics Pharmaceuticals Price At Expiration |
Crinetics short CALL Option Payoff at expiration
By selling Crinetics Pharmaceuticals' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Crinetics Pharmaceuticals will generally make money when the underlying price goes down. Therefore Crinetics Pharmaceuticals' call intrinsic value or payoff at expiration depends on where the Crinetics Stock price is relative to the call option strike price. The strike price of 45.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Crinetics Pharmaceuticals' price. Finally, at the break-even point of 45.0, the line crosses zero, and trading Crinetics becomes disadvantageous with no downside limits.
Profit |
Crinetics Pharmaceuticals Price At Expiration |
Crinetics Pharmaceuticals Available Call Options
Crinetics Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Crinetics. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Crinetics. It also shows strike prices and maturity days for a Crinetics Pharmaceuticals 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 | Expiration | Current Spread | Last Price | |||
Call | CRNX Option Call 20-12-2024 30 | 1 | 2024-12-20 | 21.6 - 26.0 | 23.3 | In |
Call | CRNX Option Call 20-12-2024 35 | 0 | 2024-12-20 | 20.3 - 25.0 | 21.64 | In |
Call | CRNX Option Call 20-12-2024 40 | 16 | 2024-12-20 | 11.5 - 16.0 | 11.1 | In |
Call | CRNX Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 12.25 | In |
Call | CRNX Option Call 20-12-2024 46 | 2 | 2024-12-20 | 8.5 - 13.0 | 13.6 | In |
Call | CRNX Option Call 20-12-2024 47 | 5 | 2024-12-20 | 5.5 - 9.0 | 10.4 | In |
Call | CRNX Option Call 20-12-2024 48 | 1 | 2024-12-20 | 8.6 - 13.5 | 4.5 | In |
Call | CRNX Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.5 | In |
Call | CRNX Option Call 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.0 | In |
Call | CRNX Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.2 | |
Call | CRNX Option Call 20-12-2024 65 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.35 | |
Call | CRNX Option Call 20-12-2024 70 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.47 | |
Call | CRNX Option Call 20-12-2024 75 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Call | CRNX Option Call 20-12-2024 80 | 3 | 2024-12-20 | 0.0 - 0.0 | 1.15 | Out |
Crinetics Pharmaceuticals Corporate Management
Jeff Knight | Chief Officer | Profile | |
James Hassard | Chief Officer | Profile | |
Adriana MBA | Chief Officer | Profile | |
Gayathri Diwakar | Head Relations | Profile | |
Dana MD | Chief Officer | Profile | |
Robert MD | Senior Affairs | Profile |
Additional Tools for Crinetics Stock Analysis
When running Crinetics Pharmaceuticals' price analysis, check to measure Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals is operating at the current time. Most of Crinetics Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Crinetics Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crinetics Pharmaceuticals' price. Additionally, you may evaluate how the addition of Crinetics Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.