CRNX Option Call 16-01-2026 70 Option on Crinetics Pharmaceuticals

CRNX Stock  USD 57.20  0.47  0.81%   
CRNX Option Call 16-01-2026 70 is a CALL option contract on Crinetics Pharmaceuticals' common stock with a strick price of 70.0 expiring on 2026-01-16. The contract was last traded on 2024-07-05 at 12:50:31 for $4.0 and, as of today, has 410 days remaining before the expiration. The option is currently trading at a bid price of $5.0, and an ask price of $9.5. The implied volatility as of the 2nd of December is 410.0.
  
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 2026-01-16 Option Contract

The options market is anticipating that Crinetics Pharmaceuticals will have an average daily up or down price movement of about 0.0356% per day over the life of the option. With Crinetics Pharmaceuticals trading at USD 57.2, that is roughly USD 0.0203. 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 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Crinetics Pharmaceuticals

An 'Out of The Money' option on Crinetics has a strike price that Crinetics 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 Crinetics Pharmaceuticals' 'Out of The Money' options include buying the options if you expect a big move in Crinetics Pharmaceuticals' 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 NameCRNX Option Call 16-01-2026 70
Expires On2026-01-16
Days Before Expriration410
Last Traded On2024-07-05 12:50:31
Open Interest5
Current Trading Volume5.0
Strike Price70.0
Last Traded At4.0
Current Price Spread5.0 | 9.5
Rule 16 Daily Up or DownUSD 0.0203

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 70.0 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 70.0, 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 70.0 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 70.0, the line crosses zero, and trading Crinetics becomes disadvantageous with no downside limits.
   Profit   
       Crinetics Pharmaceuticals Price At Expiration  
View All Crinetics Pharmaceuticals Options

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 IntExpirationCurrent SpreadLast Price
Call
CRNX Option Call 20-12-2024 3012024-12-2021.6 - 26.023.3In
Call
CRNX Option Call 20-12-2024 3502024-12-2020.3 - 25.021.64In
Call
CRNX Option Call 20-12-2024 40162024-12-2011.5 - 16.011.1In
Call
CRNX Option Call 20-12-2024 4502024-12-200.0 - 0.012.25In
Call
CRNX Option Call 20-12-2024 4622024-12-208.5 - 13.013.6In
Call
CRNX Option Call 20-12-2024 4752024-12-205.5 - 9.010.4In
Call
CRNX Option Call 20-12-2024 4812024-12-208.6 - 13.54.5In
Call
CRNX Option Call 20-12-2024 5002024-12-200.0 - 0.06.5In
Call
CRNX Option Call 20-12-2024 5502024-12-200.0 - 0.03.0In
Call
CRNX Option Call 20-12-2024 6002024-12-200.0 - 0.01.2Out
Call
CRNX Option Call 20-12-2024 6502024-12-200.0 - 0.00.35Out
Call
CRNX Option Call 20-12-2024 7002024-12-200.0 - 0.00.47Out
Call
CRNX Option Call 20-12-2024 7502024-12-200.0 - 0.00.15Out
Call
CRNX Option Call 20-12-2024 8032024-12-200.0 - 0.01.15Out

Crinetics Pharmaceuticals Corporate Management

Jeff KnightChief OfficerProfile
James HassardChief OfficerProfile
Adriana MBAChief OfficerProfile
Gayathri DiwakarHead RelationsProfile
Dana MDChief OfficerProfile
Robert MDSenior AffairsProfile

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.