CSIQ250417C00008000 Option on Canadian Solar
CSIQ Stock | USD 10.46 0.22 2.15% |
CSIQ250417C00008000 is a PUT option contract on Canadian Solar's common stock with a strick price of 8.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $2.55, and an ask price of $2.75. The implied volatility as of the 30th of January is 77.0.
Canadian |
When exercised, put options on Canadian Solar produce a short position in Canadian Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Canadian Solar's downside price movement.
Rule 16 of 2025-04-17 Option Contract
The options market is anticipating that Canadian Solar will have an average daily up or down price movement of about 0.0428% per day over the life of the option. With Canadian Solar trading at USD 10.46, that is roughly USD 0.004476. If you think that the market is fully understating Canadian Solar's daily price movement you should consider buying Canadian Solar options at that current volatility level of 0.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Canadian Solar
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 Canadian Solar 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 Canadian 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 | CSIQ250417C00008000 |
Expires On | 2025-04-17 |
Days Before Expriration | 77 |
Delta | 0.833557 |
Vega | 0.011817 |
Gamma | 0.077024 |
Theoretical Value | 2.65 |
Open Interest | 287 |
Strike Price | 8.0 |
Last Traded At | 2.7 |
Current Price Spread | 2.55 | 2.75 |
Rule 16 Daily Up or Down | USD 0.004476 |
Canadian short PUT Option Greeks
Canadian Solar's Option Greeks for the contract ending on 2025-04-17 at a strike price of 8.0 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 Canadian Solar's option greeks, its implied volatility helps estimate the risk of Canadian Solar stock implied by the prices of the options on Canadian Solar's stock.
Delta | 0.833557 | |
Gamma | 0.077024 | |
Theta | -0.005904 | |
Vega | 0.011817 | |
Rho | 0.012578 |
Canadian long PUT Option Payoff at expiration
Put options written on Canadian Solar grant holders of the option the right to sell a specified amount of Canadian Solar 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 Canadian Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Canadian Solar is like buying insurance aginst Canadian Solar's downside shift.
Profit |
Canadian Solar Price At Expiration |
Canadian short PUT Option Payoff at expiration
By selling Canadian Solar's put option, the investors signal their bearish sentiment. A short position in a put option written on Canadian Solar will generally make money when the underlying price is above the strike price. Therefore Canadian Solar's put payoff at expiration depends on where the Canadian Stock price is relative to the put option strike price. The breakeven price of 10.65 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 Canadian Solar's price. Finally, at the strike price of 8.0, the payoff chart is constant and positive.
Profit |
Canadian Solar Price At Expiration |
Canadian Solar Available Call Options
Canadian Solar's option chain is a display of a range of information that helps investors for ways to trade options on Canadian. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Canadian. It also shows strike prices and maturity days for a Canadian Solar 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 | CSIQ250417C00006000 | 216 | 6.0 | 4.0 - 5.4 | 6.2 | In |
Call | CSIQ250417C00008000 | 287 | 8.0 | 2.55 - 2.75 | 2.7 | In |
Call | CSIQ250417C00009000 | 11 | 9.0 | 1.9 - 2.0 | 2.0 | In |
Call | CSIQ250417C00010000 | 378 | 10.0 | 1.35 - 1.45 | 1.35 | In |
Call | CSIQ250417C00011000 | 209 | 11.0 | 0.95 - 1.05 | 0.99 | Out |
Call | CSIQ250417C00012000 | 849 | 12.0 | 0.65 - 0.75 | 0.7 | Out |
Call | CSIQ250417C00013000 | 10858 | 13.0 | 0.45 - 0.55 | 0.43 | Out |
Call | CSIQ250417C00014000 | 678 | 14.0 | 0.3 - 0.4 | 0.35 | Out |
Call | CSIQ250417C00015000 | 1487 | 15.0 | 0.15 - 0.3 | 0.3 | Out |
Call | CSIQ250417C00016000 | 732 | 16.0 | 0.1 - 0.25 | 0.22 | Out |
Call | CSIQ250417C00017000 | 1133 | 17.0 | 0.05 - 0.2 | 0.31 | Out |
Call | CSIQ250417C00018000 | 330 | 18.0 | 0.0 - 0.45 | 0.1 | Out |
Call | CSIQ250417C00019000 | 298 | 19.0 | 0.0 - 0.6 | 0.28 | Out |
Call | CSIQ250417C00020000 | 172 | 20.0 | 0.05 - 0.3 | 0.15 | Out |
Call | CSIQ250417C00021000 | 87 | 21.0 | 0.0 - 0.75 | 0.1 | Out |
Call | CSIQ250417C00022000 | 109 | 22.0 | 0.05 - 0.8 | 0.2 | Out |
Call | CSIQ250417C00025000 | 189 | 25.0 | 0.05 - 0.65 | 0.12 | Out |
Call | CSIQ250417C00030000 | 21 | 30.0 | 0.0 - 0.15 | 0.05 | Out |
Call | CSIQ250417C00035000 | 23 | 35.0 | 0.05 - 0.1 | 0.05 | Out |
Canadian Solar Corporate Executives
Elected by the shareholders, the Canadian Solar's board of directors comprises two types of representatives: Canadian Solar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Solar's management team and ensure that shareholders' interests are well served. Canadian Solar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Solar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Additional Tools for Canadian Stock Analysis
When running Canadian Solar's price analysis, check to measure Canadian Solar'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 Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.