SSRM250321P00006000 Option on SSR Mining

SSRM Stock  USD 10.23  0.27  2.57%   
SSRM250321P00006000 is a PUT option contract on SSR Mining's common stock with a strick price of 6.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 24 days remaining before the expiration. The option is currently trading at an ask price of $0.2. The implied volatility as of the 25th of February is 24.0.
  
When exercised, put options on SSR Mining produce a short position in SSR Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SSR Mining's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that SSR Mining will have an average daily up or down price movement of about 0.0793% per day over the life of the option. With SSR Mining trading at USD 10.23, that is roughly USD 0.008114. If you think that the market is fully understating SSR Mining's daily price movement you should consider buying SSR Mining options at that current volatility level of 1.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on SSR Mining

An 'Out of The Money' option on SSR has a strike price that SSR 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 SSR Mining's 'Out of The Money' options include buying the options if you expect a big move in SSR Mining'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.
Put Contract NameSSRM250321P00006000
Expires On2025-03-21
Days Before Expriration24
Vega0.001988
Gamma0.020855
Theoretical Value0.05
Open Interest355
Current Trading Volume10.0
Strike Price6.0
Last Traded At0.05
Current Price Spread0.0 | 0.2
Rule 16 Daily Up or DownUSD 0.008114

SSR short PUT Option Greeks

SSR Mining's Option Greeks for the contract ending on 2025-03-21 at a strike price of 6.0 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 SSR Mining's option greeks, its implied volatility helps estimate the risk of SSR Mining stock implied by the prices of the options on SSR Mining's stock.
Delta-0.032424
Gamma0.020855
Theta-0.005026
Vega0.001988
Rho-2.49E-4

SSR long PUT Option Payoff at expiration

Put options written on SSR Mining grant holders of the option the right to sell a specified amount of SSR Mining 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 SSR Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on SSR Mining is like buying insurance aginst SSR Mining's downside shift.
   Profit   
Break Even 5.95Strike Price 6Current Price 10.23100%
       SSR Mining Price At Expiration  

SSR short PUT Option Payoff at expiration

By selling SSR Mining's put option, the investors signal their bearish sentiment. A short position in a put option written on SSR Mining will generally make money when the underlying price is above the strike price. Therefore SSR Mining's put payoff at expiration depends on where the SSR Stock price is relative to the put option strike price. The breakeven price of 5.95 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 SSR Mining's price. Finally, at the strike price of 6.0, the payoff chart is constant and positive.
   Profit   
Break Even 5.95Strike Price 6Current Price 10.23100%
       SSR Mining Price At Expiration  
View All SSR Mining Options

SSR Mining Available Put Options

SSR Mining's option chain is a display of a range of information that helps investors for ways to trade options on SSR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SSR. It also shows strike prices and maturity days for a SSR Mining 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
 Put
SSRM250417P00009000409.00.25 - 0.350.27Out
 Put
SSRM250417P000100001310.00.6 - 0.70.72Out
 Put
SSRM250417P00011000011.01.1 - 1.151.1In
 Put
SSRM250417P00012000112.01.8 - 1.91.92In
 Put
SSRM250417P00013000013.02.6 - 2.752.6In
 Put
SSRM250417P00014000014.03.5 - 4.33.5In
 Put
SSRM250417P00015000015.04.5 - 4.74.5In
 Put
SSRM250417P00016000016.04.7 - 6.34.7In
 Put
SSRM250417P00017000017.06.4 - 7.46.4In
 Put
SSRM250417P00020000020.09.4 - 10.49.4In

SSR Mining Corporate Management

Susan GehoskiVice ResourcesProfile
Alex HunchakDirector RelationsProfile
BSc BScEx COOProfile
Joanne ThomopoulosExecutive ResourcesProfile
Accountancy BBusCEO PresProfile
Finance BComExecutive OfficerProfile
When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Metals & Mining 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 SSR Mining. If investors know SSR 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 SSR Mining 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
(0.29)
Earnings Share
(1.29)
Revenue Per Share
4.923
Quarterly Revenue Growth
(0.24)
Return On Assets
0.0113
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining's 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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining's 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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining's 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.

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