Sprott Uranium Stock Options
URNM Etf | USD 41.83 0.72 1.75% |
Sprott Uranium's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 0.22 over 63 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on April 17th 2025. The total put volume is at 35.0, with calls trading at the volume of 24.0. This yields a 1.46 put-to-call volume ratio.
Open Interest Against April 17th 2025 Option Contracts
2025-04-17
The chart above shows Sprott Uranium's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Sprott Uranium's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Sprott Uranium's option, there is no secondary market available for investors to trade.
Sprott Uranium Maximum Pain Price Across 2025-04-17 Option Contracts
Max pain occurs when Sprott Uranium's market makers reach a net positive position across all Sprott Uranium's options at a strike price where option holders stand to lose the most money. By contrast, Sprott Uranium's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Sprott Uranium
Analyzing Sprott Uranium's in-the-money options over time can help investors to take a profitable long position in Sprott Uranium regardless of its overall volatility. This is especially true when Sprott Uranium's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Sprott Uranium's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Sprott Uranium's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Sprott Uranium lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Sprott Uranium's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Sprott Uranium contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Sprott Etf moves the wrong way.
Sprott Uranium Miners In The Money Call Balance
When Sprott Uranium's strike price is surpassing the current stock price, the option contract against Sprott Uranium Miners stock is said to be in the money. When it comes to buying Sprott Uranium's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Sprott Uranium Miners are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Sprott Current Options Market Mood
Sprott Uranium's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Sprott Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Using current Sprott Uranium's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Sprott contract
Base on the Rule 16, the options market is currently suggesting that Sprott Uranium Miners will have an average daily up or down price movement of about 0.0288% per day over the life of the 2025-04-17 option contract. With Sprott Uranium trading at USD 41.83, that is roughly USD 0.012. If you think that the market is fully incorporating Sprott Uranium's daily price movement you should consider buying Sprott Uranium Miners options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sprott |
Purchasing Sprott Uranium options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Sprott calls. Remember, the seller must deliver Sprott Uranium Miners stock to the call owner when a call is exercised.
Sprott Uranium Option Chain
When Sprott Uranium's strike price is surpassing the current stock price, the option contract against Sprott Uranium Miners stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Sprott Uranium's option chain is a display of a range of information that helps investors for ways to trade options on Sprott. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sprott. It also shows strike prices and maturity days for a Sprott Uranium 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 | URNM250417C00020000 | 2 | 20.0 | 20.1 - 24.2 | 32.32 | In |
Call | URNM250417C00030000 | 1 | 30.0 | 11.6 - 14.9 | 11.61 | In |
Call | URNM250417C00034000 | 4 | 34.0 | 7.6 - 9.9 | 8.67 | In |
Call | URNM250417C00035000 | 3 | 35.0 | 7.4 - 8.5 | 10.52 | In |
Call | URNM250417C00036000 | 1 | 36.0 | 5.1 - 9.3 | 5.88 | In |
Call | URNM250417C00037000 | 9 | 37.0 | 5.9 - 8.1 | 6.0 | In |
Call | URNM250417C00039000 | 12 | 39.0 | 3.4 - 4.9 | 4.3 | In |
Call | URNM250417C00040000 | 74 | 40.0 | 4.0 - 4.3 | 4.15 | In |
Call | URNM250417C00041000 | 139 | 41.0 | 3.3 - 4.8 | 5.4 | In |
Call | URNM250417C00042000 | 41 | 42.0 | 0.75 - 3.2 | 3.03 | Out |
Call | URNM250417C00043000 | 18 | 43.0 | 1.55 - 5.0 | 2.39 | Out |
Call | URNM250417C00044000 | 28 | 44.0 | 0.25 - 5.0 | 2.45 | Out |
Call | URNM250417C00045000 | 108 | 45.0 | 1.75 - 2.0 | 2.05 | Out |
Call | URNM250417C00046000 | 145 | 46.0 | 1.5 - 1.65 | 1.65 | Out |
Call | URNM250417C00047000 | 166 | 47.0 | 0.0 - 2.9 | 1.4 | Out |
Call | URNM250417C00048000 | 66 | 48.0 | 1.05 - 1.2 | 1.2 | Out |
Call | URNM250417C00049000 | 35 | 49.0 | 0.9 - 1.05 | 1.05 | Out |
Call | URNM250417C00050000 | 300 | 50.0 | 0.75 - 0.9 | 0.8 | Out |
Call | URNM250417C00051000 | 1129 | 51.0 | 0.6 - 0.75 | 0.63 | Out |
Call | URNM250417C00052000 | 54 | 52.0 | 0.0 - 1.65 | 0.65 | Out |
Call | URNM250417C00053000 | 58 | 53.0 | 0.0 - 0.6 | 0.51 | Out |
Call | URNM250417C00054000 | 46 | 54.0 | 0.3 - 0.5 | 0.45 | Out |
Call | URNM250417C00055000 | 1575 | 55.0 | 0.25 - 0.45 | 0.39 | Out |
Call | URNM250417C00056000 | 1006 | 56.0 | 0.2 - 0.4 | 0.38 | Out |
Call | URNM250417C00057000 | 7 | 57.0 | 0.15 - 0.35 | 0.26 | Out |
Call | URNM250417C00058000 | 1 | 58.0 | 0.1 - 0.3 | 0.62 | Out |
Call | URNM250417C00059000 | 14 | 59.0 | 0.05 - 1.8 | 0.51 | Out |
Call | URNM250417C00060000 | 552 | 60.0 | 0.05 - 0.3 | 0.2 | Out |
Call | URNM250417C00065000 | 54 | 65.0 | 0.0 - 0.25 | 0.2 | Out |
Call | URNM250417C00070000 | 29 | 70.0 | 0.0 - 2.0 | 0.8 | Out |
Call | URNM250417C00075000 | 0 | 75.0 | 0.0 - 2.15 | 2.15 | |
Put | URNM250417P00020000 | 1 | 20.0 | 0.0 - 0.75 | 0.24 | Out |
Put | URNM250417P00030000 | 10 | 30.0 | 0.05 - 0.25 | 0.26 | Out |
Put | URNM250417P00031000 | 1 | 31.0 | 0.05 - 0.7 | 0.95 | Out |
Put | URNM250417P00032000 | 75 | 32.0 | 0.0 - 0.5 | 0.68 | Out |
Put | URNM250417P00033000 | 8 | 33.0 | 0.0 - 0.4 | 0.37 | Out |
Put | URNM250417P00034000 | 13 | 34.0 | 0.35 - 0.5 | 0.62 | Out |
Put | URNM250417P00035000 | 345 | 35.0 | 0.5 - 0.65 | 1.01 | Out |
Put | URNM250417P00037000 | 14 | 37.0 | 0.85 - 1.05 | 0.81 | Out |
Put | URNM250417P00038000 | 43 | 38.0 | 1.15 - 1.3 | 1.05 | Out |
Put | URNM250417P00039000 | 12 | 39.0 | 1.45 - 1.6 | 1.5 | Out |
Put | URNM250417P00040000 | 531 | 40.0 | 1.85 - 2.0 | 2.25 | Out |
Put | URNM250417P00041000 | 6 | 41.0 | 2.3 - 2.45 | 2.25 | Out |
Put | URNM250417P00042000 | 21 | 42.0 | 2.75 - 2.95 | 3.5 | Out |
Put | URNM250417P00043000 | 7 | 43.0 | 3.3 - 3.6 | 3.33 | In |
Put | URNM250417P00044000 | 9 | 44.0 | 3.9 - 4.2 | 5.35 | In |
Put | URNM250417P00045000 | 59 | 45.0 | 4.6 - 4.8 | 4.6 | In |
Put | URNM250417P00046000 | 18 | 46.0 | 3.7 - 6.9 | 6.52 | In |
Put | URNM250417P00047000 | 17 | 47.0 | 6.0 - 6.3 | 7.0 | In |
Put | URNM250417P00048000 | 4 | 48.0 | 6.8 - 7.1 | 4.29 | In |
Put | URNM250417P00049000 | 5 | 49.0 | 7.5 - 8.0 | 6.8 | In |
Put | URNM250417P00050000 | 34 | 50.0 | 8.5 - 8.9 | 6.87 | In |
Put | URNM250417P00051000 | 5 | 51.0 | 9.3 - 10.1 | 7.29 | In |
Put | URNM250417P00054000 | 1 | 54.0 | 11.4 - 13.0 | 14.2 | In |
Put | URNM250417P00055000 | 0 | 55.0 | 12.2 - 14.5 | 12.2 | In |
Put | URNM250417P00056000 | 0 | 56.0 | 13.3 - 15.5 | 13.3 | In |
Put | URNM250417P00057000 | 0 | 57.0 | 14.2 - 16.1 | 14.2 | In |
Put | URNM250417P00058000 | 0 | 58.0 | 15.2 - 18.1 | 15.2 | In |
Put | URNM250417P00059000 | 0 | 59.0 | 16.1 - 18.1 | 16.1 | In |
Put | URNM250417P00060000 | 0 | 60.0 | 17.2 - 19.1 | 10.5 | In |
Put | URNM250417P00065000 | 0 | 65.0 | 22.1 - 24.1 | 22.1 | In |
Put | URNM250417P00070000 | 0 | 70.0 | 27.1 - 29.9 | 27.1 | In |
Put | URNM250417P00075000 | 0 | 75.0 | 32.0 - 34.8 | 32.0 | In |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Uranium Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Sprott Uranium Miners is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Uranium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Uranium'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 Sprott Uranium's market value can be influenced by many factors that don't directly affect Sprott Uranium'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 Sprott Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Uranium'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.