URNM250417C00020000 Option on Sprott Uranium Miners

URNM Etf  USD 40.59  0.83  2.00%   
URNM250417C00020000 is a PUT option contract on Sprott Uranium's common stock with a strick price of 20.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 75 days remaining before the expiration. The option is currently trading at a bid price of $20.6, and an ask price of $23.6. The implied volatility as of the 1st of February is 75.0.
  
When exercised, put options on Sprott Uranium produce a short position in Sprott Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Sprott Uranium's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Sprott Uranium Miners will have an average daily up or down price movement of about 0.0701% per day over the life of the option. With Sprott Uranium trading at USD 40.59, that is roughly USD 0.0285. If you think that the market is fully understating Sprott Uranium's daily price movement you should consider buying Sprott Uranium Miners options at that current volatility level of 1.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Sprott Uranium

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 Sprott Uranium 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 Sprott Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameURNM250417C00020000
Expires On2025-04-17
Days Before Expriration75
Delta0.954401
Vega0.018228
Gamma0.004489
Theoretical Value22.1
Open Interest2
Strike Price20.0
Last Traded At32.32
Current Price Spread20.6 | 23.6
Rule 16 Daily Up or DownUSD 0.0285

Sprott short PUT Option Greeks

Sprott Uranium's Option Greeks for the contract ending on 2025-04-17 at a strike price of 20.0 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 Sprott Uranium's option greeks, its implied volatility helps estimate the risk of Sprott Uranium stock implied by the prices of the options on Sprott Uranium's stock.
Delta0.954401
Gamma0.004489
Theta-0.015401
Vega0.018228
Rho0.036773

Sprott long PUT Option Payoff at expiration

Put options written on Sprott Uranium grant holders of the option the right to sell a specified amount of Sprott Uranium 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 Sprott Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sprott Uranium is like buying insurance aginst Sprott Uranium's downside shift.
   Profit   
       Sprott Uranium Price At Expiration  

Sprott short PUT Option Payoff at expiration

By selling Sprott Uranium's put option, the investors signal their bearish sentiment. A short position in a put option written on Sprott Uranium will generally make money when the underlying price is above the strike price. Therefore Sprott Uranium's put payoff at expiration depends on where the Sprott Etf price is relative to the put option strike price. The breakeven price of 42.1 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 Sprott Uranium's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
   Profit   
       Sprott Uranium Price At Expiration  
View All Sprott Uranium Options

Sprott Uranium Miners Available Call Options

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 IntStrike PriceCurrent SpreadLast Price
Call
URNM250417C00020000220.020.6 - 23.632.32In
Call
URNM250417C00030000130.010.1 - 13.911.61In
Call
URNM250417C000350001335.06.6 - 9.06.0In
Call
URNM250417C00036000136.05.5 - 8.35.88In
Call
URNM250417C000370001937.04.7 - 7.28.8In
Call
URNM250417C000390001939.03.6 - 4.74.8In
Call
URNM250417C000400009640.02.7 - 4.14.0In
Call
URNM250417C0004100013241.01.85 - 3.53.15In
Call
URNM250417C000420004542.00.5 - 3.02.95Out
Call
URNM250417C000430002443.00.95 - 2.61.82Out
Call
URNM250417C00044000104944.01.05 - 2.32.02Out
Call
URNM250417C0004500014645.00.0 - 1.81.8Out
Call
URNM250417C0004600015146.00.1 - 1.51.08Out
Call
URNM250417C0004700032047.00.0 - 1.31.27Out
Call
URNM250417C000480008948.00.35 - 1.10.75Out
Call
URNM250417C000490003649.00.5 - 0.851.6Out
Call
URNM250417C0005000024250.00.4 - 0.750.7Out
Call
URNM250417C00051000117051.00.0 - 0.650.45Out
Call
URNM250417C000520005552.00.15 - 2.050.62Out
Call
URNM250417C000530005753.00.1 - 1.00.3Out
Call
URNM250417C000540005554.00.0 - 1.90.25Out
Call
URNM250417C00055000156355.00.0 - 0.30.25Out
Call
URNM250417C00056000101356.00.15 - 0.250.15Out
Call
URNM250417C00057000757.00.0 - 0.750.26Out
Call
URNM250417C00058000158.00.05 - 0.450.62Out
Call
URNM250417C000590001459.00.0 - 2.20.51Out
Call
URNM250417C0006000055260.00.0 - 0.250.25Out
Call
URNM250417C000650005665.00.0 - 1.00.1Out
Call
URNM250417C000700002970.00.0 - 2.150.8Out
Call
URNM250417C00075000075.00.0 - 2.152.15Out
When determining whether Sprott Uranium Miners is a strong investment it is important to analyze Sprott Uranium'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 Sprott Uranium's future performance. For an informed investment choice regarding Sprott Etf, refer to the following important reports:
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.