URNM250417P00030000 Option on Sprott Uranium Miners

URNM Etf  USD 40.59  0.83  2.00%   
URNM250417P00030000 is a PUT option contract on Sprott Uranium's common stock with a strick price of 30.0 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 an ask price of $1.75. 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 0.0437% per day over the life of the option. With Sprott Uranium trading at USD 40.59, that is roughly USD 0.0177. 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 0.7%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Sprott Uranium

An 'Out of The Money' option on Sprott has a strike price that Sprott Etf 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 Sprott Uranium's 'Out of The Money' options include buying the options if you expect a big move in Sprott Uranium'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 NameURNM250417P00030000
Expires On2025-04-17
Days Before Expriration75
Vega0.037297
Gamma0.014778
Theoretical Value0.88
Open Interest10
Strike Price30.0
Last Traded At0.26
Current Price Spread0.0 | 1.75
Rule 16 Daily Up or DownUSD 0.0177

Sprott short PUT Option Greeks

Sprott Uranium's Option Greeks for the contract ending on 2025-04-17 at a strike price of 30.0 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.
Delta-0.116632
Gamma0.014778
Theta-0.016284
Vega0.037297
Rho-0.010974

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 29.12 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 30.0, the payoff chart is constant and positive.
   Profit   
       Sprott Uranium Price At Expiration  
View All Sprott Uranium Options

Sprott Uranium Miners Available Put 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
 Put
URNM250417P00020000120.00.0 - 1.750.24Out
 Put
URNM250417P000300001030.00.0 - 1.750.26Out
 Put
URNM250417P00031000131.00.0 - 2.30.95Out
 Put
URNM250417P000320007532.00.05 - 1.050.15Out
 Put
URNM250417P000330003433.00.1 - 0.60.39Out
 Put
URNM250417P000340002234.00.0 - 0.80.42Out
 Put
URNM250417P0003500035635.00.25 - 1.00.75Out
 Put
URNM250417P00036000336.00.0 - 1.251.1Out
 Put
URNM250417P000370004437.00.5 - 2.151.63Out
 Put
URNM250417P000380005338.01.1 - 1.551.5Out
 Put
URNM250417P000390002239.01.25 - 5.01.5Out
 Put
URNM250417P0004000055240.01.8 - 2.32.12Out
 Put
URNM250417P000410001841.01.6 - 5.02.8Out
 Put
URNM250417P000420002142.01.7 - 3.53.5In
 Put
URNM250417P000430001043.02.2 - 5.44.2In
 Put
URNM250417P000440001044.03.8 - 6.22.4In
 Put
URNM250417P000450007545.04.2 - 5.46.45In
 Put
URNM250417P000460001846.04.0 - 7.46.52In
 Put
URNM250417P000470002747.05.7 - 7.17.8In
 Put
URNM250417P00048000448.06.1 - 8.44.29In
 Put
URNM250417P00049000549.06.7 - 9.46.8In
 Put
URNM250417P000500003450.07.8 - 10.06.87In
 Put
URNM250417P00051000551.08.6 - 11.07.29In
 Put
URNM250417P00054000154.010.6 - 14.714.2In
 Put
URNM250417P00055000055.011.7 - 15.711.7In
 Put
URNM250417P00056000056.013.0 - 16.613.0In
 Put
URNM250417P00057000057.014.0 - 17.415.2In
 Put
URNM250417P00058000058.015.0 - 18.615.0In
 Put
URNM250417P00059000059.016.2 - 19.017.2In
 Put
URNM250417P00060000060.017.2 - 20.610.5In
 Put
URNM250417P00065000065.021.9 - 25.621.9In
 Put
URNM250417P00070000070.026.6 - 30.626.6In
 Put
URNM250417P00075000075.031.6 - 35.631.6In
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.