CAPL251017P00015000 Option on Crossamerica Partners

CAPL Stock  USD 21.20  0.13  0.62%   
CAPL251017P00015000 is a PUT option contract on Crossamerica Partners' common stock with a strick price of 15.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at an ask price of $2.2. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Crossamerica Partners produce a short position in Crossamerica Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Crossamerica Partners' downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Crossamerica Partners LP will have an average daily up or down price movement of about 0.0592% per day over the life of the option. With Crossamerica Partners trading at USD 21.2, that is roughly USD 0.0126. If you think that the market is fully understating Crossamerica Partners' daily price movement you should consider buying Crossamerica Partners LP options at that current volatility level of 0.95%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Crossamerica Partners

An 'Out of The Money' option on Crossamerica has a strike price that Crossamerica 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 Crossamerica Partners' 'Out of The Money' options include buying the options if you expect a big move in Crossamerica Partners' 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 NameCAPL251017P00015000
Expires On2025-10-17
Days Before Expriration86
Vega0.025638
Gamma0.025268
Theoretical Value1.1
Open Interest1
Strike Price15.0
Current Price Spread0.0 | 2.2
Rule 16 Daily Up or DownUSD 0.0126

Crossamerica short PUT Option Greeks

Crossamerica Partners' Option Greeks for the contract ending on 2025-10-17 at a strike price of 15.0 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 Crossamerica Partners' option greeks, its implied volatility helps estimate the risk of Crossamerica Partners stock implied by the prices of the options on Crossamerica Partners' stock.
Delta-0.166484
Gamma0.025268
Theta-0.014319
Vega0.025638
Rho-0.010957

Crossamerica long PUT Option Payoff at expiration

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

Crossamerica short PUT Option Payoff at expiration

By selling Crossamerica Partners' put option, the investors signal their bearish sentiment. A short position in a put option written on Crossamerica Partners will generally make money when the underlying price is above the strike price. Therefore Crossamerica Partners' put payoff at expiration depends on where the Crossamerica Stock price is relative to the put option strike price. The breakeven price of 13.9 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 Crossamerica Partners' price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
   Profit   
       Crossamerica Partners Price At Expiration  
View All Crossamerica Partners Options

Crossamerica Partners Available Put Options

Crossamerica Partners' option chain is a display of a range of information that helps investors for ways to trade options on Crossamerica. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Crossamerica. It also shows strike prices and maturity days for a Crossamerica Partners 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
CAPL251017P00035000035.012.4 - 16.012.4In
 Put
CAPL251017P00030000130.07.5 - 10.87.5In
 Put
CAPL251017P000250004325.04.0 - 4.44.1In
 Put
CAPL251017P000225001922.50.55 - 3.52.45In
 Put
CAPL251017P000200003620.00.0 - 1.551.55Out
 Put
CAPL251017P00017500017.50.0 - 1.051.05Out
 Put
CAPL251017P00015000115.00.0 - 2.22.2Out
 Put
CAPL251017P00012500012.50.0 - 0.950.95Out

Crossamerica Partners Corporate Management

Jonathan BenfieldPrincipal Financial Officer, Chief Accounting Officer of CrossAmerica GP LLCProfile
Tracy DerstineExecutive ResourcesProfile
David SheafferPrincipal Accounting Officer of CrossAmerica GP LLCProfile
Matthew NaylorSenior RetailProfile
When determining whether Crossamerica Partners is a strong investment it is important to analyze Crossamerica Partners' 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 Crossamerica Partners' future performance. For an informed investment choice regarding Crossamerica Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crossamerica Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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Is Oil & Gas Storage & Transportation 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 Crossamerica Partners. If investors know Crossamerica 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 Crossamerica Partners 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
0.001
Dividend Share
2.1
Earnings Share
0.8
Revenue Per Share
97.11
Quarterly Revenue Growth
(0.09)
The market value of Crossamerica Partners is measured differently than its book value, which is the value of Crossamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Crossamerica Partners' value that differs from its market value or its book value, called intrinsic value, which is Crossamerica Partners' 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 Crossamerica Partners' market value can be influenced by many factors that don't directly affect Crossamerica Partners' 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 Crossamerica Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crossamerica Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crossamerica Partners' 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.