CBU250815C00065000 Option on Community Bank System

CBU Stock  USD 55.07  2.85  4.92%   
CBU250815C00065000 is a PUT option contract on Community Bank's common stock with a strick price of 65.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 23 days remaining before the expiration. The option is currently trading at an ask price of $4.8. The implied volatility as of the 23rd of July is 23.0.
When exercised, put options on Community Bank produce a short position in Community Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Community Bank's downside price movement.

Rule 16 of 2025-08-15 Option Contract

The options market is anticipating that Community Bank System will have an average daily up or down price movement of about 0.0599% per day over the life of the option. With Community Bank trading at USD 55.07, that is roughly USD 0.033. If you think that the market is fully understating Community Bank's daily price movement you should consider buying Community Bank System options at that current volatility level of 0.96%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Community Bank

An 'Out of The Money' option on Community has a strike price that Community 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 Community Bank's 'Out of The Money' options include buying the options if you expect a big move in Community Bank'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.
Call Contract NameCBU250815C00065000
Expires On2025-08-15
Days Before Expriration23
Delta0.308858
Vega0.050313
Gamma0.025666
Theoretical Value2.4
Open Interest27
Strike Price65.0
Current Price Spread0.0 | 4.8
Rule 16 Daily Up or DownUSD 0.033

Community short PUT Option Greeks

Community Bank's Option Greeks for the contract ending on 2025-08-15 at a strike price of 65.0 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 Community Bank's option greeks, its implied volatility helps estimate the risk of Community Bank stock implied by the prices of the options on Community Bank's stock.
Delta0.308858
Gamma0.025666
Theta-0.10072
Vega0.050313
Rho0.00954

Community long PUT Option Payoff at expiration

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

Community short PUT Option Payoff at expiration

By selling Community Bank's put option, the investors signal their bearish sentiment. A short position in a put option written on Community Bank will generally make money when the underlying price is above the strike price. Therefore Community Bank's put payoff at expiration depends on where the Community Stock price is relative to the put option strike price. The breakeven price of 67.4 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 Community Bank's price. Finally, at the strike price of 65.0, the payoff chart is constant and positive.
   Profit   
       Community Bank Price At Expiration  
View All Community Bank Options

Community Bank System Available Call Options

Community Bank's option chain is a display of a range of information that helps investors for ways to trade options on Community. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Community. It also shows strike prices and maturity days for a Community Bank 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
CBU250919C00080000080.00.0 - 4.84.8Out
Call
CBU250919C00075000075.00.0 - 4.84.8Out
Call
CBU250919C00070000070.00.0 - 4.84.8Out
Call
CBU250919C00065000065.00.0 - 4.84.8Out
Call
CBU250919C00060000660.00.45 - 1.51.0Out
Call
CBU250919C00055000055.00.8 - 5.70.8In
Call
CBU250919C00050000050.04.5 - 9.54.5In
Call
CBU250919C00045000045.09.0 - 14.09.0In
Call
CBU250919C00040000040.014.0 - 18.514.0In
Call
CBU250919C00035000035.019.0 - 23.419.0In

Community Bank Corporate Directors

Eric StickelsIndependent DirectorProfile
John WhippleLead Independent DirectorProfile
Brian AceIndependent DirectorProfile
Raymond PecorIndependent DirectorProfile

Additional Tools for Community Stock Analysis

When running Community Bank's price analysis, check to measure Community Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Community Bank is operating at the current time. Most of Community Bank's value examination focuses on studying past and present price action to predict the probability of Community Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Bank's price. Additionally, you may evaluate how the addition of Community Bank to your portfolios can decrease your overall portfolio volatility.