CGAU251017P00007500 Option on Centerra Gold
CGAU Stock | USD 7.51 0.51 7.29% |
CGAU251017P00007500 is a PUT option contract on Centerra Gold's common stock with a strick price of 7.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $0.5, and an ask price of $0.65. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on Centerra Gold produce a short position in Centerra Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Centerra Gold's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Centerra Gold will have an average daily up or down price movement of about 0.0265% per day over the life of the option. With Centerra Gold trading at USD 7.51, that is roughly USD 0.00199. If you think that the market is fully understating Centerra Gold's daily price movement you should consider buying Centerra Gold options at that current volatility level of 0.42%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Centerra Gold
An 'Out of The Money' option on Centerra has a strike price that Centerra 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 Centerra Gold's 'Out of The Money' options include buying the options if you expect a big move in Centerra Gold'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 Name | CGAU251017P00007500 |
Expires On | 2025-10-17 |
Days Before Expriration | 87 |
Vega | 0.014513 |
Gamma | 0.253446 |
Theoretical Value | 0.6 |
Open Interest | 191 |
Current Trading Volume | 8.0 |
Strike Price | 7.5 |
Last Traded At | 0.6 |
Current Price Spread | 0.5 | 0.65 |
Rule 16 Daily Up or Down | USD 0.00199 |
Centerra short PUT Option Greeks
Centerra Gold's Option Greeks for the contract ending on 2025-10-17 at a strike price of 7.5 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 Centerra Gold's option greeks, its implied volatility helps estimate the risk of Centerra Gold stock implied by the prices of the options on Centerra Gold's stock.
Delta | -0.448356 | |
Gamma | 0.253446 | |
Theta | -0.003309 | |
Vega | 0.014513 | |
Rho | -0.008021 |
Centerra long PUT Option Payoff at expiration
Put options written on Centerra Gold grant holders of the option the right to sell a specified amount of Centerra Gold 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 Centerra Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Centerra Gold is like buying insurance aginst Centerra Gold's downside shift.
Profit |
Centerra Gold Price At Expiration |
Centerra short PUT Option Payoff at expiration
By selling Centerra Gold's put option, the investors signal their bearish sentiment. A short position in a put option written on Centerra Gold will generally make money when the underlying price is above the strike price. Therefore Centerra Gold's put payoff at expiration depends on where the Centerra Stock price is relative to the put option strike price. The breakeven price of 6.9 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 Centerra Gold's price. Finally, at the strike price of 7.5, the payoff chart is constant and positive.
Profit |
Centerra Gold Price At Expiration |
Centerra Gold Available Put Options
Centerra Gold's option chain is a display of a range of information that helps investors for ways to trade options on Centerra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Centerra. It also shows strike prices and maturity days for a Centerra Gold 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 | |||
Put | CGAU251017P00012500 | 0 | 12.5 | 4.8 - 5.8 | 4.8 | In |
Put | CGAU251017P00010000 | 0 | 10.0 | 2.3 - 2.8 | 2.3 | In |
Put | CGAU251017P00007500 | 191 | 7.5 | 0.5 - 0.65 | 0.6 | Out |
Put | CGAU251017P00005000 | 725 | 5.0 | 0.0 - 0.2 | 0.2 | Out |
Put | CGAU251017P00002500 | 15 | 2.5 | 0.0 - 0.2 | 0.2 | Out |
Centerra Gold Corporate Management
Lisa PEng | Vice Communications | Profile | |
Claudia Orazio | Vice President Chief Human Resource Officer | Profile | |
Helene Timpano | Executive Development | Profile | |
Richard Connor | Independent Director | Profile | |
CA Bbus | VP CFO | Profile |
Additional Tools for Centerra Stock Analysis
When running Centerra Gold's price analysis, check to measure Centerra Gold'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 Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.