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 NameCGAU251017P00007500
Expires On2025-10-17
Days Before Expriration87
Vega0.014513
Gamma0.253446
Theoretical Value0.6
Open Interest191
Current Trading Volume8.0
Strike Price7.5
Last Traded At0.6
Current Price Spread0.5 | 0.65
Rule 16 Daily Up or DownUSD 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
Gamma0.253446
Theta-0.003309
Vega0.014513
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  
View All Centerra Gold Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
CGAU251017P00012500012.54.8 - 5.84.8In
 Put
CGAU251017P00010000010.02.3 - 2.82.3In
 Put
CGAU251017P000075001917.50.5 - 0.650.6Out
 Put
CGAU251017P000050007255.00.0 - 0.20.2Out
 Put
CGAU251017P00002500152.50.0 - 0.20.2Out

Centerra Gold Corporate Management

Lisa PEngVice CommunicationsProfile
Claudia OrazioVice President Chief Human Resource OfficerProfile
Helene TimpanoExecutive DevelopmentProfile
Richard ConnorIndependent DirectorProfile
CA BbusVP CFOProfile

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.