CIFR251017C00010000 Option on Cipher Mining

CIFR Stock  USD 6.94  0.69  11.04%   
CIFR251017C00010000 is a PUT option contract on Cipher Mining's common stock with a strick price of 10.0 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 a bid price of $0.99, and an ask price of $1.11. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Cipher Mining produce a short position in Cipher Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Cipher Mining's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Cipher Mining will have an average daily up or down price movement of about 0.0896% per day over the life of the option. With Cipher Mining trading at USD 6.94, that is roughly USD 0.006219. If you think that the market is fully understating Cipher Mining's daily price movement you should consider buying Cipher Mining options at that current volatility level of 1.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Cipher Mining

An 'Out of The Money' option on Cipher has a strike price that Cipher 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 Cipher Mining's 'Out of The Money' options include buying the options if you expect a big move in Cipher Mining'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 NameCIFR251017C00010000
Expires On2025-10-17
Days Before Expriration86
Delta0.437578
Vega0.013351
Gamma0.081122
Theoretical Value1.1
Open Interest2614
Current Trading Volume6822.0
Strike Price10.0
Last Traded At1.1
Current Price Spread0.99 | 1.11
Rule 16 Daily Up or DownUSD 0.006219

Cipher short PUT Option Greeks

Cipher Mining's Option Greeks for the contract ending on 2025-10-17 at a strike price of 10.0 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 Cipher Mining's option greeks, its implied volatility helps estimate the risk of Cipher Mining stock implied by the prices of the options on Cipher Mining's stock.
Delta0.437578
Gamma0.081122
Theta-0.011232
Vega0.013351
Rho0.004617

Cipher long PUT Option Payoff at expiration

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

Cipher short PUT Option Payoff at expiration

By selling Cipher Mining's put option, the investors signal their bearish sentiment. A short position in a put option written on Cipher Mining will generally make money when the underlying price is above the strike price. Therefore Cipher Mining's put payoff at expiration depends on where the Cipher Stock price is relative to the put option strike price. The breakeven price of 11.1 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 Cipher Mining's price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
   Profit   
       Cipher Mining Price At Expiration  
View All Cipher Mining Options

Cipher Mining Available Call Options

Cipher Mining's option chain is a display of a range of information that helps investors for ways to trade options on Cipher. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cipher. It also shows strike prices and maturity days for a Cipher Mining 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
CIFR251017C00015000382415.00.3 - 0.690.68Out
Call
CIFR251017C00012000470912.00.81 - 0.870.88Out
Call
CIFR251017C00011000137611.00.83 - 1.060.86Out
Call
CIFR251017C00010000261410.00.99 - 1.111.1Out
Call
CIFR251017C000090006619.01.18 - 1.311.2Out
Call
CIFR251017C0000800014918.01.35 - 1.511.4Out
Call
CIFR251017C0000700048597.01.69 - 1.751.7Out
Call
CIFR251017C0000600031946.01.99 - 2.142.09In
Call
CIFR251017C0000500012895.02.59 - 2.722.65In
Call
CIFR251017C0000400022274.03.15 - 3.353.42In
Call
CIFR251017C000030003423.03.9 - 4.154.05In
Call
CIFR251017C000020002682.04.9 - 5.14.45In
Call
CIFR251017C00001000691.05.85 - 6.055.9In

Cipher Mining Corporate Management

Additional Tools for Cipher Stock Analysis

When running Cipher Mining's price analysis, check to measure Cipher Mining'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 Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.