Clearwater Paper Stock Options

CLW Stock  USD 28.01  1.08  3.71%   
Clearwater Paper's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.67 with a put-to-call open interest ratio of 0.08 over 18 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on October 17th 2025.

Open Interest Against October 17th 2025 Option Contracts

Clearwater Paper option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Clearwater Paper's lending market. For example, when Clearwater Paper's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Clearwater Paper, he or she must hedge the risk by shorting Clearwater Paper stock over its option's life.
The chart above shows Clearwater Paper's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Clearwater Paper's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Clearwater Paper's option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on Clearwater Paper

Analyzing Clearwater Paper's in-the-money options over time can help investors to take a profitable long position in Clearwater Paper regardless of its overall volatility. This is especially true when Clearwater Paper's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Clearwater Paper's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Clearwater Paper's stock while costing only a fraction of its price.

Clearwater Paper In The Money Call Balance

When Clearwater Paper's strike price is surpassing the current stock price, the option contract against Clearwater Paper stock is said to be in the money. When it comes to buying Clearwater Paper's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Clearwater Paper are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Clearwater Current Options Market Mood

Clearwater Paper's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Clearwater Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Clearwater Paper's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Clearwater Paper's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Clearwater contract

Base on the Rule 16, the options market is currently suggesting that Clearwater Paper will have an average daily up or down price movement of about 0.0419% per day over the life of the 2025-10-17 option contract. With Clearwater Paper trading at USD 28.01, that is roughly USD 0.0117. If you think that the market is fully incorporating Clearwater Paper's daily price movement you should consider buying Clearwater Paper options at the current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Clearwater Paper options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Clearwater calls. Remember, the seller must deliver Clearwater Paper stock to the call owner when a call is exercised.

Clearwater Paper Option Chain

When Clearwater Paper's strike price is surpassing the current stock price, the option contract against Clearwater Paper stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Clearwater Paper's option chain is a display of a range of information that helps investors for ways to trade options on Clearwater. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Clearwater. It also shows strike prices and maturity days for a Clearwater Paper 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
CLW251017C000400002240.00.0 - 0.70.35Out
Call
CLW251017C0003500018135.00.7 - 0.90.75Out
Call
CLW251017C000300001230.01.65 - 2.21.85Out
Call
CLW251017C000250001025.03.0 - 6.16.3In
Call
CLW251017C00022500022.54.8 - 8.04.8In
Call
CLW251017C00020000020.06.8 - 10.36.8In
Call
CLW251017C00017500017.510.0 - 12.410.0In
Call
CLW251017C00015000015.011.8 - 15.411.8In
Call
CLW251017C00012500012.514.3 - 17.814.3In
 Put
CLW251017P00040000040.010.7 - 13.510.7In
 Put
CLW251017P00035000035.05.6 - 9.05.6In
 Put
CLW251017P00030000030.02.2 - 4.82.2In
 Put
CLW251017P000250001525.00.1 - 2.51.3Out
 Put
CLW251017P00022500122.50.0 - 1.41.4Out
 Put
CLW251017P00020000120.00.0 - 1.650.6Out
 Put
CLW251017P00017500017.50.0 - 1.151.15Out
 Put
CLW251017P00015000015.00.0 - 0.750.75Out
 Put
CLW251017P00012500012.50.0 - 0.40.4Out

Clearwater Paper Market Cap Over Time

   Market Cap   
       Timeline  

Clearwater Total Stockholder Equity

Total Stockholder Equity

543.16 Million

At this time, Clearwater Paper's Total Stockholder Equity is fairly stable compared to the past year.

Clearwater Paper Corporate Directors

Kevin HuntIndependent DirectorProfile
Joe LaymonIndependent DirectorProfile
Ann NelsonIndependent DirectorProfile
John CorkreanIndependent DirectorProfile

Additional Tools for Clearwater Stock Analysis

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