CNM250919P00057500 Option on Core Main

CNM Stock  USD 62.33  0.49  0.79%   
CNM250919P00057500 is a PUT option contract on Core Main's common stock with a strick price of 57.5 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 76 days remaining before the expiration. The option is currently trading at an ask price of $1.9. The implied volatility as of the 5th of July is 76.0.
When exercised, put options on Core Main produce a short position in Core Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Core Main's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Core Main will have an average daily up or down price movement of about 0.0162% per day over the life of the option. With Core Main trading at USD 62.33, that is roughly USD 0.0101. If you think that the market is fully understating Core Main's daily price movement you should consider buying Core Main options at that current volatility level of 0.26%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Core Main

An 'Out of The Money' option on Core has a strike price that Core 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 Core Main's 'Out of The Money' options include buying the options if you expect a big move in Core Main'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 NameCNM250919P00057500
Expires On2025-09-19
Days Before Expriration76
Vega0.083561
Gamma0.03918
Theoretical Value0.95
Open Interest34
Strike Price57.5
Last Traded At2.35
Current Price Spread0.0 | 1.9
Rule 16 Daily Up or DownUSD 0.0101

Core short PUT Option Greeks

Core Main's Option Greeks for the contract ending on 2025-09-19 at a strike price of 57.5 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 Core Main's option greeks, its implied volatility helps estimate the risk of Core Main stock implied by the prices of the options on Core Main's stock.
Delta-0.212576
Gamma0.03918
Theta-0.012433
Vega0.083561
Rho-0.02674

Core long PUT Option Payoff at expiration

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

Core short PUT Option Payoff at expiration

By selling Core Main's put option, the investors signal their bearish sentiment. A short position in a put option written on Core Main will generally make money when the underlying price is above the strike price. Therefore Core Main's put payoff at expiration depends on where the Core Stock price is relative to the put option strike price. The breakeven price of 56.55 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 Core Main's price. Finally, at the strike price of 57.5, the payoff chart is constant and positive.
   Profit   
       Core Main Price At Expiration  
View All Core Main Options

Core Main Available Put Options

Core Main's option chain is a display of a range of information that helps investors for ways to trade options on Core. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Core. It also shows strike prices and maturity days for a Core Main 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
CNM250919P00035000135.00.0 - 1.751.75Out
 Put
CNM250919P00037500137.50.0 - 1.351.35Out
 Put
CNM250919P00042500542.50.0 - 1.150.34Out
 Put
CNM250919P000450003845.00.0 - 2.20.6Out
 Put
CNM250919P00047500647.50.0 - 1.80.95Out
 Put
CNM250919P000500001350.00.0 - 1.30.75Out
 Put
CNM250919P000525006152.50.0 - 2.251.1Out
 Put
CNM250919P000550003955.00.0 - 1.41.3Out
 Put
CNM250919P000575003457.50.0 - 1.92.35Out
 Put
CNM250919P000600003960.01.8 - 2.63.1Out
 Put
CNM250919P000625002062.52.85 - 3.73.9Out
 Put
CNM250919P000650003665.04.3 - 5.15.2In
 Put
CNM250919P00067500067.55.8 - 7.25.8In
 Put
CNM250919P00070000070.07.3 - 9.97.3In
 Put
CNM250919P00075000075.011.6 - 14.211.6In
 Put
CNM250919P00080000080.016.1 - 19.816.1In
 Put
CNM250919P00085000085.021.0 - 24.821.0In

Core Main Corporate Management

Ian RorickDirectorProfile
Dennis GipsonIndependent DirectorProfile
Laura SchneiderChief Human Resource OfficerProfile
Mark WhittenburgGeneral Counsel, Company SecretaryProfile
James CastellanoIndependent DirectorProfile
Nathan SleeperDirectorProfile
Robyn BradburyAnalysis PlanningProfile
When determining whether Core Main is a strong investment it is important to analyze Core Main's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Core Main's future performance. For an informed investment choice regarding Core Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Core Main. If investors know Core will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Core Main listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.06
Earnings Share
2.16
Revenue Per Share
39.844
Quarterly Revenue Growth
0.098
Return On Assets
0.0733
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Core Main's market value can be influenced by many factors that don't directly affect Core Main's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.