CRK250919C00016000 Option on Comstock Resources

CRK Stock  USD 22.40  0.25  1.13%   
CRK250919C00016000 is a PUT option contract on Comstock Resources' common stock with a strick price of 16.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 69 days remaining before the expiration. The option is currently trading at a bid price of $6.1, and an ask price of $8.0. The implied volatility as of the 12th of July 2025 is 69.0.
When exercised, put options on Comstock Resources produce a short position in Comstock Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Comstock Resources' downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Comstock Resources will have an average daily up or down price movement of about 0.0515% per day over the life of the option. With Comstock Resources trading at USD 22.4, that is roughly USD 0.0115. If you think that the market is fully understating Comstock Resources' daily price movement you should consider buying Comstock Resources options at that current volatility level of 0.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Comstock Resources

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Comstock Resources positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Comstock Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameCRK250919C00016000
Expires On2025-09-19
Days Before Expriration69
Delta0.867311
Vega0.020482
Gamma0.026209
Theoretical Value7.05
Open Interest36
Strike Price16.0
Last Traded At6.15
Current Price Spread6.1 | 8.0
Rule 16 Daily Up or DownUSD 0.0115

Comstock short PUT Option Greeks

Comstock Resources' Option Greeks for the contract ending on 2025-09-19 at a strike price of 16.0 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 Comstock Resources' option greeks, its implied volatility helps estimate the risk of Comstock Resources stock implied by the prices of the options on Comstock Resources' stock.
Delta0.867311
Gamma0.026209
Theta-0.012551
Vega0.020482
Rho0.022138

Comstock long PUT Option Payoff at expiration

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

Comstock short PUT Option Payoff at expiration

By selling Comstock Resources' put option, the investors signal their bearish sentiment. A short position in a put option written on Comstock Resources will generally make money when the underlying price is above the strike price. Therefore Comstock Resources' put payoff at expiration depends on where the Comstock Stock price is relative to the put option strike price. The breakeven price of 23.05 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 Comstock Resources' price. Finally, at the strike price of 16.0, the payoff chart is constant and positive.
   Profit   
       Comstock Resources Price At Expiration  
View All Comstock Resources Options

Comstock Resources Available Call Options

Comstock Resources' option chain is a display of a range of information that helps investors for ways to trade options on Comstock. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Comstock. It also shows strike prices and maturity days for a Comstock Resources 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
CRK250919C00045000045.00.0 - 0.750.75Out
Call
CRK250919C00040000240.00.0 - 0.750.16Out
Call
CRK250919C00038000038.00.0 - 0.750.75Out
Call
CRK250919C00037000137.00.0 - 0.751.35Out
Call
CRK250919C000360006236.00.0 - 0.751.15Out
Call
CRK250919C0003500019335.00.0 - 0.750.25Out
Call
CRK250919C000340002834.00.0 - 0.21.3Out
Call
CRK250919C000330006433.00.05 - 0.451.3Out
Call
CRK250919C000320009032.00.15 - 0.30.25Out
Call
CRK250919C000310008031.00.2 - 0.350.24Out
Call
CRK250919C0003000039930.00.3 - 0.40.35Out
Call
CRK250919C000290009129.00.4 - 1.050.6Out
Call
CRK250919C0002800011628.00.5 - 0.650.5Out
Call
CRK250919C0002700019227.00.7 - 0.850.68Out
Call
CRK250919C000260009726.00.7 - 1.050.8Out
Call
CRK250919C0002500019625.01.15 - 1.351.0Out
Call
CRK250919C0002400014724.01.5 - 1.651.45Out
Call
CRK250919C0002300023423.01.9 - 2.151.99Out
Call
CRK250919C00022000144022.02.35 - 2.52.42In
Call
CRK250919C0002100033521.02.85 - 3.12.62In
Call
CRK250919C0002000066820.03.5 - 3.73.5In
Call
CRK250919C000190009719.04.2 - 4.410.0In
Call
CRK250919C000180005718.04.9 - 5.213.0In
Call
CRK250919C000170006117.05.5 - 6.011.45In
Call
CRK250919C000160003616.06.1 - 8.06.15In
Call
CRK250919C000150009415.07.1 - 8.110.63In
Call
CRK250919C000130006013.09.3 - 10.99.3In
Call
CRK250919C000110001011.011.1 - 13.012.2In
Call
CRK250919C0000600016.016.0 - 18.116.0In
When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Exploration & Production 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 Comstock Resources. If investors know Comstock 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 Comstock Resources 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
(0.79)
Earnings Share
(1.13)
Revenue Per Share
4.935
Quarterly Revenue Growth
0.527
Return On Assets
(0)
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' 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.