CRK250919P00024000 Option on Comstock Resources

CRK Stock  USD 23.26  0.08  0.34%   
CRK250919P00024000 is a PUT option contract on Comstock Resources' common stock with a strick price of 24.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 62 days remaining before the expiration. The option is currently trading at a bid price of $2.4, and an ask price of $2.5. The implied volatility as of the 19th of July is 62.0.
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 0.0332% per day over the life of the option. With Comstock Resources trading at USD 23.26, that is roughly USD 0.007727. 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 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put 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.
Put Contract NameCRK250919P00024000
Expires On2025-09-19
Days Before Expriration62
Vega0.037911
Gamma0.078795
Theoretical Value2.45
Open Interest212
Current Trading Volume10.0
Strike Price24.0
Last Traded At2.32
Current Price Spread2.4 | 2.5
Rule 16 Daily Up or DownUSD 0.007727

Comstock short PUT Option Greeks

Comstock Resources' Option Greeks for the contract ending on 2025-09-19 at a strike price of 24.0 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.
Delta-0.515188
Gamma0.078795
Theta-0.015416
Vega0.037911
Rho-0.020162

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 21.55 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 Comstock Resources' price. Finally, at the strike price of 24.0, the payoff chart is constant and positive.
   Profit   
       Comstock Resources Price At Expiration  
View All Comstock Resources Options

Comstock Resources Available Put 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
 Put
CRK250919P0000900029.00.0 - 0.950.95Out
 Put
CRK250919P00012000350312.00.0 - 0.30.15Out
 Put
CRK250919P00013000413.00.0 - 0.750.08Out
 Put
CRK250919P000140001314.00.0 - 0.750.75Out
 Put
CRK250919P000150002115.00.05 - 0.50.2Out
 Put
CRK250919P0001600019716.00.1 - 0.30.19Out
 Put
CRK250919P0001700045717.00.05 - 0.350.35Out
 Put
CRK250919P0001800091918.00.2 - 0.70.5Out
 Put
CRK250919P0001900012719.00.4 - 0.60.32Out
 Put
CRK250919P0002000021220.00.65 - 0.850.88Out
 Put
CRK250919P0002100015021.01.0 - 1.11.15Out
 Put
CRK250919P0002200020622.01.35 - 1.51.39Out
 Put
CRK250919P0002300020723.01.8 - 2.01.84Out
 Put
CRK250919P0002400021224.02.4 - 2.52.32In
 Put
CRK250919P0002500032625.03.0 - 3.22.75In
 Put
CRK250919P0002600038626.03.7 - 3.93.4In
 Put
CRK250919P000270004427.04.4 - 4.75.64In
 Put
CRK250919P000280006528.05.2 - 5.52.75In
 Put
CRK250919P000290004729.06.1 - 6.33.1In
 Put
CRK250919P0003000012730.07.0 - 7.26.5In
 Put
CRK250919P0003100010731.07.5 - 8.48.3In
 Put
CRK250919P0003200010232.08.4 - 9.38.63In
 Put
CRK250919P000330001333.09.2 - 10.15.1In
 Put
CRK250919P00034000134.010.1 - 11.59.3In
 Put
CRK250919P00035000035.011.1 - 12.411.1In
 Put
CRK250919P00036000036.012.2 - 13.612.2In
 Put
CRK250919P00037000037.013.2 - 14.613.2In
 Put
CRK250919P00038000038.014.1 - 15.114.1In
 Put
CRK250919P00040000040.016.1 - 17.616.1In
 Put
CRK250919P00045000045.021.2 - 22.821.2In
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.