CRUS251219P00115000 Option on Cirrus Logic

CRUS Stock  USD 132.65  0.10  0.08%   
CRUS251219P00115000 is a PUT option contract on Cirrus Logic's common stock with a strick price of 115.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 48 days remaining before the expiration. The option is currently trading at a bid price of $2.1, and an ask price of $3.0. The implied volatility as of the 1st of November is 48.0.
When exercised, put options on Cirrus Logic produce a short position in Cirrus Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Cirrus Logic's downside price movement.

Rule 16 of 2025-12-19 Option Contract

The options market is anticipating that Cirrus Logic will have an average daily up or down price movement of about 0.0305% per day over the life of the option. With Cirrus Logic trading at USD 132.65, that is roughly USD 0.0405. If you think that the market is fully understating Cirrus Logic's daily price movement you should consider buying Cirrus Logic options at that current volatility level of 0.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Cirrus Logic

An 'Out of The Money' option on Cirrus has a strike price that Cirrus 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 Cirrus Logic's 'Out of The Money' options include buying the options if you expect a big move in Cirrus Logic'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 NameCRUS251219P00115000
Expires On2025-12-19
Days Before Expriration48
Vega0.125423
Gamma0.011133
Theoretical Value2.46
Open Interest10
Current Trading Volume1.0
Strike Price115.0
Last Traded At2.46
Current Price Spread2.1 | 3.0
Rule 16 Daily Up or DownUSD 0.0405

Cirrus short PUT Option Greeks

Cirrus Logic's Option Greeks for the contract ending on 2025-12-19 at a strike price of 115.0 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 Cirrus Logic's option greeks, its implied volatility helps estimate the risk of Cirrus Logic stock implied by the prices of the options on Cirrus Logic's stock.
Delta-0.178237
Gamma0.011133
Theta-0.061116
Vega0.125423
Rho-0.030952

Cirrus long PUT Option Payoff at expiration

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

Cirrus short PUT Option Payoff at expiration

By selling Cirrus Logic's put option, the investors signal their bearish sentiment. A short position in a put option written on Cirrus Logic will generally make money when the underlying price is above the strike price. Therefore Cirrus Logic's put payoff at expiration depends on where the Cirrus Stock price is relative to the put option strike price. The breakeven price of 112.54 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 Cirrus Logic's price. Finally, at the strike price of 115.0, the payoff chart is constant and positive.
   Profit   
       Cirrus Logic Price At Expiration  
View All Cirrus Logic Options

Cirrus Logic Available Put Options

Cirrus Logic's option chain is a display of a range of information that helps investors for ways to trade options on Cirrus. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cirrus. It also shows strike prices and maturity days for a Cirrus Logic 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
CRUS251219P001850000185.050.4 - 54.250.4In
 Put
CRUS251219P001800000180.045.4 - 48.845.4In
 Put
CRUS251219P001750000175.040.5 - 44.040.5In
 Put
CRUS251219P001700000170.035.7 - 39.135.7In
 Put
CRUS251219P001650000165.031.0 - 35.031.0In
 Put
CRUS251219P001600000160.026.8 - 30.226.8In
 Put
CRUS251219P001550000155.022.0 - 25.722.0In
 Put
CRUS251219P001500000150.018.3 - 21.718.3In
 Put
CRUS251219P001450000145.015.1 - 16.415.1In
 Put
CRUS251219P0014000013140.011.6 - 13.012.2In
 Put
CRUS251219P0013500037135.08.9 - 9.89.1In
 Put
CRUS251219P0013000042130.06.6 - 7.46.4Out
 Put
CRUS251219P0012500042125.04.5 - 5.74.9Out
 Put
CRUS251219P0012000026120.02.6 - 3.73.35Out
 Put
CRUS251219P0011500010115.02.1 - 3.02.46Out
 Put
CRUS251219P0011000051110.01.3 - 1.851.6Out
 Put
CRUS251219P00105000170105.00.5 - 3.31.64Out
 Put
CRUS251219P0010000014100.00.5 - 2.850.6Out
 Put
CRUS251219P000950002495.00.0 - 0.751.41Out
 Put
CRUS251219P00090000990.00.0 - 0.61.64Out
 Put
CRUS251219P0008500061785.00.0 - 0.750.4Out
 Put
CRUS251219P000800001680.00.0 - 1.950.45Out
 Put
CRUS251219P000750005775.00.0 - 2.150.7Out
 Put
CRUS251219P00070000870.00.0 - 0.750.5Out
 Put
CRUS251219P000650001065.00.0 - 0.950.1Out
 Put
CRUS251219P00060000560.00.0 - 0.950.15Out
 Put
CRUS251219P000550002055.00.0 - 1.150.15Out
 Put
CRUS251219P00050000950.00.0 - 2.150.05Out

Cirrus Logic Corporate Management

Venkatesh NathamuniChief OfficerProfile
Jeffrey WoolardChief OfficerProfile
Carl AlbertyExecutive ProductsProfile
Denise GrodeExecutive OfficerProfile

Additional Tools for Cirrus Stock Analysis

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