IMAX250815P00021000 Option on Imax Corp

IMAX Stock  USD 29.03  0.79  2.80%   
IMAX250815P00021000 is a PUT option contract on Imax Corp's common stock with a strick price of 21.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 23 days remaining before the expiration. The option is currently trading at an ask price of $0.95. The implied volatility as of the 23rd of July is 23.0.
A put option written on Imax Corp becomes more valuable as the price of Imax Corp drops. Conversely, Imax Corp's put option loses its value as Imax Stock rises.

Rule 16 of 2025-08-15 Option Contract

The options market is anticipating that Imax Corp will have an average daily up or down price movement of about 0.0728% per day over the life of the option. With Imax Corp trading at USD 29.03, that is roughly USD 0.0211. If you think that the market is fully understating Imax Corp's daily price movement you should consider buying Imax Corp options at that current volatility level of 1.16%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Imax Corp

An 'Out of The Money' option on Imax has a strike price that Imax 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 Imax Corp's 'Out of The Money' options include buying the options if you expect a big move in Imax Corp'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 NameIMAX250815P00021000
Expires On2025-08-15
Days Before Expriration23
Vega0.013098
Gamma0.021197
Theoretical Value0.47
Open Interest2
Strike Price21.0
Last Traded At0.2
Current Price Spread0.0 | 0.95
Rule 16 Daily Up or DownUSD 0.0211

Imax short PUT Option Greeks

Imax Corp's Option Greeks for the contract ending on 2025-08-15 at a strike price of 21.0 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 Imax Corp's option greeks, its implied volatility helps estimate the risk of Imax Corp stock implied by the prices of the options on Imax Corp's stock.
Delta-0.103331
Gamma0.021197
Theta-0.032767
Vega0.013098
Rho-0.002013

Imax long PUT Option Payoff at expiration

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

Imax short PUT Option Payoff at expiration

By selling Imax Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Imax Corp will generally make money when the underlying price is above the strike price. Therefore Imax Corp's put payoff at expiration depends on where the Imax Stock price is relative to the put option strike price. The breakeven price of 20.53 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 Imax Corp's price. Finally, at the strike price of 21.0, the payoff chart is constant and positive.
   Profit   
       Imax Corp Price At Expiration  
View All Imax Corp Options

Imax Corp Available Put Options

Imax Corp's option chain is a display of a range of information that helps investors for ways to trade options on Imax. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Imax. It also shows strike prices and maturity days for a Imax Corp 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
IMAX250919P00036000036.06.4 - 7.56.4In
 Put
IMAX250919P00035000035.06.1 - 6.76.1In
 Put
IMAX250919P00034000034.04.7 - 6.14.7In
 Put
IMAX250919P00033000133.03.0 - 4.65.75In
 Put
IMAX250919P00032000432.01.7 - 3.93.84In
 Put
IMAX250919P00031000031.01.0 - 3.11.0In
 Put
IMAX250919P00030000530.00.1 - 2.453.9In
 Put
IMAX250919P00029000629.01.7 - 1.81.74Out
 Put
IMAX250919P000280003628.01.25 - 1.351.35Out
 Put
IMAX250919P0002700045327.00.9 - 1.01.05Out
 Put
IMAX250919P000260003726.00.6 - 0.950.8Out
 Put
IMAX250919P000250004025.00.4 - 0.80.67Out
 Put
IMAX250919P0002400010124.00.25 - 0.60.7Out
 Put
IMAX250919P000230007123.00.15 - 0.50.35Out
 Put
IMAX250919P000220003022.00.15 - 0.40.15Out
 Put
IMAX250919P000210001021.00.0 - 0.950.95Out
 Put
IMAX250919P00020000520.00.0 - 0.950.95Out
 Put
IMAX250919P00019000919.00.0 - 0.950.3Out

Imax Corp Corporate Directors

Kevin DouglasIndependent DirectorProfile
Dana SettleIndependent DirectorProfile
Eric DemirianIndependent DirectorProfile
Neil BraunIndependent DirectorProfile

Additional Tools for Imax Stock Analysis

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