IMAX250919C00023000 Option on Imax Corp

IMAX Stock  USD 29.03  0.23  0.80%   
IMAX250919C00023000 is a PUT option contract on Imax Corp's common stock with a strick price of 23.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $5.2, and an ask price of $6.2. The implied volatility as of the 23rd of July is 58.0.
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 2025-09-19 Option Contract

The options market is anticipating that Imax Corp will have an average daily up or down price movement of about 0.029% per day over the life of the option. With Imax Corp trading at USD 29.03, that is roughly USD 0.008404. 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 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Imax Corp

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 Imax Corp 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 Imax 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 NameIMAX250919C00023000
Expires On2025-09-19
Days Before Expriration58
Delta0.891248
Vega0.021176
Gamma0.035464
Theoretical Value5.7
Open Interest48
Strike Price23.0
Last Traded At4.35
Current Price Spread5.2 | 6.2
Rule 16 Daily Up or DownUSD 0.008404

Imax short PUT Option Greeks

Imax Corp's Option Greeks for the contract ending on 2025-09-19 at a strike price of 23.0 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.
Delta0.891248
Gamma0.035464
Theta-0.010632
Vega0.021176
Rho0.03147

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 28.7 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 23.0, the payoff chart is constant and positive.
   Profit   
       Imax Corp Price At Expiration  
View All Imax Corp Options

Imax Corp Available Call 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
Call
IMAX250919C00036000036.00.0 - 0.350.35Out
Call
IMAX250919C000350006435.00.0 - 0.30.23Out
Call
IMAX250919C00034000934.00.0 - 0.60.1Out
Call
IMAX250919C000330005233.00.4 - 0.50.45Out
Call
IMAX250919C00032000732.00.6 - 0.70.75Out
Call
IMAX250919C000310003831.00.0 - 0.951.05Out
Call
IMAX250919C0003000032330.01.15 - 1.31.2Out
Call
IMAX250919C000290005629.01.55 - 1.71.5Out
Call
IMAX250919C0002800040528.02.0 - 2.152.1In
Call
IMAX250919C000270009627.02.6 - 2.752.81In
Call
IMAX250919C0002600010226.02.05 - 3.43.4In
Call
IMAX250919C0002500013625.02.0 - 4.24.25In
Call
IMAX250919C000240002824.04.1 - 6.64.8In
Call
IMAX250919C000230004823.05.2 - 6.24.35In
Call
IMAX250919C00022000522.06.2 - 7.76.86In
Call
IMAX250919C000210002121.07.1 - 8.18.2In
Call
IMAX250919C00020000920.08.0 - 9.88.71In
Call
IMAX250919C00019000419.09.0 - 11.69.0In
Call
IMAX250919C00018000218.09.9 - 11.09.9In
Call
IMAX250919C00016000416.011.9 - 12.811.9In
Call
IMAX250919C00015000415.012.5 - 14.212.5In

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.