KGC250808C00017000 Option on Kinross Gold
KGC Stock | USD 15.33 0.10 0.65% |
KGC250808C00017000 is a PUT option contract on Kinross Gold's common stock with a strick price of 17.0 expiring on 2025-08-08. The contract was not traded in recent days and, as of today, has 17 days remaining before the expiration. The option is currently trading at an ask price of $0.52. The implied volatility as of the 22nd of July is 17.0.
A put option written on Kinross Gold becomes more valuable as the price of Kinross Gold drops. Conversely, Kinross Gold's put option loses its value as Kinross Stock rises.
Rule 16 of 2025-08-08 Option Contract
The options market is anticipating that Kinross Gold will have an average daily up or down price movement of about 0.0307% per day over the life of the option. With Kinross Gold trading at USD 15.33, that is roughly USD 0.004712. If you think that the market is fully understating Kinross Gold's daily price movement you should consider buying Kinross Gold 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 Call Option on Kinross Gold
An 'Out of The Money' option on Kinross has a strike price that Kinross 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 Kinross Gold's 'Out of The Money' options include buying the options if you expect a big move in Kinross Gold'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.
Call Contract Name | KGC250808C00017000 |
Expires On | 2025-08-08 |
Days Before Expriration | 17 |
Delta | 0.297864 |
Vega | 0.012249 |
Gamma | 0.199295 |
Theoretical Value | 0.31 |
Open Interest | 4 |
Current Trading Volume | 3.0 |
Strike Price | 17.0 |
Last Traded At | 0.31 |
Current Price Spread | 0.0 | 0.52 |
Rule 16 Daily Up or Down | USD 0.004712 |
Kinross short PUT Option Greeks
Kinross Gold's Option Greeks for the contract ending on 2025-08-08 at a strike price of 17.0 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 Kinross Gold's option greeks, its implied volatility helps estimate the risk of Kinross Gold stock implied by the prices of the options on Kinross Gold's stock.
Delta | 0.297864 | |
Gamma | 0.199295 | |
Theta | -0.017165 | |
Vega | 0.012249 | |
Rho | 0.002186 |
Kinross long PUT Option Payoff at expiration
Put options written on Kinross Gold grant holders of the option the right to sell a specified amount of Kinross Gold 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 Kinross Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Kinross Gold is like buying insurance aginst Kinross Gold's downside shift.
Profit |
Kinross Gold Price At Expiration |
Kinross short PUT Option Payoff at expiration
By selling Kinross Gold's put option, the investors signal their bearish sentiment. A short position in a put option written on Kinross Gold will generally make money when the underlying price is above the strike price. Therefore Kinross Gold's put payoff at expiration depends on where the Kinross Stock price is relative to the put option strike price. The breakeven price of 17.31 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 Kinross Gold's price. Finally, at the strike price of 17.0, the payoff chart is constant and positive.
Profit |
Kinross Gold Price At Expiration |
Kinross Gold Available Call Options
Kinross Gold's option chain is a display of a range of information that helps investors for ways to trade options on Kinross. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kinross. It also shows strike prices and maturity days for a Kinross Gold 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 Int | Strike Price | Current Spread | Last Price | |||
Call | KGC250919C00030000 | 0 | 30.0 | 0.0 - 0.69 | 0.69 | |
Call | KGC250919C00025000 | 0 | 25.0 | 0.05 - 0.7 | 0.05 | |
Call | KGC250919C00023000 | 0 | 23.0 | 0.0 - 0.31 | 0.31 | |
Call | KGC250919C00022000 | 0 | 22.0 | 0.0 - 0.35 | 0.35 | |
Call | KGC250919C00021000 | 0 | 21.0 | 0.11 - 0.41 | 0.11 | |
Call | KGC250919C00020000 | 0 | 20.0 | 0.0 - 0.25 | 0.2 | |
Call | KGC250919C00019000 | 0 | 19.0 | 0.28 - 0.38 | 0.28 | |
Call | KGC250919C00018000 | 22 | 18.0 | 0.45 - 0.47 | 0.43 | Out |
Call | KGC250919C00017000 | 21 | 17.0 | 0.71 - 0.75 | 0.74 | Out |
Call | KGC250919C00016000 | 6 | 16.0 | 1.09 - 1.14 | 1.12 | Out |
Call | KGC250919C00015000 | 15 | 15.0 | 1.62 - 1.68 | 1.62 | In |
Call | KGC250919C00011000 | 3 | 11.0 | 4.8 - 5.4 | 4.47 | In |
Kinross Gold Corporate Directors
Ian Atkinson | Independent Director | Profile | |
Kelly Osborne | Independent Director | Profile | |
Elizabeth McGregor | Independent Director | Profile | |
Kerry Dyte | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Metals & Mining 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 Kinross Gold. If investors know Kinross 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 Kinross Gold 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 2.436 | Dividend Share 0.12 | Earnings Share 0.98 | Revenue Per Share | Quarterly Revenue Growth 0.385 |
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's 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 Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold's 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 Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's 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.