Mirum Pharmaceuticals Stock Options

MIRM Stock  USD 53.05  0.86  1.65%   
Mirum Pharmaceuticals' latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.62 with a put-to-call open interest ratio of 0.2 over 20 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on October 17th 2025.

Open Interest Against October 17th 2025 Option Contracts

The chart above shows Mirum Pharmaceuticals' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Mirum Pharmaceuticals' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Mirum Pharmaceuticals' option, there is no secondary market available for investors to trade.

Mirum Pharmaceuticals Maximum Pain Price Across 2025-10-17 Option Contracts

Max pain occurs when Mirum Pharmaceuticals' market makers reach a net positive position across all Mirum Pharmaceuticals' options at a strike price where option holders stand to lose the most money. By contrast, Mirum Pharmaceuticals' option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Mirum Pharmaceuticals

Analyzing Mirum Pharmaceuticals' in-the-money options over time can help investors to take a profitable long position in Mirum Pharmaceuticals regardless of its overall volatility. This is especially true when Mirum Pharmaceuticals' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Mirum Pharmaceuticals' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Mirum Pharmaceuticals' stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Mirum Pharmaceuticals lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Mirum Pharmaceuticals' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Mirum Pharmaceuticals contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Mirum Stock moves the wrong way.

Mirum Pharmaceuticals In The Money Call Balance

When Mirum Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Mirum Pharmaceuticals stock is said to be in the money. When it comes to buying Mirum Pharmaceuticals' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Mirum Pharmaceuticals are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Mirum Current Options Market Mood

Mirum Pharmaceuticals' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Mirum Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Mirum Pharmaceuticals' options investors are not very successful. Mirum Pharmaceuticals' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Mirum contract

Base on the Rule 16, the options market is currently suggesting that Mirum Pharmaceuticals will have an average daily up or down price movement of about 0.0388% per day over the life of the 2025-10-17 option contract. With Mirum Pharmaceuticals trading at USD 53.05, that is roughly USD 0.0206. If you think that the market is fully incorporating Mirum Pharmaceuticals' daily price movement you should consider buying Mirum Pharmaceuticals options at the current volatility level of 0.62%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Mirum Pharmaceuticals options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Mirum calls. Remember, the seller must deliver Mirum Pharmaceuticals stock to the call owner when a call is exercised.

Mirum Pharmaceuticals Option Chain

When Mirum Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Mirum Pharmaceuticals stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Mirum Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Mirum. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Mirum. It also shows strike prices and maturity days for a Mirum Pharmaceuticals 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
MIRM251017C00075000275.00.0 - 4.94.9Out
Call
MIRM251017C00070000270.00.0 - 4.91.49Out
Call
MIRM251017C00065000265.00.0 - 2.952.95Out
Call
MIRM251017C000600006060.01.05 - 4.53.0Out
Call
MIRM251017C000550001455.01.2 - 5.54.49Out
Call
MIRM251017C00050000150.03.5 - 8.06.54In
Call
MIRM251017C000450001245.06.6 - 11.44.5In
Call
MIRM251017C00040000040.010.9 - 15.510.9In
Call
MIRM251017C000350001335.015.0 - 19.318.8In
Call
MIRM251017C00030000030.020.0 - 24.920.0In
 Put
MIRM251017P00075000075.020.6 - 25.520.6In
 Put
MIRM251017P00070000070.016.0 - 20.916.0In
 Put
MIRM251017P00065000065.011.2 - 16.011.2In
 Put
MIRM251017P00060000560.07.1 - 11.98.37In
 Put
MIRM251017P00055000055.03.6 - 8.43.6In
 Put
MIRM251017P00050000650.01.05 - 5.57.6Out
 Put
MIRM251017P00045000845.00.1 - 4.90.1Out
 Put
MIRM251017P00040000140.00.0 - 4.84.8Out
 Put
MIRM251017P00035000035.00.0 - 4.94.9Out
 Put
MIRM251017P00030000130.00.0 - 4.94.9Out

Mirum Pharmaceuticals Market Cap Over Time

   Market Cap   
       Timeline  

Mirum Total Stockholder Equity

Total Stockholder Equity

236.92 Million

At this time, Mirum Pharmaceuticals' Total Stockholder Equity is very stable compared to the past year.

Mirum Pharmaceuticals Corporate Management

Peter MBAChief OfficerProfile
Ian ClementsChief OfficerProfile
MSC MBAChief OfficerProfile
Douglas JDChief OfficerProfile
Jolanda HoweSenior ControllerProfile
Eric MBAChief OfficerProfile
When determining whether Mirum Pharmaceuticals is a strong investment it is important to analyze Mirum Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mirum Pharmaceuticals' future performance. For an informed investment choice regarding Mirum Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. 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.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.
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Is Biotechnology 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 Mirum Pharmaceuticals. If investors know Mirum 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 Mirum Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.61)
Revenue Per Share
7.899
Quarterly Revenue Growth
0.612
Return On Assets
(0.07)
Return On Equity
(0.33)
The market value of Mirum Pharmaceuticals is measured differently than its book value, which is the value of Mirum that is recorded on the company's balance sheet. Investors also form their own opinion of Mirum Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' market value can be influenced by many factors that don't directly affect Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirum Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirum Pharmaceuticals' 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.