URNM251017P00033000 Option on Sprott Uranium Miners

URNM Etf  USD 49.94  0.37  0.75%   
URNM251017P00033000 is a PUT option contract on Sprott Uranium's common stock with a strick price of 33.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 24th of July is 85.0.
When exercised, put options on Sprott Uranium produce a short position in Sprott Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Sprott Uranium's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Sprott Uranium Miners will have an average daily up or down price movement of about 0.0374% per day over the life of the option. With Sprott Uranium trading at USD 49.94, that is roughly USD 0.0187. If you think that the market is fully understating Sprott Uranium's daily price movement you should consider buying Sprott Uranium Miners options at that current volatility level of 0.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Sprott Uranium

An 'Out of The Money' option on Sprott has a strike price that Sprott Etf 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 Sprott Uranium's 'Out of The Money' options include buying the options if you expect a big move in Sprott Uranium'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 NameURNM251017P00033000
Expires On2025-10-17
Days Before Expriration85
Vega0.026737
Gamma0.00761
Theoretical Value0.38
Open Interest118
Strike Price33.0
Last Traded At0.17
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.0187

Sprott short PUT Option Greeks

Sprott Uranium's Option Greeks for the contract ending on 2025-10-17 at a strike price of 33.0 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 Sprott Uranium's option greeks, its implied volatility helps estimate the risk of Sprott Uranium stock implied by the prices of the options on Sprott Uranium's stock.
Delta-0.054406
Gamma0.00761
Theta-0.008964
Vega0.026737
Rho-0.00673

Sprott long PUT Option Payoff at expiration

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

Sprott short PUT Option Payoff at expiration

By selling Sprott Uranium's put option, the investors signal their bearish sentiment. A short position in a put option written on Sprott Uranium will generally make money when the underlying price is above the strike price. Therefore Sprott Uranium's put payoff at expiration depends on where the Sprott Etf price is relative to the put option strike price. The breakeven price of 32.62 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 Sprott Uranium's price. Finally, at the strike price of 33.0, the payoff chart is constant and positive.
   Profit   
       Sprott Uranium Price At Expiration  
View All Sprott Uranium Options

Sprott Uranium Miners Available Put Options

Sprott Uranium's option chain is a display of a range of information that helps investors for ways to trade options on Sprott. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sprott. It also shows strike prices and maturity days for a Sprott Uranium 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
URNM251017P00065000065.014.2 - 16.714.2In
 Put
URNM251017P00060000060.09.7 - 10.99.7In
 Put
URNM251017P00059000059.08.6 - 10.18.6In
 Put
URNM251017P00058000058.08.5 - 9.08.5In
 Put
URNM251017P00057000057.07.6 - 8.27.6In
 Put
URNM251017P00056000056.07.0 - 7.37.0In
 Put
URNM251017P000550002255.06.2 - 6.510.94In
 Put
URNM251017P00054000054.05.5 - 5.85.5In
 Put
URNM251017P00053000053.04.8 - 5.14.8In
 Put
URNM251017P00052000052.04.2 - 4.44.2In
 Put
URNM251017P000500005150.03.1 - 3.33.66Out
 Put
URNM251017P00049000449.02.65 - 2.853.1Out
 Put
URNM251017P00048000348.02.2 - 2.63.3Out
 Put
URNM251017P00047000947.01.8 - 2.953.27Out
 Put
URNM251017P000460001146.01.45 - 1.651.75Out
 Put
URNM251017P000450003845.01.2 - 1.351.6Out
 Put
URNM251017P0004400021044.00.95 - 1.12.13Out
 Put
URNM251017P000430001443.00.75 - 0.850.97Out
 Put
URNM251017P000420003742.00.6 - 0.70.68Out
 Put
URNM251017P000410001641.00.45 - 0.550.65Out
 Put
URNM251017P0004000029740.00.3 - 0.450.51Out
 Put
URNM251017P0003900011239.00.0 - 0.450.9Out
 Put
URNM251017P0003800011738.00.0 - 0.450.22Out
 Put
URNM251017P000370004337.00.15 - 0.350.26Out
 Put
URNM251017P000360003636.00.0 - 0.750.2Out
 Put
URNM251017P000350008135.00.1 - 0.50.17Out
 Put
URNM251017P000340003034.00.0 - 0.250.14Out
 Put
URNM251017P0003300011833.00.0 - 0.750.17Out
 Put
URNM251017P000320003732.00.0 - 0.750.2Out
 Put
URNM251017P000310001631.00.0 - 0.750.43Out
 Put
URNM251017P000300007030.00.0 - 0.750.09Out
 Put
URNM251017P000290002129.00.0 - 0.80.8Out
 Put
URNM251017P000280002328.00.0 - 0.750.05Out
 Put
URNM251017P00025000625.00.0 - 0.950.95Out
 Put
URNM251017P00020000120.00.0 - 0.60.6Out
When determining whether Sprott Uranium Miners is a strong investment it is important to analyze Sprott Uranium's 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 Sprott Uranium's future performance. For an informed investment choice regarding Sprott Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Uranium Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Sprott Uranium Miners is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Uranium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Uranium'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 Sprott Uranium's market value can be influenced by many factors that don't directly affect Sprott Uranium'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 Sprott Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Uranium'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.