Centerra Gold Stock Options
| CGAU Stock | USD 6.63 0.11 1.63% |
Centerra Gold's latest option contracts expiring on July 18th 2025 are carrying combined implied volatility of 1.14 with a put-to-call open interest ratio of 0.06 over 10 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on July 18th 2025.
Open Interest Against July 18th 2025 Option Contracts
Centerra Gold option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Centerra Gold's lending market. For example, when Centerra Gold's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Centerra Gold, he or she must hedge the risk by shorting Centerra Gold stock over its option's life.
2025-07-18
The chart above shows Centerra Gold's 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. Centerra Gold's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Centerra Gold's option, there is no secondary market available for investors to trade.
Centerra Gold Maximum Pain Price Across 2025-07-18 Option Contracts
Max pain occurs when Centerra Gold's market makers reach a net positive position across all Centerra Gold's options at a strike price where option holders stand to lose the most money. By contrast, Centerra Gold's 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 Centerra Gold
Analyzing Centerra Gold's in-the-money options over time can help investors to take a profitable long position in Centerra Gold regardless of its overall volatility. This is especially true when Centerra Gold's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Centerra Gold's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Centerra Gold's stock while costing only a fraction of its price.
Centerra Gold In The Money Call Balance
When Centerra Gold's strike price is surpassing the current stock price, the option contract against Centerra Gold stock is said to be in the money. When it comes to buying Centerra Gold's 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 Centerra Gold 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.
Centerra Current Options Market Mood
Centerra Gold's 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 Centerra 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 Centerra Gold's options investors are not very successful. Centerra Gold's 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 Centerra contract
Base on the Rule 16, the options market is currently suggesting that Centerra Gold will have an average daily up or down price movement of about 0.0712% per day over the life of the 2025-07-18 option contract. With Centerra Gold trading at USD 6.63, that is roughly USD 0.004724. If you think that the market is fully incorporating Centerra Gold's daily price movement you should consider buying Centerra Gold options at the current volatility level of 1.14%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Centerra Gold 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" Centerra calls. Remember, the seller must deliver Centerra Gold stock to the call owner when a call is exercised.
Centerra Gold Option Chain
When Centerra Gold's strike price is surpassing the current stock price, the option contract against Centerra Gold 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.
Centerra Gold's option chain is a display of a range of information that helps investors for ways to trade options on Centerra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Centerra. It also shows strike prices and maturity days for a Centerra 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 | CGAU250718C00012500 | 13 | 12.5 | 0.0 - 0.5 | 0.05 | Out |
Call | CGAU250718C00010000 | 593 | 10.0 | 0.0 - 0.1 | 0.05 | Out |
Call | CGAU250718C00007500 | 1000 | 7.5 | 0.05 - 0.4 | 0.43 | Out |
Call | CGAU250718C00005000 | 1168 | 5.0 | 1.55 - 1.8 | 2.25 | In |
Call | CGAU250718C00002500 | 4 | 2.5 | 3.5 - 4.7 | 3.41 | In |
Put | CGAU250718P00012500 | 0 | 12.5 | 5.0 - 6.5 | 5.0 | In |
Put | CGAU250718P00010000 | 0 | 10.0 | 2.5 - 4.1 | 3.5 | In |
Put | CGAU250718P00007500 | 109 | 7.5 | 1.0 - 1.25 | 1.1 | In |
Put | CGAU250718P00005000 | 50 | 5.0 | 0.05 - 0.5 | 0.11 | Out |
Put | CGAU250718P00002500 | 0 | 2.5 | 0.0 - 0.75 | 0.75 |
Centerra Gold Selling And Marketing Expenses Over Time
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Centerra Gold Market Cap Over Time
Market Cap |
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Centerra Total Stockholder Equity
Total Stockholder Equity |
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Centerra Gold Corporate Management
| Lisa PEng | Vice Communications | Profile | |
| Claudia Orazio | Vice President Chief Human Resource Officer | Profile | |
| Helene Timpano | Executive Development | Profile | |
| Richard Connor | Independent Director | Profile | |
| CA Bbus | VP CFO | Profile |
Additional Tools for Centerra Stock Analysis
When running Centerra Gold's price analysis, check to measure Centerra Gold'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 Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.