CI251017P00280000 Option on Cigna Corp
CI Stock | USD 262.23 5.15 1.93% |
CI251017P00280000 is a PUT option contract on Cigna Corp's common stock with a strick price of 280.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $20.2, and an ask price of $22.1. The implied volatility as of the 1st of August is 77.0.
A put option written on Cigna Corp becomes more valuable as the price of Cigna Corp drops. Conversely, Cigna Corp's put option loses its value as Cigna Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Cigna Corp will have an average daily up or down price movement of about 0.0183% per day over the life of the option. With Cigna Corp trading at USD 262.23, that is roughly USD 0.0479. If you think that the market is fully understating Cigna Corp's daily price movement you should consider buying Cigna Corp options at that current volatility level of 0.29%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Cigna 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 Cigna 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 Cigna Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | CI251017P00280000 |
Expires On | 2025-10-17 |
Days Before Expriration | 77 |
Vega | 0.474295 |
Gamma | 0.010798 |
Theoretical Value | 21.15 |
Open Interest | 106 |
Current Trading Volume | 11.0 |
Strike Price | 280.0 |
Last Traded At | 18.7 |
Current Price Spread | 20.2 | 22.1 |
Rule 16 Daily Up or Down | USD 0.0479 |
Cigna short PUT Option Greeks
Cigna Corp's Option Greeks for the contract ending on 2025-10-17 at a strike price of 280.0 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 Cigna Corp's option greeks, its implied volatility helps estimate the risk of Cigna Corp stock implied by the prices of the options on Cigna Corp's stock.
Delta | -0.598912 | |
Gamma | 0.010798 | |
Theta | -0.079798 | |
Vega | 0.474295 | |
Rho | -0.299452 |
Cigna long PUT Option Payoff at expiration
Put options written on Cigna Corp grant holders of the option the right to sell a specified amount of Cigna 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 Cigna Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Cigna Corp is like buying insurance aginst Cigna Corp's downside shift.
Profit |
Cigna Corp Price At Expiration |
Cigna short PUT Option Payoff at expiration
By selling Cigna Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Cigna Corp will generally make money when the underlying price is above the strike price. Therefore Cigna Corp's put payoff at expiration depends on where the Cigna Stock price is relative to the put option strike price. The breakeven price of 258.85 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 Cigna Corp's price. Finally, at the strike price of 280.0, the payoff chart is constant and positive.
Profit |
Cigna Corp Price At Expiration |
Cigna Corp Available Put Options
Cigna Corp's option chain is a display of a range of information that helps investors for ways to trade options on Cigna. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cigna. It also shows strike prices and maturity days for a Cigna 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 Int | Strike Price | Current Spread | Last Price | |||
Put | CI251017P00490000 | 0 | 490.0 | 221.2 - 225.0 | 221.2 | In |
Put | CI251017P00480000 | 0 | 480.0 | 211.5 - 215.0 | 211.5 | In |
Put | CI251017P00470000 | 0 | 470.0 | 201.5 - 205.0 | 201.5 | In |
Put | CI251017P00460000 | 0 | 460.0 | 191.2 - 195.0 | 191.2 | In |
Put | CI251017P00450000 | 0 | 450.0 | 181.5 - 185.0 | 181.5 | In |
Put | CI251017P00440000 | 0 | 440.0 | 171.5 - 175.0 | 171.5 | In |
Put | CI251017P00430000 | 0 | 430.0 | 161.7 - 164.7 | 161.7 | In |
Put | CI251017P00420000 | 0 | 420.0 | 151.2 - 155.0 | 151.2 | In |
Put | CI251017P00410000 | 0 | 410.0 | 141.5 - 145.0 | 141.5 | In |
Put | CI251017P00400000 | 0 | 400.0 | 131.5 - 135.0 | 131.5 | In |
Put | CI251017P00360000 | 2 | 360.0 | 91.8 - 95.0 | 91.8 | In |
Put | CI251017P00350000 | 2 | 350.0 | 81.9 - 85.0 | 81.9 | In |
Put | CI251017P00340000 | 16 | 340.0 | 71.3 - 75.1 | 22.4 | In |
Put | CI251017P00330000 | 23 | 330.0 | 61.7 - 65.4 | 17.5 | In |
Put | CI251017P00320000 | 54 | 320.0 | 52.4 - 55.8 | 29.05 | In |
Put | CI251017P00310000 | 205 | 310.0 | 43.4 - 46.1 | 39.12 | In |
Put | CI251017P00300000 | 190 | 300.0 | 34.4 - 37.1 | 16.5 | In |
Put | CI251017P00290000 | 265 | 290.0 | 26.7 - 28.9 | 23.55 | In |
Put | CI251017P00280000 | 106 | 280.0 | 20.2 - 22.1 | 18.7 | In |
Put | CI251017P00270000 | 77 | 270.0 | 14.3 - 16.5 | 13.45 | In |
Put | CI251017P00260000 | 172 | 260.0 | 9.5 - 10.7 | 8.7 | Out |
Put | CI251017P00250000 | 12 | 250.0 | 6.0 - 7.2 | 5.2 | Out |
Put | CI251017P00240000 | 2 | 240.0 | 3.5 - 4.7 | 3.5 | Out |
Put | CI251017P00230000 | 12 | 230.0 | 1.8 - 3.4 | 2.4 | Out |
Put | CI251017P00220000 | 2 | 220.0 | 1.25 - 2.35 | 0.85 | Out |
Put | CI251017P00210000 | 1 | 210.0 | 0.5 - 1.65 | 0.5 | Out |
Put | CI251017P00200000 | 2 | 200.0 | 0.15 - 0.9 | 0.55 | Out |
Put | CI251017P00195000 | 1 | 195.0 | 0.0 - 1.95 | 1.95 | Out |
Put | CI251017P00190000 | 1 | 190.0 | 0.0 - 1.8 | 1.8 | Out |
Put | CI251017P00155000 | 4 | 155.0 | 0.0 - 0.6 | 0.05 | Out |
Cigna Corp Corporate Directors
Donna Zarcone | Independent Director | Profile | |
Eric Foss | Independent Director | Profile | |
Roman Martinez | Independent Director | Profile | |
John Partridge | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Health Care Providers & Services 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 Cigna Corp. If investors know Cigna 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 Cigna Corp 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 0.468 | Earnings Share 18.24 | Revenue Per Share | Quarterly Revenue Growth 0.144 | Return On Assets |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp'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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp'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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp'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.