CLSK250919P00024000 Option on CleanSpark

CLSK Stock  USD 13.72  1.31  8.72%   
CleanSpark's latest option contracts expiring on February 20th 2026 are carrying combined implied volatility of 1.07 with a put-to-call open interest ratio of 0.11 over 54 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on February 20th 2026. The total put volume is at 1.1 K, with calls trading at the volume of 2.2 K. This yields a 0.51 put-to-call volume ratio.

Open Interest Against February 20th 2026 Option Contracts

The chart above shows CleanSpark'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. CleanSpark's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for CleanSpark's option, there is no secondary market available for investors to trade.

CleanSpark Maximum Pain Price Across 2026-02-20 Option Contracts

CleanSpark's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, 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 CleanSpark

Analyzing CleanSpark's in-the-money options over time can help investors to take a profitable long position in CleanSpark regardless of its overall volatility. This is especially true when CleanSpark's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money CleanSpark's options could be used as guardians of the underlying stock as they move almost dollar for dollar with CleanSpark's stock while costing only a fraction of its price.

CleanSpark In The Money Call Balance

When CleanSpark's strike price is surpassing the current stock price, the option contract against CleanSpark stock is said to be in the money. When it comes to buying CleanSpark'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 CleanSpark 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.

CleanSpark Current Options Market Mood

CleanSpark'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 CleanSpark 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 CleanSpark's options investors are not very successful. CleanSpark'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 CleanSpark contract

Base on the Rule 16, the options market is currently suggesting that CleanSpark will have an average daily up or down price movement of about 0.0669% per day over the life of the 2026-02-20 option contract. With CleanSpark trading at USD 13.72, that is roughly USD 0.009175. If you think that the market is fully incorporating CleanSpark's daily price movement you should consider buying CleanSpark options at the current volatility level of 1.07%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing CleanSpark 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" CleanSpark calls. Remember, the seller must deliver CleanSpark stock to the call owner when a call is exercised.

CleanSpark Option Chain

When CleanSpark's strike price is surpassing the current stock price, the option contract against CleanSpark 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.
CleanSpark's option chain is a display of a range of information that helps investors for ways to trade options on CleanSpark. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CleanSpark. It also shows strike prices and maturity days for a CleanSpark 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
CLSK260220C000310001631.00.21 - 0.580.42Out
Call
CLSK260220C000300003030.00.24 - 0.610.35Out
Call
CLSK260220C00029000029.00.28 - 0.650.28Out
Call
CLSK260220C00028000028.00.33 - 0.690.41Out
Call
CLSK260220C0002700051827.00.29 - 0.540.54Out
Call
CLSK260220C00026000473126.00.44 - 0.580.52Out
Call
CLSK260220C0002500018125.00.47 - 0.750.74Out
Call
CLSK260220C0002400013224.00.56 - 0.80.59Out
Call
CLSK260220C0002300016323.00.63 - 0.90.71Out
Call
CLSK260220C0002200074322.00.67 - 0.790.72Out
Call
CLSK260220C0002100032421.00.77 - 1.021.08Out
Call
CLSK260220C00020000263120.00.91 - 1.010.9Out
Call
CLSK260220C000190005819.01.04 - 1.161.2Out
Call
CLSK260220C00018000153418.01.22 - 1.331.3Out
Call
CLSK260220C0001700053617.01.41 - 1.541.42Out
Call
CLSK260220C00016000487116.01.67 - 1.781.81Out
Call
CLSK260220C000150001402115.01.97 - 2.082.05Out
Call
CLSK260220C000140001931314.02.32 - 2.442.45Out
Call
CLSK260220C0001300045213.02.66 - 3.052.83In
Call
CLSK260220C0001200068012.03.15 - 3.63.37In
Call
CLSK260220C0001100059311.03.8 - 4.24.0In
Call
CLSK260220C0001000022510.04.4 - 4.855.2In
Call
CLSK260220C000090002489.05.1 - 6.35.83In
Call
CLSK260220C00008000348.05.35 - 7.156.67In
Call
CLSK260220C00007000137.06.1 - 8.057.74In
Call
CLSK260220C0000500015.07.6 - 10.47.71In
 Put
CLSK260220P00031000031.016.3 - 18.4516.3In
 Put
CLSK260220P000300009030.016.0 - 17.916.28In
 Put
CLSK260220P00029000029.014.4 - 16.014.4In
 Put
CLSK260220P00028000028.013.5 - 15.713.5In
 Put
CLSK260220P00027000027.012.5 - 14.0512.5In
 Put
CLSK260220P00026000026.011.6 - 13.211.6In
 Put
CLSK260220P00025000025.010.65 - 12.2510.65In
 Put
CLSK260220P00024000024.09.7 - 11.359.7In
 Put
CLSK260220P00023000023.08.8 - 11.158.8In
 Put
CLSK260220P00022000022.07.95 - 9.057.95In
 Put
CLSK260220P00021000421.07.1 - 8.110.66In
 Put
CLSK260220P000200006220.06.9 - 7.656.9In
 Put
CLSK260220P000190002719.05.4 - 7.75.38In
 Put
CLSK260220P0001800015418.05.25 - 5.55.45In
 Put
CLSK260220P0001700018617.04.45 - 4.74.62In
 Put
CLSK260220P0001600045716.03.7 - 3.953.92In
 Put
CLSK260220P0001500032515.03.05 - 3.253.17In
 Put
CLSK260220P0001400036714.02.5 - 2.752.63In
 Put
CLSK260220P0001300019713.01.91 - 2.171.9Out
 Put
CLSK260220P0001200082612.01.44 - 1.581.49Out
 Put
CLSK260220P0001100066111.00.99 - 1.231.08Out
 Put
CLSK260220P0001000069610.00.69 - 0.750.7Out
 Put
CLSK260220P000090003529.00.47 - 0.50.47Out
 Put
CLSK260220P00008000488.00.26 - 0.330.29Out
 Put
CLSK260220P000070006557.00.01 - 0.370.17Out
 Put
CLSK260220P000060001016.00.0 - 0.310.14Out
 Put
CLSK260220P000050006185.00.0 - 0.180.14Out
 Put
CLSK260220P000040001584.00.0 - 0.160.25Out

CleanSpark Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

CleanSpark Total Stockholder Equity

Total Stockholder Equity

2.28 Billion

At this time, CleanSpark's Total Stockholder Equity is quite stable compared to the past year.

CleanSpark Corporate Management

When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Application Software 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 CleanSpark. If investors know CleanSpark 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 CleanSpark 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
4.916
Earnings Share
1.12
Revenue Per Share
2.716
Quarterly Revenue Growth
1.505
Return On Assets
(0.02)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.