CTGO251017C00017500 Option on Contango ORE
CTGO Stock | USD 24.44 0.13 0.53% |
CTGO251017C00017500 is a PUT option contract on Contango ORE's common stock with a strick price of 17.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 4 days remaining before the expiration. The option is currently trading at a bid price of $6.1, and an ask price of $7.9. The implied volatility as of the 13th of October 2025 is 4.0.
A put option written on Contango ORE becomes more valuable as the price of Contango ORE drops. Conversely, Contango ORE's put option loses its value as Contango Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Contango ORE will have an average daily up or down price movement of about 0.0886% per day over the life of the option. With Contango ORE trading at USD 24.44, that is roughly USD 0.0217. If you think that the market is fully understating Contango ORE's daily price movement you should consider buying Contango ORE options at that current volatility level of 1.42%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Contango ORE
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 Contango ORE 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 Contango Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | CTGO251017C00017500 |
Expires On | 2025-10-17 |
Days Before Expriration | 4 |
Delta | 0.973316 |
Vega | 0.001934 |
Gamma | 0.013886 |
Theoretical Value | 7.0 |
Open Interest | 0 |
Strike Price | 17.5 |
Last Traded At | 3.8 |
Current Price Spread | 6.1 | 7.9 |
Rule 16 Daily Up or Down | USD 0.0217 |
Contango short PUT Option Greeks
Contango ORE's Option Greeks for the contract ending on 2025-10-17 at a strike price of 17.5 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 Contango ORE's option greeks, its implied volatility helps estimate the risk of Contango ORE stock implied by the prices of the options on Contango ORE's stock.
Delta | 0.973316 | |
Gamma | 0.013886 | |
Theta | -0.024737 | |
Vega | 0.001934 | |
Rho | 0.00276 |
Contango long PUT Option Payoff at expiration
Put options written on Contango ORE grant holders of the option the right to sell a specified amount of Contango ORE 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 Contango Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Contango ORE is like buying insurance aginst Contango ORE's downside shift.
Profit |
Contango ORE Price At Expiration |
Contango short PUT Option Payoff at expiration
By selling Contango ORE's put option, the investors signal their bearish sentiment. A short position in a put option written on Contango ORE will generally make money when the underlying price is above the strike price. Therefore Contango ORE's put payoff at expiration depends on where the Contango Stock price is relative to the put option strike price. The breakeven price of 24.5 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 Contango ORE's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
Contango ORE Price At Expiration |
Contango ORE Available Call Options
Contango ORE's option chain is a display of a range of information that helps investors for ways to trade options on Contango. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Contango. It also shows strike prices and maturity days for a Contango ORE 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 | CTGO260116C00035000 | 74 | 35.0 | 0.0 - 1.6 | 0.9 | Out |
Call | CTGO260116C00030000 | 191 | 30.0 | 0.75 - 1.9 | 0.55 | Out |
Call | CTGO260116C00025000 | 55 | 25.0 | 2.45 - 3.2 | 3.7 | Out |
Call | CTGO260116C00022500 | 29 | 22.5 | 2.7 - 4.3 | 4.7 | In |
Call | CTGO260116C00020000 | 28 | 20.0 | 4.7 - 7.8 | 6.8 | In |
Call | CTGO260116C00017500 | 0 | 17.5 | 6.8 - 9.1 | 8.55 | In |
Call | CTGO260116C00015000 | 2 | 15.0 | 9.1 - 10.6 | 10.9 | In |
Call | CTGO260116C00012500 | 0 | 12.5 | 11.1 - 13.5 | 11.6 | In |
Call | CTGO260116C00010000 | 0 | 10.0 | 13.1 - 16.6 | 13.1 | In |
Contango ORE Corporate Executives
Elected by the shareholders, the Contango ORE's board of directors comprises two types of representatives: Contango ORE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contango. The board's role is to monitor Contango ORE's management team and ensure that shareholders' interests are well served. Contango ORE's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Contango ORE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Leah Gaines | CFO, Chief Accounting Officer, VP, Treasurer and Secretary | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contango ORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Diversified Metals & Mining 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 Contango ORE. If investors know Contango 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 Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE'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 Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE'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 Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE'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.