MUX250815C00004000 Option on McEwen Mining
MUX Stock | USD 10.40 0.37 3.69% |
MUX250815C00004000 is a PUT option contract on McEwen Mining's common stock with a strick price of 4.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $5.6, and an ask price of $7.2. The implied volatility as of the 4th of August is 11.0.
A put option written on McEwen Mining becomes more valuable as the price of McEwen Mining drops. Conversely, McEwen Mining's put option loses its value as McEwen Stock rises.
Rule 16 of 2025-08-15 Option Contract
The options market is anticipating that McEwen Mining will have an average daily up or down price movement of about 0.28% per day over the life of the option. With McEwen Mining trading at USD 10.4, that is roughly USD 0.0294. If you think that the market is fully understating McEwen Mining's daily price movement you should consider buying McEwen Mining options at that current volatility level of 4.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on McEwen Mining
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 McEwen Mining 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 McEwen 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 | MUX250815C00004000 |
Expires On | 2025-08-15 |
Days Before Expriration | 11 |
Delta | 0.933842 |
Vega | 0.002431 |
Gamma | 0.015 |
Theoretical Value | 6.4 |
Open Interest | 16 |
Strike Price | 4.0 |
Last Traded At | 6.85 |
Current Price Spread | 5.6 | 7.2 |
Rule 16 Daily Up or Down | USD 0.0294 |
McEwen short PUT Option Greeks
McEwen Mining's Option Greeks for the contract ending on 2025-08-15 at a strike price of 4.0 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 McEwen Mining's option greeks, its implied volatility helps estimate the risk of McEwen Mining stock implied by the prices of the options on McEwen Mining's stock.
Delta | 0.933842 | |
Gamma | 0.015 | |
Theta | -0.042601 | |
Vega | 0.002431 | |
Rho | 0.001056 |
McEwen long PUT Option Payoff at expiration
Put options written on McEwen Mining grant holders of the option the right to sell a specified amount of McEwen Mining 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 McEwen Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on McEwen Mining is like buying insurance aginst McEwen Mining's downside shift.
Profit |
McEwen Mining Price At Expiration |
McEwen short PUT Option Payoff at expiration
By selling McEwen Mining's put option, the investors signal their bearish sentiment. A short position in a put option written on McEwen Mining will generally make money when the underlying price is above the strike price. Therefore McEwen Mining's put payoff at expiration depends on where the McEwen Stock price is relative to the put option strike price. The breakeven price of 10.4 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 McEwen Mining's price. Finally, at the strike price of 4.0, the payoff chart is constant and positive.
Profit |
McEwen Mining Price At Expiration |
McEwen Mining Available Call Options
McEwen Mining's option chain is a display of a range of information that helps investors for ways to trade options on McEwen. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for McEwen. It also shows strike prices and maturity days for a McEwen Mining 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 | MUX251017C00022000 | 0 | 22.0 | 0.0 - 0.95 | 0.95 | |
Call | MUX251017C00021000 | 0 | 21.0 | 0.0 - 0.95 | 0.95 | |
Call | MUX251017C00020000 | 0 | 20.0 | 0.0 - 0.95 | 0.95 | |
Call | MUX251017C00019000 | 1 | 19.0 | 0.0 - 0.95 | 0.2 | Out |
Call | MUX251017C00018000 | 0 | 18.0 | 0.0 - 1.35 | 1.35 | |
Call | MUX251017C00017000 | 2 | 17.0 | 0.0 - 0.6 | 0.6 | Out |
Call | MUX251017C00016000 | 0 | 16.0 | 0.0 - 0.95 | 0.95 | |
Call | MUX251017C00015000 | 0 | 15.0 | 0.0 - 0.95 | 0.95 | |
Call | MUX251017C00014000 | 13 | 14.0 | 0.0 - 1.0 | 0.2 | Out |
Call | MUX251017C00013000 | 38 | 13.0 | 0.05 - 0.55 | 0.4 | Out |
Call | MUX251017C00012000 | 211 | 12.0 | 0.2 - 0.45 | 0.75 | Out |
Call | MUX251017C00011000 | 87 | 11.0 | 0.4 - 0.7 | 0.85 | Out |
Call | MUX251017C00010000 | 190 | 10.0 | 0.8 - 1.15 | 1.0 | Out |
Call | MUX251017C00009000 | 25 | 9.0 | 1.35 - 1.75 | 2.29 | In |
Call | MUX251017C00008000 | 110 | 8.0 | 2.1 - 2.5 | 2.9 | In |
Call | MUX251017C00007000 | 1214 | 7.0 | 2.1 - 3.4 | 4.8 | In |
Call | MUX251017C00006000 | 3220 | 6.0 | 4.0 - 4.4 | 5.76 | In |
Call | MUX251017C00005000 | 100 | 5.0 | 4.8 - 5.5 | 7.0 | In |
Call | MUX251017C00004000 | 25 | 4.0 | 5.9 - 7.0 | 5.9 | In |
McEwen Mining Corporate Directors
Leanne Baker | Independent Director | Profile | |
Michael Stein | Independent Director | Profile | |
Donald Quick | Independent Director | Profile | |
William PEng | Interim Director | Profile |
Additional Tools for McEwen Stock Analysis
When running McEwen Mining's price analysis, check to measure McEwen Mining'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 McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.