Aurora Cannabis Stock Options

ACB Stock  USD 4.57  0.23  5.30%   
Aurora Cannabis' latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 1.12 with a put-to-call open interest ratio of 0.82 over 24 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 255, with calls trading at the volume of 126. This yields a 2.02 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

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

Aurora Cannabis Maximum Pain Price Across 2025-06-20 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Aurora Cannabis close to expiration to expire worthless. So, 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, Aurora Cannabis' 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 Aurora Cannabis

Analyzing Aurora Cannabis' in-the-money options over time can help investors to take a profitable long position in Aurora Cannabis regardless of its overall volatility. This is especially true when Aurora Cannabis' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Aurora Cannabis' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Aurora Cannabis' stock while costing only a fraction of its price.
Aurora Cannabis' stock options are financial instruments that give investors the right to buy or sell shares of Aurora Cannabis common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Aurora stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Aurora Cannabis' stock price goes up or down, the stock options follow.
At present, Aurora Cannabis' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 57.3 M, whereas Other Stockholder Equity is projected to grow to (0.85).

Aurora Cannabis In The Money Call Balance

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

Aurora Current Options Market Mood

Aurora Cannabis' 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 Aurora 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 Aurora Cannabis' options investors are not very successful. Aurora Cannabis' 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 Aurora contract

Base on the Rule 16, the options market is currently suggesting that Aurora Cannabis will have an average daily up or down price movement of about 0.07% per day over the life of the 2025-06-20 option contract. With Aurora Cannabis trading at USD 4.57, that is roughly USD 0.003199. If you think that the market is fully incorporating Aurora Cannabis' daily price movement you should consider buying Aurora Cannabis options at the current volatility level of 1.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Aurora Cannabis 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" Aurora calls. Remember, the seller must deliver Aurora Cannabis stock to the call owner when a call is exercised.

Aurora Cannabis Option Chain

When Aurora Cannabis' strike price is surpassing the current stock price, the option contract against Aurora Cannabis 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.
Aurora Cannabis' option chain is a display of a range of information that helps investors for ways to trade options on Aurora. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Aurora. It also shows strike prices and maturity days for a Aurora Cannabis 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
ACB250620C000130001513.00.0 - 0.750.09Out
Call
ACB250620C00012000012.00.01 - 0.740.01Out
Call
ACB250620C000110004711.00.01 - 0.140.13Out
Call
ACB250620C0001000059010.00.03 - 0.30.06Out
Call
ACB250620C000090001559.00.04 - 0.110.1Out
Call
ACB250620C000080005068.00.06 - 0.120.1Out
Call
ACB250620C0000700016747.00.11 - 0.180.12Out
Call
ACB250620C0000600010216.00.2 - 0.280.23Out
Call
ACB250620C000050008765.00.37 - 0.470.48Out
Call
ACB250620C000040007814.00.63 - 0.880.84In
Call
ACB250620C000030001143.01.3 - 1.561.54In
Call
ACB250620C0000200022.02.29 - 2.492.35In
 Put
ACB250620P00013000013.08.55 - 9.38.55In
 Put
ACB250620P00012000012.07.5 - 8.257.5In
 Put
ACB250620P00011000011.05.55 - 6.855.55In
 Put
ACB250620P00010000010.05.55 - 6.25.55In
 Put
ACB250620P00009000119.04.55 - 4.954.55In
 Put
ACB250620P00008000148.03.55 - 4.43.27In
 Put
ACB250620P00007000157.02.59 - 2.942.79In
 Put
ACB250620P000060002016.01.8 - 1.881.79In
 Put
ACB250620P000050004695.00.97 - 1.11.0In
 Put
ACB250620P0000400038504.00.41 - 0.460.43Out
 Put
ACB250620P000030001843.00.1 - 0.180.14Out
 Put
ACB250620P0000200052.00.01 - 0.280.02Out

Aurora Cannabis Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Aurora Cannabis Market Cap Over Time

   Market Cap   
       Timeline  

Aurora Total Stockholder Equity

Total Stockholder Equity

738.17 Million

At present, Aurora Cannabis' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

Aurora Cannabis Corporate Directors

Adam SzwerasIndependent DirectorProfile
Margaret AtkinsIndependent DirectorProfile
Norma BeauchampIndependent DirectorProfile
Jason DyckIndependent DirectorProfile
When determining whether Aurora Cannabis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurora Cannabis' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aurora Cannabis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurora Cannabis Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Pharmaceuticals 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 Aurora Cannabis. If investors know Aurora 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 Aurora Cannabis 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
(0.92)
Earnings Share
(0.46)
Revenue Per Share
0.033
Quarterly Revenue Growth
0.285
Return On Assets
(0.01)
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' 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 Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' 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 Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' 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.