CBRL250620P00027500 Option on Cracker Barrel Old
CBRL Stock | USD 40.02 1.30 3.15% |
CBRL250620P00027500 is a PUT option contract on Cracker Barrel's common stock with a strick price of 27.5 expiring on 2025-06-20. The contract was not traded in recent days and, as of today, has 82 days remaining before the expiration. The option is currently trading at a bid price of $0.45, and an ask price of $0.65. The implied volatility as of the 30th of March is 82.0.
Cracker |
When exercised, put options on Cracker Barrel produce a short position in Cracker Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Cracker Barrel's downside price movement.
Rule 16 of 2025-06-20 Option Contract
The options market is anticipating that Cracker Barrel Old will have an average daily up or down price movement of about 0.0398% per day over the life of the option. With Cracker Barrel trading at USD 40.02, that is roughly USD 0.0159. If you think that the market is fully understating Cracker Barrel's daily price movement you should consider buying Cracker Barrel Old options at that current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Cracker Barrel
An 'Out of The Money' option on Cracker has a strike price that Cracker Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Cracker Barrel's 'Out of The Money' options include buying the options if you expect a big move in Cracker Barrel's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract Name | CBRL250620P00027500 |
Expires On | 2025-06-20 |
Days Before Expriration | 82 |
Vega | 0.030137 |
Gamma | 0.012671 |
Theoretical Value | 0.55 |
Open Interest | 64 |
Strike Price | 27.5 |
Last Traded At | 0.8 |
Current Price Spread | 0.45 | 0.65 |
Rule 16 Daily Up or Down | USD 0.0159 |
Cracker short PUT Option Greeks
Cracker Barrel's Option Greeks for the contract ending on 2025-06-20 at a strike price of 27.5 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 Cracker Barrel's option greeks, its implied volatility helps estimate the risk of Cracker Barrel stock implied by the prices of the options on Cracker Barrel's stock.
Delta | -0.085311 | |
Gamma | 0.012671 | |
Theta | -0.010931 | |
Vega | 0.030137 | |
Rho | -0.008559 |
Cracker long PUT Option Payoff at expiration
Put options written on Cracker Barrel grant holders of the option the right to sell a specified amount of Cracker Barrel 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 Cracker Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Cracker Barrel is like buying insurance aginst Cracker Barrel's downside shift.
Profit |
Cracker Barrel Price At Expiration |
Cracker short PUT Option Payoff at expiration
By selling Cracker Barrel's put option, the investors signal their bearish sentiment. A short position in a put option written on Cracker Barrel will generally make money when the underlying price is above the strike price. Therefore Cracker Barrel's put payoff at expiration depends on where the Cracker Stock price is relative to the put option strike price. The breakeven price of 26.95 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 Cracker Barrel's price. Finally, at the strike price of 27.5, the payoff chart is constant and positive.
Profit |
Cracker Barrel Price At Expiration |
Cracker Barrel Old Available Put Options
Cracker Barrel's option chain is a display of a range of information that helps investors for ways to trade options on Cracker. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cracker. It also shows strike prices and maturity days for a Cracker Barrel 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 | CBRL250620P00095000 | 0 | 95.0 | 53.9 - 56.6 | 53.9 | In |
Put | CBRL250620P00090000 | 0 | 90.0 | 48.5 - 51.4 | 48.5 | In |
Put | CBRL250620P00085000 | 0 | 85.0 | 43.9 - 46.6 | 43.9 | In |
Put | CBRL250620P00080000 | 0 | 80.0 | 39.0 - 41.6 | 39.0 | In |
Put | CBRL250620P00075000 | 0 | 75.0 | 34.0 - 36.7 | 34.0 | In |
Put | CBRL250620P00072500 | 0 | 72.5 | 31.3 - 34.7 | 31.3 | In |
Put | CBRL250620P00070000 | 3 | 70.0 | 29.0 - 32.4 | 16.4 | In |
Put | CBRL250620P00067500 | 14 | 67.5 | 26.5 - 29.2 | 15.5 | In |
Put | CBRL250620P00065000 | 5 | 65.0 | 23.6 - 26.7 | 23.47 | In |
Put | CBRL250620P00062500 | 11 | 62.5 | 22.4 - 23.5 | 7.8 | In |
Put | CBRL250620P00060000 | 29 | 60.0 | 20.1 - 20.7 | 20.7 | In |
Put | CBRL250620P00057500 | 24 | 57.5 | 17.4 - 18.3 | 15.7 | In |
Put | CBRL250620P00055000 | 44 | 55.0 | 15.2 - 16.7 | 12.55 | In |
Put | CBRL250620P00052500 | 173 | 52.5 | 13.0 - 13.5 | 13.1 | In |
Put | CBRL250620P00050000 | 154 | 50.0 | 10.8 - 11.2 | 10.4 | In |
Put | CBRL250620P00047500 | 42 | 47.5 | 7.5 - 9.5 | 8.3 | In |
Put | CBRL250620P00045000 | 104 | 45.0 | 6.3 - 7.2 | 7.69 | In |
Put | CBRL250620P00042500 | 103 | 42.5 | 4.4 - 5.6 | 5.5 | In |
Put | CBRL250620P00040000 | 167 | 40.0 | 3.8 - 4.2 | 3.7 | Out |
Put | CBRL250620P00037500 | 213 | 37.5 | 1.75 - 3.1 | 2.9 | Out |
Put | CBRL250620P00035000 | 1100 | 35.0 | 1.3 - 2.55 | 1.9 | Out |
Put | CBRL250620P00032500 | 87 | 32.5 | 0.95 - 1.45 | 1.1 | Out |
Put | CBRL250620P00030000 | 113 | 30.0 | 0.75 - 0.95 | 0.78 | Out |
Put | CBRL250620P00027500 | 64 | 27.5 | 0.45 - 0.65 | 0.8 | Out |
Put | CBRL250620P00025000 | 11 | 25.0 | 0.25 - 0.45 | 0.53 | Out |
Put | CBRL250620P00020000 | 2 | 20.0 | 0.0 - 0.95 | 0.15 | Out |
Cracker Barrel Corporate Management
Craig Pommells | VP Officer | Profile | |
Jennifer Tate | VP Officer | Profile | |
Cammie SpillyardsSchaefer | Senior Operations | Profile | |
Jessica Hazel | Director Relations | Profile | |
Bruce Hoffmeister | Senior Officer | Profile | |
William Moreton | Advisor | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cracker Barrel Old. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Hotels, Restaurants & Leisure 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 Cracker Barrel. If investors know Cracker 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 Cracker Barrel 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 (0.17) | Dividend Share 2.05 | Earnings Share 1.6 | Revenue Per Share | Quarterly Revenue Growth 0.015 |
The market value of Cracker Barrel Old is measured differently than its book value, which is the value of Cracker that is recorded on the company's balance sheet. Investors also form their own opinion of Cracker Barrel's value that differs from its market value or its book value, called intrinsic value, which is Cracker Barrel'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 Cracker Barrel's market value can be influenced by many factors that don't directly affect Cracker Barrel'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 Cracker Barrel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cracker Barrel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cracker Barrel'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.