CNX250117C00020000 Option on CNX Resources Corp

CNX Stock  USD 30.64  2.48  7.49%   
CNX250117C00020000 is a PUT option contract on CNX Resources' common stock with a strick price of 20.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 10 days remaining before the expiration. The option is currently trading at a bid price of $5.3, and an ask price of $5.5. The implied volatility as of the 7th of January is 10.0.
  
A put option written on CNX Resources becomes more valuable as the price of CNX Resources drops. Conversely, CNX Resources' put option loses its value as CNX Stock rises.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that CNX Resources Corp will have an average daily up or down price movement of about 0.055% per day over the life of the option. With CNX Resources trading at USD 30.64, that is roughly USD 0.0169. If you think that the market is fully understating CNX Resources' daily price movement you should consider buying CNX Resources Corp options at that current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on CNX Resources

An 'Out of The Money' option on CNX has a strike price that CNX 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 CNX Resources' 'Out of The Money' options include buying the options if you expect a big move in CNX Resources' 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.
Call Contract NameCNX250117C00020000
Expires On2025-01-17
Days Before Expriration10
Delta0.564089
Vega0.066091
Gamma0.015961
Theoretical Value5.4
Open Interest29
Strike Price20.0
Current Price Spread5.3 | 5.5
Rule 16 Daily Up or DownUSD 0.0169

CNX short PUT Option Greeks

CNX Resources' Option Greeks for the contract ending on 2025-01-17 at a strike price of 20.0 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 CNX Resources' option greeks, its implied volatility helps estimate the risk of CNX Resources stock implied by the prices of the options on CNX Resources' stock.
Delta0.564089
Gamma0.015961
Theta-0.001624
Vega0.066091
Rho0.033916

CNX long PUT Option Payoff at expiration

Put options written on CNX Resources grant holders of the option the right to sell a specified amount of CNX Resources 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 CNX Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on CNX Resources is like buying insurance aginst CNX Resources' downside shift.
   Profit   
       CNX Resources Price At Expiration  

CNX short PUT Option Payoff at expiration

By selling CNX Resources' put option, the investors signal their bearish sentiment. A short position in a put option written on CNX Resources will generally make money when the underlying price is above the strike price. Therefore CNX Resources' put payoff at expiration depends on where the CNX Stock price is relative to the put option strike price. The breakeven price of 25.4 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 CNX Resources' price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
   Profit   
       CNX Resources Price At Expiration  
View All CNX Resources Options

CNX Resources Corp Available Call Options

CNX Resources' option chain is a display of a range of information that helps investors for ways to trade options on CNX. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CNX. It also shows strike prices and maturity days for a CNX Resources 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
CNX250117C0000300003.018.8 - 19.718.8Out
Call
CNX250117C00005000105.016.9 - 17.516.9Out
Call
CNX250117C0000800008.013.9 - 14.813.9Out
Call
CNX250117C00010000010.012.3 - 13.012.3Out
Call
CNX250117C000130002713.010.1 - 10.610.1Out
Call
CNX250117C000150002315.08.6 - 9.08.6Out
Call
CNX250117C000170003517.07.1 - 7.47.1Out
Call
CNX250117C000200002920.05.3 - 5.55.3Out
Call
CNX250117C000220002222.04.2 - 4.44.2Out
Call
CNX250117C00025000148225.02.9 - 3.12.9Out
Call
CNX250117C000270001927.02.2 - 2.42.2Out
Call
CNX250117C0003000013630.01.35 - 1.61.35Out
Call
CNX250117C0003500010135.00.65 - 0.80.65Out

CNX Resources Corporate Directors

Bernard LaniganIndependent DirectorProfile
Ian McGuireIndependent DirectorProfile
Tyler LewisDirector - Investor RelationsProfile
William DavisIndependent DirectorProfile

Additional Tools for CNX Stock Analysis

When running CNX Resources' price analysis, check to measure CNX Resources' 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 CNX Resources is operating at the current time. Most of CNX Resources' value examination focuses on studying past and present price action to predict the probability of CNX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNX Resources' price. Additionally, you may evaluate how the addition of CNX Resources to your portfolios can decrease your overall portfolio volatility.