CNX250117P00015000 Option on CNX Resources Corp

CNX Stock  USD 31.73  0.30  0.94%   
CNX Resources' latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.37 with a put-to-call open interest ratio of 0.48 over 54 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 24.0, with calls trading at the volume of 136. This yields a 0.18 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

CNX Resources option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in CNX Resources' lending market. For example, when CNX Resources' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on CNX Resources, he or she must hedge the risk by shorting CNX Resources stock over its option's life.
The chart above shows CNX Resources' 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. CNX Resources' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for CNX Resources' option, there is no secondary market available for investors to trade.

CNX Resources Maximum Pain Price Across 2025-06-20 Option Contracts

Max pain occurs when CNX Resources' market makers reach a net positive position across all CNX Resources' options at a strike price where option holders stand to lose the most money. By contrast, CNX Resources' 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 CNX Resources

Analyzing CNX Resources' in-the-money options over time can help investors to take a profitable long position in CNX Resources regardless of its overall volatility. This is especially true when CNX Resources' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money CNX Resources' options could be used as guardians of the underlying stock as they move almost dollar for dollar with CNX Resources' stock while costing only a fraction of its price.

CNX Resources Corp In The Money Call Balance

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

CNX Current Options Market Mood

CNX Resources' 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 CNX 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

Most options investors, including buyers and sellers of CNX Resources' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. CNX Resources' 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 CNX contract

Base on the Rule 16, the options market is currently suggesting that CNX Resources Corp will have an average daily up or down price movement of about 0.0231% per day over the life of the 2025-06-20 option contract. With CNX Resources trading at USD 31.73, that is roughly USD 0.007338. If you think that the market is fully incorporating CNX Resources' daily price movement you should consider buying CNX Resources Corp options at the current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing CNX Resources 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" CNX calls. Remember, the seller must deliver CNX Resources Corp stock to the call owner when a call is exercised.

CNX Resources Option Chain

When CNX Resources' strike price is surpassing the current stock price, the option contract against CNX Resources Corp 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.
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
CNX250620C00055000855.00.0 - 2.150.3Out
Call
CNX250620C000500001550.00.0 - 2.151.8Out
Call
CNX250620C00049000049.00.0 - 0.750.75Out
Call
CNX250620C00048000048.00.0 - 2.22.2Out
Call
CNX250620C00047000047.00.0 - 0.750.75Out
Call
CNX250620C00046000746.00.0 - 0.752.92Out
Call
CNX250620C00045000145.00.0 - 0.30.2Out
Call
CNX250620C00044000044.00.0 - 0.250.25Out
Call
CNX250620C00043000043.00.0 - 0.550.2Out
Call
CNX250620C00042000242.00.0 - 0.60.25Out
Call
CNX250620C000410001041.00.0 - 0.750.35Out
Call
CNX250620C000400001140.00.25 - 0.450.5Out
Call
CNX250620C00039000239.00.0 - 0.850.45Out
Call
CNX250620C00038000238.00.0 - 0.650.6Out
Call
CNX250620C00037000637.00.05 - 1.41.0Out
Call
CNX250620C00036000936.00.5 - 2.051.09Out
Call
CNX250620C000350006435.00.65 - 1.951.37Out
Call
CNX250620C000340005334.00.65 - 2.61.74Out
Call
CNX250620C0003300016533.01.85 - 2.21.6Out
Call
CNX250620C0003200012732.01.5 - 2.852.42Out
Call
CNX250620C0003100010131.02.85 - 3.13.0In
Call
CNX250620C00030000102930.03.5 - 3.73.75In
Call
CNX250620C00029000429.04.2 - 4.42.85In
Call
CNX250620C000280002828.04.6 - 5.83.3In
Call
CNX250620C00027000527.05.2 - 6.410.3In
Call
CNX250620C00025000525.06.9 - 9.24.5In
Call
CNX250620C00020000320.011.5 - 14.07.71In
 Put
CNX250620P00055000055.022.8 - 24.022.8In
 Put
CNX250620P00050000050.017.9 - 19.713.5In
 Put
CNX250620P00049000049.016.9 - 17.916.9In
 Put
CNX250620P00048000048.015.9 - 17.015.9In
 Put
CNX250620P00047000047.014.9 - 15.814.9In
 Put
CNX250620P00046000046.013.7 - 15.513.7In
 Put
CNX250620P00045000045.012.9 - 14.012.9In
 Put
CNX250620P00044000044.011.9 - 12.911.9In
 Put
CNX250620P00043000043.010.9 - 11.95.5In
 Put
CNX250620P00042000442.09.8 - 10.87.5In
 Put
CNX250620P00040000940.07.9 - 8.85.0In
 Put
CNX250620P00039000239.07.0 - 7.94.7In
 Put
CNX250620P00038000838.06.1 - 7.16.4In
 Put
CNX250620P000370001937.05.5 - 6.24.9In
 Put
CNX250620P000360009436.04.8 - 5.25.3In
 Put
CNX250620P000350001635.03.8 - 4.33.8In
 Put
CNX250620P000340003234.02.25 - 3.83.5In
 Put
CNX250620P000330003733.02.3 - 3.22.85In
 Put
CNX250620P000320002732.02.25 - 2.72.22In
 Put
CNX250620P000310007031.01.8 - 2.251.89Out
 Put
CNX250620P000300009830.01.4 - 1.751.54Out
 Put
CNX250620P000290007629.01.15 - 1.41.18Out
 Put
CNX250620P0002800012028.00.9 - 1.21.25Out
 Put
CNX250620P00027000627.00.65 - 0.90.53Out
 Put
CNX250620P000260006526.00.5 - 0.91.14Out
 Put
CNX250620P0002200010022.00.0 - 2.30.55Out
 Put
CNX250620P000200001020.00.0 - 0.750.3Out

CNX Resources Market Cap Over Time

   Market Cap   
       Timeline  

CNX Total Stockholder Equity

Total Stockholder Equity

2.74 Billion

At this time, CNX Resources' Total Stockholder Equity is fairly stable compared to the past year.

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.