CP241220P00077500 Option on Canadian Pacific Railway

CP Stock  USD 77.49  1.19  1.56%   
Canadian Pacific's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.39 with a put-to-call open interest ratio of 1.16 over 26 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on April 17th 2025. The total put volume is at 84.0, with calls trading at the volume of 4.0. This yields a 21.0 put-to-call volume ratio.

Open Interest Against April 17th 2025 Option Contracts

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

Canadian Pacific Maximum Pain Price Across 2025-04-17 Option Contracts

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

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

Canadian Current Options Market Mood

Canadian Pacific's 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 Canadian 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 Canadian Pacific's options investors are not very successful. Canadian Pacific's 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 Canadian contract

Base on the Rule 16, the options market is currently suggesting that Canadian Pacific Railway will have an average daily up or down price movement of about 0.0244% per day over the life of the 2025-04-17 option contract. With Canadian Pacific trading at USD 77.49, that is roughly USD 0.0189. If you think that the market is fully incorporating Canadian Pacific's daily price movement you should consider buying Canadian Pacific Railway options at the current volatility level of 0.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Canadian Pacific 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" Canadian calls. Remember, the seller must deliver Canadian Pacific Railway stock to the call owner when a call is exercised.

Canadian Pacific Option Chain

When Canadian Pacific's strike price is surpassing the current stock price, the option contract against Canadian Pacific Railway 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.
Canadian Pacific's option chain is a display of a range of information that helps investors for ways to trade options on Canadian. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Canadian. It also shows strike prices and maturity days for a Canadian Pacific 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
CP250417C000775003677.52.95 - 3.12.65Out
Call
CP250417C000800009580.01.5 - 1.951.65Out
Call
CP250417C00082500682.50.55 - 2.050.9Out
Call
CP250417C000850002185.00.35 - 0.60.4Out
Call
CP250417C00087500087.50.0 - 1.51.5Out
Call
CP250417C00090000090.00.0 - 0.750.75Out
Call
CP250417C00095000095.00.0 - 0.150.15Out
Call
CP250417C001000000100.00.0 - 0.750.75Out
Call
CP250417C001050000105.00.0 - 0.750.75Out
Call
CP250417C001100000110.00.0 - 0.750.75Out
Call
CP250417C001150000115.00.0 - 0.50.5Out
 Put
CP250417P000600001560.00.05 - 0.40.18Out
 Put
CP250417P000700001870.00.55 - 0.70.64Out
 Put
CP250417P000725005872.50.95 - 1.11.1Out
 Put
CP250417P000750006675.01.65 - 1.751.69Out
 Put
CP250417P000775002677.52.5 - 3.33.0Out
 Put
CP250417P00080000080.03.8 - 4.23.8In
 Put
CP250417P00082500082.55.4 - 5.75.4In
 Put
CP250417P00085000085.05.9 - 9.55.9In
 Put
CP250417P00087500087.58.7 - 11.98.7In
 Put
CP250417P00090000090.011.9 - 14.311.9In
 Put
CP250417P00095000095.015.5 - 19.415.5In
 Put
CP250417P001000000100.020.7 - 24.420.7In
 Put
CP250417P001050000105.025.8 - 29.425.8In
 Put
CP250417P001100000110.030.5 - 34.430.5In
 Put
CP250417P001150000115.035.5 - 39.435.5In

Canadian Pacific Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Canadian Total Stockholder Equity

Total Stockholder Equity

50.29 Billion

At this time, Canadian Pacific's Total Stockholder Equity is relatively stable compared to the past year.

Canadian Pacific Corporate Directors

Gillian DenhamIndependent DirectorProfile
Jane PeverettIndependent DirectorProfile
Edward HambergerIndependent DirectorProfile
John BairdIndependent DirectorProfile

Additional Tools for Canadian Stock Analysis

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