CRSR250117C00020000 Option on Corsair Gaming
CRSR Stock | USD 7.57 0.48 6.77% |
CRSR250117C00020000 is a PUT option contract on Corsair Gaming's 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 11 days remaining before the expiration. The option is currently trading at a bid price of $1.15, and an ask price of $1.4. The implied volatility as of the 6th of January is 11.0.
Corsair |
When exercised, put options on Corsair Gaming produce a short position in Corsair Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Corsair Gaming's downside price movement.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Corsair Gaming will have an average daily up or down price movement of about 0.0251% per day over the life of the option. With Corsair Gaming trading at USD 7.57, that is roughly USD 0.001901. If you think that the market is fully understating Corsair Gaming's daily price movement you should consider buying Corsair Gaming options at that current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Corsair Gaming
An 'Out of The Money' option on Corsair has a strike price that Corsair 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 Corsair Gaming's 'Out of The Money' options include buying the options if you expect a big move in Corsair Gaming'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.
Call Contract Name | CRSR250117C00020000 |
Expires On | 2025-01-17 |
Days Before Expriration | 11 |
Delta | 0.361527 |
Vega | 0.060838 |
Gamma | 0.057427 |
Theoretical Value | 1.28 |
Open Interest | 505 |
Strike Price | 20.0 |
Current Price Spread | 1.15 | 1.4 |
Rule 16 Daily Up or Down | USD 0.001901 |
Corsair short PUT Option Greeks
Corsair Gaming's 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 Corsair Gaming's option greeks, its implied volatility helps estimate the risk of Corsair Gaming stock implied by the prices of the options on Corsair Gaming's stock.
Delta | 0.361527 | |
Gamma | 0.057427 | |
Theta | -0.003171 | |
Vega | 0.060838 | |
Rho | 0.050279 |
Corsair long PUT Option Payoff at expiration
Put options written on Corsair Gaming grant holders of the option the right to sell a specified amount of Corsair Gaming 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 Corsair Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Corsair Gaming is like buying insurance aginst Corsair Gaming's downside shift.
Profit |
Corsair Gaming Price At Expiration |
Corsair short PUT Option Payoff at expiration
By selling Corsair Gaming's put option, the investors signal their bearish sentiment. A short position in a put option written on Corsair Gaming will generally make money when the underlying price is above the strike price. Therefore Corsair Gaming's put payoff at expiration depends on where the Corsair Stock price is relative to the put option strike price. The breakeven price of 21.28 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 Corsair Gaming's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
Profit |
Corsair Gaming Price At Expiration |
Corsair Gaming Available Call Options
Corsair Gaming's option chain is a display of a range of information that helps investors for ways to trade options on Corsair. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Corsair. It also shows strike prices and maturity days for a Corsair Gaming 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 | |||
Call | CRSR250117C00002500 | 12 | 2.5 | 10.0 - 13.8 | 10.0 | Out |
Call | CRSR250117C00005000 | 16 | 5.0 | 7.9 - 11.1 | 7.9 | Out |
Call | CRSR250117C00007500 | 8 | 7.5 | 5.5 - 8.7 | 5.5 | Out |
Call | CRSR250117C00010000 | 19 | 10.0 | 4.8 - 5.8 | 4.8 | Out |
Call | CRSR250117C00012500 | 278 | 12.5 | 4.0 - 4.2 | 4.0 | Out |
Call | CRSR250117C00015000 | 378 | 15.0 | 2.75 - 2.95 | 2.75 | Out |
Call | CRSR250117C00017500 | 526 | 17.5 | 1.85 - 2.0 | 1.85 | Out |
Call | CRSR250117C00020000 | 505 | 20.0 | 1.15 - 1.4 | 1.15 | Out |
Call | CRSR250117C00022500 | 45 | 22.5 | 0.65 - 1.45 | 0.65 | Out |
Call | CRSR250117C00025000 | 243 | 25.0 | 0.2 - 1.25 | 0.2 | Out |
Call | CRSR250117C00030000 | 295 | 30.0 | 0.25 - 0.5 | 0.25 | Out |
Call | CRSR250117C00035000 | 96 | 35.0 | 0.05 - 0.5 | 0.05 | Out |
Corsair Gaming Corporate Management
Michael Buchanan | Senior Sales | Profile | |
Gregg Lakritz | Advisor | Profile | |
Geoff Lyons | Senior Components | Profile | |
Peter Hilliard | Chief Officer | Profile | |
Ronald Veen | Vice Relations | Profile |
Additional Tools for Corsair Stock Analysis
When running Corsair Gaming's price analysis, check to measure Corsair Gaming'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 Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.