Aris Mining Corp (Symbol: ARMN) has launched new options trading for a September 18th expiration date, with 246 days until expiry. Notable contracts include a put option at the $17.50 strike price, currently bidding at $1.35. This contract implies a purchase commitment at $17.50 while allowing for a cost basis of $16.15, reflecting a potential 3% discount from the current share price of $18.09.
Conversely, a call option at the $22.50 strike price is trading at 50 cents. If the stock is sold at this price upon expiration, the projected total return could reach 27.14%, excluding dividends. The current odds suggest a 54% chance that the call contract may expire worthless.
Implied volatility for both the put and call contracts stands at approximately 68%, contrasting with the actual trailing twelve-month volatility, calculated at 52%.
