Canadian Imperial Bank Options Analysis: $90 Put Contract Attractiveness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Source: NASDAQ.COM
- Put Option Attractiveness: The current bid for the $90.00 put option is $2.80, and if an investor sells to open this contract, they commit to buying the stock at $90.00, effectively lowering their cost basis to $87.20, which represents a 2% discount compared to the current price of $91.91, making it appealing for those interested in CM shares.
- Yield Potential Analysis: Should the put option expire worthless, it would yield a 3.11% return on cash commitment, or 4.62% annualized, highlighting the potential profitability of this strategy, particularly in the current market context.
- Call Option Returns: The $92.50 call option has a current bid of $3.90, and if an investor buys CM shares at $91.91 and sells this call, they could achieve a total return of 4.89% if the stock is called away, but significant upside could be missed if CM shares rise sharply.
- Risk Assessment: Current analytics suggest a 59% chance that the $90.00 put option will expire worthless, while the $92.50 call option has a 47% chance of doing the same, indicating that investors should carefully evaluate potential risks and rewards when selecting their options strategies.
Analyst Views on CM
Wall Street analysts forecast CM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CM is 93.02 USD with a low forecast of 84.94 USD and a high forecast of 99.34 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
4 Hold
1 Sell
Moderate Buy
Current: 93.420
Low
84.94
Averages
93.02
High
99.34
Current: 93.420
Low
84.94
Averages
93.02
High
99.34
About CM
Canadian Imperial Bank of Commerce is a North American financial institution. The Company's segments include Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. Canadian Personal and Business Banking segment provides personal and business clients across Canada with financial advice, services and solutions through banking centers, mobile and online channels. Canadian Commercial Banking and Wealth Management segment provides relationship-oriented banking and wealth management services. U.S. Commercial Banking and Wealth Management segment is focused on middle-market and mid-corporate companies, entrepreneurs, high-net-worth individuals and families, as well as operating personal and small business banking services in six United States markets. Capital Markets segment provides integrated global markets products and services, investment banking and corporate banking solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
