HP Option Call 20-12-2024 47 Option on Helmerich and Payne

HP Stock  USD 35.25  0.07  0.20%   
HP Option Call 20-12-2024 47 is a CALL option contract on Helmerich's common stock with a strick price of 47.5 expiring on 2024-12-20. The contract was last traded on 2024-10-21 at 10:35:30 for $0.12 and, as of today, has 17 days remaining before the expiration. The option is currently trading at an ask price of $0.35. The implied volatility as of the 3rd of December is 17.0.
  
Call options on Helmerich give the investor right to buy Helmerich Stock at a specified price within a specific period. If Helmerich's price is above the strike price at expiry, the profit is the current Helmerich's stock price, minus the strike price and the premium.

Rule 16 of 2024-12-20 Option Contract

The options market is anticipating that Helmerich and Payne will have an average daily up or down price movement of about 0.0526% per day over the life of the option. With Helmerich trading at USD 35.25, that is roughly USD 0.0185. If you think that the market is fully understating Helmerich's daily price movement you should consider buying Helmerich and Payne options at that current volatility level of 0.84%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Helmerich

An 'Out of The Money' option on Helmerich has a strike price that Helmerich 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 Helmerich's 'Out of The Money' options include buying the options if you expect a big move in Helmerich'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 NameHP Option Call 20-12-2024 47
Expires On2024-12-20
Days Before Expriration17
Last Traded On2024-10-21 10:35:30
Open Interest47
Current Trading Volume1.0
Strike Price47.5
Last Traded At0.12
Current Price Spread0.0 | 0.35
Rule 16 Daily Up or DownUSD 0.0185

Helmerich long CALL Option Payoff at expiration

Buying Helmerich's call option is the simplest of option trades. A call option on Helmerich Stock gives investors the right (but not the obligation) to purchase Helmerich at the given strike price. Therefore Helmerich's call intrinsic value or payoff at expiration depends on where the Helmerich Stock price is relative to the call option strike price. The strike price of 47.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Helmerich's price. Finally, at the break-even point of 47.5, the line crosses zero, and trading Helmerich becomes profitable.
   Profit   
       Helmerich Price At Expiration  

Helmerich short CALL Option Payoff at expiration

By selling Helmerich's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Helmerich will generally make money when the underlying price goes down. Therefore Helmerich's call intrinsic value or payoff at expiration depends on where the Helmerich Stock price is relative to the call option strike price. The strike price of 47.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Helmerich's price. Finally, at the break-even point of 47.5, the line crosses zero, and trading Helmerich becomes disadvantageous with no downside limits.
   Profit   
       Helmerich Price At Expiration  
View All Helmerich Options

Helmerich and Payne Available Call Options

Helmerich's option chain is a display of a range of information that helps investors for ways to trade options on Helmerich. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Helmerich. It also shows strike prices and maturity days for a Helmerich 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 IntExpirationCurrent SpreadLast Price
Call
HP Option Call 20-12-2024 2062024-12-2016.1 - 16.711.0In
Call
HP Option Call 20-12-2024 2222024-12-2012.8 - 15.711.65In
Call
HP Option Call 20-12-2024 2502024-12-200.0 - 0.011.8In
Call
HP Option Call 20-12-2024 27332024-12-200.0 - 0.07.4In
Call
HP Option Call 20-12-2024 30332024-12-200.0 - 0.04.85In
Call
HP Option Call 20-12-2024 322212024-12-200.0 - 0.03.3In
Call
HP Option Call 20-12-2024 354672024-12-200.0 - 0.01.55In
Call
HP Option Call 20-12-2024 379372024-12-200.0 - 0.00.41Out
Call
HP Option Call 20-12-2024 404292024-12-200.0 - 0.00.12Out
Call
HP Option Call 20-12-2024 421562024-12-200.0 - 0.00.05Out
Call
HP Option Call 20-12-2024 452342024-12-200.0 - 0.00.11Out
Call
HP Option Call 20-12-2024 47472024-12-200.0 - 0.350.12Out
Call
HP Option Call 20-12-2024 50682024-12-200.0 - 0.250.5Out
Call
HP Option Call 20-12-2024 555712024-12-200.0 - 0.00.1Out

Helmerich Corporate Directors

Edward RustIndependent DirectorProfile
Jose MasIndependent DirectorProfile
Mary VanDeWegheIndependent DirectorProfile
Thomas PetrieIndependent DirectorProfile

Additional Tools for Helmerich Stock Analysis

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