null Option on Open Text Corp
| OTEX Stock | USD 32.77 0.31 0.96% |
Open Text's latest option contracts expiring on February 20th 2026 are carrying combined implied volatility of 0.88 with a put-to-call open interest ratio of 0.47 over 29 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on February 20th 2026. The total put volume is at 2.0, with calls trading at the volume of 11.0. This yields a 0.18 put-to-call volume ratio.
Open Interest Against February 20th 2026 Option Contracts
Open Text option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Open Text's lending market. For example, when Open Text's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Open Text, he or she must hedge the risk by shorting Open Text stock over its option's life.
2026-02-20
The chart above shows Open Text'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. Open Text's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Open Text's option, there is no secondary market available for investors to trade.
Open Text Maximum Pain Price Across 2026-02-20 Option Contracts
Max pain occurs when Open Text's market makers reach a net positive position across all Open Text's options at a strike price where option holders stand to lose the most money. By contrast, Open Text'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 Open Text
Analyzing Open Text's in-the-money options over time can help investors to take a profitable long position in Open Text regardless of its overall volatility. This is especially true when Open Text's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Open Text's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Open Text's stock while costing only a fraction of its price.
Open Text Corp In The Money Call Balance
When Open Text's strike price is surpassing the current stock price, the option contract against Open Text Corp stock is said to be in the money. When it comes to buying Open Text's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Open Text Corp are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Open Current Options Market Mood
Open Text'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 Open 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
Most options investors, including buyers and sellers of Open Text's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Open Text'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 Open contract
Base on the Rule 16, the options market is currently suggesting that Open Text Corp will have an average daily up or down price movement of about 0.055% per day over the life of the 2026-02-20 option contract. With Open Text trading at USD 32.77, that is roughly USD 0.018. If you think that the market is fully incorporating Open Text's daily price movement you should consider buying Open Text Corp options at the current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Open Text 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" Open calls. Remember, the seller must deliver Open Text Corp stock to the call owner when a call is exercised.
Open Text Option Chain
When Open Text's strike price is surpassing the current stock price, the option contract against Open Text Corp 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.
Open Text's option chain is a display of a range of information that helps investors for ways to trade options on Open. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Open. It also shows strike prices and maturity days for a Open Text 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 | OTEX260220C00055000 | 3 | 55.0 | 0.0 - 2.15 | 0.3 | Out |
Call | OTEX260220C00050000 | 163 | 50.0 | 0.0 - 2.15 | 0.1 | Out |
Call | OTEX260220C00047500 | 1 | 47.5 | 0.0 - 2.15 | 0.9 | Out |
Call | OTEX260220C00045000 | 97 | 45.0 | 0.0 - 2.15 | 0.1 | Out |
Call | OTEX260220C00042500 | 608 | 42.5 | 0.0 - 1.0 | 0.75 | Out |
Call | OTEX260220C00040000 | 75 | 40.0 | 0.0 - 2.2 | 0.16 | Out |
Call | OTEX260220C00037500 | 103 | 37.5 | 0.0 - 0.75 | 0.4 | Out |
Call | OTEX260220C00035000 | 66 | 35.0 | 0.25 - 0.85 | 0.85 | Out |
Call | OTEX260220C00032500 | 119 | 32.5 | 0.75 - 2.7 | 1.2 | In |
Call | OTEX260220C00030000 | 99 | 30.0 | 3.0 - 4.7 | 3.2 | In |
Call | OTEX260220C00027500 | 43 | 27.5 | 3.6 - 7.2 | 5.2 | In |
Call | OTEX260220C00025000 | 31 | 25.0 | 6.6 - 9.9 | 10.9 | In |
Call | OTEX260220C00022500 | 20 | 22.5 | 8.4 - 12.6 | 13.6 | In |
Call | OTEX260220C00020000 | 40 | 20.0 | 10.9 - 15.1 | 17.4 | In |
Put | OTEX260220P00055000 | 0 | 55.0 | 20.3 - 24.3 | 20.3 | In |
Put | OTEX260220P00050000 | 0 | 50.0 | 15.3 - 19.3 | 15.3 | In |
Put | OTEX260220P00047500 | 0 | 47.5 | 12.8 - 16.8 | 12.8 | In |
Put | OTEX260220P00045000 | 0 | 45.0 | 10.3 - 14.3 | 10.3 | In |
Put | OTEX260220P00042500 | 0 | 42.5 | 7.8 - 11.8 | 7.8 | In |
Put | OTEX260220P00040000 | 1 | 40.0 | 5.3 - 9.3 | 4.93 | In |
Put | OTEX260220P00037500 | 12 | 37.5 | 3.4 - 6.1 | 4.0 | In |
Put | OTEX260220P00035000 | 58 | 35.0 | 1.45 - 3.9 | 2.9 | In |
Put | OTEX260220P00032500 | 29 | 32.5 | 0.2 - 3.5 | 1.61 | Out |
Put | OTEX260220P00030000 | 417 | 30.0 | 0.1 - 0.9 | 0.52 | Out |
Put | OTEX260220P00027500 | 48 | 27.5 | 0.0 - 2.15 | 0.25 | Out |
Put | OTEX260220P00025000 | 113 | 25.0 | 0.0 - 2.15 | 0.15 | Out |
Put | OTEX260220P00022500 | 1 | 22.5 | 0.0 - 2.15 | 0.29 | Out |
Put | OTEX260220P00020000 | 10 | 20.0 | 0.0 - 2.15 | 0.55 | Out |
Put | OTEX260220P00017500 | 1 | 17.5 | 0.0 - 2.15 | 0.5 | Out |
Open Text Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Open Total Stockholder Equity
Total Stockholder Equity |
|
Open Text Corporate Management
| Howard CPA | VP Officer | Profile | |
| Brian Sweeney | Executive Officer | Profile | |
| Michael Acedo | Chief VP | Profile | |
| Denise Miura | Senior Japan | Profile | |
| Renee McKenzie | Ex Officer | Profile |
Additional Tools for Open Stock Analysis
When running Open Text's price analysis, check to measure Open Text'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 Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.