PUMP241220P00010000 Option on ProPetro Holding Corp
| PUMP Stock | USD 9.67 0.38 4.09% |
ProPetro Holding's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.12 with a put-to-call open interest ratio of 1.27 over 9 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 33.0, with calls trading at the volume of 33.0. This yields a 0.77 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows ProPetro Holding'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. ProPetro Holding's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ProPetro Holding's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on ProPetro Holding
Analyzing ProPetro Holding's in-the-money options over time can help investors to take a profitable long position in ProPetro Holding regardless of its overall volatility. This is especially true when ProPetro Holding's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ProPetro Holding's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ProPetro Holding's stock while costing only a fraction of its price.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
ProPetro Holding Corp In The Money Call Balance
When ProPetro Holding's strike price is surpassing the current stock price, the option contract against ProPetro Holding Corp stock is said to be in the money. When it comes to buying ProPetro Holding'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 ProPetro Holding 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.
ProPetro Current Options Market Mood
ProPetro Holding'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 ProPetro 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 ProPetro Holding'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. ProPetro Holding'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 ProPetro contract
Base on the Rule 16, the options market is currently suggesting that ProPetro Holding Corp will have an average daily up or down price movement of about 0.07% per day over the life of the 2024-12-20 option contract. With ProPetro Holding trading at USD 9.67, that is roughly USD 0.006769. If you think that the market is fully incorporating ProPetro Holding's daily price movement you should consider buying ProPetro Holding Corp options at the current volatility level of 1.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ProPetro |
Purchasing ProPetro Holding 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" ProPetro calls. Remember, the seller must deliver ProPetro Holding Corp stock to the call owner when a call is exercised.
ProPetro Holding Option Chain
When ProPetro Holding's strike price is surpassing the current stock price, the option contract against ProPetro Holding 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.
ProPetro Holding's option chain is a display of a range of information that helps investors for ways to trade options on ProPetro. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ProPetro. It also shows strike prices and maturity days for a ProPetro Holding 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 | Expiration | Current Spread | Last Price | |||
Call | PUMP Option Call 20-12-2024 5 | 13 | 2024-12-20 | 4.5 - 4.8 | 3.4 | In |
Call | PUMP Option Call 20-12-2024 7 | 276 | 2024-12-20 | 2.0 - 2.2 | 2.2 | In |
Call | PUMP Option Call 20-12-2024 10 | 536 | 2024-12-20 | 0.15 - 0.25 | 0.18 | Out |
Call | PUMP Option Call 20-12-2024 12 | 24 | 2024-12-20 | 0.0 - 0.25 | 0.05 | Out |
Call | PUMP Option Call 20-12-2024 15 | 6 | 2024-12-20 | 0.0 - 0.2 | 0.19 | Out |
Put | PUMP Option Put 20-12-2024 5 | 20 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | PUMP Option Put 20-12-2024 7 | 1038 | 2024-12-20 | 0.0 - 0.05 | 0.05 | Out |
Put | PUMP Option Put 20-12-2024 10 | 25 | 2024-12-20 | 0.0 - 0.7 | 1.27 | In |
Put | PUMP Option Put 20-12-2024 12 | 1 | 2024-12-20 | 2.65 - 3.0 | 2.9 | In |
ProPetro Total Stockholder Equity
Total Stockholder Equity |
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ProPetro Holding Corporate Directors
| Anthony Best | Lead Independent Director | Profile | |
| Mark Berg | Director | Profile | |
| Alan Douglas | Independent Director | Profile | |
| Jack Moore | Independent Director | Profile |
Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to measure ProPetro Holding'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 ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.