Summit Midstream Stock Options
| SMC Stock | 28.93 0.07 0.24% |
Summit Midstream's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 1.27 with a put-to-call open interest ratio of 0.01 over 16 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 20th 2026.
Open Interest Against March 20th 2026 Option Contracts
2026-03-20
The chart above shows Summit Midstream'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. Summit Midstream's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Summit Midstream's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Summit Midstream
Analyzing Summit Midstream's in-the-money options over time can help investors to take a profitable long position in Summit Midstream regardless of its overall volatility. This is especially true when Summit Midstream's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Summit Midstream's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Summit Midstream's stock while costing only a fraction of its price.
Summit Midstream's stock options are financial instruments that give investors the right to buy or sell shares of Summit Midstream common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Summit stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Summit Midstream's stock price goes up or down, the stock options follow.
The current year's Total Stockholder Equity is expected to grow to about 595.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 8.8 M. Summit Midstream In The Money Call Balance
When Summit Midstream's strike price is surpassing the current stock price, the option contract against Summit Midstream stock is said to be in the money. When it comes to buying Summit Midstream'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 Summit Midstream 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.
Summit Current Options Market Mood
Summit Midstream'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 Summit 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 Summit Midstream'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. Summit Midstream'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 Summit contract
Base on the Rule 16, the options market is currently suggesting that Summit Midstream will have an average daily up or down price movement of about 0.0794% per day over the life of the 2026-03-20 option contract. With Summit Midstream trading at USD 28.93, that is roughly USD 0.023. If you think that the market is fully incorporating Summit Midstream's daily price movement you should consider buying Summit Midstream options at the current volatility level of 1.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Summit Midstream 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" Summit calls. Remember, the seller must deliver Summit Midstream stock to the call owner when a call is exercised.
Summit Midstream Option Chain
When Summit Midstream's strike price is surpassing the current stock price, the option contract against Summit Midstream 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.
Summit Midstream's option chain is a display of a range of information that helps investors for ways to trade options on Summit. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Summit. It also shows strike prices and maturity days for a Summit Midstream 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 | SMC260320C00035000 | 85 | 35.0 | 0.0 - 0.5 | 0.5 | Out |
Call | SMC260320C00030000 | 103 | 30.0 | 0.85 - 1.6 | 1.05 | Out |
Call | SMC260320C00025000 | 54 | 25.0 | 3.0 - 5.3 | 4.6 | In |
Call | SMC260320C00022500 | 203 | 22.5 | 4.6 - 7.3 | 4.34 | In |
Call | SMC260320C00020000 | 503 | 20.0 | 8.7 - 9.4 | 8.81 | In |
Call | SMC260320C00017500 | 6 | 17.5 | 9.4 - 13.7 | 6.8 | In |
Call | SMC260320C00015000 | 0 | 15.0 | 11.8 - 15.9 | 12.36 | In |
Call | SMC260320C00012500 | 0 | 12.5 | 12.2 - 20.2 | 8.0 | In |
Put | SMC260320P00012500 | 1 | 12.5 | 0.0 - 3.4 | 0.4 | Out |
Put | SMC260320P00015000 | 0 | 15.0 | 0.0 - 3.4 | 3.4 | |
Put | SMC260320P00017500 | 2 | 17.5 | 0.0 - 3.4 | 0.35 | Out |
Put | SMC260320P00020000 | 1 | 20.0 | 0.0 - 3.5 | 1.5 | Out |
Put | SMC260320P00022500 | 2 | 22.5 | 0.0 - 3.6 | 0.8 | Out |
Put | SMC260320P00025000 | 1 | 25.0 | 0.0 - 3.7 | 1.8 | Out |
Put | SMC260320P00030000 | 0 | 30.0 | 1.85 - 4.4 | 1.85 | In |
Put | SMC260320P00035000 | 0 | 35.0 | 4.4 - 8.3 | 4.4 | In |
Summit Total Stockholder Equity
Total Stockholder Equity |
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Summit Midstream Corporate Management
| James Johnston | General VP | Profile | |
| Carrie Vruno | VP Controller | Profile | |
| Hugo Guerrero | Senior Operations | Profile | |
| Randall Burton | Treasurer Finance | Profile | |
| Christopher Tennant | Senior Officer | Profile | |
| Matthew Sicinski | Senior Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Midstream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Will Oil & Gas Storage & Transportation sector continue expanding? Could Summit diversify its offerings? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Summit Midstream data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (3.34) | Revenue Per Share | Quarterly Revenue Growth 0.404 | Return On Assets | Return On Equity |
Summit Midstream's market price often diverges from its book value, the accounting figure shown on Summit's balance sheet. Smart investors calculate Summit Midstream's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Summit Midstream's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.