Dow Stock Options

DOW Stock  USD 36.97  0.74  2.04%   
Dow's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.53 with a put-to-call open interest ratio of 1.03 over 48 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on June 20th 2025. The total put volume is at 89.0, with calls trading at the volume of 486. This yields a 0.18 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

Dow 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 Dow's lending market. For example, when Dow'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 Dow, he or she must hedge the risk by shorting Dow stock over its option's life.
The chart above shows Dow'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. Dow's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Dow's option, there is no secondary market available for investors to trade.

Dow Maximum Pain Price Across 2025-06-20 Option Contracts

Max pain occurs when Dow's market makers reach a net positive position across all Dow's options at a strike price where option holders stand to lose the most money. By contrast, Dow'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 Dow

Analyzing Dow's in-the-money options over time can help investors to take a profitable long position in Dow regardless of its overall volatility. This is especially true when Dow's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Dow's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Dow's stock while costing only a fraction of its price.

Dow Inc In The Money Call Balance

When Dow's strike price is surpassing the current stock price, the option contract against Dow Inc stock is said to be in the money. When it comes to buying Dow'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 Dow Inc 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.

Dow Current Options Market Mood

Dow'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 Dow 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

Unfortunately, most Dow's options investors are not very successful. Dow'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 Dow contract

Base on the Rule 16, the options market is currently suggesting that Dow Inc will have an average daily up or down price movement of about 0.0331% per day over the life of the 2025-06-20 option contract. With Dow trading at USD 36.97, that is roughly USD 0.0122. If you think that the market is fully incorporating Dow's daily price movement you should consider buying Dow Inc options at the current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Dow 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" Dow calls. Remember, the seller must deliver Dow Inc stock to the call owner when a call is exercised.

Dow Option Chain

When Dow's strike price is surpassing the current stock price, the option contract against Dow Inc 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.
Dow's option chain is a display of a range of information that helps investors for ways to trade options on Dow. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Dow. It also shows strike prices and maturity days for a Dow 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 IntStrike PriceCurrent SpreadLast Price
Call
DOW250620C00090000090.00.0 - 1.270.24Out
Call
DOW250620C000850002185.00.0 - 1.270.06Out
Call
DOW250620C0008000017480.00.0 - 1.150.05Out
Call
DOW250620C00075000149875.00.02 - 0.20.02Out
Call
DOW250620C00070000147570.00.0 - 2.140.02Out
Call
DOW250620C0006750054167.50.0 - 0.950.02Out
Call
DOW250620C0006500091765.00.01 - 0.10.06Out
Call
DOW250620C00062500127562.50.01 - 0.150.15Out
Call
DOW250620C00060000175460.00.01 - 0.10.04Out
Call
DOW250620C00057500191157.50.01 - 0.10.05Out
Call
DOW250620C00055000124055.00.01 - 0.080.03Out
Call
DOW250620C00052500180352.50.05 - 0.150.1Out
Call
DOW250620C00050000560250.00.06 - 0.140.1Out
Call
DOW250620C00047500162947.50.1 - 0.170.14Out
Call
DOW250620C00045000538645.00.23 - 0.320.3Out
Call
DOW250620C00042500902442.50.4 - 0.630.6Out
Call
DOW250620C00040000655140.01.09 - 1.21.18Out
Call
DOW250620C00037500714037.52.09 - 2.22.15Out
Call
DOW250620C00035000375735.03.55 - 3.653.62In
Call
DOW250620C00032500248032.55.4 - 5.55.0In
Call
DOW250620C0003000051130.06.55 - 7.756.9In
Call
DOW250620C00027500727.58.85 - 10.09.1In
Call
DOW250620C000250005525.011.85 - 12.4511.25In
Call
DOW250620C00022500722.514.65 - 14.8515.6In
 Put
DOW250620P00090000090.051.8 - 53.1552.95In
 Put
DOW250620P00085000085.047.85 - 48.447.8In
 Put
DOW250620P00080000080.042.9 - 43.841.35In
 Put
DOW250620P00075000075.036.9 - 38.836.6In
 Put
DOW250620P00070000070.032.95 - 35.0532.95In
 Put
DOW250620P00067500267.530.4 - 31.6516.29In
 Put
DOW250620P00065000065.027.5 - 29.8524.65In
 Put
DOW250620P000625001362.525.45 - 26.6510.3In
 Put
DOW250620P000600003360.022.05 - 23.2522.0In
 Put
DOW250620P00057500117257.520.55 - 20.8519.45In
 Put
DOW250620P00055000183455.018.1 - 18.2519.13In
 Put
DOW250620P00052500166052.515.65 - 15.814.82In
 Put
DOW250620P00050000348950.013.2 - 13.413.35In
 Put
DOW250620P00047500447247.510.75 - 11.011.17In
 Put
DOW250620P00045000382845.08.4 - 8.77.33In
 Put
DOW250620P00042500522142.55.85 - 6.356.37In
 Put
DOW250620P00040000494740.04.25 - 4.44.5In
 Put
DOW250620P00037500669137.52.56 - 2.912.8In
 Put
DOW250620P00035000520135.01.46 - 1.671.68Out
 Put
DOW250620P00032500369032.50.87 - 0.930.92Out
 Put
DOW250620P000300001157830.00.41 - 0.510.5Out
 Put
DOW250620P00027500143627.50.23 - 0.290.35Out
 Put
DOW250620P0002500050725.00.14 - 0.50.14Out
 Put
DOW250620P0002250051922.50.08 - 0.150.14Out

Dow Total Stockholder Equity

Total Stockholder Equity

17.01 Billion

At this time, Dow's Total Stockholder Equity is fairly stable compared to the past year.

Dow Corporate Directors

Debra DialIndependent DirectorProfile
Luis MorenoIndependent DirectorProfile
Jacqueline BartonIndependent DirectorProfile
Ajaypal BangaIndependent DirectorProfile

Additional Tools for Dow Stock Analysis

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