Murphy Oil Stock Options

MUR Stock  USD 32.24  0.81  2.45%   
Murphy Oil's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 0.97 over 27 outstanding agreements suggesting . The total put volume is at 15.0, with calls trading at the volume of 13.0. This yields a 1.15 put-to-call volume ratio.

Open Interest Against April 17th 2025 Option Contracts

The chart above shows Murphy Oil'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. Murphy Oil's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Murphy Oil's option, there is no secondary market available for investors to trade.

Murphy Oil Maximum Pain Price Across 2025-04-17 Option Contracts

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

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

Murphy Oil In The Money Call Balance

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

Murphy Current Options Market Mood

Murphy Oil'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 Murphy 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 Murphy Oil'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. Murphy Oil'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 Murphy contract

Base on the Rule 16, the options market is currently suggesting that Murphy Oil will have an average daily up or down price movement of about 0.0288% per day over the life of the 2025-04-17 option contract. With Murphy Oil trading at USD 32.24, that is roughly USD 0.009269. If you think that the market is fully incorporating Murphy Oil's daily price movement you should consider buying Murphy Oil options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Murphy Oil 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" Murphy calls. Remember, the seller must deliver Murphy Oil stock to the call owner when a call is exercised.

Murphy Oil Option Chain

When Murphy Oil's strike price is surpassing the current stock price, the option contract against Murphy Oil 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.
Murphy Oil's option chain is a display of a range of information that helps investors for ways to trade options on Murphy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Murphy. It also shows strike prices and maturity days for a Murphy Oil 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
MUR250417C00020000420.012.2 - 13.512.5In
Call
MUR250417C000225002222.59.1 - 10.77.5In
Call
MUR250417C000250001225.06.8 - 8.94.5In
Call
MUR250417C000275002627.55.1 - 5.35.9In
Call
MUR250417C0003000015330.03.2 - 3.53.28In
Call
MUR250417C0003250030732.51.85 - 1.951.74Out
Call
MUR250417C0003500029935.00.95 - 1.01.6Out
Call
MUR250417C00037500157437.50.0 - 0.50.43Out
Call
MUR250417C0004000058040.00.15 - 0.30.61Out
Call
MUR250417C000425005542.50.05 - 0.250.37Out
Call
MUR250417C000450002245.00.0 - 0.50.35Out
Call
MUR250417C00047500547.50.0 - 0.750.23Out
Call
MUR250417C0005000010550.00.0 - 0.750.2Out
Call
MUR250417C000550002055.00.0 - 0.750.4Out
 Put
MUR250417P000225001022.50.0 - 0.750.08Out
 Put
MUR250417P00025000166825.00.15 - 0.30.28Out
 Put
MUR250417P0002750045627.50.4 - 1.150.4Out
 Put
MUR250417P0003000027630.01.05 - 1.10.88Out
 Put
MUR250417P0003250023832.51.35 - 2.252.0In
 Put
MUR250417P0003500035635.03.7 - 5.63.5In
 Put
MUR250417P000375008437.54.4 - 7.45.4In
 Put
MUR250417P00040000740.07.2 - 8.57.0In
 Put
MUR250417P00042500042.59.8 - 11.110.3In
 Put
MUR250417P00045000045.012.1 - 13.411.83In
 Put
MUR250417P00047500047.515.2 - 15.815.2In
 Put
MUR250417P00050000050.017.6 - 19.617.6In
 Put
MUR250417P00055000055.022.4 - 23.622.4In

Murphy Oil Market Cap Over Time

   Market Cap   
       Timeline  

Murphy Total Stockholder Equity

Total Stockholder Equity

3.88 Billion

At this time, Murphy Oil's Total Stockholder Equity is relatively stable compared to the past year.

Murphy Oil Corporate Directors

Robert MurphyIndependent DirectorProfile
Neal SchmaleIndependent DirectorProfile
Robert RyanIndependent DirectorProfile
James KelleyIndependent DirectorProfile

Additional Tools for Murphy Stock Analysis

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