NOV Stock Options

NOV Stock  USD 14.78  0.08  0.54%   
NOV's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.41. The NOV option chain provides detailed quote and price information for the current NOV Inc option contracts. It shows all of NOV's listed puts, calls, expiration dates, strike prices, and other pricing information.

NOV Maximum Pain Price Across 2025-01-17 Option Contracts

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

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

NOV Current Options Market Mood

NOV'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 NOV 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 Volume

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

Base on the Rule 16, the options market is currently suggesting that NOV Inc will have an average daily up or down price movement of about 0.0256% per day over the life of the 2025-01-17 option contract. With NOV trading at USD 14.78, that is roughly USD 0.003787. If you think that the market is fully incorporating NOV's daily price movement you should consider buying NOV Inc options at the current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing NOV 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" NOV calls. Remember, the seller must deliver NOV Inc stock to the call owner when a call is exercised.

NOV Option Chain

When NOV's strike price is surpassing the current stock price, the option contract against NOV 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.
NOV's option chain is a display of a range of information that helps investors for ways to trade options on NOV. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for NOV. It also shows strike prices and maturity days for a NOV 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
NOV250117C00010000010.010.4 - 10.810.4Out
Call
NOV250117C00013000013.08.5 - 8.98.5Out
Call
NOV250117C00015000015.07.0 - 7.57.0Out
Call
NOV250117C00018000318.05.1 - 5.55.12Out
Call
NOV250117C00020000020.04.0 - 4.74.0Out
Call
NOV250117C000220001122.03.1 - 3.53.45Out
Call
NOV250117C000250007325.02.2 - 2.452.2Out
Call
NOV250117C00027000027.01.6 - 1.951.6Out
Call
NOV250117C00030000130.01.05 - 1.351.05Out
Call
NOV250117C00032000032.00.45 - 2.20.45Out
 Put
NOV250117P00010000010.00.1 - 0.450.1Out
 Put
NOV250117P00013000013.00.5 - 0.80.5Out
 Put
NOV250117P00015000015.00.9 - 1.20.9Out
 Put
NOV250117P00018000018.01.85 - 2.151.85Out
 Put
NOV250117P00020000020.02.7 - 2.952.7Out
 Put
NOV250117P00022000022.03.7 - 4.03.7Out
 Put
NOV250117P00025000025.05.6 - 5.95.6Out
 Put
NOV250117P00027000027.07.0 - 7.47.0Out
 Put
NOV250117P00030000030.09.5 - 9.99.5Out
 Put
NOV250117P00032000032.09.8 - 13.99.8Out

NOV Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

NOV Total Stockholder Equity

Total Stockholder Equity

9.16 Billion

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

NOV Corporate Directors

Amie DAmbrosioDirector RelationsProfile
Ben GuillIndependent DirectorProfile
William ThomasIndependent DirectorProfile
Greg ArmstrongLead Independent DirectorProfile

Additional Tools for NOV Stock Analysis

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