OKE1250117C00067250 Option on ONEOK Inc

OKE Stock  USD 108.96  0.30  0.28%   
ONEOK's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.37 with a put-to-call open interest ratio of 0.35 over 47 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on April 17th 2025. The total put volume is at 68.0, with calls trading at the volume of 261. This yields a 0.26 put-to-call volume ratio.

Open Interest Against April 17th 2025 Option Contracts

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

ONEOK Maximum Pain Price Across 2025-04-17 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as ONEOK close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, ONEOK'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 ONEOK

Analyzing ONEOK's in-the-money options over time can help investors to take a profitable long position in ONEOK regardless of its overall volatility. This is especially true when ONEOK's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ONEOK's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ONEOK's stock while costing only a fraction of its price.
ONEOK's stock options are financial instruments that give investors the right to buy or sell shares of ONEOK Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ONEOK stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ONEOK's stock price goes up or down, the stock options follow.
At present, ONEOK's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 53.5 B, whereas Treasury Stock is forecasted to decline to (691.8 M).

ONEOK Inc In The Money Call Balance

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

ONEOK Current Options Market Mood

ONEOK'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 ONEOK 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 ONEOK's options investors are not very successful. ONEOK'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 ONEOK contract

Base on the Rule 16, the options market is currently suggesting that ONEOK Inc will have an average daily up or down price movement of about 0.0231% per day over the life of the 2025-04-17 option contract. With ONEOK trading at USD 108.96, that is roughly USD 0.0252. If you think that the market is fully incorporating ONEOK's daily price movement you should consider buying ONEOK Inc options at the current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing ONEOK 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" ONEOK calls. Remember, the seller must deliver ONEOK Inc stock to the call owner when a call is exercised.

ONEOK Option Chain

When ONEOK's strike price is surpassing the current stock price, the option contract against ONEOK 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.
ONEOK's option chain is a display of a range of information that helps investors for ways to trade options on ONEOK. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ONEOK. It also shows strike prices and maturity days for a ONEOK 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
OKE250417C000700008370.038.4 - 40.935.13In
Call
OKE250417C00075000375.032.8 - 37.431.6In
Call
OKE250417C000775004077.530.9 - 33.520.65In
Call
OKE250417C000800003180.028.5 - 32.221.4In
Call
OKE250417C000825001382.525.6 - 30.020.89In
Call
OKE250417C0008500016385.022.7 - 26.524.3In
Call
OKE250417C000875008487.522.2 - 22.922.36In
Call
OKE250417C0009000016590.019.8 - 20.618.2In
Call
OKE250417C0009250014992.517.3 - 18.315.88In
Call
OKE250417C0009500025195.014.3 - 16.216.38In
Call
OKE250417C0009750017397.512.1 - 14.113.35In
Call
OKE250417C00100000692100.010.1 - 12.010.5In
Call
OKE250417C001050001189105.08.0 - 8.38.55In
Call
OKE250417C00110000963110.05.1 - 6.05.3Out
Call
OKE250417C001150001140115.03.0 - 3.33.13Out
Call
OKE250417C00120000457120.01.0 - 2.11.7Out
Call
OKE250417C00125000532125.00.85 - 1.01.03Out
Call
OKE250417C00130000208130.00.4 - 0.550.5Out
Call
OKE250417C0013500071135.00.15 - 0.40.24Out
Call
OKE250417C00140000103140.00.0 - 0.50.65Out
Call
OKE250417C001450000145.00.0 - 0.750.08Out
Call
OKE250417C001500002150.00.0 - 0.750.01Out
 Put
OKE250417P00047500447.50.0 - 0.750.18Out
 Put
OKE250417P00050000450.00.0 - 0.750.23Out
 Put
OKE250417P00065000365.00.0 - 0.750.45Out
 Put
OKE250417P000700001870.00.0 - 0.750.79Out
 Put
OKE250417P000750002275.00.0 - 0.450.6Out
 Put
OKE250417P000775001577.50.05 - 0.550.55Out
 Put
OKE250417P000800007580.00.05 - 0.750.47Out
 Put
OKE250417P000825002282.50.1 - 1.550.85Out
 Put
OKE250417P000850008085.00.25 - 0.850.56Out
 Put
OKE250417P0008750011187.50.35 - 0.550.85Out
 Put
OKE250417P0009000018290.00.5 - 0.650.57Out
 Put
OKE250417P0009250026592.50.7 - 0.850.73Out
 Put
OKE250417P0009500019795.00.95 - 1.11.03Out
 Put
OKE250417P0009750013497.51.3 - 1.51.33Out
 Put
OKE250417P00100000249100.01.75 - 1.951.79Out
 Put
OKE250417P00105000410105.03.1 - 3.53.13Out
 Put
OKE250417P00110000292110.05.1 - 5.55.0Out
 Put
OKE250417P00115000165115.08.0 - 8.615.9In
 Put
OKE250417P001200000120.010.2 - 13.210.2In
 Put
OKE250417P001250000125.015.5 - 17.815.5In
 Put
OKE250417P001300001130.019.9 - 23.118.5In
 Put
OKE250417P001350000135.024.4 - 28.224.4In
 Put
OKE250417P001400000140.028.8 - 32.528.8In
 Put
OKE250417P001450000145.034.0 - 38.134.0In
 Put
OKE250417P001500000150.039.9 - 42.739.9In

ONEOK Total Stockholder Equity

Total Stockholder Equity

19.9 Billion

At present, ONEOK's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

ONEOK Corporate Directors

Brian DerksenIndependent DirectorProfile
Gerald SmithIndependent DirectorProfile
Randall LarsonIndependent DirectorProfile
Julie EdwardsLead Independent DirectorProfile
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ONEOK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.192
Dividend Share
3.96
Earnings Share
4.72
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK'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.