OKE250117C00037500 Option on ONEOK Inc

OKE Stock  USD 98.01  0.43  0.44%   
ONEOK's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 1.39 over 59 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on June 20th 2025. The total put volume is at 11.0, with calls trading at the volume of 156. This yields a 0.07 put-to-call volume ratio.

Open Interest Against June 20th 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 2025-06-20 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 67.3 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 0.0288% per day over the life of the 2025-06-20 option contract. With ONEOK trading at USD 98.01, that is roughly USD 0.0282. 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 0.46%. 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
OKE250620C0015000011150.00.0 - 0.950.7Out
Call
OKE250620C001450003145.00.0 - 0.750.55Out
Call
OKE250620C00140000116140.00.0 - 0.950.15Out
Call
OKE250620C00135000418135.00.0 - 0.950.4Out
Call
OKE250620C00130000220130.00.0 - 1.950.15Out
Call
OKE250620C00125000465125.00.0 - 0.250.3Out
Call
OKE250620C00120000677120.00.3 - 0.50.5Out
Call
OKE250620C00115000590115.00.8 - 1.051.03Out
Call
OKE250620C001100001514110.01.7 - 1.852.0Out
Call
OKE250620C001050001120105.03.0 - 3.33.33Out
Call
OKE250620C001000003278100.04.9 - 5.35.4Out
Call
OKE250620C0009750015797.56.3 - 6.86.79In
Call
OKE250620C0009500087095.07.3 - 8.18.21In
Call
OKE250620C0009250019992.58.4 - 9.86.2In
Call
OKE250620C0009000070390.010.4 - 11.69.9In
Call
OKE250620C00087500147087.512.9 - 14.110.2In
Call
OKE250620C0008500088785.014.7 - 15.715.3In
Call
OKE250620C0008250015182.517.0 - 17.915.4In
Call
OKE250620C0008000099580.019.2 - 21.210.75In
Call
OKE250620C0007750034677.521.5 - 22.622.11In
Call
OKE250620C0007500019675.023.1 - 25.323.7In
Call
OKE250620C000725005172.524.7 - 28.727.6In
Call
OKE250620C000700004570.027.5 - 31.240.65In
Call
OKE250620C000675002067.529.8 - 33.528.81In
 Put
OKE250620P00035000135.00.0 - 2.150.55Out
 Put
OKE250620P00037500337.50.0 - 1.850.15Out
 Put
OKE250620P000400003640.00.0 - 0.750.7Out
 Put
OKE250620P00042500142.50.0 - 0.951.5Out
 Put
OKE250620P00045000245.00.0 - 0.950.45Out
 Put
OKE250620P00047500247.50.0 - 0.950.28Out
 Put
OKE250620P0005000041150.00.0 - 0.950.35Out
 Put
OKE250620P0005500047855.00.0 - 0.950.1Out
 Put
OKE250620P00060000166260.00.0 - 0.750.15Out
 Put
OKE250620P0006250027862.50.0 - 0.750.2Out
 Put
OKE250620P00065000230465.00.0 - 1.750.25Out
 Put
OKE250620P0006750098967.50.05 - 0.80.35Out
 Put
OKE250620P0007000099870.00.05 - 0.80.38Out
 Put
OKE250620P0007250051272.50.15 - 0.550.43Out
 Put
OKE250620P00075000258975.00.3 - 0.70.5Out
 Put
OKE250620P0007750023177.50.5 - 0.91.23Out
 Put
OKE250620P0008000070880.00.4 - 1.62.03Out
 Put
OKE250620P0008250015082.51.0 - 1.42.25Out
 Put
OKE250620P0008500044685.01.15 - 1.852.0Out
 Put
OKE250620P0008750067687.51.8 - 2.12.6Out
 Put
OKE250620P00090000173490.02.5 - 2.853.5Out
 Put
OKE250620P0009250022692.53.1 - 3.63.4Out
 Put
OKE250620P0009500074995.04.0 - 4.44.32Out
 Put
OKE250620P0009750096097.54.9 - 5.55.0Out
 Put
OKE250620P001000001263100.06.4 - 6.96.54In
 Put
OKE250620P001050001026105.08.7 - 10.28.5In
 Put
OKE250620P00110000221110.012.6 - 14.117.5In
 Put
OKE250620P00115000229115.016.3 - 18.418.8In
 Put
OKE250620P0012000069120.020.7 - 23.023.2In
 Put
OKE250620P001250001151125.024.9 - 28.716.9In
 Put
OKE250620P001300000130.029.9 - 33.220.8In
 Put
OKE250620P001350000135.035.0 - 38.535.0In
 Put
OKE250620P001400000140.039.7 - 43.139.7In
 Put
OKE250620P001450000145.044.7 - 48.444.7In
 Put
OKE250620P001500000150.049.7 - 53.449.7In

ONEOK Total Stockholder Equity

Total Stockholder Equity

17.89 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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
0.336
Dividend Share
4
Earnings Share
5.17
Revenue Per Share
37.116
Quarterly Revenue Growth
0.337
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.