Precision Drilling Stock Options
| PDS Stock | USD 63.70 0.61 0.97% |
Precision Drilling's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.64. The Precision Drilling option chain provides detailed quote and price information for the current Precision Drilling option contracts. It shows all of Precision Drilling's listed puts, calls, expiration dates, strike prices, and other pricing information.
Precision Drilling Maximum Pain Price Across 2025-01-17 Option Contracts
Max pain occurs when Precision Drilling's market makers reach a net positive position across all Precision Drilling's options at a strike price where option holders stand to lose the most money. By contrast, Precision Drilling'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 Precision Drilling
Analyzing Precision Drilling's in-the-money options over time can help investors to take a profitable long position in Precision Drilling regardless of its overall volatility. This is especially true when Precision Drilling's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Precision Drilling's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Precision Drilling's stock while costing only a fraction of its price.
Precision Drilling In The Money Call Balance
When Precision Drilling's strike price is surpassing the current stock price, the option contract against Precision Drilling stock is said to be in the money. When it comes to buying Precision Drilling'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 Precision Drilling 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.
Precision Current Options Market Mood
Precision Drilling'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 Precision 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
Most options investors, including buyers and sellers of Precision Drilling'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. Precision Drilling'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 Precision contract
Base on the Rule 16, the options market is currently suggesting that Precision Drilling will have an average daily up or down price movement of about 0.04% per day over the life of the 2025-01-17 option contract. With Precision Drilling trading at USD 63.7, that is roughly USD 0.0255. If you think that the market is fully incorporating Precision Drilling's daily price movement you should consider buying Precision Drilling options at the current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Precision Drilling 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" Precision calls. Remember, the seller must deliver Precision Drilling stock to the call owner when a call is exercised.
Precision Drilling Option Chain
When Precision Drilling's strike price is surpassing the current stock price, the option contract against Precision Drilling 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.
Precision Drilling's option chain is a display of a range of information that helps investors for ways to trade options on Precision. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Precision. It also shows strike prices and maturity days for a Precision Drilling 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 Int | Strike Price | Current Spread | Last Price | |||
Call | PDS250117C00035000 | 0 | 35.0 | 27.5 - 31.0 | 27.5 | In |
Call | PDS250117C00040000 | 0 | 40.0 | 23.0 - 26.0 | 23.0 | In |
Call | PDS250117C00045000 | 0 | 45.0 | 18.0 - 21.5 | 18.0 | In |
Call | PDS250117C00050000 | 0 | 50.0 | 13.1 - 16.5 | 13.1 | In |
Call | PDS250117C00055000 | 0 | 55.0 | 8.1 - 12.5 | 8.1 | In |
Call | PDS250117C00060000 | 0 | 60.0 | 5.0 - 7.9 | 5.0 | In |
Call | PDS250117C00065000 | 0 | 65.0 | 2.15 - 4.7 | 2.15 | |
Call | PDS250117C00070000 | 0 | 70.0 | 0.0 - 4.6 | 4.6 | |
Call | PDS250117C00075000 | 0 | 75.0 | 0.0 - 4.7 | 4.7 | |
Call | PDS250117C00080000 | 0 | 80.0 | 0.0 - 4.7 | 4.7 | |
Put | PDS250117P00035000 | 0 | 35.0 | 0.0 - 4.8 | 4.8 | |
Put | PDS250117P00040000 | 0 | 40.0 | 0.0 - 4.8 | 4.8 | |
Put | PDS250117P00045000 | 0 | 45.0 | 0.0 - 4.8 | 4.8 | |
Put | PDS250117P00050000 | 0 | 50.0 | 0.0 - 4.8 | 4.8 | |
Put | PDS250117P00055000 | 0 | 55.0 | 0.0 - 4.8 | 4.8 | |
Put | PDS250117P00060000 | 0 | 60.0 | 0.2 - 4.4 | 0.2 | |
Put | PDS250117P00065000 | 0 | 65.0 | 2.1 - 5.7 | 2.1 | In |
Put | PDS250117P00070000 | 0 | 70.0 | 5.0 - 9.5 | 5.0 | In |
Put | PDS250117P00075000 | 0 | 75.0 | 9.5 - 13.5 | 9.5 | In |
Put | PDS250117P00080000 | 0 | 80.0 | 14.5 - 18.5 | 14.5 | In |
Precision Drilling Market Cap Over Time
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Precision Total Stockholder Equity
Total Stockholder Equity |
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Precision Drilling Corporate Directors
| Susan MacKenzie | Independent Director | Profile | |
| Kevin Meyers | Independent Director | Profile | |
| David Williams | Independent Director | Profile | |
| William Donovan | Independent Director | Profile |
Additional Tools for Precision Stock Analysis
When running Precision Drilling's price analysis, check to measure Precision Drilling'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 Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.