Phillips Stock Options
| PSX Stock | USD 120.53 0.90 0.75% |
Phillips' latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.34 with a put-to-call open interest ratio of 0.18 over 25 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 21st 2025. The total put volume is at 70.0, with calls trading at the volume of 128. This yields a 0.55 put-to-call volume ratio.
Open Interest Against March 21st 2025 Option Contracts
Phillips option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Phillips' lending market. For example, when Phillips' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Phillips, he or she must hedge the risk by shorting Phillips stock over its option's life.
2025-03-21
The chart above shows Phillips' 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. Phillips' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Phillips' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Phillips
Analyzing Phillips' in-the-money options over time can help investors to take a profitable long position in Phillips regardless of its overall volatility. This is especially true when Phillips' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Phillips' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Phillips' stock while costing only a fraction of its price.
Phillips Current Options Market Mood
Phillips' 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 Phillips 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 Phillips' options investors are not very successful. Phillips' 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 Phillips contract
Base on the Rule 16, the options market is currently suggesting that Phillips 66 will have an average daily up or down price movement of about 0.0213% per day over the life of the 2025-03-21 option contract. With Phillips trading at USD 120.53, that is roughly USD 0.0256. If you think that the market is fully incorporating Phillips' daily price movement you should consider buying Phillips 66 options at the current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Phillips |
Purchasing Phillips 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" Phillips calls. Remember, the seller must deliver Phillips 66 stock to the call owner when a call is exercised.
Phillips Option Chain
When Phillips' strike price is surpassing the current stock price, the option contract against Phillips 66 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.
Phillips' option chain is a display of a range of information that helps investors for ways to trade options on Phillips. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Phillips. It also shows strike prices and maturity days for a Phillips 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 | PSX250321C00120000 | 6 | 120.0 | 5.2 - 7.4 | 5.38 | Out |
Call | PSX250321C00125000 | 20 | 125.0 | 3.0 - 3.2 | 3.11 | Out |
Call | PSX250321C00130000 | 97 | 130.0 | 1.65 - 1.9 | 1.72 | Out |
Call | PSX250321C00135000 | 0 | 135.0 | 0.85 - 1.95 | 0.92 | |
Call | PSX250321C00140000 | 3 | 140.0 | 0.4 - 0.6 | 0.5 | Out |
Call | PSX250321C00145000 | 0 | 145.0 | 0.15 - 1.2 | 0.15 | |
Call | PSX250321C00150000 | 0 | 150.0 | 0.05 - 0.65 | 0.05 | |
Call | PSX250321C00155000 | 0 | 155.0 | 0.0 - 0.5 | 0.5 | |
Call | PSX250321C00160000 | 0 | 160.0 | 0.0 - 0.45 | 0.45 | |
Call | PSX250321C00165000 | 0 | 165.0 | 0.0 - 0.4 | 0.4 | |
Call | PSX250321C00170000 | 0 | 170.0 | 0.0 - 0.4 | 0.4 | |
Put | PSX250321P00105000 | 1 | 105.0 | 0.85 - 1.6 | 1.4 | Out |
Put | PSX250321P00110000 | 4 | 110.0 | 1.25 - 4.5 | 1.75 | Out |
Put | PSX250321P00115000 | 17 | 115.0 | 2.6 - 3.1 | 2.9 | Out |
Put | PSX250321P00120000 | 1 | 120.0 | 4.8 - 5.1 | 5.1 | Out |
Put | PSX250321P00125000 | 0 | 125.0 | 7.0 - 9.6 | 7.0 | In |
Put | PSX250321P00130000 | 0 | 130.0 | 11.3 - 13.7 | 11.3 | In |
Put | PSX250321P00135000 | 0 | 135.0 | 13.8 - 17.8 | 13.8 | In |
Put | PSX250321P00140000 | 0 | 140.0 | 19.6 - 21.8 | 19.6 | In |
Put | PSX250321P00145000 | 0 | 145.0 | 24.3 - 27.2 | 24.3 | In |
Put | PSX250321P00150000 | 0 | 150.0 | 28.3 - 32.0 | 28.3 | In |
Put | PSX250321P00155000 | 0 | 155.0 | 33.7 - 36.7 | 33.7 | In |
Put | PSX250321P00160000 | 0 | 160.0 | 37.9 - 41.8 | 37.9 | In |
Put | PSX250321P00165000 | 0 | 165.0 | 43.0 - 46.8 | 43.0 | In |
Put | PSX250321P00170000 | 0 | 170.0 | 47.8 - 52.0 | 47.8 | In |
Phillips Total Stockholder Equity
Total Stockholder Equity |
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Phillips Corporate Directors
| Marna Whittington | Independent Director | Profile | |
| Gary Adams | Independent Director | Profile | |
| John Lowe | Independent Director | Profile | |
| Denise Ramos | Independent Director | Profile |
Additional Tools for Phillips Stock Analysis
When running Phillips' price analysis, check to measure Phillips' 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 Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.