Patterson UTI Stock Options
| PTEN Stock | USD 8.31 0.20 2.47% |
Patterson UTI's latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.72 with a put-to-call open interest ratio of 0.07 over 25 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on May 16th 2025. The total put volume is at 1.0, with calls trading at the volume of 5.0. This yields a 0.2 put-to-call volume ratio.
Open Interest Against May 16th 2025 Option Contracts
2025-05-16
The chart above shows Patterson UTI'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. Patterson UTI's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Patterson UTI's option, there is no secondary market available for investors to trade.
Patterson UTI Maximum Pain Price Across 2025-05-16 Option Contracts
Max pain occurs when Patterson UTI's market makers reach a net positive position across all Patterson UTI's options at a strike price where option holders stand to lose the most money. By contrast, Patterson UTI'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 Patterson UTI
Analyzing Patterson UTI's in-the-money options over time can help investors to take a profitable long position in Patterson UTI regardless of its overall volatility. This is especially true when Patterson UTI's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Patterson UTI's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Patterson UTI's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Patterson UTI lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Patterson UTI's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Patterson UTI contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Patterson Stock moves the wrong way.
Patterson UTI Energy In The Money Call Balance
When Patterson UTI's strike price is surpassing the current stock price, the option contract against Patterson UTI Energy stock is said to be in the money. When it comes to buying Patterson UTI'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 Patterson UTI Energy 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.
Patterson Current Options Market Mood
Patterson UTI'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 Patterson 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 Patterson UTI's options investors are not very successful. Patterson UTI'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 Patterson contract
Base on the Rule 16, the options market is currently suggesting that Patterson UTI Energy will have an average daily up or down price movement of about 0.045% per day over the life of the 2025-05-16 option contract. With Patterson UTI trading at USD 8.31, that is roughly USD 0.00374. If you think that the market is fully incorporating Patterson UTI's daily price movement you should consider buying Patterson UTI Energy options at the current volatility level of 0.72%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Patterson |
Purchasing Patterson UTI 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" Patterson calls. Remember, the seller must deliver Patterson UTI Energy stock to the call owner when a call is exercised.
Patterson UTI Option Chain
When Patterson UTI's strike price is surpassing the current stock price, the option contract against Patterson UTI Energy 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.
Patterson UTI's option chain is a display of a range of information that helps investors for ways to trade options on Patterson. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Patterson. It also shows strike prices and maturity days for a Patterson UTI 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 | PTEN250516C00003000 | 1 | 3.0 | 5.2 - 5.4 | 5.2 | In |
Call | PTEN250516C00005000 | 163 | 5.0 | 3.2 - 3.4 | 4.34 | In |
Call | PTEN250516C00006000 | 15 | 6.0 | 2.3 - 2.55 | 2.61 | In |
Call | PTEN250516C00007000 | 101 | 7.0 | 1.45 - 1.7 | 1.45 | In |
Call | PTEN250516C00008000 | 20394 | 8.0 | 0.85 - 0.95 | 0.7 | In |
Call | PTEN250516C00009000 | 21706 | 9.0 | 0.05 - 0.5 | 0.45 | Out |
Call | PTEN250516C00010000 | 580 | 10.0 | 0.15 - 0.25 | 0.2 | Out |
Call | PTEN250516C00011000 | 493 | 11.0 | 0.05 - 0.15 | 0.09 | Out |
Call | PTEN250516C00012000 | 878 | 12.0 | 0.0 - 0.15 | 0.15 | Out |
Call | PTEN250516C00013000 | 142 | 13.0 | 0.0 - 0.4 | 0.15 | Out |
Call | PTEN250516C00014000 | 298 | 14.0 | 0.0 - 0.5 | 0.05 | Out |
Call | PTEN250516C00015000 | 80 | 15.0 | 0.0 - 0.5 | 0.05 | Out |
Call | PTEN250516C00016000 | 48 | 16.0 | 0.0 - 0.5 | 0.05 | Out |
Put | PTEN250516P00005000 | 5 | 5.0 | 0.0 - 0.5 | 0.11 | Out |
Put | PTEN250516P00006000 | 2514 | 6.0 | 0.0 - 0.25 | 0.1 | Out |
Put | PTEN250516P00007000 | 158 | 7.0 | 0.2 - 0.3 | 0.3 | Out |
Put | PTEN250516P00008000 | 371 | 8.0 | 0.1 - 0.9 | 0.75 | Out |
Put | PTEN250516P00009000 | 158 | 9.0 | 0.25 - 2.1 | 1.2 | In |
Put | PTEN250516P00010000 | 79 | 10.0 | 1.85 - 1.95 | 1.31 | In |
Put | PTEN250516P00011000 | 5 | 11.0 | 2.65 - 2.95 | 2.05 | In |
Put | PTEN250516P00012000 | 10 | 12.0 | 3.7 - 3.9 | 3.8 | In |
Put | PTEN250516P00013000 | 0 | 13.0 | 4.7 - 4.9 | 4.7 | In |
Put | PTEN250516P00014000 | 0 | 14.0 | 5.7 - 5.9 | 5.7 | In |
Put | PTEN250516P00015000 | 0 | 15.0 | 6.7 - 6.9 | 6.7 | In |
Put | PTEN250516P00016000 | 0 | 16.0 | 7.6 - 7.9 | 7.6 | In |
Patterson Total Stockholder Equity
Total Stockholder Equity |
|
Patterson UTI Corporate Management
| Seth JD | General VP | Profile | |
| Kenneth CPA | Executive Officer | Profile | |
| James Drickamer | VP Relations | Profile | |
| Michael Sabella | Vice Relations | Profile | |
| Seth Wexler | General Counsel, Secretary | Profile | |
| Matt Pye | Senior Affairs | Profile | |
| Kathryn Roark | Diversity Sustainability | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson UTI Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Energy Equipment & Services 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 Patterson UTI. If investors know Patterson 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 Patterson UTI 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 (0.93) | Dividend Share 0.32 | Earnings Share (2.44) | Revenue Per Share | Quarterly Revenue Growth (0.27) |
The market value of Patterson UTI Energy is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson UTI's value that differs from its market value or its book value, called intrinsic value, which is Patterson UTI'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 Patterson UTI's market value can be influenced by many factors that don't directly affect Patterson UTI'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 Patterson UTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson UTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson UTI'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.