Comstock Resources Stock Options

CRK Stock  USD 22.40  0.25  1.13%   
Comstock Resources' latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.73 with a put-to-call open interest ratio of 1.52 over 59 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on September 19th 2025. The total put volume is at 37.0, with calls trading at the volume of 43.0. This yields a 0.86 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

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

Comstock Resources Maximum Pain Price Across 2025-09-19 Option Contracts

Comstock Resources' 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, 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 Comstock Resources

Analyzing Comstock Resources' in-the-money options over time can help investors to take a profitable long position in Comstock Resources regardless of its overall volatility. This is especially true when Comstock Resources' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Comstock Resources' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Comstock Resources' stock while costing only a fraction of its price.

Comstock Resources In The Money Call Balance

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

Comstock Current Options Market Mood

Comstock Resources' 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 Comstock 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 Comstock Resources' options investors are not very successful. Comstock Resources' 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 Comstock contract

Base on the Rule 16, the options market is currently suggesting that Comstock Resources will have an average daily up or down price movement of about 0.0456% per day over the life of the 2025-09-19 option contract. With Comstock Resources trading at USD 22.4, that is roughly USD 0.0102. If you think that the market is fully incorporating Comstock Resources' daily price movement you should consider buying Comstock Resources options at the current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Comstock Resources 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" Comstock calls. Remember, the seller must deliver Comstock Resources stock to the call owner when a call is exercised.

Comstock Resources Option Chain

When Comstock Resources' strike price is surpassing the current stock price, the option contract against Comstock Resources 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.
Comstock Resources' option chain is a display of a range of information that helps investors for ways to trade options on Comstock. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Comstock. It also shows strike prices and maturity days for a Comstock Resources 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
CRK250919C00045000045.00.0 - 0.750.75Out
Call
CRK250919C00040000240.00.0 - 0.750.16Out
Call
CRK250919C00038000038.00.0 - 0.750.75Out
Call
CRK250919C00037000137.00.0 - 0.751.35Out
Call
CRK250919C000360006236.00.0 - 0.751.15Out
Call
CRK250919C0003500019335.00.0 - 0.750.25Out
Call
CRK250919C000340002834.00.0 - 0.21.3Out
Call
CRK250919C000330006433.00.05 - 0.451.3Out
Call
CRK250919C000320009032.00.15 - 0.30.25Out
Call
CRK250919C000310008031.00.2 - 0.350.24Out
Call
CRK250919C0003000039930.00.3 - 0.40.35Out
Call
CRK250919C000290009129.00.4 - 1.050.6Out
Call
CRK250919C0002800011628.00.5 - 0.650.5Out
Call
CRK250919C0002700019227.00.7 - 0.850.68Out
Call
CRK250919C000260009726.00.7 - 1.050.8Out
Call
CRK250919C0002500019625.01.15 - 1.351.0Out
Call
CRK250919C0002400014724.01.5 - 1.651.45Out
Call
CRK250919C0002300023423.01.9 - 2.151.99Out
Call
CRK250919C00022000144022.02.35 - 2.52.42In
Call
CRK250919C0002100033521.02.85 - 3.12.62In
Call
CRK250919C0002000066820.03.5 - 3.73.5In
Call
CRK250919C000190009719.04.2 - 4.410.0In
Call
CRK250919C000180005718.04.9 - 5.213.0In
Call
CRK250919C000170006117.05.5 - 6.011.45In
Call
CRK250919C000160003616.06.1 - 8.06.15In
Call
CRK250919C000150009415.07.1 - 8.110.63In
Call
CRK250919C000130006013.09.3 - 10.99.3In
Call
CRK250919C000110001011.011.1 - 13.012.2In
Call
CRK250919C0000600016.016.0 - 18.116.0In
 Put
CRK250919P00045000045.021.9 - 23.821.9In
 Put
CRK250919P00040000040.017.0 - 18.817.0In
 Put
CRK250919P00038000038.014.9 - 16.614.9In
 Put
CRK250919P00037000037.013.2 - 16.713.2In
 Put
CRK250919P00036000036.012.9 - 14.512.9In
 Put
CRK250919P00035000035.012.3 - 13.612.3In
 Put
CRK250919P00034000134.010.9 - 13.09.3In
 Put
CRK250919P000330001333.09.9 - 11.65.1In
 Put
CRK250919P000320006032.09.0 - 10.47.6In
 Put
CRK250919P0003100010731.08.6 - 8.98.3In
 Put
CRK250919P0003000012330.07.7 - 7.96.6In
 Put
CRK250919P000290004729.06.5 - 7.33.1In
 Put
CRK250919P000280006528.05.6 - 6.72.75In
 Put
CRK250919P000270004427.05.1 - 5.35.64In
 Put
CRK250919P0002600037626.04.3 - 4.64.37In
 Put
CRK250919P0002500032525.03.6 - 3.82.75In
 Put
CRK250919P0002400021124.02.95 - 3.22.75In
 Put
CRK250919P0002300020523.02.15 - 3.02.45In
 Put
CRK250919P0002200020522.01.8 - 2.02.0Out
 Put
CRK250919P0002100015021.01.35 - 1.51.55Out
 Put
CRK250919P0002000021120.01.0 - 1.151.25Out
 Put
CRK250919P0001900012719.00.6 - 0.850.32Out
 Put
CRK250919P0001800091918.00.45 - 0.70.5Out
 Put
CRK250919P0001700045717.00.3 - 0.450.35Out
 Put
CRK250919P0001600019716.00.2 - 0.350.19Out
 Put
CRK250919P000150002115.00.05 - 0.250.2Out
 Put
CRK250919P000140001314.00.0 - 0.950.95Out
 Put
CRK250919P00013000413.00.0 - 0.650.08Out
 Put
CRK250919P00012000350512.00.0 - 0.40.1Out
 Put
CRK250919P0000900029.00.0 - 0.750.75Out

Comstock Total Stockholder Equity

Total Stockholder Equity

2.35 Billion

At this time, Comstock Resources' Total Stockholder Equity is quite stable compared to the past year.
When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Exploration & Production 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 Comstock Resources. If investors know Comstock 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 Comstock Resources 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
(0.79)
Earnings Share
(1.13)
Revenue Per Share
4.935
Quarterly Revenue Growth
0.527
Return On Assets
(0)
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' 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.