null Option on California Water Service
| CWT Stock | USD 45.30 0.20 0.44% |
California Water's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.71 with a put-to-call open interest ratio of 1.08 over 20 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on September 19th 2025.
Open Interest Against September 19th 2025 Option Contracts
California Water 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 California Water's lending market. For example, when California Water's 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 California Water, he or she must hedge the risk by shorting California Water stock over its option's life.
2025-09-19
The chart above shows California Water'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. California Water's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for California Water's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on California Water
Analyzing California Water's in-the-money options over time can help investors to take a profitable long position in California Water regardless of its overall volatility. This is especially true when California Water's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money California Water's options could be used as guardians of the underlying stock as they move almost dollar for dollar with California Water's stock while costing only a fraction of its price.
California Water Service In The Money Call Balance
When California Water's strike price is surpassing the current stock price, the option contract against California Water Service stock is said to be in the money. When it comes to buying California Water'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 California Water Service 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.
California Current Options Market Mood
California Water'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 California 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
Most options investors, including buyers and sellers of California Water'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. California Water'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 California contract
Base on the Rule 16, the options market is currently suggesting that California Water Service will have an average daily up or down price movement of about 0.0444% per day over the life of the 2025-09-19 option contract. With California Water trading at USD 45.3, that is roughly USD 0.0201. If you think that the market is fully incorporating California Water's daily price movement you should consider buying California Water Service options at the current volatility level of 0.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
California | Build AI portfolio with California Stock |
Purchasing California Water 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" California calls. Remember, the seller must deliver California Water Service stock to the call owner when a call is exercised.
California Water Option Chain
When California Water's strike price is surpassing the current stock price, the option contract against California Water Service 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.
California Water's option chain is a display of a range of information that helps investors for ways to trade options on California. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for California. It also shows strike prices and maturity days for a California Water 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 | CWT250919C00070000 | 2 | 70.0 | 0.0 - 0.4 | 0.71 | Out |
Call | CWT250919C00065000 | 0 | 65.0 | 0.0 - 4.8 | 4.8 | |
Call | CWT250919C00060000 | 1 | 60.0 | 0.0 - 4.8 | 4.8 | Out |
Call | CWT250919C00055000 | 0 | 55.0 | 0.0 - 4.8 | 4.8 | |
Call | CWT250919C00050000 | 27 | 50.0 | 0.0 - 4.8 | 0.35 | Out |
Call | CWT250919C00045000 | 7 | 45.0 | 0.0 - 4.8 | 4.8 | In |
Call | CWT250919C00040000 | 0 | 40.0 | 3.1 - 7.9 | 3.1 | In |
Call | CWT250919C00035000 | 0 | 35.0 | 8.1 - 12.9 | 8.1 | In |
Call | CWT250919C00030000 | 0 | 30.0 | 13.0 - 17.5 | 13.0 | In |
Call | CWT250919C00025000 | 0 | 25.0 | 18.0 - 22.8 | 18.0 | In |
Put | CWT250919P00070000 | 0 | 70.0 | 22.5 - 27.4 | 22.5 | In |
Put | CWT250919P00065000 | 0 | 65.0 | 17.5 - 22.5 | 17.5 | In |
Put | CWT250919P00060000 | 0 | 60.0 | 12.5 - 17.4 | 12.5 | In |
Put | CWT250919P00055000 | 3 | 55.0 | 7.6 - 12.4 | 7.6 | In |
Put | CWT250919P00050000 | 1 | 50.0 | 2.5 - 6.9 | 2.5 | In |
Put | CWT250919P00045000 | 19 | 45.0 | 1.1 - 1.85 | 1.5 | Out |
Put | CWT250919P00040000 | 14 | 40.0 | 0.0 - 2.9 | 2.9 | Out |
Put | CWT250919P00035000 | 2 | 35.0 | 0.0 - 4.8 | 0.15 | Out |
Put | CWT250919P00030000 | 1 | 30.0 | 0.0 - 4.8 | 4.8 | Out |
Put | CWT250919P00025000 | 0 | 25.0 | 0.0 - 4.8 | 4.8 |
California Total Stockholder Equity
Total Stockholder Equity |
|
California Water Corporate Directors
| Scott Morris | Independent Director | Profile | |
| Patricia Wagner | Independent Director | Profile | |
| Terry Bayer | Independent Director | Profile | |
| Lester Snow | Independent Director | Profile |
Additional Tools for California Stock Analysis
When running California Water's price analysis, check to measure California Water'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 California Water is operating at the current time. Most of California Water's value examination focuses on studying past and present price action to predict the probability of California Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Water's price. Additionally, you may evaluate how the addition of California Water to your portfolios can decrease your overall portfolio volatility.