null Option on Par Pacific Holdings

PARR Stock  USD 32.39  0.47  1.47%   
Par Pacific's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 1.14 with a put-to-call open interest ratio of 0.8 over 25 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on September 19th 2025. The total put volume is at 10.0, with calls trading at the volume of 9.0. This yields a 1.11 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

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

Par Pacific Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain occurs when Par Pacific's market makers reach a net positive position across all Par Pacific's options at a strike price where option holders stand to lose the most money. By contrast, Par Pacific'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 Par Pacific

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

Par Pacific Holdings In The Money Call Balance

When Par Pacific's strike price is surpassing the current stock price, the option contract against Par Pacific Holdings stock is said to be in the money. When it comes to buying Par Pacific'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 Par Pacific Holdings 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.

Par Current Options Market Mood

Par Pacific'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 Par 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 Par Pacific's options investors are not very successful. Par Pacific'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 Par contract

Base on the Rule 16, the options market is currently suggesting that Par Pacific Holdings will have an average daily up or down price movement of about 0.0712% per day over the life of the 2025-09-19 option contract. With Par Pacific trading at USD 32.39, that is roughly USD 0.0231. If you think that the market is fully incorporating Par Pacific's daily price movement you should consider buying Par Pacific Holdings options at the current volatility level of 1.14%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Par Pacific 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" Par calls. Remember, the seller must deliver Par Pacific Holdings stock to the call owner when a call is exercised.

Par Pacific Option Chain

When Par Pacific's strike price is surpassing the current stock price, the option contract against Par Pacific Holdings 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.
Par Pacific's option chain is a display of a range of information that helps investors for ways to trade options on Par. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Par. It also shows strike prices and maturity days for a Par Pacific 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
PARR250919C00050000050.00.0 - 0.70.7Out
Call
PARR250919C00045000645.00.3 - 0.650.88Out
Call
PARR250919C00040000140.00.4 - 1.251.9Out
Call
PARR250919C00035000035.01.5 - 2.651.5Out
Call
PARR250919C000300008230.04.0 - 4.34.13In
Call
PARR250919C000250005925.07.7 - 8.26.1In
Call
PARR250919C000225002722.59.3 - 11.29.2In
Call
PARR250919C000200004420.012.0 - 13.26.9In
Call
PARR250919C000175004217.514.5 - 15.615.4In
Call
PARR250919C0001500033315.016.7 - 17.417.4In
Call
PARR250919C00010000810.021.3 - 24.121.3In
Call
PARR250919C0000500015.026.2 - 29.115.36In
 Put
PARR250919P0000750067.50.0 - 0.950.95Out
 Put
PARR250919P000100001110.00.0 - 2.152.15Out
 Put
PARR250919P0001250021212.50.0 - 0.950.08Out
 Put
PARR250919P000150004415.00.0 - 1.70.1Out
 Put
PARR250919P000175002317.50.0 - 0.950.24Out
 Put
PARR250919P000200003620.00.1 - 0.950.33Out
 Put
PARR250919P000225004322.50.35 - 1.050.8Out
 Put
PARR250919P000250004225.00.15 - 0.91.8Out
 Put
PARR250919P000300006530.01.65 - 2.72.05Out
 Put
PARR250919P00035000035.04.5 - 4.94.69In
 Put
PARR250919P00040000040.08.1 - 9.48.1In
 Put
PARR250919P00045000045.012.4 - 13.812.4In
 Put
PARR250919P00050000050.017.4 - 18.417.4In

Par Pacific Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Par Total Stockholder Equity

Total Stockholder Equity

1.25 Billion

At this time, Par Pacific's Total Stockholder Equity is relatively stable compared to the past year.

Par Pacific Corporate Directors

Curtis AnastasioIndependent DirectorProfile
Anthony ChaseIndependent DirectorProfile
Katherine HatcherIndependent DirectorProfile
Walter DodsIndependent DirectorProfile

Additional Tools for Par Stock Analysis

When running Par Pacific's price analysis, check to measure Par Pacific'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 Par Pacific is operating at the current time. Most of Par Pacific's value examination focuses on studying past and present price action to predict the probability of Par Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Par Pacific's price. Additionally, you may evaluate how the addition of Par Pacific to your portfolios can decrease your overall portfolio volatility.