Precision Drilling Stock Options

PDS Stock  USD 43.17  0.16  0.37%   
Precision Drilling's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.73. The Precision Drilling option chain provides detailed quote and price information for the current Precision Drilling option contracts. It shows all of Precision Drilling's listed puts, calls, expiration dates, strike prices, and other pricing information.

In The Money vs. Out of Money Option Contracts on Precision Drilling

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

Precision Current Options Market Mood

Precision Drilling'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 Precision 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 Volume

Most options investors, including buyers and sellers of Precision Drilling'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. Precision Drilling'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 Precision contract

Base on the Rule 16, the options market is currently suggesting that Precision Drilling will have an average daily up or down price movement of about 0.0456% per day over the life of the 2025-06-20 option contract. With Precision Drilling trading at USD 43.17, that is roughly USD 0.0197. If you think that the market is fully incorporating Precision Drilling's daily price movement you should consider buying Precision Drilling 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 Precision Drilling 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" Precision calls. Remember, the seller must deliver Precision Drilling stock to the call owner when a call is exercised.

Precision Drilling Market Cap Over Time

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Precision Total Stockholder Equity

Total Stockholder Equity

1.74 Billion

At this time, Precision Drilling's Total Stockholder Equity is comparatively stable compared to the past year.

Precision Drilling Corporate Directors

Susan MacKenzieIndependent DirectorProfile
Kevin MeyersIndependent DirectorProfile
David WilliamsIndependent DirectorProfile
William DonovanIndependent DirectorProfile

Additional Tools for Precision Stock Analysis

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