Pinnacle West Stock Options

PNW Stock  USD 91.23  0.39  0.43%   
Pinnacle West's latest option contracts expiring on July 18th 2025 are carrying combined implied volatility of 0.48 with a put-to-call open interest ratio of 0.49 over 29 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on July 18th 2025. The total put volume is at 5.0, with calls trading at the volume of 1.0. This yields a 5.0 put-to-call volume ratio.

Open Interest Against July 18th 2025 Option Contracts

Pinnacle West 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 Pinnacle West's lending market. For example, when Pinnacle West'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 Pinnacle West, he or she must hedge the risk by shorting Pinnacle West stock over its option's life.
The chart above shows Pinnacle West'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. Pinnacle West's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Pinnacle West's option, there is no secondary market available for investors to trade.

Pinnacle West Maximum Pain Price Across 2025-07-18 Option Contracts

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

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

Pinnacle West Capital In The Money Call Balance

When Pinnacle West's strike price is surpassing the current stock price, the option contract against Pinnacle West Capital stock is said to be in the money. When it comes to buying Pinnacle West'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 Pinnacle West Capital 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.

Pinnacle Current Options Market Mood

Pinnacle West'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 Pinnacle 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 Pinnacle West'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. Pinnacle West'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 Pinnacle contract

Base on the Rule 16, the options market is currently suggesting that Pinnacle West Capital will have an average daily up or down price movement of about 0.03% per day over the life of the 2025-07-18 option contract. With Pinnacle West trading at USD 91.23, that is roughly USD 0.0274. If you think that the market is fully incorporating Pinnacle West's daily price movement you should consider buying Pinnacle West Capital options at the current volatility level of 0.48%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Pinnacle West 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" Pinnacle calls. Remember, the seller must deliver Pinnacle West Capital stock to the call owner when a call is exercised.

Pinnacle West Option Chain

When Pinnacle West's strike price is surpassing the current stock price, the option contract against Pinnacle West Capital 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.
Pinnacle West's option chain is a display of a range of information that helps investors for ways to trade options on Pinnacle. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Pinnacle. It also shows strike prices and maturity days for a Pinnacle West 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
PNW250718C001350000135.00.0 - 2.152.15Out
Call
PNW250718C001300000130.00.0 - 2.152.15Out
Call
PNW250718C001250000125.00.0 - 2.152.15Out
Call
PNW250718C001200000120.00.0 - 2.152.15Out
Call
PNW250718C001150000115.00.0 - 2.152.15Out
Call
PNW250718C0011000030110.00.0 - 0.40.4Out
Call
PNW250718C00105000108105.00.0 - 2.22.2Out
Call
PNW250718C00100000168100.00.2 - 0.60.37Out
Call
PNW250718C0009500017095.00.85 - 1.21.4Out
Call
PNW250718C0009000022590.03.2 - 3.92.81In
Call
PNW250718C000850006385.07.2 - 7.77.5In
Call
PNW250718C000800001180.010.1 - 14.010.1In
Call
PNW250718C000750001675.014.9 - 18.614.9In
 Put
PNW250718P001350000135.041.7 - 45.641.7In
 Put
PNW250718P001300000130.036.7 - 40.636.7In
 Put
PNW250718P001250000125.031.7 - 35.631.7In
 Put
PNW250718P001200000120.026.7 - 30.626.7In
 Put
PNW250718P001150000115.022.0 - 25.622.0In
 Put
PNW250718P001100000110.016.7 - 20.616.7In
 Put
PNW250718P001050000105.012.1 - 15.612.1In
 Put
PNW250718P001000000100.06.7 - 10.76.7In
 Put
PNW250718P00095000195.02.1 - 4.92.1In
 Put
PNW250718P000900006590.01.55 - 2.151.8Out
 Put
PNW250718P0008500018285.00.5 - 1.00.8Out
 Put
PNW250718P000800005380.00.2 - 0.90.2Out
 Put
PNW250718P000750005675.00.0 - 2.252.25Out
 Put
PNW250718P000700001870.00.0 - 2.22.2Out
 Put
PNW250718P000650001065.00.0 - 0.750.75Out
 Put
PNW250718P00060000260.00.0 - 2.152.15Out

Pinnacle Total Stockholder Equity

Total Stockholder Equity

4.23 Billion

At this time, Pinnacle West's Total Stockholder Equity is fairly stable compared to the past year.

Pinnacle West Corporate Directors

Richard FoxIndependent DirectorProfile
Humberto LopezIndependent DirectorProfile
William SpenceIndependent DirectorProfile
David WagenerIndependent DirectorProfile

Additional Tools for Pinnacle Stock Analysis

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