null Option on Spire Inc

SR Stock  USD 76.56  1.24  1.65%   
Spire's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 0.16 over 21 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on September 19th 2025.

Open Interest Against September 19th 2025 Option Contracts

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

In The Money vs. Out of Money Option Contracts on Spire

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

Spire Inc In The Money Call Balance

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

Spire Current Options Market Mood

Spire'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 Spire 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 Spire's options investors are not very successful. Spire'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 Spire contract

Base on the Rule 16, the options market is currently suggesting that Spire Inc will have an average daily up or down price movement of about 0.0288% per day over the life of the 2025-09-19 option contract. With Spire trading at USD 76.56, that is roughly USD 0.022. If you think that the market is fully incorporating Spire's daily price movement you should consider buying Spire Inc options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Spire 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" Spire calls. Remember, the seller must deliver Spire Inc stock to the call owner when a call is exercised.

Spire Option Chain

When Spire's strike price is surpassing the current stock price, the option contract against Spire Inc 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.
Spire's option chain is a display of a range of information that helps investors for ways to trade options on Spire. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Spire. It also shows strike prices and maturity days for a Spire 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
SR250919C001000000100.00.0 - 4.84.8Out
Call
SR250919C00095000195.00.0 - 4.84.8Out
Call
SR250919C00090000090.00.0 - 4.84.8Out
Call
SR250919C00085000085.00.0 - 4.84.8Out
Call
SR250919C000800002780.00.0 - 4.80.64Out
Call
SR250919C0007500010175.02.35 - 3.42.15Out
Call
SR250919C00070000070.05.1 - 9.05.1In
Call
SR250919C00065000565.08.6 - 13.58.6In
Call
SR250919C00060000060.013.6 - 18.513.6In
Call
SR250919C00055000055.018.5 - 23.518.5In
 Put
SR250919P001000000100.022.0 - 26.922.0In
 Put
SR250919P00095000095.017.5 - 22.017.5In
 Put
SR250919P00090000090.012.5 - 17.012.5In
 Put
SR250919P00085000085.07.5 - 12.07.5In
 Put
SR250919P00080000080.02.5 - 7.52.5In
 Put
SR250919P00075000075.00.0 - 2.752.75Out
 Put
SR250919P00070000070.00.0 - 4.84.8Out
 Put
SR250919P000650001065.00.0 - 4.84.8Out
 Put
SR250919P00060000060.00.0 - 4.84.8Out
 Put
SR250919P00055000155.00.0 - 4.80.2Out
 Put
SR250919P000350001035.00.0 - 0.150.15Out

Spire Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Spire Market Cap Over Time

   Market Cap   
       Timeline  

Spire Total Stockholder Equity

Total Stockholder Equity

3.9 Billion

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

Spire Corporate Directors

Mary LokerenIndependent DirectorProfile
Brenda NewberryIndependent DirectorProfile
Rob JonesIndependent DirectorProfile
Stephen SchwartzIndependent DirectorProfile

Additional Tools for Spire Stock Analysis

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