null Option on Southwest Gas Holdings

SWX Stock  USD 79.50  0.71  0.90%   
Southwest Gas' latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.4 with a put-to-call open interest ratio of 0.02 over 24 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on October 17th 2025.

Open Interest Against October 17th 2025 Option Contracts

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

Southwest Gas Maximum Pain Price Across 2025-10-17 Option Contracts

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

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

Southwest Gas Holdings In The Money Call Balance

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

Southwest Current Options Market Mood

Southwest Gas' 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 Southwest 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 Southwest Gas' options investors are not very successful. Southwest Gas' 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 Southwest contract

Base on the Rule 16, the options market is currently suggesting that Southwest Gas Holdings will have an average daily up or down price movement of about 0.025% per day over the life of the 2025-10-17 option contract. With Southwest Gas trading at USD 79.5, that is roughly USD 0.0199. If you think that the market is fully incorporating Southwest Gas' daily price movement you should consider buying Southwest Gas Holdings options at the current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Southwest Gas 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" Southwest calls. Remember, the seller must deliver Southwest Gas Holdings stock to the call owner when a call is exercised.

Southwest Gas Option Chain

When Southwest Gas' strike price is surpassing the current stock price, the option contract against Southwest Gas 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.
Southwest Gas' option chain is a display of a range of information that helps investors for ways to trade options on Southwest. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Southwest. It also shows strike prices and maturity days for a Southwest Gas 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
SWX251017C001150000115.00.0 - 4.44.4Out
Call
SWX251017C001100000110.00.0 - 4.44.4Out
Call
SWX251017C001050000105.00.0 - 4.44.4Out
Call
SWX251017C001000000100.00.0 - 4.44.4Out
Call
SWX251017C00095000095.00.0 - 4.44.4Out
Call
SWX251017C00090000090.00.0 - 4.44.4Out
Call
SWX251017C000850005485.00.9 - 2.01.05Out
Call
SWX251017C0008000036980.02.85 - 3.52.95Out
Call
SWX251017C00075000075.04.9 - 7.74.9In
Call
SWX251017C00070000070.08.0 - 12.98.0In
Call
SWX251017C00060000260.017.5 - 22.017.5In
Call
SWX251017C00055000155.022.5 - 27.022.5In
 Put
SWX251017P001150000115.033.5 - 38.033.5In
 Put
SWX251017P001100000110.028.6 - 33.028.6In
 Put
SWX251017P001050000105.023.7 - 28.023.7In
 Put
SWX251017P001000000100.018.5 - 23.018.5In
 Put
SWX251017P00095000095.013.5 - 18.013.5In
 Put
SWX251017P00090000090.08.5 - 13.48.5In
 Put
SWX251017P00085000085.05.0 - 8.55.0In
 Put
SWX251017P00080000080.01.2 - 4.41.2In
 Put
SWX251017P00075000075.00.05 - 4.20.05Out
 Put
SWX251017P00070000770.00.0 - 4.04.0Out
 Put
SWX251017P00065000165.00.25 - 0.90.75Out
 Put
SWX251017P00040000140.00.0 - 4.44.4Out

Southwest Total Stockholder Equity

Total Stockholder Equity

3.68 Billion

At this time, Southwest Gas' Total Stockholder Equity is fairly stable compared to the past year.

Southwest Gas Corporate Directors

Anne MariucciIndependent DirectorProfile
Thomas ThomasIndependent DirectorProfile
Jose CardenasIndependent DirectorProfile
Jane LewisRaymondIndependent DirectorProfile

Additional Tools for Southwest Stock Analysis

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