null Option on Workday
| WDAY Stock | USD 233.06 2.17 0.94% |
Workday's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.56 with a put-to-call open interest ratio of 1.76 over 77 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on September 19th 2025. The total put volume is at 222, with calls trading at the volume of 181. This yields a 1.23 put-to-call volume ratio.
Open Interest Against September 19th 2025 Option Contracts
Workday 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 Workday's lending market. For example, when Workday'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 Workday, he or she must hedge the risk by shorting Workday stock over its option's life.
2025-09-19
The chart above shows Workday'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. Workday's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Workday's option, there is no secondary market available for investors to trade.
Workday Maximum Pain Price Across 2025-09-19 Option Contracts
Max pain occurs when Workday's market makers reach a net positive position across all Workday's options at a strike price where option holders stand to lose the most money. By contrast, Workday'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 Workday
Analyzing Workday's in-the-money options over time can help investors to take a profitable long position in Workday regardless of its overall volatility. This is especially true when Workday's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Workday's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Workday's stock while costing only a fraction of its price.
Workday In The Money Call Balance
When Workday's strike price is surpassing the current stock price, the option contract against Workday stock is said to be in the money. When it comes to buying Workday'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 Workday 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.
Workday Current Options Market Mood
Workday'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 Workday 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 Workday's options investors are not very successful. Workday'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 Workday contract
Base on the Rule 16, the options market is currently suggesting that Workday will have an average daily up or down price movement of about 0.035% per day over the life of the 2025-09-19 option contract. With Workday trading at USD 233.06, that is roughly USD 0.0816. If you think that the market is fully incorporating Workday's daily price movement you should consider buying Workday options at the current volatility level of 0.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Workday 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" Workday calls. Remember, the seller must deliver Workday stock to the call owner when a call is exercised.
Workday Option Chain
When Workday's strike price is surpassing the current stock price, the option contract against Workday 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.
Workday's option chain is a display of a range of information that helps investors for ways to trade options on Workday. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Workday. It also shows strike prices and maturity days for a Workday 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 Int | Strike Price | Current Spread | Last Price | |||
Call | WDAY250919C00440000 | 10 | 440.0 | 0.0 - 2.15 | 0.4 | Out |
Call | WDAY250919C00430000 | 1 | 430.0 | 0.0 - 2.15 | 0.06 | Out |
Call | WDAY250919C00420000 | 0 | 420.0 | 0.0 - 2.15 | 2.15 | |
Call | WDAY250919C00410000 | 72 | 410.0 | 0.0 - 2.2 | 2.2 | Out |
Call | WDAY250919C00400000 | 18 | 400.0 | 0.0 - 2.2 | 2.2 | Out |
Call | WDAY250919C00390000 | 2 | 390.0 | 0.0 - 2.2 | 2.2 | Out |
Call | WDAY250919C00380000 | 22 | 380.0 | 0.0 - 0.15 | 0.15 | Out |
Call | WDAY250919C00370000 | 90 | 370.0 | 0.0 - 0.15 | 0.11 | Out |
Call | WDAY250919C00360000 | 91 | 360.0 | 0.0 - 2.25 | 0.15 | Out |
Call | WDAY250919C00350000 | 164 | 350.0 | 0.0 - 2.3 | 0.2 | Out |
Call | WDAY250919C00340000 | 142 | 340.0 | 0.0 - 0.75 | 0.2 | Out |
Call | WDAY250919C00330000 | 105 | 330.0 | 0.0 - 2.4 | 0.4 | Out |
Call | WDAY250919C00320000 | 994 | 320.0 | 0.0 - 2.5 | 1.1 | Out |
Call | WDAY250919C00310000 | 1695 | 310.0 | 0.0 - 2.65 | 0.5 | Out |
Call | WDAY250919C00300000 | 1801 | 300.0 | 0.0 - 2.45 | 0.7 | Out |
Call | WDAY250919C00290000 | 340 | 290.0 | 0.0 - 1.35 | 0.88 | Out |
Call | WDAY250919C00280000 | 596 | 280.0 | 1.7 - 1.9 | 1.79 | Out |
Call | WDAY250919C00270000 | 575 | 270.0 | 2.9 - 3.1 | 2.9 | Out |
Call | WDAY250919C00260000 | 753 | 260.0 | 4.7 - 5.0 | 4.8 | Out |
Call | WDAY250919C00250000 | 891 | 250.0 | 7.5 - 7.7 | 7.4 | Out |
Call | WDAY250919C00240000 | 1006 | 240.0 | 11.3 - 11.5 | 11.33 | Out |
Call | WDAY250919C00230000 | 224 | 230.0 | 16.2 - 16.5 | 16.1 | In |
Call | WDAY250919C00220000 | 71 | 220.0 | 22.2 - 22.6 | 20.1 | In |
Call | WDAY250919C00210000 | 16 | 210.0 | 29.2 - 29.9 | 23.8 | In |
Call | WDAY250919C00200000 | 10 | 200.0 | 37.2 - 38.0 | 32.0 | In |
Call | WDAY250919C00195000 | 17 | 195.0 | 41.5 - 42.5 | 54.5 | In |
Call | WDAY250919C00190000 | 2 | 190.0 | 45.0 - 47.8 | 39.7 | In |
Call | WDAY250919C00185000 | 15 | 185.0 | 49.7 - 52.3 | 49.7 | In |
Call | WDAY250919C00175000 | 2 | 175.0 | 59.0 - 61.8 | 81.11 | In |
Call | WDAY250919C00170000 | 15 | 170.0 | 63.8 - 66.5 | 63.8 | In |
Call | WDAY250919C00160000 | 1 | 160.0 | 73.2 - 76.4 | 79.87 | In |
Call | WDAY250919C00150000 | 1 | 150.0 | 83.1 - 86.1 | 96.7 | In |
Call | WDAY250919C00145000 | 4 | 145.0 | 87.9 - 90.8 | 87.9 | In |
Call | WDAY250919C00130000 | 10 | 130.0 | 102.9 - 105.5 | 121.05 | In |
Call | WDAY250919C00125000 | 6 | 125.0 | 107.8 - 110.6 | 118.89 | In |
Call | WDAY250919C00120000 | 6 | 120.0 | 112.7 - 116.0 | 123.7 | In |
Call | WDAY250919C00115000 | 6 | 115.0 | 117.7 - 120.9 | 128.61 | In |
Call | WDAY250919C00110000 | 5 | 110.0 | 122.6 - 125.6 | 130.6 | In |
Call | WDAY250919C00105000 | 4 | 105.0 | 127.5 - 130.9 | 136.4 | In |
Put | WDAY250919P00440000 | 0 | 440.0 | 205.8 - 207.9 | 205.8 | In |
Put | WDAY250919P00430000 | 0 | 430.0 | 195.7 - 197.9 | 195.7 | In |
Put | WDAY250919P00420000 | 0 | 420.0 | 185.7 - 188.1 | 185.7 | In |
Put | WDAY250919P00410000 | 0 | 410.0 | 175.9 - 178.1 | 175.9 | In |
Put | WDAY250919P00400000 | 0 | 400.0 | 165.8 - 168.1 | 165.8 | In |
Put | WDAY250919P00390000 | 0 | 390.0 | 155.9 - 158.1 | 155.9 | In |
Put | WDAY250919P00380000 | 0 | 380.0 | 145.8 - 148.1 | 145.8 | In |
Put | WDAY250919P00370000 | 0 | 370.0 | 136.0 - 138.0 | 136.0 | In |
Put | WDAY250919P00360000 | 0 | 360.0 | 125.7 - 128.1 | 125.7 | In |
Put | WDAY250919P00350000 | 0 | 350.0 | 115.8 - 118.1 | 115.8 | In |
Put | WDAY250919P00290000 | 5 | 290.0 | 56.0 - 58.3 | 51.89 | In |
Put | WDAY250919P00280000 | 119 | 280.0 | 46.7 - 48.1 | 46.0 | In |
Put | WDAY250919P00270000 | 251 | 270.0 | 38.0 - 39.0 | 45.24 | In |
Put | WDAY250919P00260000 | 496 | 260.0 | 29.8 - 30.3 | 36.68 | In |
Put | WDAY250919P00250000 | 485 | 250.0 | 22.5 - 22.9 | 25.1 | In |
Put | WDAY250919P00240000 | 729 | 240.0 | 16.3 - 16.7 | 17.36 | In |
Put | WDAY250919P00230000 | 570 | 230.0 | 11.4 - 11.7 | 11.6 | Out |
Put | WDAY250919P00220000 | 744 | 220.0 | 7.5 - 7.7 | 7.7 | Out |
Put | WDAY250919P00210000 | 1916 | 210.0 | 4.6 - 4.9 | 4.8 | Out |
Put | WDAY250919P00200000 | 5534 | 200.0 | 2.65 - 2.95 | 2.85 | Out |
Put | WDAY250919P00195000 | 4748 | 195.0 | 1.85 - 2.9 | 2.39 | Out |
Put | WDAY250919P00190000 | 398 | 190.0 | 1.3 - 2.2 | 2.52 | Out |
Put | WDAY250919P00185000 | 232 | 185.0 | 1.0 - 1.4 | 1.71 | Out |
Put | WDAY250919P00180000 | 204 | 180.0 | 0.85 - 1.55 | 0.9 | Out |
Put | WDAY250919P00175000 | 47 | 175.0 | 0.3 - 1.25 | 1.0 | Out |
Put | WDAY250919P00170000 | 47 | 170.0 | 0.0 - 2.6 | 0.9 | Out |
Put | WDAY250919P00165000 | 537 | 165.0 | 0.0 - 2.5 | 0.75 | Out |
Put | WDAY250919P00160000 | 5 | 160.0 | 0.0 - 1.4 | 1.13 | Out |
Put | WDAY250919P00155000 | 13 | 155.0 | 0.05 - 0.8 | 0.05 | Out |
Put | WDAY250919P00150000 | 1 | 150.0 | 0.0 - 2.25 | 2.25 | Out |
Put | WDAY250919P00145000 | 1 | 145.0 | 0.0 - 2.2 | 2.2 | Out |
Put | WDAY250919P00140000 | 35 | 140.0 | 0.0 - 2.2 | 2.2 | Out |
Put | WDAY250919P00135000 | 5 | 135.0 | 0.0 - 2.15 | 0.86 | Out |
Put | WDAY250919P00130000 | 4 | 130.0 | 0.0 - 2.15 | 0.94 | Out |
Put | WDAY250919P00125000 | 8 | 125.0 | 0.0 - 2.15 | 0.73 | Out |
Put | WDAY250919P00120000 | 33 | 120.0 | 0.0 - 2.15 | 0.7 | Out |
Put | WDAY250919P00115000 | 3 | 115.0 | 0.0 - 2.15 | 0.68 | Out |
Put | WDAY250919P00110000 | 3 | 110.0 | 0.0 - 2.15 | 0.68 | Out |
Workday Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Workday Other Stockholder Equity
Other Stockholder Equity |
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Workday Corporate Management
| Ali Fuller | Senior Experience | Profile | |
| Mark Garfield | Chief Officer | Profile | |
| Jeff Gelfuso | Chief Officer | Profile | |
| Rani Johnson | Chief Officer | Profile | |
| Barbara Larson | Chief Officer | Profile |
Additional Tools for Workday Stock Analysis
When running Workday's price analysis, check to measure Workday'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 Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.