Western Midstream Stock Options
| WES Stock | USD 40.47 0.12 0.30% |
Western Midstream's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.27. The total put volume is at 1.0, with calls trading at the volume of 303. This yields a 0.0 put-to-call volume ratio. The Western Midstream option chain provides detailed quote and price information for the current Western Midstream Partners option contracts. It shows all of Western Midstream's listed puts, calls, expiration dates, strike prices, and other pricing information.
Western Midstream Maximum Pain Price Across 2025-09-19 Option Contracts
Max pain occurs when Western Midstream's market makers reach a net positive position across all Western Midstream's options at a strike price where option holders stand to lose the most money. By contrast, Western Midstream'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 Western Midstream
Analyzing Western Midstream's in-the-money options over time can help investors to take a profitable long position in Western Midstream regardless of its overall volatility. This is especially true when Western Midstream's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Western Midstream's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Western Midstream's stock while costing only a fraction of its price.
Western Midstream In The Money Call Balance
When Western Midstream's strike price is surpassing the current stock price, the option contract against Western Midstream Partners stock is said to be in the money. When it comes to buying Western Midstream'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 Western Midstream Partners 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.
Western Current Options Market Mood
Western Midstream'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 Western 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 Western Midstream'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. Western Midstream'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 Western contract
Base on the Rule 16, the options market is currently suggesting that Western Midstream Partners will have an average daily up or down price movement of about 0.0169% per day over the life of the 2025-09-19 option contract. With Western Midstream trading at USD 40.47, that is roughly USD 0.006829. If you think that the market is fully incorporating Western Midstream's daily price movement you should consider buying Western Midstream Partners options at the current volatility level of 0.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Western Midstream 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" Western calls. Remember, the seller must deliver Western Midstream Partners stock to the call owner when a call is exercised.
Western Midstream Option Chain
When Western Midstream's strike price is surpassing the current stock price, the option contract against Western Midstream Partners 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.
Western Midstream's option chain is a display of a range of information that helps investors for ways to trade options on Western. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Western. It also shows strike prices and maturity days for a Western Midstream 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 | WES250919C00048000 | 0 | 48.0 | 0.0 - 0.45 | 0.45 | |
Call | WES250919C00047000 | 0 | 47.0 | 0.0 - 0.7 | 0.05 | |
Call | WES250919C00046000 | 0 | 46.0 | 0.0 - 0.35 | 0.35 | |
Call | WES250919C00045000 | 0 | 45.0 | 0.0 - 0.15 | 0.15 | |
Call | WES250919C00044000 | 0 | 44.0 | 0.05 - 0.25 | 0.2 | |
Call | WES250919C00043000 | 10 | 43.0 | 0.2 - 0.4 | 0.4 | Out |
Call | WES250919C00042000 | 0 | 42.0 | 0.45 - 0.65 | 0.45 | |
Call | WES250919C00041000 | 0 | 41.0 | 0.7 - 0.95 | 1.0 | |
Call | WES250919C00040000 | 0 | 40.0 | 1.15 - 1.45 | 1.15 | In |
Call | WES250919C00039000 | 0 | 39.0 | 1.8 - 2.05 | 1.8 | In |
Put | WES250919P00048000 | 0 | 48.0 | 8.2 - 9.3 | 8.2 | In |
Put | WES250919P00047000 | 0 | 47.0 | 7.1 - 9.3 | 7.1 | In |
Put | WES250919P00046000 | 0 | 46.0 | 6.0 - 7.3 | 6.0 | In |
Put | WES250919P00045000 | 0 | 45.0 | 5.0 - 7.2 | 5.0 | In |
Put | WES250919P00044000 | 0 | 44.0 | 4.2 - 5.0 | 4.2 | In |
Put | WES250919P00043000 | 0 | 43.0 | 3.4 - 4.2 | 3.4 | In |
Put | WES250919P00042000 | 0 | 42.0 | 2.55 - 2.8 | 2.55 | In |
Put | WES250919P00041000 | 0 | 41.0 | 0.9 - 2.1 | 0.9 | In |
Put | WES250919P00040000 | 0 | 40.0 | 0.65 - 1.55 | 1.42 | |
Put | WES250919P00039000 | 0 | 39.0 | 0.9 - 1.1 | 0.9 |
Western Midstream Market Cap Over Time
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Western Total Stockholder Equity
Total Stockholder Equity |
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Western Midstream Corporate Directors
| Thomas Hix | Independent Director of the General Partner | Profile | |
| Nicole Clark | Director of the General Partner | Profile | |
| Jennifer Kirk | Director of Western Gas Equity Holdings, LLC | Profile | |
| Steven Arnold | Independent Director of Western Gas Holdings, LLC | Profile |
Additional Tools for Western Stock Analysis
When running Western Midstream's price analysis, check to measure Western Midstream'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 Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.