WTTR251017C00015000 Option on Select Energy Services
WTTR Stock | USD 9.78 0.40 4.26% |
WTTR251017C00015000 is a PUT option contract on Select Energy's common stock with a strick price of 15.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Select Energy produce a short position in Select Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Select Energy's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Select Energy Services will have an average daily up or down price movement of about 0.0562% per day over the life of the option. With Select Energy trading at USD 9.78, that is roughly USD 0.005491. If you think that the market is fully understating Select Energy's daily price movement you should consider buying Select Energy Services options at that current volatility level of 0.9%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Select Energy
An 'Out of The Money' option on Select has a strike price that Select Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Select Energy's 'Out of The Money' options include buying the options if you expect a big move in Select Energy's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | WTTR251017C00015000 |
Expires On | 2025-10-17 |
Days Before Expriration | 86 |
Delta | 0.198124 |
Vega | 0.012715 |
Gamma | 0.06749 |
Theoretical Value | 0.38 |
Open Interest | 55 |
Strike Price | 15.0 |
Current Price Spread | 0.0 | 0.75 |
Rule 16 Daily Up or Down | USD 0.005491 |
Select short PUT Option Greeks
Select Energy's Option Greeks for the contract ending on 2025-10-17 at a strike price of 15.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Select Energy's option greeks, its implied volatility helps estimate the risk of Select Energy stock implied by the prices of the options on Select Energy's stock.
Delta | 0.198124 | |
Gamma | 0.06749 | |
Theta | -0.006593 | |
Vega | 0.012715 | |
Rho | 0.003454 |
Select long PUT Option Payoff at expiration
Put options written on Select Energy grant holders of the option the right to sell a specified amount of Select Energy at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Select Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Select Energy is like buying insurance aginst Select Energy's downside shift.
Profit |
Select Energy Price At Expiration |
Select short PUT Option Payoff at expiration
By selling Select Energy's put option, the investors signal their bearish sentiment. A short position in a put option written on Select Energy will generally make money when the underlying price is above the strike price. Therefore Select Energy's put payoff at expiration depends on where the Select Stock price is relative to the put option strike price. The breakeven price of 15.38 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Select Energy's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
Profit |
Select Energy Price At Expiration |
Select Energy Services Available Call Options
Select Energy's option chain is a display of a range of information that helps investors for ways to trade options on Select. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Select. It also shows strike prices and maturity days for a Select Energy 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 | WTTR251017C00025000 | 0 | 25.0 | 0.0 - 0.75 | 0.75 | |
Call | WTTR251017C00022500 | 0 | 22.5 | 0.0 - 0.75 | 0.75 | |
Call | WTTR251017C00020000 | 4 | 20.0 | 0.0 - 0.75 | 0.12 | Out |
Call | WTTR251017C00017500 | 1 | 17.5 | 0.0 - 0.75 | 0.75 | Out |
Call | WTTR251017C00015000 | 55 | 15.0 | 0.0 - 0.75 | 0.75 | Out |
Call | WTTR251017C00012500 | 19 | 12.5 | 0.0 - 0.4 | 0.4 | Out |
Call | WTTR251017C00010000 | 53 | 10.0 | 0.45 - 0.7 | 0.75 | Out |
Call | WTTR251017C00007500 | 21 | 7.5 | 1.7 - 2.55 | 2.0 | In |
Call | WTTR251017C00005000 | 0 | 5.0 | 4.0 - 4.9 | 4.0 | In |
Call | WTTR251017C00002500 | 0 | 2.5 | 5.6 - 8.5 | 5.6 | In |
Select Energy Corporate Directors
Richard Burnett | Independent Director | Profile | |
David Baldwin | Independent Director | Profile | |
Robert Delaney | Lead Independent Director | Profile | |
Keith Rattie | Independent Director | Profile |
Additional Tools for Select Stock Analysis
When running Select Energy's price analysis, check to measure Select Energy'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 Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.