Dril Quip Stock Options
| DRQ Stock | USD 19.46 0.08 0.41% |
Dril Quip's option chain provides insight into all available option contracts written on Dril Quip's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Dril Quip's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Dril option contract.
In The Money vs. Out of Money Option Contracts on Dril Quip
Analyzing Dril Quip's in-the-money options over time can help investors to take a profitable long position in Dril Quip regardless of its overall volatility. This is especially true when Dril Quip's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Dril Quip's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Dril Quip's stock while costing only a fraction of its price.
Dril Quip's latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 52.0 with a put-to-call open interest ratio of 2.89 over 16 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-05-17. The current put volume is at 10, with calls trading at the volume of 0. This yields a 0.0 put-to-call volume ratio. The Dril Quip option chain provides detailed quote and price information for the current Dril Quip option contracts. It shows all of Dril Quip's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-17 Option Contracts
Dril Quip 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 Dril Quip's lending market. For example, when Dril Quip'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 Dril Quip, he or she must hedge the risk by shorting Dril Quip stock over its option's life.
2024-05-17
The chart above shows Dril Quip'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. Dril Quip's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Dril Quip's option, there is no secondary market available for investors to trade.
Dril Quip Maximum Pain Price across 2024-05-17 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Dril Quip close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Dril Quip's stock options are financial instruments that give investors the right to buy or sell shares of Dril Quip common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Dril stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Dril Quip's stock price goes up or down, the stock options follow.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dril Quip. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. Please note that buying 'in-the-money' options on Dril Quip lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Dril Quip's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Dril Quip contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Dril Stock moves the wrong way.
At this time, Dril Quip's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/23/2024, Sale Purchase Of Stock is likely to grow to 0.00, while Total Stockholder Equity is likely to drop slightly above 755.2 M. Dril Quip In The Money Call Balance
When Dril Quip's strike price is surpassing the current stock price, the option contract against Dril Quip stock is said to be in the money. When it comes to buying Dril Quip'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 Dril Quip 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.
Dril Current Options Market Mood
Dril Quip'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 Dril 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
Most options investors, including buyers and sellers of Dril Quip'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. Dril Quip'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. Using current Dril Quip's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Dril contract
Base on the Rule 16, the options market is currently suggesting that Dril Quip will have an average daily up or down price movement of about 3.25% per day over the life of the 2024-05-17 option contract. With Dril Quip trading at USD 19.46, that is roughly USD 0.63. If you think that the market is fully incorporating Dril Quip's daily price movement you should consider buying Dril Quip options at the current volatility level of 52.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Dril |
Purchasing Dril Quip 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" Dril calls. Remember, the seller must deliver Dril Quip stock to the call owner when a call is exercised.
Dril Quip Option Chain
When Dril Quip's strike price is surpassing the current stock price, the option contract against Dril Quip 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.
Dril Quip's option chain is a display of a range of information that helps investors for ways to trade options on Dril. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Dril. It also shows strike prices and maturity days for a Dril Quip 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. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-17 CALL at $10.0 | 0.9563 | 0.0107 | 0 | 2024-05-17 | 7.6 - 11.6 | 0.0 | In |
Call | 2024-05-17 CALL at $12.5 | 0.923 | 0.021 | 0 | 2024-05-17 | 5.3 - 9.1 | 0.0 | In |
Call | 2024-05-17 CALL at $15.0 | 0.8797 | 0.0418 | 0 | 2024-05-17 | 2.9 - 6.6 | 0.0 | In |
Call | 2024-05-17 CALL at $17.5 | 0.8089 | 0.1076 | 0 | 2024-05-17 | 1.85 - 2.6 | 0.0 | In |
Call | 2024-05-17 CALL at $20.0 | 0.5044 | 0.0831 | 15 | 2024-05-17 | 0.25 - 3.1 | 0.87 | Out |
Call | 2024-05-17 CALL at $22.5 | 0.1554 | 0.0913 | 15 | 2024-05-17 | 0.15 - 0.25 | 0.3 | Out |
Put | 2024-05-17 PUT at $17.5 | -0.1962 | 0.1073 | 39 | 2024-05-17 | 0.05 - 0.8 | 0.3 | Out |
Put | 2024-05-17 PUT at $20.0 | -0.6163 | 0.2298 | 72 | 2024-05-17 | 0.55 - 1.45 | 1.23 | In |
Put | 2024-05-17 PUT at $22.5 | -0.7178 | 0.0814 | 16 | 2024-05-17 | 2.75 - 4.7 | 1.0 | In |
Put | 2024-05-17 PUT at $25.0 | -0.7307 | 0.0526 | 0 | 2024-05-17 | 5.1 - 7.8 | 0.0 | In |
Put | 2024-05-17 PUT at $30.0 | -0.8453 | 0.034 | 0 | 2024-05-17 | 10.1 - 12.0 | 0.0 | In |
Dril Quip Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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Dril Quip Common Stock Shares Outstanding Over Time
The total number of shares of a company's common stock that are currently owned by all its shareholders. Common Stock Shares Outstanding |
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Dril Total Stockholder Equity
Total Stockholder Equity |
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Dril Quip Corporate Directors
Dril Quip corporate directors refer to members of a Dril Quip board of directors. The board of directors generally takes responsibility for the Dril Quip's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dril Quip's board members must vote for the resolution. The Dril Quip board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Amy Schwetz | Independent Director | Profile | |
| Alexander Shukis | Independent Director | Profile | |
| L Robertson | Independent Director | Profile | |
| Steven Newman | Independent Director | Profile |
Already Invested in Dril Quip?
The danger of trading Dril Quip is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dril Quip is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dril Quip. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dril Quip is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Dril Quip is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dril Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dril Quip Stock. Highlighted below are key reports to facilitate an investment decision about Dril Quip Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dril Quip. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Dril Stock, please use our How to Invest in Dril Quip guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Dril Quip's price analysis, check to measure Dril Quip'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 Dril Quip is operating at the current time. Most of Dril Quip's value examination focuses on studying past and present price action to predict the probability of Dril Quip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dril Quip's price. Additionally, you may evaluate how the addition of Dril Quip to your portfolios can decrease your overall portfolio volatility.
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Is Dril Quip's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dril Quip. If investors know Dril will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dril Quip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.02 | Revenue Per Share 12.409 | Quarterly Revenue Growth 0.307 | Return On Assets 0.0009 | Return On Equity 0.0007 |
The market value of Dril Quip is measured differently than its book value, which is the value of Dril that is recorded on the company's balance sheet. Investors also form their own opinion of Dril Quip's value that differs from its market value or its book value, called intrinsic value, which is Dril Quip's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dril Quip's market value can be influenced by many factors that don't directly affect Dril Quip's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dril Quip's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dril Quip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dril Quip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.