HAL230331P00036000 Option on Halliburton

HAL Stock  USD 38.72  0.36  0.92%   
Halliburton's option chain provides insight into all available option contracts written on Halliburton's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Halliburton'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 Halliburton option contract.

In The Money vs. Out of Money Option Contracts on Halliburton

Analyzing Halliburton's in-the-money options over time can help investors to take a profitable long position in Halliburton regardless of its overall volatility. This is especially true when Halliburton's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Halliburton's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Halliburton's stock while costing only a fraction of its price.
Halliburton's latest option contracts expiring on 2024-04-26 are carrying combined implied volatility of 44.88 with a put-to-call open interest ratio of 0.39 over 92 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-04-26. The current put volume is at 1201, with calls trading at the volume of 1584. This yields a 0.76 put-to-call volume ratio. The Halliburton option chain provides detailed quote and price information for the current Halliburton option contracts. It shows all of Halliburton's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-26 Option Contracts

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

Halliburton Maximum Pain Price across 2024-04-26 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 Halliburton 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.
Halliburton's stock options are financial instruments that give investors the right to buy or sell shares of Halliburton common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Halliburton stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Halliburton's stock price goes up or down, the stock options follow.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
Please note that buying 'in-the-money' options on Halliburton lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Halliburton'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 Halliburton 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 Halliburton Stock moves the wrong way.
Issuance Of Capital Stock is expected to rise to about 154.7 M this year, although the value of Total Stockholder Equity will most likely fall to about 6.8 B.

Halliburton In The Money Call Balance

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

Halliburton Current Options Market Mood

Halliburton'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 Halliburton 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 Halliburton'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. Halliburton'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 Halliburton'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 Halliburton contract

Base on the Rule 16, the options market is currently suggesting that Halliburton will have an average daily up or down price movement of about 2.8% per day over the life of the 2024-04-26 option contract. With Halliburton trading at USD 38.72, that is roughly USD 1.09. If you think that the market is fully incorporating Halliburton's daily price movement you should consider buying Halliburton options at the current volatility level of 44.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Halliburton 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" Halliburton calls. Remember, the seller must deliver Halliburton stock to the call owner when a call is exercised.

Halliburton Option Chain

When Halliburton's strike price is surpassing the current stock price, the option contract against Halliburton 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.
Halliburton's option chain is a display of a range of information that helps investors for ways to trade options on Halliburton. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Halliburton. It also shows strike prices and maturity days for a Halliburton 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-04-26 CALL at $25.00.91780.010402024-04-2613.9 - 15.550.0In
Call
2024-04-26 CALL at $26.00.95470.009352024-04-2611.0 - 13.312.25In
Call
2024-04-26 CALL at $27.00.96860.008592024-04-2611.85 - 12.211.25In
Call
2024-04-26 CALL at $28.00.97830.007622024-04-2610.95 - 11.3510.3In
Call
2024-04-26 CALL at $29.00.94320.014402024-04-269.85 - 10.30.0In
Call
2024-04-26 CALL at $30.00.92910.017902024-04-268.05 - 10.650.0In
Call
2024-04-26 CALL at $31.00.90580.022602024-04-267.05 - 8.450.0In
Call
2024-04-26 CALL at $32.00.99640.003412024-04-266.95 - 7.258.78In
Call
2024-04-26 CALL at $33.00.96550.020302024-04-265.9 - 6.40.0In
Call
2024-04-26 CALL at $33.50.96330.023102024-04-265.5 - 5.80.0In
Call
2024-04-26 CALL at $34.00.97550.020102024-04-264.9 - 5.350.0In
Call
2024-04-26 CALL at $34.50.94460.035402024-04-264.5 - 4.850.0In
Call
2024-04-26 CALL at $35.00.86340.0526472024-04-263.45 - 4.43.43In
Call
2024-04-26 CALL at $35.50.88120.059802024-04-263.6 - 4.00.0In
Call
2024-04-26 CALL at $36.00.8630.0715352024-04-263.1 - 4.853.32In
Call
2024-04-26 CALL at $36.50.85960.086652024-04-262.56 - 2.962.79In
Call
2024-04-26 CALL at $37.00.77110.0986352024-04-262.26 - 2.791.74In
Call
2024-04-26 CALL at $37.50.78040.1348122024-04-261.85 - 1.921.82In
Call
2024-04-26 CALL at $38.00.70980.1612212024-04-261.49 - 1.541.5In
Call
2024-04-26 CALL at $38.50.62050.175532024-04-261.18 - 1.211.16In
Call
2024-04-26 CALL at $39.00.52990.18375022024-04-260.9 - 0.930.98In
Call
2024-04-26 CALL at $39.50.43760.18392922024-04-260.66 - 0.690.65Out
Call
2024-04-26 CALL at $40.00.35180.17085652024-04-260.47 - 0.50.5Out
Call
2024-04-26 CALL at $40.50.27170.15351852024-04-260.33 - 0.360.35Out
Call
2024-04-26 CALL at $41.00.19920.13158092024-04-260.22 - 0.240.23Out
Call
2024-04-26 CALL at $41.50.14190.106120602024-04-260.15 - 0.180.15Out
Call
2024-04-26 CALL at $42.00.10070.08244112024-04-260.1 - 0.120.1Out
Call
2024-04-26 CALL at $42.50.07640.064352024-04-260.06 - 0.090.1Out
Call
2024-04-26 CALL at $43.00.06050.0513292024-04-260.05 - 0.070.06Out
Call
2024-04-26 CALL at $43.50.04230.038902024-04-260.02 - 0.060.05Out
Call
2024-04-26 CALL at $44.00.0320.0293682024-04-260.01 - 0.060.03Out
Call
2024-04-26 CALL at $44.50.030.025832024-04-260.01 - 0.040.03Out
Call
2024-04-26 CALL at $45.00.02090.01892122024-04-260.01 - 0.040.02Out
Call
2024-04-26 CALL at $50.00.17160.028232024-04-260.0 - 0.20.75Out
Call
2024-04-26 CALL at $53.00.02030.008702024-04-260.0 - 0.050.04Out
 Put
2024-04-26 PUT at $34.0-0.01970.01771662024-04-260.01 - 0.10.02Out
 Put
2024-04-26 PUT at $34.5-0.02890.0251832024-04-260.01 - 0.10.03Out
 Put
2024-04-26 PUT at $35.0-0.03170.03872024-04-260.01 - 0.040.03Out
 Put
2024-04-26 PUT at $35.5-0.04290.0408672024-04-260.04 - 0.050.04Out
 Put
2024-04-26 PUT at $36.0-0.07570.0621002024-04-260.06 - 0.080.08Out
 Put
2024-04-26 PUT at $36.5-0.10340.0825452024-04-260.1 - 0.120.13Out
 Put
2024-04-26 PUT at $37.0-0.14980.1091372024-04-260.16 - 0.180.19Out
 Put
2024-04-26 PUT at $37.5-0.21160.13721632024-04-260.25 - 0.280.26Out
 Put
2024-04-26 PUT at $38.0-0.28850.16263292024-04-260.38 - 0.410.39Out
 Put
2024-04-26 PUT at $38.5-0.37650.18111612024-04-260.55 - 0.580.63Out
 Put
2024-04-26 PUT at $39.0-0.47040.19143312024-04-260.77 - 0.80.78Out
 Put
2024-04-26 PUT at $39.5-0.56570.18941452024-04-261.04 - 1.061.1In
 Put
2024-04-26 PUT at $40.0-0.65650.17742942024-04-261.35 - 1.381.39In
 Put
2024-04-26 PUT at $40.5-0.62730.1024122024-04-261.69 - 2.922.3In
 Put
2024-04-26 PUT at $41.0-0.86970.13112232024-04-261.96 - 2.232.01In
 Put
2024-04-26 PUT at $41.5-0.73410.094422024-04-261.76 - 2.940.0In
 Put
2024-04-26 PUT at $42.0-0.72540.0783192024-04-262.42 - 4.752.25In
 Put
2024-04-26 PUT at $42.5-0.89730.071502024-04-263.35 - 3.70.0In
 Put
2024-04-26 PUT at $43.0-0.93460.05302024-04-263.85 - 4.12.52In
 Put
2024-04-26 PUT at $43.5-0.98390.020602024-04-264.15 - 4.70.0In
 Put
2024-04-26 PUT at $44.0-0.77550.053802024-04-264.8 - 6.352.99In
 Put
2024-04-26 PUT at $44.5-0.96250.029502024-04-265.2 - 5.70.0In
 Put
2024-04-26 PUT at $45.0-0.77640.045902024-04-265.75 - 7.63.85In
 Put
2024-04-26 PUT at $45.5-0.96630.023702024-04-266.25 - 6.650.0In
 Put
2024-04-26 PUT at $46.0-0.98920.010102024-04-266.7 - 7.150.0In
 Put
2024-04-26 PUT at $46.5-0.96910.019802024-04-267.25 - 7.650.0In
 Put
2024-04-26 PUT at $47.0-0.92740.029202024-04-267.7 - 8.050.0In
 Put
2024-04-26 PUT at $47.5-0.97140.016902024-04-268.35 - 8.550.0In
 Put
2024-04-26 PUT at $48.0-0.95010.02202024-04-268.7 - 9.00.0In
 Put
2024-04-26 PUT at $48.5-0.77590.031302024-04-267.95 - 10.510.15In
 Put
2024-04-26 PUT at $49.0-0.99140.006202024-04-269.7 - 10.150.0In
 Put
2024-04-26 PUT at $49.5-0.96370.016102024-04-2610.3 - 10.650.0In
 Put
2024-04-26 PUT at $50.0-0.97560.012202024-04-2610.7 - 11.20.0In
 Put
2024-04-26 PUT at $51.0-0.92880.020402024-04-2610.7 - 12.10.0In
 Put
2024-04-26 PUT at $52.0-0.95940.014302024-04-2612.65 - 13.00.0In
 Put
2024-04-26 PUT at $53.0-0.91280.019502024-04-2613.6 - 14.20.0In

Halliburton 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   
       Timeline  

Halliburton 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   
       Timeline  

Halliburton Total Stockholder Equity

Total Stockholder Equity

6.8 Billion

At this time, Halliburton's Total Stockholder Equity is quite stable compared to the past year.

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Our tools can tell you how much better you can do entering a position in Halliburton without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Halliburton Corporate Directors

Halliburton corporate directors refer to members of a Halliburton board of directors. The board of directors generally takes responsibility for the Halliburton'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 Halliburton's board members must vote for the resolution. The Halliburton board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Abdulaziz KhayyalIndependent DirectorProfile
James BoydIndependent DirectorProfile
Patricia HallIndependent DirectorProfile
Robert MaloneLead Independent DirectorProfile

Already Invested in Halliburton?

The danger of trading Halliburton 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 Halliburton 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 Halliburton. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Halliburton 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 Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Halliburton'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 Halliburton. If investors know Halliburton 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 Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.013
Dividend Share
0.64
Earnings Share
2.92
Revenue Per Share
25.604
Quarterly Revenue Growth
0.028
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton'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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton'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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton'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.