Valaris (VAL) Options Chain

NYSE: VALEnergyOil & Gas ProductionUSD

83.65-0.31 (-0.37%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 17, 2027
Days to expiration: 432
Share price: $83.65
Put/call ratio (OI): 0.26
Put/call ratio (volume): 8.11
ATM implied volatility: 83.8%
Expected move: ±$76.25
Open interest (C / P): 555 / 142

VAL options summary

The VAL options chain for the December 17, 2027 expiration lists 34 call and 27 put contracts, with 432 days until expiration. Open interest stands at 555 calls and 142 puts, a put/call ratio of 0.26, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $85.00 strike is 83.8%, which implies the market expects a move of about ±$76.25 (91.2%) in Valaris stock by expiration.

The most open interest sits at the $120.00 call (297 contracts) and the $50.00 put (59 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

VAL options chain · December 17, 2027

VAL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	1	—	38.58	36.50	41.00	17.50	—	—	—	—	—	—
0	2	—	65.20	0.00	0.00	20.00	0.00	0.00	0.94	25.0%	120	0
—	—	—	—	—	—	22.50	0.25	2.55	1.45	86.4%	—	1
—	—	—	—	—	—	25.00	0.00	0.00	1.28	25.0%	120	0
—	—	—	—	—	—	27.50	0.00	0.00	1.65	25.0%	2	0
1	1	125.4%	67.00	59.00	64.00	30.00	0.00	5.00	1.20	80.9%	4	3
3	2	160.0%	29.50	62.50	67.50	32.50	1.95	4.90	3.60	83.5%	8	10
7	1	—	27.90	23.50	26.90	35.00	0.00	5.00	3.90	70.2%	1	4
3	3	—	21.50	19.70	23.00	37.50	2.15	6.30	6.00	78.4%	4	5
18	1	128.8%	22.35	55.00	59.50	40.00	3.30	8.00	7.00	82.4%	4	10
0	1	—	58.80	0.00	0.00	42.50	6.60	10.60	11.20	93.7%	—	0
0	10	—	47.00	0.00	0.00	45.00	0.00	0.00	2.90	12.5%	100	0
0	5	—	45.00	0.00	0.00	47.50	0.00	0.00	3.30	12.5%	80	0
60	1	65.3%	37.60	37.50	42.00	50.00	1.10	5.00	3.60	59.8%	121	59
0	5	—	43.50	0.00	0.00	52.50	0.00	0.00	4.72	12.5%	50	0
0	20	—	50.18	0.00	0.00	55.00	0.00	0.00	4.80	6.3%	50	0
0	2	—	35.00	0.00	0.00	57.50	0.00	0.00	4.78	6.3%	—	0
13	1	61.2%	33.80	30.50	35.00	60.00	0.00	0.00	5.46	6.3%	121	0
3	3	59.8%	26.90	29.00	33.00	62.50	0.00	0.00	6.30	6.3%	—	0
0	1	—	42.08	0.00	0.00	65.00	0.00	0.00	8.60	6.3%	1	0
48	4	57.7%	30.00	24.50	28.50	70.00	7.30	11.50	10.03	53.3%	5	34
—	—	—	—	—	—	72.50	8.30	12.50	9.38	52.4%	—	3
0	9	—	28.67	0.00	0.00	75.00	9.40	13.50	11.30	51.5%	10	13
3	—	65.8%	20.78	23.50	28.00	77.50	—	—	—	—	—	—
0	3	—	21.10	0.00	0.00	80.00	—	—	—	—	—	—
VAL $83.65
7	1	83.8%	27.90	26.50	31.50	85.00	0.00	0.00	17.00	—	1	0
5	—	55.6%	18.30	16.50	20.50	87.50	—	—	—	—	—	—
3	3	51.7%	23.50	14.00	18.50	90.00	—	—	—	—	—	—
1	—	75.8%	30.00	21.50	26.50	92.50	0.00	0.00	21.90	—	1	0
2	3	54.4%	13.14	13.70	17.50	95.00	0.00	0.00	24.40	—	—	0
0	—	3.1%	17.47	0.00	0.00	97.50	0.00	0.00	25.90	—	—	0
4	3	54.0%	12.60	12.00	16.00	100.00	0.00	0.00	27.20	—	—	0
297	3	63.9%	18.94	10.90	15.10	120.00	—	—	—	—	—	—
2	1	52.9%	8.33	6.00	10.50	125.00	—	—	—	—	—	—
72	6	52.7%	6.98	4.50	9.00	135.00	—	—	—	—	—	—
0	1	12.5%	16.77	0.00	0.00	140.00	—	—	—	—	—	—
0	2	12.5%	15.88	0.00	0.00	145.00	—	—	—	—	—	—
1	—	51.8%	6.00	2.00	6.70	155.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the VAL put/call ratio?

For the December 17, 2027 expiration, the VAL put/call ratio based on open interest is 0.26 (142 puts vs 555 calls), and 8.11 based on today's volume. A ratio above 1 means more puts than calls.

What is VAL's implied volatility?

At-the-money implied volatility for VAL options expiring December 17, 2027 is about 83.8%, an annualized estimate of how much the market expects Valaris stock to move.

How many VAL option expiration dates are there?

VAL has 8 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.