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: Jan 21, 2028
Days to expiration: 468
Share price: $83.65
Put/call ratio (OI): 0.51
Put/call ratio (volume): 1.92
ATM implied volatility: 55.9%
Expected move: ±$52.98
Open interest (C / P): 2.25K / 1.15K

VAL options summary

The VAL options chain for the January 21, 2028 expiration lists 38 call and 28 put contracts, with 468 days until expiration. Open interest stands at 2,253 calls and 1,154 puts, a put/call ratio of 0.51, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $82.50 strike is 55.9%, which implies the market expects a move of about ±$52.98 (63.3%) in Valaris stock by expiration.

The most open interest sits at the $130.00 call (778 contracts) and the $100.00 put (500 contracts).

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

VAL options chain · January 21, 2028

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
0	1	—	60.90	0.00	0.00	25.00	0.00	0.70	0.60	57.3%	1	15
1	—	97.4%	52.78	58.00	62.20	27.50	—	—	—	—	—	—
0	1	—	51.26	0.00	0.00	30.00	0.00	1.75	1.30	59.0%	5	9
—	—	—	—	—	—	35.00	0.00	5.00	2.00	67.5%	3	3
0	3	—	62.20	0.00	0.00	37.50	—	—	—	—	—	—
28	3	43.8%	54.00	40.00	44.50	40.00	0.70	5.00	3.50	61.2%	2	18
0	2	—	49.80	0.00	0.00	42.50	0.00	0.00	2.55	12.5%	100	0
0	1	—	47.00	0.00	0.00	45.00	0.00	0.00	3.10	12.5%	100	0
0	1	—	40.00	0.00	0.00	47.50	0.00	0.00	3.50	12.5%	100	0
75	1	74.0%	34.00	40.00	44.40	50.00	0.00	0.00	3.90	12.5%	104	0
3	6	73.9%	32.80	38.50	43.00	52.50	0.00	0.00	4.80	6.3%	51	0
13	3	71.7%	32.50	36.50	41.20	55.00	0.00	0.00	4.20	6.3%	61	0
0	4	—	37.23	0.00	0.00	57.50	0.00	0.00	3.90	6.3%	60	0
115	1	72.7%	28.60	34.00	39.00	60.00	0.00	0.00	5.70	6.3%	61	0
1	1	—	14.50	12.50	17.10	62.50	14.50	19.00	14.72	82.0%	20	0
0	2	—	33.00	0.00	0.00	65.00	—	—	—	—	—	—
0	2	—	37.60	0.00	0.00	67.50	—	—	—	—	—	—
14	4	65.3%	24.50	27.50	31.70	70.00	0.00	0.00	9.34	3.1%	60	0
—	—	—	—	—	—	72.50	9.50	14.00	13.80	55.0%	1	1
0	80	—	38.20	0.00	0.00	75.00	10.20	14.00	10.87	50.9%	3	8
8	1	63.3%	19.00	22.50	27.10	80.00	0.00	0.00	17.80	0.8%	1	0
1	1	55.9%	22.50	19.00	23.50	82.50	—	—	—	—	—	—
VAL $83.65
45	1	55.9%	20.90	18.60	22.00	85.00	28.50	32.90	36.50	81.6%	—	1
0	—	0.8%	23.40	0.00	0.00	87.50	17.50	22.00	20.30	52.5%	20	33
0	3	1.6%	20.80	0.00	0.00	90.00	18.60	23.50	17.80	52.2%	2	6
3	2	81.2%	24.00	24.50	29.50	92.50	20.10	25.00	21.50	51.7%	30	36
3	1	61.9%	14.00	16.90	21.50	95.00	0.00	0.00	24.10	—	—	0
10	4	79.5%	31.74	22.50	27.50	97.50	17.50	22.50	22.86	35.8%	2	18
501	1	53.9%	13.00	12.50	17.00	100.00	24.20	28.00	28.30	45.7%	—	500
7	4	52.8%	20.50	10.60	15.50	105.00	27.60	31.70	30.00	45.6%	500	500
502	500	53.8%	13.10	10.00	14.50	110.00	—	—	—	—	—	—
0	1	6.3%	11.12	0.00	0.00	115.00	27.50	32.50	32.72	22.0%	—	1
7	7	58.7%	10.66	10.00	14.00	120.00	—	—	—	—	—	—
19	1	58.5%	9.93	9.00	13.00	125.00	—	—	—	—	—	—
778	6	53.0%	7.28	6.00	10.50	130.00	47.00	51.50	49.18	43.6%	—	5
117	6	52.9%	6.57	5.00	10.00	135.00	—	—	—	—	—	—
0	9	12.5%	14.30	0.00	0.00	140.00	—	—	—	—	—	—
0	1	12.5%	13.50	0.00	0.00	145.00	—	—	—	—	—	—
2	5	53.0%	6.31	3.50	8.00	150.00	65.00	69.50	68.19	43.6%	5	0
0	3	12.5%	14.75	0.00	0.00	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 January 21, 2028 expiration, the VAL put/call ratio based on open interest is 0.51 (1,154 puts vs 2,253 calls), and 1.92 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 January 21, 2028 is about 55.9%, 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.