1.43K calls and 218 puts traded on Nov 4, 2026, 1.64K contracts in total. Open interest was 207.61K contracts. Over the past 30 days, volume averaged 1.71K contracts per day. The PTEN option volume chart shows volume by strike and expiration date.

Patterson-UTI Energy IV rank is 13, so its 30-day implied volatility of 57.2% is near the bottom of its one-year range. Over the past year it ranged from 37.1% on Dec 26, 2025 to 195.1% on Jul 17, 2026. See the PTEN implied volatility history for a longer view.

The Patterson-UTI Energy put/call volume ratio was 0.15 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.23. The PTEN open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Patterson-UTI Energy options about one week from expiration was $11.01, 3.5% above the $10.64 close. The PTEN max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 58.9%, options price a move of about ±$0.87 (±8.1%) over the next week, a range of roughly $9.77 to $11.51 from the Nov 4, 2026 close. The PTEN expected move chart shows it for every expiration date.