PTEN Unusual Option Activity
Patterson-UTI Energy Inc (PTEN) option volume on Nov 4, 2026 was 0.8% of open interest, below the 20-day average of 0.9%. Calls made up 86.7% of the volume.
PTEN Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is PTEN seeing unusual options activity?
On Nov 4, 2026, Patterson-UTI Energy options traded 1.64K contracts against 207.61K open, a volume to open interest ratio of 0.01, below its 20-day average. The table above lists the contracts with the highest ratios.
Are PTEN traders trading more calls or puts?
Calls made up 86.7% of Patterson-UTI Energy option volume on Nov 4, 2026, a put/call ratio of 0.15, so calls outnumber puts. The PTEN option volume chart shows calls and puts by strike.
What is Patterson-UTI Energy Inc?
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions.