null Option on Hess Midstream Partners
| HESM Stock | USD 34.08 0.22 0.65% |
Hess Midstream's latest option contracts expiring on February 20th 2026 are carrying combined implied volatility of 0.44 with a put-to-call open interest ratio of 0.77 over 49 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on February 20th 2026. The total put volume is at 1.0, with calls trading at the volume of 78.0. This yields a 0.01 put-to-call volume ratio.
Open Interest Against February 20th 2026 Option Contracts
2026-02-20
The chart above shows Hess Midstream'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. Hess Midstream's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Hess Midstream's option, there is no secondary market available for investors to trade.
Hess Midstream Maximum Pain Price Across 2026-02-20 Option Contracts
Max pain occurs when Hess Midstream's market makers reach a net positive position across all Hess Midstream's options at a strike price where option holders stand to lose the most money. By contrast, Hess Midstream's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Hess Midstream
Analyzing Hess Midstream's in-the-money options over time can help investors to take a profitable long position in Hess Midstream regardless of its overall volatility. This is especially true when Hess Midstream's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Hess Midstream's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Hess Midstream's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Hess Midstream lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Hess Midstream'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 Hess Midstream 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 Hess Stock moves the wrong way.
Hess Midstream Partners In The Money Call Balance
When Hess Midstream's strike price is surpassing the current stock price, the option contract against Hess Midstream Partners stock is said to be in the money. When it comes to buying Hess Midstream'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 Hess Midstream Partners 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.
Hess Current Options Market Mood
Hess Midstream'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 Hess 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 Hess Midstream'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. Hess Midstream'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.
Rule 16 of the current Hess contract
Base on the Rule 16, the options market is currently suggesting that Hess Midstream Partners will have an average daily up or down price movement of about 0.0275% per day over the life of the 2026-02-20 option contract. With Hess Midstream trading at USD 34.08, that is roughly USD 0.009372. If you think that the market is fully incorporating Hess Midstream's daily price movement you should consider buying Hess Midstream Partners options at the current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Hess Midstream 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" Hess calls. Remember, the seller must deliver Hess Midstream Partners stock to the call owner when a call is exercised.
Hess Midstream Option Chain
When Hess Midstream's strike price is surpassing the current stock price, the option contract against Hess Midstream Partners 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.
Hess Midstream's option chain is a display of a range of information that helps investors for ways to trade options on Hess. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Hess. It also shows strike prices and maturity days for a Hess Midstream 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. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | HESM260220C00055000 | 0 | 55.0 | 0.0 - 0.8 | 0.8 | |
Call | HESM260220C00050000 | 20 | 50.0 | 0.0 - 0.85 | 0.4 | Out |
Call | HESM260220C00047000 | 3 | 47.0 | 0.0 - 0.85 | 0.8 | Out |
Call | HESM260220C00046000 | 196 | 46.0 | 0.0 - 0.05 | 0.4 | Out |
Call | HESM260220C00045000 | 32 | 45.0 | 0.0 - 0.9 | 0.05 | Out |
Call | HESM260220C00044000 | 65 | 44.0 | 0.0 - 0.55 | 0.05 | Out |
Call | HESM260220C00043000 | 215 | 43.0 | 0.0 - 0.1 | 0.05 | Out |
Call | HESM260220C00042000 | 57 | 42.0 | 0.0 - 0.2 | 0.05 | Out |
Call | HESM260220C00041000 | 40 | 41.0 | 0.0 - 0.25 | 0.14 | Out |
Call | HESM260220C00040000 | 175 | 40.0 | 0.0 - 0.3 | 0.1 | Out |
Call | HESM260220C00039000 | 76 | 39.0 | 0.0 - 0.95 | 0.17 | Out |
Call | HESM260220C00038000 | 121 | 38.0 | 0.0 - 0.35 | 0.13 | Out |
Call | HESM260220C00037000 | 203 | 37.0 | 0.1 - 0.2 | 0.15 | Out |
Call | HESM260220C00036000 | 210 | 36.0 | 0.2 - 0.6 | 0.33 | Out |
Call | HESM260220C00035000 | 110 | 35.0 | 0.5 - 0.7 | 0.6 | Out |
Call | HESM260220C00034000 | 33 | 34.0 | 0.95 - 1.5 | 1.3 | Out |
Call | HESM260220C00033000 | 5 | 33.0 | 0.45 - 3.5 | 2.5 | In |
Call | HESM260220C00032000 | 30 | 32.0 | 2.25 - 3.2 | 2.35 | In |
Call | HESM260220C00031000 | 11 | 31.0 | 3.0 - 4.2 | 4.5 | In |
Call | HESM260220C00030000 | 3 | 30.0 | 3.7 - 4.9 | 4.5 | In |
Call | HESM260220C00029000 | 5 | 29.0 | 4.5 - 5.9 | 4.55 | In |
Call | HESM260220C00028000 | 12 | 28.0 | 5.5 - 7.0 | 4.7 | In |
Call | HESM260220C00025000 | 12 | 25.0 | 7.8 - 10.5 | 8.76 | In |
Put | HESM260220P00020000 | 7 | 20.0 | 0.0 - 0.4 | 0.11 | Out |
Put | HESM260220P00025000 | 31 | 25.0 | 0.0 - 0.95 | 0.29 | Out |
Put | HESM260220P00026000 | 9 | 26.0 | 0.0 - 0.75 | 0.45 | Out |
Put | HESM260220P00027000 | 21 | 27.0 | 0.0 - 0.75 | 0.16 | Out |
Put | HESM260220P00028000 | 20 | 28.0 | 0.0 - 0.75 | 0.52 | Out |
Put | HESM260220P00029000 | 44 | 29.0 | 0.05 - 0.75 | 0.3 | Out |
Put | HESM260220P00030000 | 144 | 30.0 | 0.05 - 0.85 | 0.25 | Out |
Put | HESM260220P00031000 | 128 | 31.0 | 0.05 - 0.7 | 0.5 | Out |
Put | HESM260220P00032000 | 229 | 32.0 | 0.4 - 0.85 | 0.7 | Out |
Put | HESM260220P00033000 | 136 | 33.0 | 0.25 - 1.2 | 1.05 | Out |
Put | HESM260220P00034000 | 182 | 34.0 | 1.35 - 2.0 | 1.0 | Out |
Put | HESM260220P00035000 | 94 | 35.0 | 1.9 - 2.6 | 1.51 | In |
Put | HESM260220P00036000 | 42 | 36.0 | 2.3 - 3.5 | 3.2 | In |
Put | HESM260220P00037000 | 13 | 37.0 | 3.2 - 4.6 | 3.64 | In |
Put | HESM260220P00038000 | 42 | 38.0 | 4.1 - 5.3 | 4.47 | In |
Put | HESM260220P00039000 | 61 | 39.0 | 3.9 - 7.5 | 6.5 | In |
Put | HESM260220P00040000 | 38 | 40.0 | 4.5 - 8.7 | 6.9 | In |
Put | HESM260220P00041000 | 3 | 41.0 | 7.3 - 8.4 | 8.5 | In |
Put | HESM260220P00042000 | 1 | 42.0 | 7.9 - 9.4 | 7.98 | In |
Put | HESM260220P00043000 | 9 | 43.0 | 8.9 - 10.4 | 10.19 | In |
Put | HESM260220P00044000 | 0 | 44.0 | 8.6 - 12.7 | 8.6 | In |
Put | HESM260220P00045000 | 0 | 45.0 | 10.2 - 13.6 | 10.2 | In |
Put | HESM260220P00046000 | 0 | 46.0 | 10.6 - 14.6 | 10.6 | In |
Put | HESM260220P00047000 | 0 | 47.0 | 11.6 - 15.6 | 11.6 | In |
Put | HESM260220P00050000 | 0 | 50.0 | 14.5 - 18.5 | 14.5 | In |
Put | HESM260220P00055000 | 1 | 55.0 | 19.4 - 23.5 | 17.4 | In |
Hess Total Stockholder Equity
Total Stockholder Equity |
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Hess Midstream Corporate Management
| Michael Frailey | VP LLC | Profile | |
| Gabriela Boersner | General Secretary | Profile | |
| Timothy JD | General LLC | Profile | |
| Gabriela Noguera | General Secretary | Profile | |
| Jennifer Gordon | IR Contact Officer | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Oil & Gas Storage & Transportation space 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 Hess Midstream. If investors know Hess 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 Hess Midstream 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 0.19 | Dividend Share 2.903 | Earnings Share 2.81 | Revenue Per Share | Quarterly Revenue Growth 0.112 |
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream'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 Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream'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 Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream'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.