Trading for PNW July 2026 Options Commences
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2025
0mins
Source: NASDAQ.COM
Put Contract Overview: The $85.00 put contract for PNW has a bid of $2.30, allowing investors to buy shares at a cost basis of $82.70, which is a 5% discount from the current price of $89.38. There is a 64% chance the contract may expire worthless, offering a potential 2.71% return on cash commitment.
Call Contract Overview: The $90.00 call contract has a bid of $4.40, and if shares are purchased at $89.38 and the call is sold, it could yield a total return of 5.62% if the stock is called away by July 2026. There is a 50% chance this contract may also expire worthless, providing a 4.92% additional return.
Volatility Insights: The implied volatility for the put contract is 22%, while for the call contract it is 20%. The actual trailing twelve-month volatility is calculated at 17%, based on the last 250 trading days.
YieldBoost Concept: The article discusses the concept of YieldBoost, which refers to the additional returns investors can earn from options contracts, highlighting the potential benefits of both put and call strategies for PNW stock.
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Analyst Views on PNW
Wall Street analysts forecast PNW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PNW is 94.14 USD with a low forecast of 85.00 USD and a high forecast of 99.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
0 Buy
8 Hold
0 Sell
Hold
Current: 93.680
Low
85.00
Averages
94.14
High
99.00
Current: 93.680
Low
85.00
Averages
94.14
High
99.00
About PNW
Pinnacle West Capital Corporation is an energy holding company that conducts business through its subsidiaries, Arizona Public Service Company (APS), El Dorado Investment Company (El Dorado) and Pinnacle West Power, LLC. The Company's business segment is its regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses (primarily electric service to Native Load customers) and related activities, and includes electricity generation, transmission, and distribution. APS provides electric service to approximately 1.4 million customers. APS is also the operator and co-owner of Palo Verde, a primary source of electricity for the southwest United States and the nuclear power plant in the United States. El Dorado owns debt investments and minority interests in several energy-related investments and Arizona community-based ventures. Palo Verde is a three-unit nuclear power plant located approximately 50 miles west of Phoenix, Arizona.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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