Western Midstream Partners LP
Western Midstream Partners LP (WES) Option Chain
As of September 21, 2026, Western Midstream Partners LP is trading at $46.06, a -1.12% change from the previous close. The nearest expiration is Oct 16, 2026. Implied volatility is 23.7%. IV Rank is 61%.
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Tracking the WES option chain helps you see every strike and expiry on Western Midstream Partners LP in one view, so you can quickly identify the contracts that fit your thesis and your risk. Western Midstream Partners LP's option chain lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of WES options activity at a glance. Use our scanner to monitor the WES option chain in real time and filter for the WES options trades that actually meet your criteria.
An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For WES stock options, the chain shows side-by-side call and put data, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading the WES option chain effectively means looking beyond the last price — implied volatility by strike, volume-to-open-interest ratios, and bid-ask spreads all tell you where WES stock options are being actively traded and where they are not.
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company.
The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Credit spreads, long calls, iron condors, calendar trades — every strategy starts with the same raw material: a clean, complete option chain. Our scanner pulls Western Midstream Partners LP's full chain across every expiry, highlights the most liquid strikes, and lets you screen WES options by the metrics that matter, from IV skew to volume surges. Stop scrolling through endless rows of WES stock options — let the full option chain come to you, pre-filtered and ready to trade.
Stock Statistics
- IndustryOil & Gas Midstream
- SectorEnergy
- IV percentile64.29% Neutral
- Market cap (M$)19,031
- 52 weeks high-8.01%
- 52 weeks low24.82%
- Analyst recommendationHold
2.59 - Target price$49.69
7.88% above the current stock price - Dividend—
- Payout ratio121.12%
- Earnings date2026-11-03
- P/E14.51
- Future P/E11.38
- EPS (ttm)3.18
- EPS growth next 5 years13.88%
As of September 21, 2026
| CALLs | PUTs | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prob. OTM % | Open Interest | Volume | Extrinsic Value | Intrinsic Value | Bid | Ask | Strike | Moneyness % | Bid | Ask | Intrinsic Value | Extrinsic Value | Volume | Open Interest | Prob. OTM % |
| 10.91 | 0 | 0 | 1.51 | 2.06 | 2.95 | 4.20 | 44.00 | -6.96 | 0.10 | 0.25 | 0.00 | 0.18 | 0 | 1,016 | 89.09 |
| 19.66 | 3 | 1 | 1.69 | 1.06 | 2.40 | 3.10 | 45.00 | -4.84 | 0.25 | 0.45 | 0.00 | 0.35 | 21 | 163 | 80.34 |
| 31.40 | 6 | 3 | 1.94 | 0.06 | 1.65 | 2.35 | 46.00 | -2.73 | 0.50 | 0.70 | 0.00 | 0.60 | 7 | 58 | 68.60 |
| 45.10 | 43 | 12 | 1.30 | 0.00 | 1.15 | 1.45 | 47.00 | -0.61 | 0.80 | 1.05 | 0.94 | -0.01 | 27 | 137 | 54.90 |
| 59.11 | 74 | 10 | 0.85 | 0.00 | 0.70 | 1.00 | 48.00 | +1.50 | 1.30 | 1.70 | 1.94 | -0.44 | 32 | 75 | 40.89 |
As of September 21, 2026
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