Apple (AAPL) Options Chain

NASDAQ: AAPLTechnologyComputer ManufacturingUSD

336.64-3.78 (-1.11%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

After hours: 336.20 -0.13%

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 469
Share price: $336.64
Put/call ratio (OI): 0.74
Put/call ratio (volume): 0.68
ATM implied volatility: 27.6%
Expected move: ±$105.45
Open interest (C / P): 127.44K / 93.85K

AAPL options summary

The AAPL options chain for the January 21, 2028 expiration lists 74 call and 65 put contracts, with 469 days until expiration. Open interest stands at 127,437 calls and 93,849 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $340.00 strike is 27.6%, which implies the market expects a move of about ±$105.45 (31.3%) in Apple stock by expiration.

The most open interest sits at the $300.00 call (21.65K contracts) and the $250.00 put (11.17K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

AAPL options chain · January 21, 2028

AAPL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
58	2	131.3%	325.76	329.85	333.50	5.00	0.00	0.34	0.01	158.2%	9	274
0	50	—	303.35	0.00	0.00	10.00	0.00	0.05	0.03	104.3%	12	34
0	1	—	245.12	0.00	0.00	15.00	0.00	0.00	0.03	50.0%	80	0
8	2	—	308.20	289.40	293.30	20.00	0.00	0.16	0.05	92.0%	10	316
10	2	116.7%	315.35	310.70	314.50	25.00	0.00	1.21	0.07	108.4%	330	580
12	10	—	229.09	269.00	274.00	30.00	0.00	0.34	0.02	84.9%	3	397
0	3	—	241.75	0.00	0.00	35.00	0.00	0.44	0.05	81.6%	4	75
15	2	—	252.20	261.80	265.75	40.00	0.00	0.27	0.01	72.6%	1	86
4	2	103.1%	293.95	291.95	295.75	45.00	0.00	0.00	0.10	25.0%	1	0
129	10	99.8%	289.00	287.25	291.00	50.00	0.04	0.11	0.06	60.9%	12	2,628
0	3	—	249.74	0.00	0.00	60.00	0.00	0.19	0.08	56.5%	1	94
361	282	89.2%	268.46	268.50	272.15	70.00	0.01	0.22	0.15	52.5%	1	71
335	30	84.8%	258.83	259.15	262.80	80.00	0.10	0.26	0.18	50.6%	1	44
259	202	80.8%	249.53	249.80	253.45	90.00	0.10	0.25	0.20	48.4%	1	119
1,107	2	77.6%	240.03	240.75	244.15	100.00	0.20	0.38	0.24	47.1%	190	1,736
316	92	74.0%	231.19	231.45	234.80	110.00	0.22	0.38	0.33	43.6%	1	440
116	5	72.4%	228.14	226.80	230.15	115.00	0.11	0.57	0.50	44.4%	1	12
332	594	70.8%	219.32	222.20	225.50	120.00	0.15	0.48	0.40	41.7%	44	1,527
223	2	68.8%	215.22	217.20	220.90	125.00	0.20	0.70	0.54	42.4%	1	308
370	294	67.7%	214.23	212.90	216.25	130.00	0.28	0.58	0.47	39.7%	1	251
234	6	66.3%	209.50	208.30	211.65	135.00	0.46	0.86	0.56	40.6%	2	2,880
133	2	64.5%	204.99	203.35	207.00	140.00	0.42	0.94	0.68	39.7%	1	1,571
128	20	63.4%	197.20	199.05	202.40	145.00	0.70	1.04	0.79	38.9%	1	495
503	45	62.0%	193.22	194.45	197.75	150.00	0.84	0.94	0.92	36.9%	2	1,730
136	4	60.4%	191.05	189.55	193.20	155.00	0.75	1.07	1.08	36.3%	10	512
1,254	10	59.5%	184.11	185.30	188.65	160.00	0.98	1.39	1.10	36.6%	1	1,028
806	22	58.2%	182.62	180.70	184.05	165.00	1.05	1.55	1.23	36.0%	2	461
221	10	57.0%	175.22	176.20	179.45	170.00	1.28	1.58	1.47	34.8%	20	1,299
109	1	55.9%	175.35	171.65	175.00	175.00	1.45	1.70	1.60	34.0%	31	572
499	1	54.7%	165.00	167.15	170.45	180.00	1.69	2.04	1.82	33.9%	1	2,016
423	5	53.6%	161.71	162.65	166.00	185.00	1.94	2.26	2.02	33.4%	11	904
179	10	52.6%	157.27	158.20	161.55	190.00	2.16	2.50	2.40	32.8%	27	1,219
350	20	51.5%	157.03	153.75	157.05	195.00	2.22	2.63	2.44	31.9%	286	1,420
1,079	14	50.9%	148.51	149.85	152.70	200.00	2.48	3.05	2.73	31.7%	70	3,224
258	71	50.4%	140.66	141.05	143.75	210.00	3.45	3.80	3.45	30.9%	121	2,777
837	7	48.5%	131.57	132.60	135.15	220.00	4.10	4.35	4.35	29.5%	175	5,753
3,221	2	46.9%	125.30	123.80	126.80	230.00	5.05	5.70	5.25	29.2%	7	4,349
2,978	50	44.0%	112.80	116.30	117.40	240.00	6.20	6.50	6.45	27.9%	105	4,514
1,890	17	42.7%	107.31	108.20	109.50	250.00	7.70	7.95	7.75	27.2%	32	11,167
2,237	2	42.1%	100.10	100.35	102.55	260.00	9.20	9.60	9.50	26.6%	8	3,504
3,782	51	40.6%	92.77	92.00	94.70	270.00	11.20	11.55	11.25	25.9%	24	2,016
2,351	5	39.4%	87.32	84.90	87.35	280.00	13.05	13.75	13.41	25.3%	220	5,346
5,451	24	37.6%	80.50	78.70	79.45	290.00	15.90	16.35	16.60	24.7%	66	4,944
21,646	328	37.2%	72.54	72.00	73.45	300.00	18.85	19.30	19.05	24.1%	187	3,164
2,415	10	36.5%	66.00	65.20	67.35	310.00	22.00	22.60	23.50	23.5%	2	4,968
4,067	10	35.0%	60.87	59.65	60.40	320.00	25.65	26.30	26.55	22.9%	3	1,864
3,874	76	34.9%	55.78	53.80	55.65	330.00	29.35	30.40	30.43	22.4%	3	6,519
AAPL $336.64
3,852	25	33.5%	48.80	48.00	49.40	340.00	33.75	34.90	34.43	21.7%	8	1,242
11,080	69	32.9%	44.35	43.65	44.40	350.00	39.05	39.95	39.28	21.2%	1	1,040
3,313	28	32.4%	40.00	39.15	39.90	360.00	44.35	45.85	44.20	20.9%	1	429
1,314	40	31.8%	35.49	34.90	35.65	370.00	50.30	51.20	51.65	19.9%	10	477
5,136	6	31.6%	30.22	31.10	32.20	380.00	55.95	57.60	58.77	19.4%	3	572
1,587	9	30.9%	28.13	27.70	28.25	390.00	63.15	64.65	66.00	18.9%	13	342
4,800	282	30.5%	24.50	24.50	25.05	400.00	70.30	71.60	68.40	18.0%	11	394
1,070	3	30.2%	22.13	21.30	22.15	410.00	77.80	79.30	80.56	17.3%	8	46
3,745	1	30.1%	18.15	18.95	19.85	420.00	85.85	87.75	84.65	16.9%	8	15
741	11	29.7%	17.30	16.65	17.40	430.00	94.00	96.25	91.10	16.2%	2	15
1,321	2	29.6%	14.40	14.30	15.55	440.00	103.05	105.55	108.18	16.1%	4	63
7,934	34	29.4%	13.40	12.60	13.70	450.00	112.20	114.95	110.00	16.0%	2	1
1,052	29	29.0%	12.80	11.15	11.80	460.00	122.05	125.05	120.97	17.1%	12	0
1,372	7	29.0%	10.75	9.60	10.55	470.00	157.65	161.55	139.60	43.2%	—	0
393	3	28.6%	9.05	8.55	8.95	480.00	—	—	—	—	—	—
334	1	28.8%	7.25	7.50	8.15	490.00	—	—	—	—	—	—
5,456	64	28.4%	6.75	6.70	6.95	500.00	161.80	164.60	167.23	19.4%	4	0
1,263	1	28.3%	5.60	5.75	6.10	510.00	—	—	—	—	—	—
561	2	28.2%	5.25	4.85	5.35	520.00	—	—	—	—	—	—
2,810	16	28.2%	4.55	4.30	4.70	530.00	265.00	270.00	253.67	81.5%	10	0
176	1	28.2%	4.40	3.60	4.20	540.00	—	—	—	—	—	—
513	1	28.0%	3.16	3.25	3.60	550.00	—	—	—	—	—	—
99	120	28.1%	3.00	2.78	3.20	560.00	—	—	—	—	—	—
126	2	28.6%	2.55	2.37	3.10	570.00	—	—	—	—	—	—
25	1	28.3%	2.36	2.06	2.61	580.00	—	—	—	—	—	—
347	5	28.6%	2.01	1.75	2.43	590.00	268.35	271.40	250.37	47.5%	1	5
2,301	69	27.8%	1.80	1.75	1.85	600.00	278.40	281.40	264.41	48.4%	—	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the AAPL put/call ratio?

For the January 21, 2028 expiration, the AAPL put/call ratio based on open interest is 0.74 (93,849 puts vs 127,437 calls), and 0.68 based on today's volume. A ratio above 1 means more puts than calls.

What is AAPL's implied volatility?

At-the-money implied volatility for AAPL options expiring January 21, 2028 is about 27.6%, an annualized estimate of how much the market expects Apple stock to move.

How many AAPL option expiration dates are there?

AAPL has 22 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.