Applied Materials (AMAT) Options Chain

NASDAQ: AMATTechnologySemiconductorsUSD

507.03-2.54 (-0.50%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $507.03
Put/call ratio (OI): 1.20
Put/call ratio (volume): 2.01
ATM implied volatility: 54.9%
Expected move: ±$315.05
Open interest (C / P): 12.74K / 15.30K

AMAT options summary

The AMAT options chain for the January 21, 2028 expiration lists 84 call and 84 put contracts, with 468 days until expiration. Open interest stands at 12,737 calls and 15,296 puts, a put/call ratio of 1.20, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $500.00 strike is 54.9%, which implies the market expects a move of about ±$315.05 (62.1%) in Applied Materials stock by expiration.

The most open interest sits at the $370.00 call (1.29K contracts) and the $400.00 put (1.50K contracts).

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

AMAT options chain · January 21, 2028

AMAT 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
65	1	—	451.00	356.00	365.00	100.00	1.27	1.94	1.35	72.8%	3	844
62	2	88.3%	376.10	403.50	411.00	105.00	0.26	5.90	1.73	79.2%	2	29
22	1	88.3%	433.00	399.00	407.00	110.00	0.18	3.50	1.65	70.1%	50	141
0	1	—	385.90	0.00	0.00	115.00	0.35	3.05	1.80	67.2%	1	58
25	2	—	626.10	369.00	376.00	120.00	1.10	3.80	1.95	69.6%	2	141
12	1	—	474.00	365.00	372.00	125.00	2.16	6.25	2.20	75.2%	3	24
12	2	—	385.38	330.00	339.00	130.00	0.01	5.25	2.80	66.7%	2	145
16	1	—	422.00	325.00	334.00	135.00	1.73	4.10	2.45	66.2%	2	41
17	1	—	405.00	321.00	330.00	140.00	0.95	5.20	4.61	65.1%	1	21
5	2	221.8%	428.00	450.00	459.00	145.00	1.77	3.80	4.23	62.3%	2	433
16	1	80.6%	324.00	363.00	371.00	150.00	1.45	4.50	3.20	61.4%	2	404
35	1	210.9%	428.50	442.00	451.00	155.00	2.25	4.40	4.55	61.2%	4	139
0	1	—	362.75	0.00	0.00	160.00	3.10	4.55	4.65	61.4%	3	129
24	1	—	312.85	299.00	308.85	165.00	3.05	4.90	4.05	60.3%	2	29
0	1	—	349.80	0.00	0.00	170.00	3.00	5.00	6.41	58.9%	1	210
63	2	76.6%	367.95	341.00	349.00	175.00	4.60	7.55	4.74	63.0%	2	159
0	1	—	326.90	0.00	0.00	180.00	3.60	6.10	5.00	58.4%	3	882
43	5	75.5%	257.55	332.00	341.00	185.00	3.90	7.05	5.58	58.5%	2	62
28	2	75.2%	364.88	328.95	336.00	190.00	5.30	7.30	6.04	59.0%	2	102
39	2	—	347.00	275.00	283.00	195.00	4.70	7.85	6.16	57.6%	1	165
55	2	73.3%	302.50	319.05	328.00	200.00	6.65	8.45	7.10	58.8%	8	756
43	1	73.2%	247.59	311.90	320.00	210.00	6.65	9.60	6.15	57.1%	1	211
133	3	71.2%	309.00	303.00	311.00	220.00	7.00	10.90	8.90	55.9%	5	81
57	1	69.8%	233.36	295.00	302.00	230.00	8.15	12.35	11.88	55.3%	1	158
97	1	69.4%	250.80	287.00	295.00	240.00	10.75	13.35	11.12	55.3%	2	201
112	2	69.0%	287.10	279.00	288.00	250.00	11.00	15.65	15.95	54.4%	4	161
101	1	68.6%	285.00	272.45	280.00	260.00	12.45	18.60	17.00	54.5%	1	187
89	3	67.5%	280.91	264.55	272.00	270.00	14.05	19.70	15.37	53.5%	1	310
65	4	66.0%	293.00	256.25	263.60	280.00	15.95	21.95	25.00	53.2%	4	422
61	1	66.5%	254.55	249.95	258.00	290.00	18.30	24.30	21.90	53.0%	4	391
106	1	65.6%	269.77	242.00	251.00	300.00	21.25	26.00	23.70	52.7%	3	172
41	1	65.5%	270.39	236.20	244.00	310.00	23.00	29.15	24.42	52.3%	8	363
159	1	64.5%	264.79	228.25	237.00	320.00	25.00	32.10	27.63	51.8%	2	311
114	1	64.7%	257.98	222.95	231.00	330.00	28.15	34.55	30.18	51.5%	2	482
172	2	63.7%	189.35	215.40	224.00	340.00	33.10	37.75	34.97	52.0%	4	382
193	15	63.7%	213.80	210.15	218.00	350.00	34.00	40.35	35.54	50.8%	1	371
96	4	63.4%	208.28	204.00	212.00	360.00	38.70	43.80	41.30	51.0%	1	422
1,286	2	63.0%	231.50	197.90	206.00	370.00	42.25	48.00	43.52	51.0%	5	282
100	1	62.8%	215.85	192.90	200.00	380.00	45.65	54.00	45.60	51.4%	8	371
54	5	62.6%	211.68	186.75	195.00	390.00	52.15	53.15	52.72	50.5%	2	139
219	8	62.3%	209.30	181.60	189.00	400.00	53.95	59.00	55.87	50.2%	26	1,497
263	2	61.8%	181.40	175.00	184.00	410.00	60.30	63.50	55.95	50.7%	4	570
100	3	61.9%	178.65	171.00	179.00	420.00	64.70	68.20	62.20	50.6%	2	122
131	1	61.7%	144.68	166.05	174.00	430.00	69.45	70.50	64.35	50.1%	2	59
218	2	61.2%	179.87	160.00	169.00	440.00	74.00	77.50	68.60	50.2%	22	80
388	3	61.6%	164.90	157.00	164.90	450.00	78.45	81.45	79.00	50.5%	1	366
51	1	61.2%	184.40	151.95	160.00	460.00	83.90	87.00	77.80	50.5%	33	334
120	1	61.0%	160.00	147.00	156.00	470.00	89.10	90.35	87.15	49.5%	14	96
127	1	60.8%	156.45	142.00	152.00	480.00	92.50	98.00	93.65	50.4%	11	287
274	1	60.8%	170.60	139.00	147.00	490.00	99.20	103.50	93.15	50.3%	1	49
512	2	60.7%	139.25	135.30	143.00	500.00	105.65	106.70	103.30	49.0%	1	145
AMAT $507.03
378	1	60.9%	141.00	128.50	136.00	520.00	117.15	120.15	117.55	49.6%	2	81
225	5	60.5%	122.95	120.00	129.00	540.00	129.30	132.40	120.00	49.3%	28	177
807	3	60.2%	117.80	113.00	122.00	560.00	139.65	145.20	132.40	49.1%	26	138
171	4	60.2%	117.80	107.75	115.20	580.00	155.05	158.00	142.30	48.7%	6	35
487	13	59.9%	105.50	101.55	108.25	600.00	168.50	174.00	163.50	49.5%	19	338
47	1	60.2%	125.00	99.20	106.55	610.00	174.50	179.00	165.30	48.5%	1	111
87	3	60.0%	118.70	95.75	104.00	620.00	179.80	187.20	236.00	48.9%	1	23
180	9	60.4%	109.30	95.00	101.00	630.00	187.35	194.25	204.52	48.7%	1	35
472	2	60.0%	95.00	90.75	98.80	640.00	194.00	200.00	190.60	47.9%	30	31
131	1	60.1%	86.05	86.50	93.55	660.00	208.00	214.90	207.00	47.7%	1	42
128	2	60.6%	84.20	84.15	89.25	680.00	223.00	230.00	258.27	47.5%	22	27
400	26	59.8%	80.46	76.75	84.30	700.00	277.00	285.00	283.28	63.1%	1	7
119	2	60.3%	78.85	74.20	81.00	720.00	254.00	260.95	244.76	46.9%	2	15
85	2	60.1%	83.55	69.45	77.30	740.00	270.00	280.00	257.82	48.0%	2	33
132	1	60.1%	77.45	65.85	73.75	760.00	287.00	296.00	281.51	47.6%	1	24
111	10	60.6%	71.00	64.85	70.45	780.00	334.00	342.00	348.13	59.5%	2	104
543	5	60.7%	67.70	62.15	66.95	800.00	320.00	329.00	354.13	47.0%	24	36
69	1	60.8%	73.50	58.95	64.35	820.00	0.00	0.00	368.60	—	1	0
43	3	60.3%	72.85	53.75	61.65	840.00	385.00	393.00	383.37	59.5%	3	5
81	3	59.9%	69.70	50.65	57.70	860.00	401.50	410.00	378.50	59.3%	2	4
49	1	60.4%	61.30	48.75	56.60	880.00	390.00	399.00	383.27	46.4%	1	12
137	1	60.9%	53.98	50.15	54.70	890.00	398.95	408.00	382.07	46.4%	2	4
80	2	60.5%	54.50	46.70	54.25	900.00	407.00	417.00	401.26	46.3%	1	4
19	6	60.4%	29.30	45.90	52.25	910.00	416.00	425.00	453.30	45.6%	22	28
36	2	60.3%	39.40	43.35	52.00	920.00	453.75	463.00	437.65	59.2%	2	4
64	2	60.3%	43.30	42.40	50.85	930.00	463.05	472.00	458.75	59.3%	2	22
161	1	60.8%	48.10	43.10	49.65	940.00	488.00	498.00	518.40	67.5%	6	4
29	2	60.5%	52.01	41.10	48.45	950.00	497.00	507.00	527.90	67.6%	—	3
137	6	60.5%	38.08	39.70	47.90	960.00	507.00	516.00	535.80	67.9%	—	3
62	12	61.4%	23.80	42.00	46.85	970.00	0.00	0.00	497.01	—	2	0
377	2	60.5%	43.66	37.75	45.80	980.00	508.00	517.00	483.88	59.4%	7	6
506	2	60.3%	39.90	37.50	41.70	1,000.00	528.00	535.00	505.65	59.8%	1	1
363	3	60.8%	41.80	37.70	39.60	1,020.00	518.00	527.00	510.80	45.1%	1	3

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 AMAT put/call ratio?

For the January 21, 2028 expiration, the AMAT put/call ratio based on open interest is 1.20 (15,296 puts vs 12,737 calls), and 2.01 based on today's volume. A ratio above 1 means more puts than calls.

What is AMAT's implied volatility?

At-the-money implied volatility for AMAT options expiring January 21, 2028 is about 54.9%, an annualized estimate of how much the market expects Applied Materials stock to move.

How many AMAT option expiration dates are there?

AMAT has 17 listed expiration dates, from Oct 16, 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.