Baxter International (BAX) Options Chain

NYSE: BAXHealth CareMedical/Dental InstrumentsUSD

24.35+0.45 (+1.88%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $24.35
Put/call ratio (OI): 0.42
Put/call ratio (volume): 1.05
ATM implied volatility: 52.9%
Expected move: ±$14.58
Open interest (C / P): 11.67K / 4.88K

BAX options summary

The BAX options chain for the January 21, 2028 expiration lists 16 call and 14 put contracts, with 468 days until expiration. Open interest stands at 11,669 calls and 4,877 puts, a put/call ratio of 0.42, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $25.00 strike is 52.9%, which implies the market expects a move of about ±$14.58 (59.9%) in Baxter International stock by expiration.

The most open interest sits at the $20.00 call (4.39K contracts) and the $15.00 put (1.10K contracts).

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

BAX options chain · January 21, 2028

BAX 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
6	3	386.7%	19.45	21.80	26.50	2.50	—	—	—	—	—	—
1	1	166.5%	23.70	18.80	23.50	5.00	0.00	1.50	0.22	118.7%	2	3
6	1	133.0%	16.10	16.50	21.50	7.50	0.00	0.75	0.38	73.4%	1	32
80	1	66.3%	14.18	13.00	17.00	10.00	0.10	1.05	0.30	64.0%	1	54
149	6	59.1%	12.78	10.50	15.10	12.50	0.40	0.90	0.65	52.1%	3	956
1,258	1	75.1%	11.00	8.70	12.10	15.00	0.70	2.20	0.84	55.0%	10	1,100
924	25	52.1%	8.00	6.50	11.50	17.50	1.20	1.50	1.56	43.5%	1	366
4,386	3	58.2%	7.02	7.20	9.10	20.00	1.85	2.45	2.12	43.2%	184	848
652	1	73.2%	5.75	3.50	8.50	22.50	2.90	3.50	3.80	41.6%	2	997
BAX $24.35
1,302	2	67.2%	4.53	2.95	7.00	25.00	3.90	4.60	4.64	38.6%	18	374
317	40	49.6%	3.90	3.80	4.30	27.50	0.00	0.00	5.90	—	50	0
1,109	129	48.8%	3.30	2.05	3.50	30.00	6.60	7.50	6.90	33.4%	6	147
301	50	48.2%	3.18	2.30	2.85	32.50	0.00	0.00	8.74	—	2	0
840	4	48.5%	1.95	1.80	2.40	35.00	0.00	0.00	15.50	—	3	0
210	1	47.9%	1.65	0.10	1.95	37.50	0.00	0.00	20.84	—	—	0
128	1	50.9%	1.32	0.00	1.90	40.00	—	—	—	—	—	—

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 BAX put/call ratio?

For the January 21, 2028 expiration, the BAX put/call ratio based on open interest is 0.42 (4,877 puts vs 11,669 calls), and 1.05 based on today's volume. A ratio above 1 means more puts than calls.

What is BAX's implied volatility?

At-the-money implied volatility for BAX options expiring January 21, 2028 is about 52.9%, an annualized estimate of how much the market expects Baxter International stock to move.

How many BAX option expiration dates are there?

BAX has 15 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.