CarGurus (CARG) Options Chain

NASDAQ: CARGTechnologyEDP ServicesUSD

28.51-0.73 (-2.50%)

Market open · Delayed 15 min · as of Oct 9, 2:55 PM ET

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $28.51
Put/call ratio (OI): 10.25
Put/call ratio (volume): 1.46
ATM implied volatility: 59.2%
Expected move: ±$2.34
Open interest (C / P): 106 / 1.09K

CARG options summary

The CARG options chain for the October 16, 2026 expiration lists 14 call and 11 put contracts, with 7 days until expiration. Open interest stands at 106 calls and 1,087 puts, a put/call ratio of 10.25, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $29.00 strike is 59.2%, which implies the market expects a move of about ±$2.34 (8.2%) in CarGurus stock by expiration.

The most open interest sits at the $36.00 call (23 contracts) and the $30.00 put (927 contracts).

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

CARG options chain · October 16, 2026

CARG 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
1	—	117.4%	5.50	2.40	4.40	26.00	0.00	0.75	0.05	77.7%	—	1
—	—	—	—	—	—	27.00	0.00	0.50	0.29	66.7%	10	111
—	—	—	—	—	—	28.00	0.25	0.75	0.45	59.0%	10	21
CARG $28.51
2	2	60.5%	1.25	0.25	0.80	29.00	0.75	1.25	0.44	58.0%	10	11
2	1	52.5%	4.60	0.10	0.60	30.00	1.00	1.95	2.20	60.2%	2	927
1	—	70.8%	0.91	0.00	0.75	31.00	1.30	2.70	1.62	56.8%	1	1
13	7	85.5%	0.50	0.00	0.75	32.00	2.05	3.70	2.20	70.1%	4	13
15	1	99.0%	0.05	0.00	0.75	33.00	2.90	4.70	2.70	82.4%	1	0
4	—	98.4%	1.00	0.00	0.50	34.00	3.90	5.70	5.20	93.8%	1	2
3	2	123.0%	0.60	0.00	0.75	35.00	4.90	6.60	4.37	89.5%	1	0
23	11	134.2%	0.50	0.00	0.75	36.00	—	—	—	—	—	—
13	2	144.5%	0.27	0.00	0.75	37.00	—	—	—	—	—	—
1	—	154.7%	0.20	0.00	0.75	38.00	—	—	—	—	—	—
5	2	164.1%	0.10	0.00	0.75	39.00	—	—	—	—	—	—
1	—	173.2%	0.22	0.00	0.75	40.00	—	—	—	—	—	—
—	—	—	—	—	—	42.00	11.90	13.80	10.60	181.6%	1	0
22	—	206.3%	0.27	0.00	0.75	44.00	—	—	—	—	—	—

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 CARG put/call ratio?

For the October 16, 2026 expiration, the CARG put/call ratio based on open interest is 10.25 (1,087 puts vs 106 calls), and 1.46 based on today's volume. A ratio above 1 means more puts than calls.

What is CARG's implied volatility?

At-the-money implied volatility for CARG options expiring October 16, 2026 is about 59.2%, an annualized estimate of how much the market expects CarGurus stock to move.

How many CARG option expiration dates are there?

CARG has 4 listed expiration dates, from Oct 16, 2026 to May 21, 2027.

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.