Caterpillar (CAT) Options Chain

NYSE: CATIndustrialsConstruction/Ag Equipment/TrucksUSD

800.47+4.29 (+0.54%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $800.47
Put/call ratio (OI): 1.12
Put/call ratio (volume): 0.66
ATM implied volatility: 38.8%
Expected move: ±$36.39
Open interest (C / P): 17.98K / 20.23K

CAT options summary

The CAT options chain for the October 16, 2026 expiration lists 99 call and 90 put contracts, with 5 days until expiration. Open interest stands at 17,982 calls and 20,225 puts, a put/call ratio of 1.12, which is fairly balanced between calls and puts. At-the-money implied volatility near the $800.00 strike is 38.8%, which implies the market expects a move of about ±$36.39 (4.5%) in Caterpillar stock by expiration.

The most open interest sits at the $1,050.00 call (1.47K contracts) and the $750.00 put (1.40K contracts).

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

CAT options chain · October 16, 2026

CAT 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
—	—	—	—	—	—	470.00	0.00	0.05	0.02	132.8%	1	300
2	—	334.1%	381.64	327.25	343.40	480.00	0.00	1.96	0.01	190.2%	62	151
—	—	—	—	—	—	490.00	0.00	1.78	0.01	180.8%	29	213
2	1	175.9%	311.85	293.50	309.35	500.00	0.00	1.00	0.02	160.8%	1	151
—	—	—	—	—	—	510.00	0.00	4.30	0.02	193.4%	1	58
112	1	156.6%	296.23	274.15	288.25	520.00	0.00	4.30	0.02	186.2%	3	164
2	1	164.9%	286.05	263.85	279.75	530.00	0.00	2.10	0.02	158.8%	8	54
—	—	—	—	—	—	540.00	0.00	0.05	0.04	99.8%	26	59
—	—	—	—	—	—	550.00	0.00	0.53	0.01	121.1%	11	113
—	—	—	—	—	—	560.00	0.00	0.05	0.05	91.4%	1	141
1	—	139.8%	240.35	223.85	239.80	570.00	0.00	0.05	0.14	87.1%	2	330
1	1	133.2%	203.70	213.95	229.65	580.00	0.00	0.05	0.08	82.8%	2	594
1	1	229.4%	254.35	218.15	233.95	590.00	0.00	4.30	0.09	138.8%	19	247
10	1	121.1%	204.88	193.95	209.65	600.00	0.00	0.08	0.04	78.1%	22	422
11	4	213.9%	255.28	199.00	214.25	610.00	0.00	4.30	0.08	126.0%	1	185
1	1	109.3%	199.70	174.00	189.60	620.00	0.00	0.28	0.01	79.5%	10	251
1	1	104.9%	202.27	164.15	179.65	630.00	0.00	0.10	0.08	67.2%	1	249
4	2	98.4%	170.84	154.00	169.70	640.00	0.00	0.22	0.10	68.6%	17	428
30	1	105.9%	172.15	146.55	159.70	650.00	0.00	0.23	0.04	64.7%	29	281
1	1	87.6%	160.84	135.95	147.85	660.00	0.00	0.23	0.24	60.4%	1	365
12	2	90.3%	143.92	126.00	139.50	670.00	0.00	0.10	0.06	51.4%	10	326
8	2	76.3%	114.70	114.30	129.50	680.00	0.05	0.11	0.11	51.7%	34	650
8	1	78.6%	136.15	106.05	119.55	690.00	0.04	0.10	0.10	47.0%	5	209
14	1	54.6%	127.19	96.05	106.00	700.00	0.07	0.60	0.06	50.4%	42	846
14	10	53.4%	137.64	86.30	96.30	710.00	0.08	0.33	0.18	45.7%	93	920
63	4	78.9%	91.22	76.35	86.30	720.00	0.08	0.47	0.26	43.5%	48	644
26	2	61.6%	123.68	69.10	79.10	730.00	0.40	0.67	0.51	41.3%	94	1,046
20	1	70.2%	135.93	62.60	71.80	735.00	0.29	0.96	0.70	41.7%	34	28
29	3	50.0%	63.50	58.10	68.10	740.00	0.75	1.01	0.84	39.5%	150	779
6	1	64.5%	57.09	52.30	62.25	745.00	0.89	1.38	1.36	39.5%	12	68
20	7	62.6%	52.78	49.30	57.80	750.00	1.17	1.63	1.44	38.3%	266	1,402
—	—	—	112.85	—	—	755.00	1.34	2.49	1.74	39.8%	84	140
25	13	59.9%	42.95	40.25	49.40	760.00	2.20	2.71	2.29	37.6%	75	723
1	10	56.8%	43.65	34.85	44.75	765.00	2.41	3.45	2.92	37.3%	26	302
68	34	54.9%	34.80	31.25	40.55	770.00	2.96	4.35	3.70	37.0%	361	1,285
11	5	52.1%	31.50	26.20	36.15	775.00	3.40	5.60	4.95	37.3%	38	233
96	7	48.6%	29.43	24.55	31.55	780.00	5.15	6.95	6.25	37.2%	231	932
4	1	48.1%	25.47	21.80	28.20	785.00	6.45	8.00	7.27	35.6%	303	147
260	2	42.7%	22.00	17.75	23.10	790.00	8.30	10.40	9.52	37.0%	72	406
24	17	43.2%	18.97	16.05	20.50	795.00	8.40	13.10	11.25	38.4%	34	107
16	6	41.4%	15.00	14.25	18.45	797.50	11.10	15.00	12.45	40.2%	17	69
238	47	40.1%	15.85	14.15	16.65	800.00	12.95	15.15	13.90	37.6%	156	829
CAT $800.47
27	95	41.6%	12.27	11.80	14.90	805.00	12.60	19.65	16.27	42.1%	33	171
657	101	38.1%	10.70	10.05	11.40	810.00	16.50	22.30	19.85	41.6%	67	678
26	94	39.7%	11.00	8.90	11.05	812.50	19.50	24.85	20.40	44.1%	17	47
115	241	38.9%	9.10	8.10	9.85	815.00	20.50	24.15	21.83	38.3%	17	75
72	187	39.8%	8.25	4.50	9.35	817.50	20.85	28.10	22.75	44.3%	8	39
795	307	38.4%	7.36	7.00	8.00	820.00	24.05	27.20	25.48	37.5%	34	574
84	187	38.9%	6.90	3.35	7.45	822.50	25.45	30.50	26.43	41.7%	3	33
217	317	38.8%	6.10	4.50	6.75	825.00	27.85	32.30	28.87	41.7%	4	78
—	—	—	5.92	—	—	827.50	—	—	26.75	—	—	—
496	158	37.1%	5.02	4.00	5.00	830.00	30.20	37.30	31.91	45.6%	17	251
339	32	38.7%	3.84	1.70	4.45	835.00	33.25	41.15	44.65	45.8%	6	76
408	97	37.2%	2.77	2.05	3.20	840.00	38.95	43.60	41.70	40.5%	9	293
90	41	38.4%	2.34	1.05	2.79	845.00	40.65	50.55	46.16	50.6%	6	74
633	228	37.2%	1.70	1.50	1.95	850.00	47.50	52.80	52.41	43.4%	5	236
90	58	36.6%	1.42	0.72	1.41	855.00	50.70	58.50	57.12	49.1%	1	31
427	218	37.7%	1.08	1.00	1.22	860.00	56.55	63.50	59.15	52.0%	10	171
68	63	38.4%	0.93	0.56	1.01	865.00	60.35	69.60	69.38	59.3%	1	20
569	48	40.4%	0.74	0.60	0.99	870.00	63.80	71.90	67.70	49.6%	5	188
195	88	44.0%	0.54	0.50	1.16	875.00	69.30	79.30	62.90	63.7%	2	16
458	23	45.7%	0.67	0.07	1.10	880.00	75.40	83.95	82.32	64.8%	1	255
—	—	—	1.35	—	—	885.00	—	—	32.30	—	—	—
352	177	42.9%	0.32	0.14	0.48	890.00	84.70	92.80	96.00	64.4%	4	48
—	—	—	0.47	—	—	895.00	—	—	—	—	—	—
1,456	302	43.4%	0.22	0.20	0.30	900.00	93.75	102.55	104.69	67.8%	1	5
—	—	—	0.54	—	—	905.00	—	—	—	—	—	—
562	18	50.0%	0.17	0.05	0.46	910.00	103.85	113.35	63.90	76.9%	2	10
—	—	—	0.44	—	—	915.00	—	—	—	—	—	—
340	17	51.5%	0.16	0.15	0.36	920.00	112.00	126.10	131.40	95.0%	46	2
633	3	52.8%	0.66	0.00	0.55	930.00	121.50	133.35	137.25	86.1%	7	2
557	4	54.0%	0.13	0.00	0.41	940.00	131.10	144.10	118.18	94.8%	1	0
—	—	—	—	—	—	945.00	—	—	122.46	—	—	—
563	12	56.1%	0.08	0.00	0.36	950.00	142.30	156.15	128.70	109.7%	11	0
93	1	69.1%	0.13	0.05	1.10	960.00	153.60	166.60	168.97	69.0%	2	0
—	—	—	0.14	—	—	965.00	—	—	—	—	—	—
114	3	57.9%	0.19	0.00	0.20	970.00	162.45	176.50	130.00	120.5%	4	0
—	—	—	0.10	—	—	975.00	—	—	—	—	—	—
147	21	64.6%	0.08	0.05	0.30	980.00	172.15	183.30	175.10	107.1%	1	0
73	7	78.3%	0.10	0.00	1.10	990.00	183.95	196.25	181.97	78.7%	6	0
653	11	63.1%	0.12	0.01	0.12	1,000.00	193.65	203.20	148.24	114.3%	15	0
133	35	105.8%	0.27	0.00	4.30	1,010.00	202.60	216.10	195.80	135.7%	2	0
174	30	104.1%	0.01	0.00	3.30	1,020.00	199.65	214.80	205.85	—	2	0
44	72	82.7%	0.06	0.00	0.56	1,030.00	215.40	225.55	170.65	—	8	5
108	12	108.6%	0.17	0.00	2.96	1,040.00	0.00	0.00	183.25	—	2	0
1,468	2	69.1%	0.05	0.00	0.05	1,050.00	243.65	256.10	235.56	90.5%	1	0
50	2	122.8%	0.17	0.00	4.30	1,060.00	0.00	0.00	200.85	—	2	0
844	1	126.0%	0.89	0.00	4.30	1,070.00	262.35	276.60	258.08	162.0%	1	0
57	6	129.2%	0.04	0.00	4.30	1,080.00	258.95	275.20	212.80	—	1	0
278	25	94.2%	0.01	0.00	0.30	1,100.00	0.00	0.00	243.75	—	2	0
53	20	141.6%	0.12	0.00	4.30	1,120.00	311.70	326.50	294.20	179.5%	1	0
105	4	147.5%	0.05	0.00	4.30	1,140.00	320.45	336.55	259.85	—	2	0
192	6	153.3%	0.01	0.00	4.30	1,160.00	339.15	355.15	249.70	—	1	0
46	6	145.8%	0.04	0.00	2.50	1,180.00	—	—	—	—	—	—
103	35	164.4%	0.03	0.00	4.30	1,200.00	—	—	—	—	—	—
71	1	132.9%	0.08	0.00	0.73	1,220.00	400.45	416.60	346.93	—	1	0
41	1	174.9%	0.08	0.00	4.30	1,240.00	—	—	—	—	—	—
38	5	180.1%	0.01	0.00	4.30	1,260.00	—	—	—	—	—	—
126	4	118.0%	0.05	0.00	0.08	1,280.00	—	—	—	—	—	—
220	30	128.9%	0.01	0.00	0.16	1,300.00	482.65	496.05	369.24	—	—	0
119	44	164.4%	0.01	0.00	1.27	1,320.00	—	—	—	—	—	—
238	2	118.8%	0.02	0.00	0.03	1,340.00	—	—	—	—	—	—
257	7	169.1%	0.01	0.00	1.07	1,360.00	—	—	—	—	—	—
113	17	125.0%	0.04	0.00	0.03	1,380.00	—	—	—	—	—	—
195	116	128.1%	0.01	0.00	0.03	1,400.00	—	—	—	—	—	—
458	397	131.3%	0.01	0.00	0.03	1,420.00	—	—	—	—	—	—

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 CAT put/call ratio?

For the October 16, 2026 expiration, the CAT put/call ratio based on open interest is 1.12 (20,225 puts vs 17,982 calls), and 0.66 based on today's volume. A ratio above 1 means more puts than calls.

What is CAT's implied volatility?

At-the-money implied volatility for CAT options expiring October 16, 2026 is about 38.8%, an annualized estimate of how much the market expects Caterpillar stock to move.

How many CAT option expiration dates are there?

CAT 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.