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: Jun 17, 2027
Days to expiration: 250
Share price: $800.47
Put/call ratio (OI): 1.26
Put/call ratio (volume): 1.71
ATM implied volatility: 40.2%
Expected move: ±$266.02
Open interest (C / P): 8.44K / 10.64K

CAT options summary

The CAT options chain for the June 17, 2027 expiration lists 101 call and 87 put contracts, with 250 days until expiration. Open interest stands at 8,444 calls and 10,637 puts, a put/call ratio of 1.26, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $800.00 strike is 40.2%, which implies the market expects a move of about ±$266.02 (33.2%) in Caterpillar stock by expiration.

The most open interest sits at the $920.00 call (644 contracts) and the $700.00 put (1.94K contracts).

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

CAT options chain · June 17, 2027

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
7	3	99.7%	706.40	644.55	660.60	150.00	0.00	2.00	0.10	89.5%	1	137
4	4	—	528.63	538.50	543.50	155.00	0.00	5.00	0.82	100.5%	25	33
5	2	368.7%	633.25	750.00	768.00	160.00	0.00	5.00	0.93	98.6%	1	5
2	1	—	189.50	202.00	205.80	165.00	0.00	5.30	1.48	97.7%	1	14
1	1	—	458.35	606.50	611.00	170.00	0.00	0.00	0.30	25.0%	2	0
5	1	—	453.73	601.50	606.50	175.00	0.00	0.00	0.51	25.0%	10	0
6	1	—	402.72	490.00	495.00	180.00	0.00	0.00	0.58	25.0%	10	0
5	5	99.7%	504.75	602.00	620.00	185.00	0.00	0.00	0.43	25.0%	8	0
4	2	92.2%	614.00	605.75	621.70	190.00	0.00	0.00	0.40	25.0%	1	0
9	1	91.5%	657.13	600.80	617.00	195.00	0.00	4.35	0.22	84.8%	8	32
25	1	91.0%	591.44	596.10	612.20	200.00	0.00	0.60	0.26	64.4%	24	283
19	—	284.3%	556.88	702.00	720.00	210.00	0.00	0.00	0.59	25.0%	16	0
0	1	—	479.10	0.00	0.00	220.00	0.00	0.00	0.69	25.0%	4	0
0	1	—	535.00	0.00	0.00	230.00	0.00	4.45	0.74	75.6%	1	10
2	1	—	352.50	349.00	354.00	240.00	0.07	4.45	2.45	73.3%	2	28
21	1	83.4%	571.11	548.30	563.85	250.00	0.00	1.42	0.45	60.1%	1	28
9	2	213.3%	705.23	634.85	653.60	260.00	0.00	0.00	1.26	25.0%	10	0
7	3	—	373.89	492.50	497.50	270.00	0.00	0.00	1.29	25.0%	8	0
0	1	—	500.50	0.00	0.00	280.00	0.00	4.65	0.69	64.7%	2	18
28	7	75.7%	521.56	511.25	522.60	290.00	0.00	0.00	1.20	25.0%	6	0
16	3	75.3%	530.00	499.90	515.60	300.00	0.07	1.61	0.67	52.3%	1	67
0	1	—	607.50	0.00	0.00	310.00	0.00	0.00	1.30	25.0%	4	0
0	2	—	565.00	0.00	0.00	320.00	0.00	1.56	0.92	53.6%	6	14
19	1	195.0%	477.40	590.00	608.00	330.00	0.00	1.87	1.10	53.4%	6	53
8	1	165.1%	469.22	552.00	572.00	340.00	0.50	1.33	1.04	49.1%	2	31
72	1	68.0%	446.90	453.80	465.30	350.00	0.00	1.94	1.43	50.5%	6	23
0	2	—	467.42	0.00	0.00	360.00	0.01	2.10	1.40	49.5%	2	44
26	1	66.5%	428.58	434.80	447.40	370.00	1.20	2.49	1.29	49.4%	2	30
11	1	66.4%	434.42	425.35	439.50	380.00	0.27	2.58	1.33	48.1%	3	57
10	2	63.9%	467.68	414.00	430.05	390.00	0.56	2.41	1.66	46.1%	2	58
49	1	63.0%	466.00	404.90	420.70	400.00	0.93	2.71	1.79	45.5%	6	227
25	15	77.1%	560.28	410.05	424.70	410.00	1.50	2.89	2.17	44.6%	1	121
27	3	61.8%	382.75	387.95	401.65	420.00	2.48	3.40	2.80	44.5%	1	45
20	1	59.8%	408.32	379.25	390.10	430.00	2.35	3.85	3.20	44.1%	4	61
8	2	59.0%	381.70	369.90	381.40	440.00	2.06	4.95	3.65	44.9%	4	28
25	1	73.4%	506.20	374.30	391.85	450.00	3.50	5.00	6.91	43.6%	4	136
23	6	57.3%	348.44	351.30	363.50	460.00	2.95	6.20	3.90	44.2%	5	83
31	5	56.1%	368.57	342.70	353.25	470.00	4.00	7.30	5.65	44.4%	4	38
32	1	168.1%	474.07	498.00	516.00	480.00	4.95	7.55	5.05	43.3%	1	151
5	1	67.8%	390.23	338.55	354.55	490.00	5.35	8.15	7.59	42.6%	1	94
98	2	53.8%	315.00	315.75	326.55	500.00	6.25	8.75	7.25	41.9%	2	312
20	1	53.0%	329.29	298.35	310.45	520.00	8.15	11.35	8.75	41.9%	15	191
20	1	51.5%	313.47	281.20	292.80	540.00	8.85	13.00	9.65	40.6%	1	43
80	4	51.0%	258.63	264.45	278.25	560.00	14.45	16.45	14.85	40.6%	12	138
61	1	52.4%	241.20	248.95	259.20	580.00	15.65	19.15	18.18	39.7%	10	132
90	4	51.3%	246.00	232.55	243.50	600.00	18.85	23.50	21.74	39.6%	10	579
57	1	50.4%	227.00	217.95	228.50	620.00	24.20	28.50	26.18	39.6%	10	145
133	2	49.3%	251.92	203.25	213.35	640.00	30.00	31.95	30.35	38.4%	4	317
76	2	47.9%	204.50	189.45	198.00	660.00	31.75	39.70	36.50	39.1%	6	194
31	1	46.8%	180.75	177.20	183.65	680.00	39.45	45.50	40.75	38.6%	8	413
37	2	46.8%	168.00	162.00	172.30	700.00	45.20	52.05	49.30	38.1%	1	1,937
193	3	46.1%	163.44	150.20	159.65	720.00	53.10	58.30	55.85	37.3%	4	551
47	1	45.5%	151.98	138.75	147.65	740.00	59.90	68.55	62.61	37.8%	8	127
210	4	45.1%	139.00	127.50	136.95	760.00	68.80	76.15	75.30	37.0%	4	533
119	2	44.7%	127.35	118.65	126.55	780.00	78.90	84.00	63.10	36.1%	2	274
320	5	44.0%	116.89	112.15	120.20	790.00	83.85	89.00	67.00	36.0%	2	217
53	3	43.7%	113.95	107.65	115.10	800.00	87.95	96.10	85.50	36.6%	3	1,202
CAT $800.47
66	1	44.2%	157.45	103.85	112.10	810.00	92.70	98.95	96.35	35.5%	1	83
71	9	44.1%	108.85	100.25	107.95	820.00	98.40	106.25	106.47	36.1%	10	161
22	2	43.4%	99.70	96.40	102.15	830.00	102.20	113.20	83.65	36.5%	1	59
63	2	43.8%	94.37	90.60	99.30	840.00	110.45	117.40	123.20	35.7%	2	67
229	2	43.6%	88.08	86.30	95.10	850.00	115.75	121.50	119.30	34.9%	1	120
73	6	43.6%	126.10	82.05	91.45	860.00	119.85	129.80	143.35	35.6%	2	117
86	1	42.6%	83.35	78.85	85.40	870.00	128.00	136.95	127.65	35.8%	3	46
162	4	42.7%	77.18	73.85	82.25	880.00	132.05	142.85	133.60	35.5%	11	92
52	1	42.6%	112.55	71.15	78.75	890.00	138.70	149.75	139.75	35.5%	10	30
124	4	43.1%	79.90	67.15	77.10	900.00	145.20	156.40	155.25	35.4%	15	93
644	1	42.9%	68.51	60.45	70.45	920.00	159.15	172.30	174.30	36.0%	2	92
195	3	43.0%	59.98	55.40	65.30	940.00	173.45	186.25	187.70	35.6%	1	63
322	3	42.6%	56.40	51.40	59.15	960.00	188.25	199.00	210.63	34.5%	3	27
172	2	42.8%	56.50	45.05	55.05	980.00	204.35	214.30	221.60	34.2%	14	51
498	2	42.3%	44.55	42.30	49.45	1,000.00	216.40	232.60	237.05	35.2%	10	12
94	3	42.6%	40.55	37.20	46.10	1,020.00	235.70	248.30	253.15	34.8%	10	44
161	3	42.0%	37.25	36.60	41.15	1,040.00	252.75	264.80	269.65	34.6%	10	8
344	4	42.4%	33.80	30.75	38.50	1,060.00	267.10	281.95	287.30	34.5%	10	36
192	5	42.3%	31.89	27.95	35.05	1,080.00	287.10	296.95	304.45	33.0%	10	11
317	12	42.5%	29.93	24.45	32.60	1,100.00	304.40	314.80	321.95	33.0%	10	36
80	1	42.2%	43.20	23.60	29.40	1,120.00	323.95	337.60	233.75	36.0%	30	20
56	5	41.7%	24.40	20.80	25.90	1,140.00	0.00	0.00	323.25	—	2	0
53	2	41.8%	36.90	19.20	23.90	1,160.00	358.30	372.00	281.60	34.6%	25	86
641	1	41.6%	19.40	17.65	21.60	1,180.00	376.55	388.30	329.60	32.7%	6	23
86	1	42.0%	17.35	15.45	20.35	1,200.00	343.15	360.05	285.10	—	2	1
48	2	42.0%	23.20	13.85	18.55	1,220.00	411.80	424.60	275.10	30.8%	—	1
27	32	42.1%	20.00	12.40	17.10	1,240.00	424.60	439.90	467.70	21.8%	2	2
66	2	42.0%	22.30	11.85	15.55	1,260.00	—	—	—	—	—	—
53	2	41.4%	12.27	10.80	13.45	1,280.00	—	—	—	—	—	—
151	3	41.8%	11.85	9.55	12.70	1,300.00	—	—	—	—	—	—
20	8	41.5%	11.61	8.60	11.30	1,320.00	504.55	518.65	361.80	—	2	1
62	23	42.6%	9.35	7.85	11.55	1,340.00	—	—	—	—	—	—
110	1	42.3%	10.47	5.80	10.25	1,360.00	—	—	—	—	—	—
66	1	42.5%	9.75	4.40	9.55	1,380.00	563.30	577.10	409.07	—	1	1
37	2	42.7%	9.40	3.55	8.95	1,400.00	—	—	—	—	—	—
120	2	42.9%	12.40	2.75	8.40	1,420.00	—	—	—	—	—	—
39	2	44.8%	11.15	5.55	9.45	1,440.00	—	—	—	—	—	—
17	4	43.5%	7.62	3.95	7.60	1,460.00	—	—	—	—	—	—
34	2	43.2%	8.10	3.55	6.75	1,480.00	670.85	686.60	660.85	43.8%	4	0
309	2	43.6%	6.73	3.25	6.50	1,500.00	—	—	—	—	—	—
22	2	46.0%	6.05	1.89	7.85	1,520.00	—	—	—	—	—	—
13	1	44.1%	5.20	2.31	5.85	1,540.00	—	—	—	—	—	—
33	2	44.3%	6.44	2.44	5.50	1,560.00	—	—	—	—	—	—
203	1	44.0%	3.60	2.22	4.85	1,580.00	—	—	—	—	—	—

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 June 17, 2027 expiration, the CAT put/call ratio based on open interest is 1.26 (10,637 puts vs 8,444 calls), and 1.71 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 June 17, 2027 is about 40.2%, 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.