CDW (CDW) Options Chain

NASDAQ: CDWConsumer DiscretionaryCatalog/Specialty DistributionUSD

142.17+2.29 (+1.64%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $142.17
Put/call ratio (OI): 2.00
Put/call ratio (volume): 2.91
ATM implied volatility: 49.3%
Expected move: ±$46.24
Open interest (C / P): 696 / 1.39K

CDW options summary

The CDW options chain for the March 19, 2027 expiration lists 23 call and 20 put contracts, with 159 days until expiration. Open interest stands at 696 calls and 1,390 puts, a put/call ratio of 2.00, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $140.00 strike is 49.3%, which implies the market expects a move of about ±$46.24 (32.5%) in CDW stock by expiration.

The most open interest sits at the $180.00 call (131 contracts) and the $135.00 put (620 contracts).

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

CDW options chain · March 19, 2027

CDW 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
3	2	64.2%	73.19	71.10	74.90	70.00	0.00	2.60	1.23	70.7%	—	1
0	—	63.9%	78.20	66.40	70.40	75.00	0.00	2.55	1.10	64.5%	1	2
—	—	—	—	—	—	80.00	0.00	3.10	1.40	61.7%	1	3
2	—	116.2%	52.00	67.50	71.30	85.00	0.15	3.40	1.85	58.3%	1	2
0	2	57.1%	54.94	52.70	56.30	90.00	0.35	3.20	2.40	53.0%	1	6
—	—	—	—	—	—	95.00	1.30	3.90	2.90	53.6%	1	2
0	1	—	43.00	0.00	0.00	100.00	1.60	4.20	2.65	50.1%	10	15
—	—	—	—	—	—	105.00	1.60	4.90	4.17	54.5%	10	14
—	—	—	—	—	—	110.00	3.70	5.70	4.70	52.2%	50	51
—	—	—	—	—	—	115.00	3.60	7.60	9.42	53.5%	1	3
3	1	55.3%	40.00	28.30	32.10	120.00	6.20	8.30	10.40	49.9%	17	18
—	—	—	—	—	—	125.00	6.40	10.80	11.20	51.6%	1	7
11	10	53.7%	19.11	21.80	25.90	130.00	8.40	12.70	9.45	50.8%	1	4
19	2	53.0%	17.10	18.90	23.10	135.00	10.70	14.70	15.60	49.6%	1	620
24	2	50.9%	14.85	16.40	20.00	140.00	13.30	16.60	18.40	47.6%	1	617
CDW $142.17
7	1	51.9%	9.94	14.10	18.20	145.00	12.90	16.00	22.30	38.5%	—	1
18	1	51.2%	11.24	11.90	16.00	150.00	18.50	22.50	18.00	47.7%	1	8
33	1	50.9%	10.70	9.90	14.10	155.00	21.50	25.50	21.00	47.0%	—	4
12	1	48.1%	8.80	9.40	11.50	160.00	25.20	27.50	34.50	43.1%	1	7
6	1	50.4%	9.55	6.90	10.90	165.00	28.20	32.20	24.80	46.1%	—	5
119	1	47.7%	4.70	5.50	8.70	170.00	—	—	—	—	—	—
124	1	47.1%	4.60	4.40	7.40	175.00	—	—	—	—	—	—
131	1	50.2%	7.00	3.60	7.40	180.00	—	—	—	—	—	—
105	1	50.5%	3.20	2.80	6.60	185.00	—	—	—	—	—	—
42	1	50.5%	6.18	2.30	5.80	190.00	—	—	—	—	—	—
2	1	50.9%	7.89	1.45	5.20	195.00	—	—	—	—	—	—
2	1	50.2%	2.56	0.75	4.40	200.00	—	—	—	—	—	—
1	—	50.8%	2.70	0.90	3.50	210.00	—	—	—	—	—	—
32	2	53.7%	3.00	0.00	3.30	220.00	—	—	—	—	—	—

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 CDW put/call ratio?

For the March 19, 2027 expiration, the CDW put/call ratio based on open interest is 2.00 (1,390 puts vs 696 calls), and 2.91 based on today's volume. A ratio above 1 means more puts than calls.

What is CDW's implied volatility?

At-the-money implied volatility for CDW options expiring March 19, 2027 is about 49.3%, an annualized estimate of how much the market expects CDW stock to move.

How many CDW option expiration dates are there?

CDW has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.