Commercial Metals (CMC) Options Chain

NYSE: CMCIndustrialsMetal FabricationUSD

63.89+0.79 (+1.25%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $63.89
Put/call ratio (OI): 0.17
Put/call ratio (volume): 0.15
ATM implied volatility: 42.1%
Expected move: ±$8.90
Open interest (C / P): 1.67K / 283

CMC options summary

The CMC options chain for the November 20, 2026 expiration lists 22 call and 16 put contracts, with 40 days until expiration. Open interest stands at 1,666 calls and 283 puts, a put/call ratio of 0.17, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $65.00 strike is 42.1%, which implies the market expects a move of about ±$8.90 (13.9%) in Commercial Metals stock by expiration.

The most open interest sits at the $70.00 call (997 contracts) and the $70.00 put (165 contracts).

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

CMC options chain · November 20, 2026

CMC 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
—	—	—	—	—	—	35.00	0.00	0.75	0.20	110.3%	1	1
—	—	—	—	—	—	42.50	0.05	1.80	0.55	99.6%	1	1
1	—	118.0%	18.00	19.80	22.30	45.00	0.10	0.80	0.65	73.2%	1	1
1	1	106.3%	16.00	17.40	19.80	47.50	0.00	0.95	0.26	64.9%	4	5
1	—	93.1%	14.59	15.20	16.90	50.00	0.05	0.75	0.40	53.6%	1	4
4	1	58.9%	9.00	9.00	10.40	55.00	0.35	1.05	1.15	50.8%	2	11
4	1	58.5%	7.00	6.90	8.60	57.50	0.80	1.20	1.75	43.3%	2	13
2	1	49.1%	5.80	5.00	6.30	60.00	1.35	1.90	1.45	42.4%	5	15
2	1	45.8%	5.87	3.30	4.60	62.50	2.20	2.75	2.10	40.3%	25	31
CMC $63.89
15	1	43.3%	3.70	2.60	3.20	65.00	3.30	4.10	4.50	40.9%	2	17
59	1	41.9%	1.93	1.70	2.15	67.50	4.80	5.60	5.15	39.9%	2	16
997	8	40.4%	1.20	1.15	1.35	70.00	6.40	8.00	6.76	47.8%	1	165
72	30	40.9%	0.80	0.60	0.90	72.50	8.20	10.10	6.90	50.1%	—	1
60	2	40.6%	0.70	0.30	0.55	75.00	10.60	12.40	10.60	54.0%	1	1
67	1	50.5%	2.81	0.05	0.75	77.50	12.90	14.80	11.94	58.7%	—	1
13	5	55.9%	0.80	0.05	0.75	80.00	—	—	—	—	—	—
2	1	66.8%	2.10	0.50	1.55	82.50	0.00	0.00	10.30	—	—	0
11	10	54.8%	0.17	0.00	0.35	85.00	—	—	—	—	—	—
81	1	68.0%	0.05	0.00	1.00	90.00	—	—	—	—	—	—
102	100	76.6%	1.31	0.05	1.00	95.00	—	—	—	—	—	—
162	153	86.3%	0.81	0.00	1.20	100.00	—	—	—	—	—	—
2	1	101.3%	1.00	0.00	1.75	105.00	—	—	—	—	—	—
3	1	106.5%	1.00	0.00	1.65	110.00	—	—	—	—	—	—
5	2	104.6%	0.20	0.00	1.15	115.00	—	—	—	—	—	—

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 CMC put/call ratio?

For the November 20, 2026 expiration, the CMC put/call ratio based on open interest is 0.17 (283 puts vs 1,666 calls), and 0.15 based on today's volume. A ratio above 1 means more puts than calls.

What is CMC's implied volatility?

At-the-money implied volatility for CMC options expiring November 20, 2026 is about 42.1%, an annualized estimate of how much the market expects Commercial Metals stock to move.

How many CMC option expiration dates are there?

CMC 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.