ConocoPhillips (COP) Options Chain

NYSE: COPEnergyIntegrated oil CompaniesUSD

134.10-0.09 (-0.07%)

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

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $134.10
Put/call ratio (OI): 1.06
Put/call ratio (volume): 1.18
ATM implied volatility: 32.2%
Expected move: ±$41.70
Open interest (C / P): 809 / 854

COP options summary

The COP options chain for the September 17, 2027 expiration lists 19 call and 15 put contracts, with 341 days until expiration. Open interest stands at 809 calls and 854 puts, a put/call ratio of 1.06, which is fairly balanced between calls and puts. At-the-money implied volatility near the $135.00 strike is 32.2%, which implies the market expects a move of about ±$41.70 (31.1%) in ConocoPhillips stock by expiration.

The most open interest sits at the $150.00 call (294 contracts) and the $100.00 put (321 contracts).

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

COP options chain · September 17, 2027

COP 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
—	—	—	—	—	—	75.00	0.29	1.40	1.15	42.1%	—	4
—	—	—	—	—	—	80.00	0.64	1.30	1.34	37.5%	1	34
10	—	44.6%	57.44	49.50	52.50	85.00	0.79	1.72	1.93	36.4%	17	17
2	4	43.1%	48.00	45.45	48.20	90.00	1.27	2.45	2.71	36.3%	10	91
—	—	—	—	—	—	95.00	2.09	2.71	3.15	33.6%	139	163
—	—	—	—	—	—	100.00	2.81	3.55	3.25	33.0%	10	321
—	—	—	—	—	—	105.00	3.75	4.65	5.70	32.6%	6	7
4	—	38.3%	32.87	30.00	32.45	110.00	4.85	5.90	5.45	32.0%	3	11
6	2	37.5%	29.25	26.00	29.05	115.00	5.75	7.40	6.90	31.5%	2	6
4	2	38.7%	28.67	23.05	26.75	120.00	8.00	9.05	8.65	30.9%	2	17
9	4	38.2%	26.02	19.50	23.90	125.00	9.90	11.05	12.40	30.4%	2	44
37	1	35.3%	19.47	17.65	20.05	130.00	12.10	13.45	12.75	30.4%	1	5
COP $134.10
7	3	35.1%	16.41	15.85	17.70	135.00	14.75	15.60	15.20	29.3%	188	120
37	5	36.9%	12.30	12.45	16.60	140.00	16.85	18.80	18.40	29.7%	1	13
167	1	34.2%	12.68	12.05	13.40	145.00	—	—	—	—	—	—
294	2	34.5%	8.80	9.80	11.95	150.00	—	—	—	—	—	—
96	2	36.5%	7.15	6.00	10.15	160.00	—	—	—	—	—	—
1	1	35.2%	4.93	4.90	8.35	165.00	—	—	—	—	—	—
38	4	35.2%	5.35	3.90	7.35	170.00	37.85	40.25	38.16	28.2%	—	1
31	20	37.0%	4.35	3.00	7.20	175.00	—	—	—	—	—	—
2	—	35.5%	7.55	4.00	5.75	180.00	—	—	—	—	—	—
45	18	33.5%	3.34	3.05	3.70	190.00	—	—	—	—	—	—
17	252	33.5%	2.91	2.65	3.20	195.00	—	—	—	—	—	—
2	2	34.1%	4.75	2.15	2.94	200.00	—	—	—	—	—	—

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 COP put/call ratio?

For the September 17, 2027 expiration, the COP put/call ratio based on open interest is 1.06 (854 puts vs 809 calls), and 1.18 based on today's volume. A ratio above 1 means more puts than calls.

What is COP's implied volatility?

At-the-money implied volatility for COP options expiring September 17, 2027 is about 32.2%, an annualized estimate of how much the market expects ConocoPhillips stock to move.

How many COP option expiration dates are there?

COP 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.