Copa S.A. (CPA) Options Chain
NYSE: CPAConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- May 21, 2027
- Days to expiration
- 223
- Share price
- $134.23
- Put/call ratio (OI)
- 2.40
- Put/call ratio (volume)
- 0.47
- Expected move
- ±$40.50
- Open interest (C / P)
- 78 / 187
CPA options summary
The CPA options chain for the May 21, 2027 expiration lists 13 call and 5 put contracts, with 223 days until expiration. Open interest stands at 78 calls and 187 puts, a put/call ratio of 2.40, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $135.00 strike is 38.6%, which implies the market expects a move of about ±$40.50 (30.2%) in Copa S.A. stock by expiration.
The most open interest sits at the $100.00 call (32 contracts) and the $115.00 put (111 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CPA options chain · May 21, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 70.00 | 0.15 | 1.65 | 0.90 | |||||
| — | — | — | 75.00 | 0.40 | 3.20 | 1.30 | |||||
| — | — | — | 80.00 | 0.70 | 3.30 | 1.90 | |||||
| 35.70 | 35.80 | 38.80 | 100.00 | — | — | — | |||||
| — | — | — | 115.00 | 4.60 | 8.40 | 6.46 | |||||
| 23.90 | — | — | 120.00 | — | — | — | |||||
| 16.50 | 17.80 | 20.80 | 125.00 | 8.30 | 11.40 | 9.90 | |||||
| 16.90 | 12.80 | 15.80 | 135.00 | — | — | — | |||||
| 15.10 | 10.70 | 13.80 | 140.00 | — | — | — | |||||
| 8.57 | 5.90 | 8.80 | 155.00 | — | — | — | |||||
| 5.92 | 5.00 | 8.00 | 160.00 | — | — | — | |||||
| 5.97 | 3.80 | 6.90 | 165.00 | — | — | — | |||||
| 2.65 | 1.00 | 4.20 | 180.00 | — | — | — | |||||
| 2.55 | 0.60 | 3.90 | 185.00 | — | — | — | |||||
| 2.05 | 0.25 | 3.70 | 190.00 | — | — | — | |||||
| 1.70 | 0.00 | 3.50 | 195.00 | — | — | — | |||||
| 1.20 | 0.05 | 3.10 | 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 CPA put/call ratio?
For the May 21, 2027 expiration, the CPA put/call ratio based on open interest is 2.40 (187 puts vs 78 calls), and 0.47 based on today's volume. A ratio above 1 means more puts than calls.
What is CPA's implied volatility?
At-the-money implied volatility for CPA options expiring May 21, 2027 is about 38.6%, an annualized estimate of how much the market expects Copa S.A. stock to move.
How many CPA option expiration dates are there?
CPA has 6 listed expiration dates, from Oct 16, 2026 to May 21, 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.