CVS Health (CVS) Options Chain

NYSE: CVSConsumer StaplesRetail-Drug Stores and Proprietary StoresUSD

87.80-0.15 (-0.17%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

After hours: 84.74 -3.49%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $87.80
Put/call ratio (OI): 0.49
Put/call ratio (volume): 0.77
ATM implied volatility: 51.3%
Expected move: ±$2.36
Open interest (C / P): 20.54K / 10.01K

CVS options summary

The CVS options chain for the October 9, 2026 expiration lists 37 call and 32 put contracts, with 1 day until expiration. Open interest stands at 20,541 calls and 10,007 puts, a put/call ratio of 0.49, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $88.00 strike is 51.3%, which implies the market expects a move of about ±$2.36 (2.7%) in CVS Health stock by expiration.

The most open interest sits at the $90.00 call (4.91K contracts) and the $85.00 put (1.90K contracts).

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

CVS options chain · October 9, 2026

CVS 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
4	12	268.0%	25.00	26.75	29.15	60.00	0.00	0.01	0.01	175.0%	1	2
5	14	244.7%	20.05	21.25	24.90	65.00	0.00	2.13	0.06	339.3%	2	165
2	4	222.7%	17.84	16.75	19.85	70.00	—	—	—	—	—	—
2	1	157.8%	14.15	12.30	15.90	74.00	0.00	2.13	0.06	225.4%	22	57
5	2	127.3%	13.22	11.00	14.90	75.00	0.00	2.13	0.04	213.0%	4	52
3	1	129.3%	12.20	10.75	13.30	76.00	0.00	1.42	0.02	175.4%	42	42
3	1	105.9%	11.09	9.00	12.85	77.00	0.00	0.04	0.04	78.1%	32	23
—	—	—	—	—	—	78.00	0.00	2.13	0.57	176.0%	97	161
—	—	—	—	—	—	79.00	0.00	0.09	0.09	73.4%	8	67
5	3	117.1%	8.15	6.80	9.85	80.00	0.00	0.17	0.04	74.2%	3	78
34	3	107.8%	7.17	5.80	8.90	81.00	0.00	0.55	0.02	87.1%	7	638
40	1	68.4%	5.00	4.70	7.25	82.00	0.00	2.15	0.05	126.4%	26	190
61	51	85.3%	5.40	3.75	6.95	83.00	0.01	0.13	0.07	54.7%	159	291
60	52	72.2%	5.90	2.65	6.00	84.00	0.05	0.22	0.14	53.1%	179	1,569
768	2	90.5%	3.33	2.90	5.05	85.00	0.20	0.27	0.26	46.1%	899	1,901
1,619	31	83.0%	2.88	1.52	3.15	86.00	0.31	0.61	0.40	51.4%	18	1,149
1,913	3	70.2%	1.40	0.91	2.24	87.00	0.32	1.07	0.69	55.6%	56	1,447
CVS $87.80
2,562	164	52.7%	1.09	0.82	1.27	88.00	0.78	1.40	1.14	50.0%	42	975
1,519	1,514	51.2%	0.68	0.48	0.82	89.00	1.10	2.24	1.78	60.1%	255	146
4,905	408	55.4%	0.32	0.06	0.61	90.00	0.44	4.35	3.04	119.2%	1	308
759	60	52.7%	0.20	0.18	0.34	91.00	2.45	5.20	3.31	67.8%	5	593
890	25	68.6%	0.10	0.04	0.84	92.00	2.78	6.15	5.00	57.6%	51	77
702	1	69.0%	0.02	0.00	0.60	93.00	3.75	7.10	6.19	63.4%	1	22
877	8	122.5%	0.05	0.00	2.15	94.00	5.15	7.40	7.00	55.5%	2	52
1,305	4	81.7%	0.24	0.00	0.50	95.00	5.15	8.45	7.54	141.6%	2	1
343	56	53.1%	0.05	0.00	0.03	96.00	6.20	10.05	8.34	180.7%	2	1
37	32	130.9%	0.01	0.00	1.41	97.00	8.10	10.35	7.25	63.3%	1	0
506	29	105.9%	0.01	0.00	0.53	98.00	8.25	11.70	3.42	184.1%	—	0
47	22	134.2%	0.01	0.00	1.02	99.00	9.40	12.55	11.34	185.7%	1	0
667	21	126.6%	0.01	0.00	0.66	100.00	10.30	14.05	12.71	220.8%	2	0
38	1	160.6%	0.01	0.00	1.31	101.00	11.20	15.05	13.65	230.1%	2	0
24	1	112.1%	0.01	0.00	0.22	102.00	12.90	15.55	15.99	89.1%	4	0
9	1	203.7%	0.28	0.00	2.13	103.00	—	—	—	—	—	—
1	—	211.7%	0.70	0.00	2.13	104.00	14.85	18.05	17.86	144.9%	40	0
31	3	87.5%	0.01	0.00	0.01	105.00	—	—	—	—	—	—
589	2	96.9%	0.04	0.00	0.02	106.00	—	—	—	—	—	—
1	—	234.6%	0.20	0.00	2.13	107.00	—	—	—	—	—	—
1	1	241.8%	0.51	0.00	2.13	108.00	—	—	—	—	—	—
204	4	256.1%	0.01	0.00	2.13	110.00	—	—	—	—	—	—

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 CVS put/call ratio?

For the October 9, 2026 expiration, the CVS put/call ratio based on open interest is 0.49 (10,007 puts vs 20,541 calls), and 0.77 based on today's volume. A ratio above 1 means more puts than calls.

What is CVS's implied volatility?

At-the-money implied volatility for CVS options expiring October 9, 2026 is about 51.3%, an annualized estimate of how much the market expects CVS Health stock to move.

How many CVS option expiration dates are there?

CVS has 17 listed expiration dates, from Oct 9, 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.