CVS Health (CVS) Options Chain

NYSE: CVSConsumer StaplesRetail-Drug Stores and Proprietary StoresUSD

86.16-1.64 (-1.87%)

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

Expiration date

Expiration: Jun 17, 2027
Days to expiration: 250
Share price: $86.16
Put/call ratio (OI): 1.01
Put/call ratio (volume): 1.98
ATM implied volatility: 35.7%
Expected move: ±$25.44
Open interest (C / P): 7.05K / 7.11K

CVS options summary

The CVS options chain for the June 17, 2027 expiration lists 35 call and 30 put contracts, with 250 days until expiration. Open interest stands at 7,049 calls and 7,108 puts, a put/call ratio of 1.01, which is fairly balanced between calls and puts. At-the-money implied volatility near the $85.00 strike is 35.7%, which implies the market expects a move of about ±$25.44 (29.5%) in CVS Health stock by expiration.

The most open interest sits at the $115.00 call (1.91K contracts) and the $110.00 put (1.52K contracts).

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

CVS options chain · June 17, 2027

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
3	—	54.9%	56.05	47.20	50.80	37.50	0.07	0.25	0.16	52.1%	3	62
3	2	144.6%	37.92	54.00	58.50	40.00	0.00	0.31	0.17	50.3%	7	27
—	—	—	—	—	—	42.50	0.00	0.00	0.27	12.5%	52	0
0	—	—	49.99	0.00	0.00	45.00	0.00	0.00	0.35	12.5%	52	0
12	1	51.7%	42.02	38.45	40.90	47.50	0.10	0.54	0.43	44.8%	44	89
5	1	58.4%	35.55	36.15	38.20	50.00	0.38	0.65	0.46	43.2%	3	64
0	5	—	40.45	0.00	0.00	55.00	0.47	0.97	0.74	40.6%	1	104
7	10	51.4%	27.74	27.05	29.50	60.00	0.87	1.44	1.19	38.3%	2	580
0	1	—	33.03	0.00	0.00	62.50	0.00	0.00	1.29	6.3%	13	0
0	10	—	32.85	0.00	0.00	65.00	1.64	2.11	1.98	36.4%	3	301
5	1	43.4%	21.96	20.95	22.70	67.50	2.06	2.50	1.90	35.2%	4	211
73	1	45.2%	29.10	19.05	21.40	70.00	2.36	3.20	2.74	35.4%	2	562
9	2	42.4%	19.57	17.25	19.20	72.50	3.20	3.85	2.41	34.9%	10	313
64	1	40.4%	23.44	15.65	17.20	75.00	3.55	4.65	4.36	34.6%	48	370
43	1	39.2%	19.06	14.15	15.45	77.50	4.55	5.40	5.30	33.7%	1	201
129	3	40.2%	13.60	12.50	14.35	80.00	5.40	6.35	6.27	33.2%	5	101
220	7	38.4%	10.55	11.05	12.60	82.50	6.55	7.40	7.41	32.8%	3	333
260	3	39.4%	12.90	9.95	11.70	85.00	7.65	8.45	7.86	32.0%	1	223
CVS $86.16
126	2	37.2%	9.11	8.75	10.00	87.50	8.85	9.85	8.40	32.0%	1	391
322	8	36.5%	9.40	7.75	8.80	90.00	10.15	12.20	10.48	35.0%	1	266
98	1	36.1%	7.30	6.20	7.75	92.50	11.65	12.80	10.30	31.5%	1	197
308	8	35.8%	6.35	5.95	6.85	95.00	12.65	14.35	13.06	31.1%	1	383
253	1	35.5%	5.60	4.85	6.00	97.50	14.85	16.00	10.45	30.6%	1	233
704	2	35.2%	4.85	4.50	5.25	100.00	16.55	17.75	12.58	30.1%	109	385
677	2	34.8%	3.55	3.00	4.00	105.00	20.30	21.60	16.83	29.6%	5	50
508	7	34.6%	3.25	2.55	3.05	110.00	23.75	25.85	26.12	29.7%	1	1,523
1,914	1	35.9%	2.25	1.64	2.60	115.00	19.80	22.15	17.30	—	11	124
542	1	36.8%	1.51	1.36	2.18	120.00	33.00	35.20	31.75	32.0%	6	11
165	1	36.5%	1.45	0.83	1.64	125.00	28.65	30.25	23.15	—	—	1
171	1	36.8%	0.90	0.58	1.31	130.00	42.55	44.65	44.50	32.8%	2	3
45	1	37.6%	0.84	0.38	1.12	135.00	—	—	—	—	—	—
66	24	38.4%	1.39	0.46	0.96	140.00	—	—	—	—	—	—
175	33	39.3%	1.11	0.22	0.84	145.00	—	—	—	—	—	—
0	3	12.5%	1.03	0.00	0.00	150.00	—	—	—	—	—	—
18	3	38.5%	0.26	0.01	0.47	155.00	—	—	—	—	—	—
124	50	39.2%	0.24	0.01	0.41	160.00	—	—	—	—	—	—

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 June 17, 2027 expiration, the CVS put/call ratio based on open interest is 1.01 (7,108 puts vs 7,049 calls), and 1.98 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 June 17, 2027 is about 35.7%, an annualized estimate of how much the market expects CVS Health stock to move.

How many CVS option expiration dates are there?

CVS has 16 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.