Leonardo DRS (DRS) Options Chain

NASDAQ: DRSIndustrialsIndustrial Machinery/ComponentsUSD

35.81+0.03 (+0.08%)

Market open · Delayed 15 min · as of Oct 8, 3:29 PM ET

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 8
Share price: $35.83
Put/call ratio (OI): 0.29
Put/call ratio (volume): 0.78
ATM implied volatility: 42.1%
Expected move: ±$2.24
Open interest (C / P): 2.73K / 779

DRS options summary

The DRS options chain for the October 16, 2026 expiration lists 25 call and 25 put contracts, with 8 days until expiration. Open interest stands at 2,725 calls and 779 puts, a put/call ratio of 0.29, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $36.00 strike is 42.1%, which implies the market expects a move of about ±$2.24 (6.2%) in Leonardo DRS stock by expiration.

The most open interest sits at the $60.00 call (1.57K contracts) and the $35.00 put (212 contracts).

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

DRS options chain · October 16, 2026

DRS 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
61	1	240.6%	19.97	10.70	13.00	25.00	0.00	0.55	0.11	162.9%	—	1
0	1	—	17.52	0.00	0.00	30.00	0.00	0.60	0.27	97.1%	8	41
2	1	104.8%	6.50	4.10	5.40	31.00	0.00	0.55	0.38	81.5%	—	1
—	—	—	—	—	—	32.00	0.00	0.45	0.48	64.3%	—	8
0	—	—	14.88	0.00	0.00	33.00	0.05	0.50	0.15	55.3%	1	24
8	2	61.3%	3.03	1.45	2.45	34.00	0.05	0.50	0.22	54.9%	1	24
14	1	44.1%	1.20	0.75	1.45	35.00	0.10	0.70	0.28	48.0%	2	212
DRS $35.83
25	3	39.3%	1.71	0.35	0.80	36.00	0.60	1.10	0.93	45.0%	1	29
31	4	37.8%	0.35	0.25	0.40	37.00	1.20	2.15	1.05	65.4%	3	40
110	1	51.1%	0.44	0.10	0.40	38.00	2.00	3.10	1.80	50.0%	2	141
49	9	49.2%	0.10	0.00	0.20	39.00	2.70	4.00	3.70	86.9%	2	16
84	5	63.0%	0.11	0.00	0.50	40.00	3.70	4.90	4.30	52.3%	3	13
196	11	60.2%	0.12	0.05	0.20	41.00	4.70	6.00	4.13	66.0%	1	12
5	6	83.2%	0.23	0.00	0.55	42.00	5.50	7.30	4.80	79.3%	4	4
7	1	94.0%	0.08	0.00	0.60	43.00	3.70	5.10	1.95	—	1	54
26	6	99.6%	0.25	0.00	0.55	44.00	0.00	0.00	3.50	—	1	0
110	26	104.9%	0.05	0.00	0.50	45.00	0.00	0.00	3.22	—	10	0
68	3	114.7%	0.57	0.00	0.55	46.00	6.10	7.60	5.56	—	5	16
43	1	121.9%	0.31	0.00	0.55	47.00	6.20	8.20	5.30	—	1	21
0	1	50.0%	1.85	0.00	0.00	48.00	—	—	—	—	—	—
12	2	137.9%	0.15	0.05	0.55	49.00	7.70	9.90	6.20	—	—	1
215	3	138.7%	0.50	0.00	0.50	50.00	9.60	11.90	9.80	—	30	21
0	1	141.4%	0.55	0.00	0.20	55.00	9.60	12.00	13.60	—	2	12
1,566	5	135.9%	0.03	0.00	0.05	60.00	16.90	19.20	14.98	—	2	88
80	4	218.8%	0.01	0.00	0.55	65.00	17.10	20.20	25.55	—	2	0
13	10	239.1%	0.08	0.00	0.55	70.00	20.60	23.50	24.78	—	2	0

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 DRS put/call ratio?

For the October 16, 2026 expiration, the DRS put/call ratio based on open interest is 0.29 (779 puts vs 2,725 calls), and 0.78 based on today's volume. A ratio above 1 means more puts than calls.

What is DRS's implied volatility?

At-the-money implied volatility for DRS options expiring October 16, 2026 is about 42.1%, an annualized estimate of how much the market expects Leonardo DRS stock to move.

How many DRS option expiration dates are there?

DRS has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 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.