Estee Lauder Companies (EL) Options Chain

NYSE: ELConsumer DiscretionaryPackage Goods/CosmeticsUSD

98.05+3.73 (+3.95%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 467
Share price: $98.05
Put/call ratio (OI): 1.99
Put/call ratio (volume): 6.58
ATM implied volatility: 43.3%
Expected move: ±$48.07
Open interest (C / P): 7.29K / 14.47K

EL options summary

The EL options chain for the January 21, 2028 expiration lists 29 call and 25 put contracts, with 467 days until expiration. Open interest stands at 7,288 calls and 14,475 puts, a put/call ratio of 1.99, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $100.00 strike is 43.3%, which implies the market expects a move of about ±$48.07 (49.0%) in Estee Lauder Companies stock by expiration.

The most open interest sits at the $115.00 call (1.56K contracts) and the $80.00 put (4.44K contracts).

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

EL options chain · January 21, 2028

EL 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
0	2	55.4%	64.60	62.00	65.60	35.00	0.20	1.00	0.66	53.0%	10	210
5	2	61.4%	67.90	58.00	62.00	40.00	0.00	0.00	1.07	12.5%	1	0
16	2	59.9%	56.35	54.00	57.50	45.00	0.30	1.70	1.00	52.5%	5	275
17	3	54.6%	47.75	49.50	52.50	50.00	1.50	2.25	1.75	50.3%	1	295
0	1	—	48.00	0.00	0.00	55.00	2.00	2.85	2.39	47.9%	1	977
51	1	51.9%	49.05	41.50	44.50	60.00	2.10	4.70	3.90	50.8%	2	330
145	2	51.1%	38.80	38.00	40.80	65.00	3.50	5.30	4.80	47.2%	7	2,393
173	2	51.0%	37.25	35.20	37.10	70.00	5.10	7.00	5.90	47.3%	5	411
38	1	53.4%	29.75	31.00	34.00	75.00	4.50	8.50	7.50	46.0%	3	306
797	2	51.1%	26.60	28.00	30.50	80.00	7.00	8.90	8.53	41.2%	7	4,436
725	1	50.4%	23.71	25.00	27.70	85.00	7.50	11.20	11.20	41.4%	29	767
243	1	53.2%	21.15	22.00	26.50	90.00	10.80	14.00	13.50	42.2%	9	1,565
808	1	49.3%	19.60	19.60	22.80	95.00	14.20	15.30	17.30	38.8%	501	1,063
EL $98.05
306	1	48.8%	15.99	17.50	20.60	100.00	16.70	17.80	17.00	37.9%	8	428
182	1	46.3%	15.36	15.00	17.70	105.00	17.80	21.70	21.20	39.6%	1	258
120	8	47.8%	13.80	13.00	16.70	110.00	22.10	23.60	23.09	36.4%	1	751
1,562	25	47.3%	12.20	11.30	15.00	115.00	0.00	0.00	33.50	—	80	0
580	12	45.2%	10.80	10.00	12.70	120.00	0.00	0.00	31.50	—	7	0
93	4	45.0%	9.40	8.30	11.40	125.00	0.00	0.00	34.50	—	5	0
85	2	44.8%	8.40	8.30	10.20	130.00	46.20	50.00	64.00	58.5%	1	4
58	1	45.0%	7.30	6.70	9.30	135.00	—	—	—	—	—	—
449	1	46.0%	6.70	6.40	8.80	140.00	54.50	59.00	49.10	60.2%	—	2
30	11	44.5%	5.70	5.60	7.40	145.00	—	—	—	—	—	—
88	2	45.9%	5.90	4.10	7.20	150.00	0.00	0.00	54.89	—	5	0
139	4	44.4%	4.40	4.30	6.00	155.00	—	—	—	—	—	—
83	5	42.9%	4.35	3.80	4.90	160.00	51.20	55.50	59.20	—	8	4
32	5	46.3%	3.50	2.20	5.50	165.00	66.10	69.40	68.85	36.1%	—	0
139	2	43.4%	3.10	2.00	4.10	170.00	—	—	—	—	—	—
324	1	43.4%	3.23	2.65	3.70	175.00	75.00	79.50	71.25	39.2%	—	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 EL put/call ratio?

For the January 21, 2028 expiration, the EL put/call ratio based on open interest is 1.99 (14,475 puts vs 7,288 calls), and 6.58 based on today's volume. A ratio above 1 means more puts than calls.

What is EL's implied volatility?

At-the-money implied volatility for EL options expiring January 21, 2028 is about 43.3%, an annualized estimate of how much the market expects Estee Lauder Companies stock to move.

How many EL option expiration dates are there?

EL has 13 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.