Gap (GAP) Options Chain

NYSE: GAPConsumer DiscretionaryClothing/Shoe/Accessory StoresUSD

23.12-0.24 (-1.03%)

Market open · Delayed 15 min · as of Oct 9, 10:21 AM ET

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 0
Share price: $23.12
Put/call ratio (OI): 0.85
Put/call ratio (volume): 3.73
ATM implied volatility: 73.6%
Expected move: ±$0.8911
Open interest (C / P): 2.26K / 1.93K

GAP options summary

The GAP options chain for the October 9, 2026 expiration lists 24 call and 23 put contracts, expiring today. Open interest stands at 2,256 calls and 1,927 puts, a put/call ratio of 0.85, which is fairly balanced between calls and puts. At-the-money implied volatility near the $23.00 strike is 73.6%, which implies the market expects a move of about ±$0.8911 (3.9%) in Gap stock by expiration.

The most open interest sits at the $24.00 call (1.11K contracts) and the $23.00 put (602 contracts).

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

GAP options chain · October 9, 2026

GAP 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
65	14	446.9%	8.16	8.05	8.30	15.00	0.00	0.42	0.27	590.6%	—	2
53	120	378.1%	7.57	7.50	7.80	15.50	0.00	0.62	0.01	614.8%	1	2
—	—	—	—	—	—	16.00	0.00	0.42	0.44	518.8%	1	3
—	—	—	—	—	—	16.50	0.00	0.42	0.47	484.4%	—	1
—	—	—	—	—	—	17.00	0.00	0.42	0.03	450.0%	7	10
47	2	453.1%	5.54	5.20	5.90	17.50	0.00	0.42	0.01	417.2%	1	64
39	35	518.0%	5.65	4.45	5.65	18.00	0.00	0.22	0.03	326.6%	2	63
—	—	—	—	—	—	18.50	0.00	0.42	0.01	352.3%	1	36
12	11	156.3%	4.60	3.60	4.65	19.00	0.00	0.42	0.01	321.1%	3	201
11	9	181.3%	4.16	3.05	4.25	19.50	0.00	0.42	0.05	289.1%	5	178
4	4	284.4%	3.20	2.80	4.00	20.00	0.00	0.07	0.01	164.1%	9	168
2	2	215.6%	2.72	2.20	3.40	20.50	0.00	0.62	0.01	261.3%	20	43
5	3	125.0%	2.25	1.79	2.54	21.00	0.00	0.42	0.01	195.3%	48	151
3	2	79.7%	1.68	1.26	2.01	21.50	0.00	0.42	0.02	163.3%	83	101
0	30	75.8%	1.18	0.85	1.48	22.00	0.00	0.07	0.02	71.1%	1	81
3	6	81.6%	0.80	0.29	1.26	22.50	0.00	0.52	0.01	107.4%	114	163
17	1	56.3%	0.24	0.15	0.52	23.00	0.01	0.75	0.13	91.0%	1,018	602
GAP $23.12
363	12	55.1%	0.03	0.03	0.12	23.50	0.05	0.84	0.39	129.7%	1	34
1,115	2	78.1%	0.13	0.00	0.19	24.00	0.73	1.00	1.00	85.9%	1	23
143	2	140.6%	0.03	0.00	0.43	24.50	—	—	—	—	—	—
223	1	68.8%	0.06	0.00	0.01	25.00	1.51	2.26	4.09	68.8%	—	1
108	92	191.0%	0.02	0.00	0.42	25.50	—	—	—	—	—	—
13	4	432.0%	0.02	0.00	2.12	26.00	2.45	3.65	3.40	200.8%	1	0
17	2	214.1%	0.01	0.00	0.30	26.50	—	—	—	—	—	—
5	—	489.4%	1.07	0.00	2.13	27.00	3.70	4.30	3.54	221.1%	1	0
2	—	588.3%	0.03	0.00	2.13	29.00	—	—	—	—	—	—
5	—	632.8%	0.88	0.00	2.13	30.00	—	—	—	—	—	—
1	—	850.8%	0.36	0.00	2.13	36.00	11.80	13.95	12.65	852.3%	1	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 GAP put/call ratio?

For the October 9, 2026 expiration, the GAP put/call ratio based on open interest is 0.85 (1,927 puts vs 2,256 calls), and 3.73 based on today's volume. A ratio above 1 means more puts than calls.

What is GAP's implied volatility?

At-the-money implied volatility for GAP options expiring October 9, 2026 is about 73.6%, an annualized estimate of how much the market expects Gap stock to move.

How many GAP option expiration dates are there?

GAP has 14 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.