Gap (GAP) Options Chain

NYSE: GAPConsumer DiscretionaryClothing/Shoe/Accessory StoresUSD

23.23-0.13 (-0.56%)

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

Expiration date

Expiration: Oct 23, 2026
Days to expiration: 13
Share price: $23.23
Put/call ratio (OI): 0.38
Put/call ratio (volume): 2.13
ATM implied volatility: 44.5%
Expected move: ±$1.95
Open interest (C / P): 1.94K / 731

GAP options summary

The GAP options chain for the October 23, 2026 expiration lists 24 call and 16 put contracts, with 13 days until expiration. Open interest stands at 1,936 calls and 731 puts, a put/call ratio of 0.38, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $23.00 strike is 44.5%, which implies the market expects a move of about ±$1.95 (8.4%) in Gap stock by expiration.

The most open interest sits at the $24.00 call (907 contracts) and the $20.00 put (126 contracts).

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

GAP options chain · October 23, 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
0	1	203.7%	9.23	8.35	10.80	14.00	—	—	—	—	—	—
—	—	—	—	—	—	17.00	0.00	0.44	0.14	123.2%	9	7
—	—	—	—	—	—	17.50	0.00	0.44	0.09	114.3%	1	14
—	—	—	—	—	—	18.00	0.01	0.13	0.05	80.1%	1	64
0	10	124.0%	4.85	4.00	5.20	18.50	0.01	0.08	0.04	66.8%	128	66
0	10	52.3%	5.20	3.65	4.85	19.00	0.01	0.10	0.06	62.5%	6	116
1	5	104.3%	4.25	3.00	4.20	19.50	0.00	0.23	0.02	66.4%	82	114
1	1	68.8%	3.25	2.35	4.50	20.00	0.01	0.10	0.03	57.0%	28	126
26	5	55.3%	3.28	2.55	3.20	20.50	0.00	0.05	0.06	41.8%	4	57
0	17	75.5%	2.56	1.96	2.71	21.00	0.05	0.08	0.15	39.8%	1	62
19	1	66.8%	1.96	1.72	2.23	21.50	0.10	0.30	0.22	52.5%	1	28
72	1	51.3%	1.86	1.32	1.65	22.00	0.14	0.29	0.27	42.5%	3	41
14	3	49.1%	1.23	0.60	1.29	22.50	0.29	0.46	0.38	43.2%	2	7
230	1	46.5%	0.87	0.55	0.96	23.00	0.48	0.66	0.53	42.6%	24	2
GAP $23.23
104	20	44.8%	0.56	0.34	0.69	23.50	0.72	0.93	0.82	43.2%	3	14
907	11	54.1%	0.42	0.30	0.66	24.00	1.02	1.27	1.10	44.9%	9	12
55	4	42.2%	0.34	0.15	0.31	24.50	—	—	—	—	—	—
178	10	41.8%	0.15	0.13	0.20	25.00	—	—	—	—	—	—
206	5	45.0%	0.10	0.01	0.16	25.50	—	—	—	—	—	—
53	11	49.0%	0.06	0.03	0.14	26.00	—	—	—	—	—	—
30	8	50.0%	0.06	0.00	0.10	26.50	—	—	—	—	—	—
25	10	56.3%	0.06	0.00	0.11	27.00	3.40	4.60	4.39	69.3%	—	1
5	2	79.7%	0.12	0.00	0.45	28.00	—	—	—	—	—	—
3	2	89.8%	0.06	0.00	0.45	29.00	—	—	—	—	—	—
3	2	107.4%	0.41	0.00	0.44	31.00	—	—	—	—	—	—
3	1	115.8%	0.13	0.00	0.44	32.00	—	—	—	—	—	—
1	1	135.9%	0.72	0.00	0.64	33.00	—	—	—	—	—	—

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 GAP put/call ratio?

For the October 23, 2026 expiration, the GAP put/call ratio based on open interest is 0.38 (731 puts vs 1,936 calls), and 2.13 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 23, 2026 is about 44.5%, an annualized estimate of how much the market expects Gap stock to move.

How many GAP option expiration dates are there?

GAP 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.