General Dynamics (GD) Options Chain

NYSE: GDIndustrialsMarine TransportationUSD

331.27+2.96 (+0.90%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $331.27
Put/call ratio (OI): 0.55
Put/call ratio (volume): 0.75
ATM implied volatility: 25.2%
Expected move: ±$94.42
Open interest (C / P): 2.03K / 1.11K

GD options summary

The GD options chain for the January 21, 2028 expiration lists 41 call and 31 put contracts, with 468 days until expiration. Open interest stands at 2,031 calls and 1,109 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $330.00 strike is 25.2%, which implies the market expects a move of about ±$94.42 (28.5%) in General Dynamics stock by expiration.

The most open interest sits at the $380.00 call (421 contracts) and the $340.00 put (213 contracts).

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

GD options chain · January 21, 2028

GD 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
—	—	—	—	—	—	155.00	0.00	2.90	1.00	43.4%	10	12
1	1	53.8%	176.00	174.00	179.00	160.00	0.00	1.35	1.12	35.9%	10	10
2	2	54.8%	182.50	170.50	175.50	165.00	0.00	3.40	2.80	41.8%	1	1
1	—	69.5%	188.00	178.50	183.50	170.00	0.00	0.00	2.00	12.5%	—	0
—	—	—	—	—	—	180.00	0.00	3.20	1.90	36.8%	1	5
0	1	—	204.00	0.00	0.00	185.00	—	—	—	—	—	—
2	2	47.3%	193.60	146.50	151.50	190.00	0.00	3.20	1.62	34.0%	1	4
1	—	45.6%	144.40	142.00	146.50	195.00	0.00	3.30	1.75	33.0%	1	7
13	3	44.7%	138.50	137.50	142.00	200.00	0.05	3.40	1.90	31.9%	1	8
2	1	51.3%	124.18	137.50	142.00	210.00	0.65	3.50	2.45	29.6%	1	206
0	1	—	183.03	0.00	0.00	220.00	3.00	7.90	8.30	34.4%	6	11
8	3	40.0%	110.85	111.00	116.00	230.00	1.20	4.20	4.50	26.0%	2	8
8	1	38.5%	98.99	102.50	107.50	240.00	2.00	5.80	4.93	26.1%	1	20
22	1	36.8%	91.00	94.50	99.00	250.00	3.50	7.00	5.64	25.2%	2	166
29	10	35.6%	86.38	86.30	91.00	260.00	0.00	0.00	11.18	3.1%	2	0
5	1	71.4%	96.50	125.50	130.50	270.00	6.50	10.40	6.07	23.8%	9	51
3	1	33.0%	98.90	71.00	75.50	280.00	0.00	0.00	7.00	3.1%	1	0
25	1	32.2%	87.48	64.00	68.50	290.00	11.00	15.10	14.29	22.6%	1	29
45	1	31.1%	57.15	57.90	61.50	300.00	14.10	18.50	17.53	22.3%	1	25
11	1	30.5%	52.50	50.50	55.50	310.00	17.00	22.00	15.15	21.8%	2	23
38	1	30.1%	53.50	45.00	50.00	320.00	21.00	26.00	24.90	21.3%	1	33
28	43	29.5%	37.80	39.90	44.50	330.00	25.50	30.50	22.55	20.9%	16	54
GD $331.27
40	2	28.9%	37.50	34.50	39.50	340.00	30.60	35.00	36.30	20.1%	2	213
66	8	28.5%	32.00	30.50	35.00	350.00	36.00	40.50	33.10	19.7%	2	120
97	1	28.2%	36.54	26.00	31.00	360.00	41.50	46.50	44.23	19.3%	1	53
150	8	27.7%	25.90	22.50	27.00	370.00	48.00	53.00	36.95	18.8%	10	24
421	1	27.3%	21.90	19.00	23.50	380.00	55.00	59.50	45.38	18.0%	20	22
83	3	27.0%	34.66	16.00	20.50	390.00	62.00	67.00	50.00	17.6%	1	4
105	1	26.9%	15.15	13.20	18.00	400.00	0.00	0.00	40.05	—	1	0
28	3	26.9%	13.30	11.10	16.00	410.00	72.50	77.50	64.30	—	—	0
115	1	26.8%	19.57	9.00	14.00	420.00	87.50	92.00	55.26	16.4%	1	0
108	1	26.5%	9.40	7.80	12.00	430.00	60.50	64.50	72.80	—	2	0
370	1	26.5%	7.20	6.10	10.50	440.00	—	—	—	—	—	—
24	1	26.8%	10.80	4.50	9.50	450.00	—	—	—	—	—	—
7	2	26.9%	15.40	3.50	8.50	460.00	—	—	—	—	—	—
22	20	26.9%	11.38	2.50	7.50	470.00	—	—	—	—	—	—
9	3	33.5%	7.50	8.00	13.00	480.00	—	—	—	—	—	—
12	1	27.2%	3.55	1.00	6.00	490.00	—	—	—	—	—	—
19	1	27.0%	3.73	0.50	5.10	500.00	—	—	—	—	—	—
93	3	27.0%	1.85	0.25	3.90	520.00	—	—	—	—	—	—
11	6	27.7%	2.88	0.00	3.40	540.00	—	—	—	—	—	—
1	1	28.6%	1.01	1.55	3.10	560.00	—	—	—	—	—	—
6	4	29.8%	2.60	0.00	2.95	580.00	—	—	—	—	—	—

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 GD put/call ratio?

For the January 21, 2028 expiration, the GD put/call ratio based on open interest is 0.55 (1,109 puts vs 2,031 calls), and 0.75 based on today's volume. A ratio above 1 means more puts than calls.

What is GD's implied volatility?

At-the-money implied volatility for GD options expiring January 21, 2028 is about 25.2%, an annualized estimate of how much the market expects General Dynamics stock to move.

How many GD option expiration dates are there?

GD has 15 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.