Gray Media (GTN) Options Chain
NYSE: GTNIndustrialsBroadcastingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $4.54
- Put/call ratio (OI)
- 1.42
- Put/call ratio (volume)
- 0.64
- Expected move
- ±$1.24
- Open interest (C / P)
- 2.10K / 2.99K
GTN options summary
The GTN options chain for the December 18, 2026 expiration lists 4 call and 4 put contracts, with 68 days until expiration. Open interest stands at 2,102 calls and 2,991 puts, a put/call ratio of 1.42, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $5.00 strike is 63.4%, which implies the market expects a move of about ±$1.24 (27.4%) in Gray Media stock by expiration.
The most open interest sits at the $7.50 call (966 contracts) and the $2.50 put (2.81K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
GTN options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 2.30 | 1.55 | 2.85 | 2.50 | 0.00 | 0.25 | 0.08 | |||||
| 0.32 | 0.10 | 0.55 | 5.00 | 0.70 | 0.85 | 0.86 | |||||
| 0.08 | 0.00 | 0.85 | 7.50 | 1.35 | 4.00 | 3.80 | |||||
| 0.05 | 0.00 | 0.50 | 10.00 | 3.70 | 6.50 | 6.25 | |||||
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 GTN put/call ratio?
For the December 18, 2026 expiration, the GTN put/call ratio based on open interest is 1.42 (2,991 puts vs 2,102 calls), and 0.64 based on today's volume. A ratio above 1 means more puts than calls.
What is GTN's implied volatility?
At-the-money implied volatility for GTN options expiring December 18, 2026 is about 63.4%, an annualized estimate of how much the market expects Gray Media stock to move.
How many GTN option expiration dates are there?
GTN has 5 listed expiration dates, from Oct 16, 2026 to May 21, 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.