International Paper (IP) Options Chain
NYSE: IPBasic MaterialsPaperUSD
Market open · Delayed 15 min · as of Oct 9, 9:33 AM ET
Expiration date
- Expiration
- Jan 21, 2028
- Days to expiration
- 469
- Share price
- $31.54
- Put/call ratio (OI)
- 1.50
- Put/call ratio (volume)
- 1.27
- Expected move
- ±$0.2789
- Open interest (C / P)
- 3.07K / 4.62K
IP options summary
The IP options chain for the January 21, 2028 expiration lists 20 call and 16 put contracts, with 469 days until expiration. Open interest stands at 3,074 calls and 4,617 puts, a put/call ratio of 1.50, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $32.50 strike is 0.8%, which implies the market expects a move of about ±$0.2789 (0.9%) in International Paper stock by expiration.
The most open interest sits at the $55.00 call (599 contracts) and the $30.00 put (2.81K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
IP options chain · January 21, 2028
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 18.90 | 0.00 | 0.00 | 17.50 | 0.00 | 0.00 | 0.80 | |||||
| 15.00 | 0.00 | 0.00 | 20.00 | 0.00 | 0.00 | 1.30 | |||||
| 19.53 | 0.00 | 0.00 | 22.50 | 0.00 | 0.00 | 1.75 | |||||
| 9.27 | 0.00 | 0.00 | 25.00 | 0.00 | 0.00 | 2.57 | |||||
| 7.98 | 0.00 | 0.00 | 27.50 | 0.00 | 0.00 | 3.50 | |||||
| 6.32 | 0.00 | 0.00 | 30.00 | 0.00 | 0.00 | 4.70 | |||||
| 5.00 | 0.00 | 0.00 | 32.50 | 0.00 | 0.00 | 5.45 | |||||
| 3.88 | 0.00 | 0.00 | 35.00 | 0.00 | 0.00 | 7.25 | |||||
| 3.50 | 0.00 | 0.00 | 37.50 | 0.00 | 0.00 | 8.95 | |||||
| 2.61 | 0.00 | 0.00 | 40.00 | 0.00 | 0.00 | 7.63 | |||||
| 2.13 | 0.00 | 0.00 | 42.50 | 0.00 | 0.00 | 14.34 | |||||
| 1.94 | 0.00 | 0.00 | 45.00 | 0.00 | 0.00 | 14.31 | |||||
| 1.77 | 0.00 | 0.00 | 47.50 | 0.00 | 0.00 | 15.40 | |||||
| 1.35 | 0.00 | 0.00 | 50.00 | 16.60 | 21.50 | 21.60 | |||||
| 1.34 | 0.00 | 0.00 | 52.50 | — | — | — | |||||
| 1.00 | 0.00 | 0.00 | 55.00 | — | — | — | |||||
| 1.10 | 0.00 | 0.00 | 57.50 | 20.00 | 24.00 | 19.84 | |||||
| 0.85 | 0.00 | 0.00 | 60.00 | — | — | — | |||||
| 1.05 | 0.00 | 0.00 | 65.00 | 22.80 | 26.10 | 27.62 | |||||
| 1.20 | 0.00 | 0.00 | 70.00 | — | — | — | |||||
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 IP put/call ratio?
For the January 21, 2028 expiration, the IP put/call ratio based on open interest is 1.50 (4,617 puts vs 3,074 calls), and 1.27 based on today's volume. A ratio above 1 means more puts than calls.
What is IP's implied volatility?
At-the-money implied volatility for IP options expiring January 21, 2028 is about 0.8%, an annualized estimate of how much the market expects International Paper stock to move.
How many IP option expiration dates are there?
IP has 15 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.