Intrepid Potash (IPI) Options Chain

NYSE: IPIIndustrialsMining & Quarrying of Nonmetallic Minerals (No Fuels)USD

32.53-0.525 (-1.59%)

Market open · Delayed 15 min · as of Oct 9, 1:15 PM ET

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $32.50
Put/call ratio (OI): 0.48
Put/call ratio (volume): 0.42
ATM implied volatility: 54.2%
Expected move: ±$2.44
Open interest (C / P): 473 / 229

IPI options summary

The IPI options chain for the October 16, 2026 expiration lists 17 call and 13 put contracts, with 7 days until expiration. Open interest stands at 473 calls and 229 puts, a put/call ratio of 0.48, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $32.00 strike is 54.2%, which implies the market expects a move of about ±$2.44 (7.5%) in Intrepid Potash stock by expiration.

The most open interest sits at the $44.00 call (215 contracts) and the $30.00 put (53 contracts).

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

IPI options chain · October 16, 2026

IPI 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
1	1	81.6%	10.60	2.25	3.90	30.00	0.05	0.45	0.45	57.6%	2	53
1	1	67.3%	4.70	1.35	2.95	31.00	0.05	0.65	0.25	67.3%	2	26
3	1	56.8%	2.00	0.75	1.95	32.00	0.30	0.75	1.05	51.5%	1	1
IPI $32.50
13	10	63.9%	0.85	0.40	1.00	33.00	0.70	1.10	1.00	42.7%	1	6
—	—	—	—	—	—	34.00	1.55	1.95	1.35	52.5%	4	7
15	12	55.3%	0.55	0.05	0.50	35.00	1.55	3.10	1.95	77.2%	1	23
2	1	63.5%	0.30	0.00	0.45	36.00	2.40	4.00	3.22	84.6%	1	36
1	—	79.1%	4.90	0.00	0.55	37.00	3.10	5.00	4.47	97.3%	11	28
5	1	89.8%	0.50	0.00	0.55	38.00	4.20	6.00	5.70	109.0%	3	27
30	10	104.7%	0.05	0.00	0.65	39.00	5.10	7.00	1.82	120.0%	1	0
58	13	114.5%	0.28	0.00	0.65	40.00	6.10	7.90	6.74	121.7%	2	21
14	10	121.1%	0.17	0.00	0.60	41.00	—	—	—	—	—	—
46	1	129.9%	0.40	0.00	0.60	42.00	7.90	10.00	8.41	149.8%	2	1
32	1	138.3%	0.10	0.00	0.60	43.00	—	—	—	—	—	—
215	2	146.3%	0.05	0.00	0.60	44.00	—	—	—	—	—	—
26	2	154.1%	0.05	0.00	0.60	45.00	10.90	13.00	11.00	175.8%	1	0
0	—	161.5%	0.92	0.00	0.60	46.00	—	—	—	—	—	—
11	10	168.8%	0.55	0.00	0.60	47.00	—	—	—	—	—	—

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 IPI put/call ratio?

For the October 16, 2026 expiration, the IPI put/call ratio based on open interest is 0.48 (229 puts vs 473 calls), and 0.42 based on today's volume. A ratio above 1 means more puts than calls.

What is IPI's implied volatility?

At-the-money implied volatility for IPI options expiring October 16, 2026 is about 54.2%, an annualized estimate of how much the market expects Intrepid Potash stock to move.

How many IPI option expiration dates are there?

IPI has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.