Jefferies Financial Group (JEF) Options Chain

NYSE: JEFFinancial ServicesCapital MarketsUSD

44.38-0.02 (-0.05%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $44.38
Put/call ratio (OI): 3.20
Put/call ratio (volume): 7.44
ATM implied volatility: 43.8%
Expected move: ±$8.39
Open interest (C / P): 789 / 2.52K

JEF options summary

The JEF options chain for the December 18, 2026 expiration lists 16 call and 17 put contracts, with 68 days until expiration. Open interest stands at 789 calls and 2,522 puts, a put/call ratio of 3.20, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $45.00 strike is 43.8%, which implies the market expects a move of about ±$8.39 (18.9%) in Jefferies Financial Group stock by expiration.

The most open interest sits at the $55.00 call (260 contracts) and the $47.50 put (656 contracts).

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

JEF options chain · December 18, 2026

JEF 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
—	—	—	—	—	—	25.00	0.00	0.65	0.05	85.5%	10	17
—	—	—	—	—	—	30.00	0.00	0.70	0.10	63.4%	3	18
—	—	—	—	—	—	32.50	0.05	0.75	0.30	54.7%	12	164
—	—	—	—	—	—	35.00	0.30	0.65	0.47	51.5%	1	532
—	—	—	—	—	—	37.50	0.60	0.95	1.00	46.9%	2	11
9	31	216.4%	18.50	16.10	19.00	40.00	1.15	1.55	1.20	45.0%	6	12
0	1	50.3%	5.40	3.60	4.80	42.50	1.90	2.40	1.78	43.3%	1	301
JEF $44.38
3	1	44.0%	4.70	2.45	3.10	45.00	3.00	3.70	2.65	43.7%	1	279
26	20	43.2%	3.50	1.50	2.10	47.50	4.10	5.40	4.76	45.6%	575	656
82	1	43.1%	1.20	0.90	1.40	50.00	5.80	7.30	5.80	47.3%	2	20
18	1	43.8%	1.00	0.50	0.95	52.50	8.40	9.30	8.90	47.8%	1	388
260	1	44.7%	0.40	0.25	0.65	55.00	10.10	11.90	6.97	56.6%	3	41
7	1	51.7%	0.25	0.15	0.70	57.50	12.40	14.30	12.25	61.4%	1	17
207	1	57.2%	0.22	0.05	0.70	60.00	14.70	16.80	13.30	67.3%	1	20
26	5	52.4%	0.50	0.00	0.70	62.50	9.30	10.40	6.35	—	1	1
50	4	56.0%	0.29	0.00	0.65	65.00	12.50	14.30	9.70	—	—	5
10	3	60.1%	0.25	0.00	0.65	67.50	—	—	—	—	—	—
59	4	63.9%	0.21	0.00	0.65	70.00	—	—	—	—	—	—
3	2	74.1%	0.92	0.05	0.75	75.00	29.00	32.00	29.50	100.3%	5	40
15	4	75.3%	0.10	0.00	0.55	80.00	—	—	—	—	—	—
14	4	75.2%	0.25	0.05	0.30	85.00	—	—	—	—	—	—

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 JEF put/call ratio?

For the December 18, 2026 expiration, the JEF put/call ratio based on open interest is 3.20 (2,522 puts vs 789 calls), and 7.44 based on today's volume. A ratio above 1 means more puts than calls.

What is JEF's implied volatility?

At-the-money implied volatility for JEF options expiring December 18, 2026 is about 43.8%, an annualized estimate of how much the market expects Jefferies Financial Group stock to move.

How many JEF option expiration dates are there?

JEF has 7 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.