Keurig Dr Pepper (KDP) Options Chain

NASDAQ: KDPConsumer StaplesBeverages (Production/Distribution)USD

31.76+0.50 (+1.60%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $31.76
Put/call ratio (OI): 0.22
Put/call ratio (volume): 0.24
ATM implied volatility: 41.1%
Expected move: ±$5.64
Open interest (C / P): 7.80K / 1.74K

KDP options summary

The KDP options chain for the December 18, 2026 expiration lists 21 call and 15 put contracts, with 68 days until expiration. Open interest stands at 7,799 calls and 1,737 puts, a put/call ratio of 0.22, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $32.00 strike is 41.1%, which implies the market expects a move of about ±$5.64 (17.8%) in Keurig Dr Pepper stock by expiration.

The most open interest sits at the $34.00 call (4.50K contracts) and the $27.00 put (330 contracts).

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

KDP options chain · December 18, 2026

KDP 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
0	35	79.7%	16.35	14.80	18.80	15.00	0.00	2.75	0.20	175.8%	—	30
0	1	—	9.80	0.00	0.00	20.00	0.00	0.15	0.05	57.0%	1	39
—	—	—	—	—	—	22.00	0.00	0.20	0.12	57.0%	1	9
49	1	88.0%	7.30	8.90	10.90	23.00	0.00	0.80	0.55	61.6%	2	58
—	—	—	—	—	—	24.00	0.00	1.25	0.17	63.9%	4	4
0	2	—	6.31	0.00	0.00	25.00	0.00	0.80	0.15	62.7%	1	131
2	2	62.4%	5.39	4.90	6.80	26.00	0.15	1.45	0.17	55.9%	1	52
27	1	74.0%	5.06	3.80	6.60	27.00	0.15	0.30	0.30	34.1%	1	330
27	2	61.5%	4.00	3.60	5.40	28.00	0.20	0.70	0.40	39.8%	1	45
47	33	51.3%	4.80	3.90	4.70	29.00	0.00	1.00	0.74	39.9%	3	92
257	10	47.2%	2.35	2.20	3.50	30.00	0.65	0.85	0.86	29.4%	1	161
197	38	66.5%	1.80	1.60	4.00	31.00	0.05	1.95	1.35	42.5%	28	308
KDP $31.76
330	19	40.1%	1.55	1.00	2.10	32.00	0.75	2.45	1.95	42.2%	5	205
618	4	30.3%	0.85	1.00	1.15	33.00	2.00	2.20	2.45	26.7%	18	258
4,504	38	30.7%	0.75	0.65	0.85	34.00	—	—	—	—	—	—
452	2	32.8%	0.34	0.25	0.70	35.00	3.00	5.00	4.20	54.0%	4	15
263	12	42.0%	0.27	0.00	0.90	36.00	—	—	—	—	—	—
477	1	32.7%	0.20	0.15	0.35	37.00	—	—	—	—	—	—
35	1	43.5%	0.16	0.05	0.60	38.00	—	—	—	—	—	—
1	—	39.8%	0.30	0.00	0.35	39.00	—	—	—	—	—	—
264	20	37.2%	0.10	0.05	0.20	40.00	—	—	—	—	—	—
168	60	40.3%	0.05	0.00	0.15	42.00	—	—	—	—	—	—
81	10	55.4%	0.08	0.00	0.30	45.00	—	—	—	—	—	—

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 KDP put/call ratio?

For the December 18, 2026 expiration, the KDP put/call ratio based on open interest is 0.22 (1,737 puts vs 7,799 calls), and 0.24 based on today's volume. A ratio above 1 means more puts than calls.

What is KDP's implied volatility?

At-the-money implied volatility for KDP options expiring December 18, 2026 is about 41.1%, an annualized estimate of how much the market expects Keurig Dr Pepper stock to move.

How many KDP option expiration dates are there?

KDP has 10 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.