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: Jan 21, 2028
Days to expiration: 468
Share price: $31.76
Put/call ratio (OI): 0.28
Put/call ratio (volume): 1.90
ATM implied volatility: 45.6%
Expected move: ±$16.40
Open interest (C / P): 4.03K / 1.11K

KDP options summary

The KDP options chain for the January 21, 2028 expiration lists 13 call and 11 put contracts, with 468 days until expiration. Open interest stands at 4,033 calls and 1,114 puts, a put/call ratio of 0.28, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $32.00 strike is 45.6%, which implies the market expects a move of about ±$16.40 (51.6%) in Keurig Dr Pepper stock by expiration.

The most open interest sits at the $40.00 call (2.12K contracts) and the $25.00 put (352 contracts).

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

KDP options chain · January 21, 2028

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
92	2	51.7%	15.90	16.30	18.40	15.00	0.15	0.45	0.25	48.1%	92	116
14	1	52.2%	13.60	12.50	17.50	18.00	0.00	0.00	0.58	12.5%	11	0
66	2	74.6%	11.92	10.60	15.50	20.00	0.30	0.65	0.55	36.0%	2	97
64	3	58.7%	9.75	9.10	12.30	23.00	0.80	1.00	1.01	32.1%	1	107
258	4	46.8%	7.90	7.70	9.90	25.00	0.00	2.45	1.25	40.6%	11	352
44	5	45.1%	6.78	6.00	8.60	27.00	1.50	1.95	2.04	29.4%	1	267
431	1	37.3%	4.80	4.30	6.10	30.00	2.55	3.10	3.12	28.2%	4	28
KDP $31.76
529	2	50.0%	3.85	3.80	7.00	32.00	1.00	6.00	4.00	41.2%	2	47
260	1	31.6%	2.67	2.60	3.30	35.00	0.00	0.00	5.90	—	8	0
0	5	3.1%	2.73	0.00	0.00	37.00	4.00	9.00	6.35	39.1%	1	66
2,115	1	30.9%	1.45	1.30	1.90	40.00	6.50	11.50	12.00	41.1%	2	34
102	39	36.7%	0.95	0.05	1.75	45.00	—	—	—	—	—	—
58	5	31.7%	0.50	0.30	0.70	50.00	—	—	—	—	—	—

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 January 21, 2028 expiration, the KDP put/call ratio based on open interest is 0.28 (1,114 puts vs 4,033 calls), and 1.90 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 January 21, 2028 is about 45.6%, 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.