Coca-Cola (KO) Options Chain

NYSE: KOConsumer StaplesBeverages (Production/Distribution)USD

88.05+0.28 (+0.32%)

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

Expiration date

Expiration: Feb 19, 2027
Days to expiration: 131
Share price: $88.05
Put/call ratio (OI): 0.59
Put/call ratio (volume): 1.43
ATM implied volatility: 21.6%
Expected move: ±$11.39
Open interest (C / P): 21.89K / 13.01K

KO options summary

The KO options chain for the February 19, 2027 expiration lists 20 call and 14 put contracts, with 131 days until expiration. Open interest stands at 21,885 calls and 13,005 puts, a put/call ratio of 0.59, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $87.50 strike is 21.6%, which implies the market expects a move of about ±$11.39 (12.9%) in Coca-Cola stock by expiration.

The most open interest sits at the $87.50 call (9.00K contracts) and the $80.00 put (5.13K contracts).

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

KO options chain · February 19, 2027

KO 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
2	2	89.7%	27.65	35.00	38.85	55.00	0.00	0.13	0.10	38.8%	2	1
5	1	57.2%	28.55	27.80	29.70	60.00	0.01	0.18	0.10	34.2%	1	75
2	2	52.3%	23.70	22.40	25.15	65.00	0.14	0.25	0.19	29.8%	85	144
153	1	38.2%	18.80	18.15	19.55	70.00	0.12	0.36	0.37	25.6%	1	582
186	20	35.7%	17.04	15.80	17.25	72.50	0.38	0.60	0.56	25.5%	2	730
20	1	32.6%	15.75	13.65	14.90	75.00	0.59	0.80	0.62	24.1%	1	649
324	1	32.2%	10.31	11.45	13.00	77.50	0.85	1.02	0.92	22.4%	3	2,096
2,260	1	29.1%	10.03	9.15	10.75	80.00	1.22	1.42	1.33	21.4%	4	5,125
285	14	27.6%	6.70	7.45	8.85	82.50	1.77	2.13	1.86	21.3%	3	1,907
235	2	24.7%	6.35	6.05	6.80	85.00	2.45	2.88	2.63	20.4%	5	949
8,997	5	23.9%	5.07	4.55	5.30	87.50	3.45	3.80	3.57	19.3%	2	492
KO $88.05
937	7	22.8%	3.70	3.65	3.95	90.00	4.65	5.10	6.10	19.0%	1	143
496	25	22.3%	2.79	2.50	2.93	92.50	6.15	6.60	6.45	18.4%	50	111
4,969	12	21.4%	1.91	1.66	2.02	95.00	7.85	8.35	8.55	18.0%	2	1
1,179	2	21.7%	1.38	1.24	1.50	97.50	—	—	—	—	—	—
1,227	1	21.2%	0.65	0.69	1.00	100.00	—	—	—	—	—	—
546	1	21.7%	0.37	0.31	0.51	105.00	—	—	—	—	—	—
26	2	25.1%	0.18	0.14	0.46	110.00	—	—	—	—	—	—
27	12	23.7%	0.31	0.05	0.17	115.00	—	—	—	—	—	—
9	1	25.6%	0.07	0.00	0.13	120.00	—	—	—	—	—	—

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 KO put/call ratio?

For the February 19, 2027 expiration, the KO put/call ratio based on open interest is 0.59 (13,005 puts vs 21,885 calls), and 1.43 based on today's volume. A ratio above 1 means more puts than calls.

What is KO's implied volatility?

At-the-money implied volatility for KO options expiring February 19, 2027 is about 21.6%, an annualized estimate of how much the market expects Coca-Cola stock to move.

How many KO option expiration dates are there?

KO has 17 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.