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: Mar 19, 2027
Days to expiration: 160
Share price: $88.05
Put/call ratio (OI): 0.80
Put/call ratio (volume): 0.48
ATM implied volatility: 22.0%
Expected move: ±$12.83
Open interest (C / P): 24.75K / 19.90K

KO options summary

The KO options chain for the March 19, 2027 expiration lists 23 call and 23 put contracts, with 160 days until expiration. Open interest stands at 24,752 calls and 19,904 puts, a put/call ratio of 0.80, which is fairly balanced between calls and puts. At-the-money implied volatility near the $87.50 strike is 22.0%, which implies the market expects a move of about ±$12.83 (14.6%) in Coca-Cola stock by expiration.

The most open interest sits at the $95.00 call (6.69K contracts) and the $77.50 put (4.52K contracts).

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

KO options chain · March 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
3	1	121.5%	45.50	50.65	53.30	40.00	0.00	0.17	0.10	52.7%	—	0
—	—	—	—	—	—	42.50	0.00	0.42	0.33	56.1%	—	1
—	—	—	—	—	—	45.00	0.00	1.01	0.38	61.1%	—	2
—	—	—	—	—	—	47.50	0.00	2.27	0.25	68.3%	2	20
27	8	65.8%	38.46	37.35	39.35	50.00	0.00	0.33	0.05	48.5%	3	26
0	1	—	24.50	23.10	26.95	55.00	0.00	0.18	0.15	37.1%	2	80
100	2	50.4%	27.00	27.90	29.55	60.00	0.01	0.26	0.18	33.2%	1	156
50	1	41.9%	21.70	23.10	24.50	65.00	0.04	0.37	0.40	29.3%	6	1,444
342	550	39.7%	21.92	20.75	22.20	67.50	0.33	0.44	0.40	27.4%	1	1,266
2,483	1	37.7%	18.05	18.40	19.95	70.00	0.46	0.56	0.55	25.9%	1	1,696
1,309	21	34.2%	15.60	16.65	17.50	72.50	0.64	0.77	0.71	24.9%	25	1,045
222	1	32.8%	13.47	13.90	15.40	75.00	0.88	1.18	0.99	25.0%	2	1,442
586	4	30.1%	11.65	11.80	13.15	77.50	1.20	1.39	1.30	22.9%	164	4,521
515	1	28.3%	10.70	10.45	11.10	80.00	1.47	1.91	1.74	22.2%	14	2,967
715	5	27.3%	7.50	7.95	9.30	82.50	2.01	2.59	2.33	21.7%	21	2,110
2,806	19	24.3%	7.10	6.90	7.20	85.00	3.05	3.25	3.15	20.2%	17	1,055
728	7	24.1%	5.65	5.40	5.85	87.50	3.95	4.35	4.30	19.9%	87	1,312
KO $88.05
1,759	21	22.9%	4.40	4.00	4.45	90.00	5.10	5.60	5.60	19.4%	1	582
733	3	22.6%	3.30	3.10	3.45	92.50	6.50	7.00	7.10	18.6%	3	79
6,692	70	22.3%	2.39	2.28	2.60	95.00	8.30	9.60	9.40	22.5%	7	38
1,201	6	22.1%	1.70	1.61	1.95	97.50	10.00	11.55	11.66	22.9%	1	58
3,196	15	21.5%	1.22	1.13	1.35	100.00	12.00	13.00	12.85	19.6%	1	4
261	1	22.6%	0.67	0.47	0.84	105.00	—	—	—	—	—	—
950	9	21.6%	0.31	0.26	0.36	110.00	—	—	—	—	—	—
69	2	23.2%	0.23	0.01	0.26	115.00	36.50	41.50	38.15	87.8%	—	0
5	2	24.3%	0.06	0.00	0.17	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 March 19, 2027 expiration, the KO put/call ratio based on open interest is 0.80 (19,904 puts vs 24,752 calls), and 0.48 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 March 19, 2027 is about 22.0%, 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.