LATAM Airlines Group S.A. (LTM) Options Chain

NYSE: LTMConsumer DiscretionaryAir Freight/Delivery ServicesUSD

50.25-0.19 (-0.38%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $50.25
Put/call ratio (OI): 0.59
Put/call ratio (volume): 0.27
ATM implied volatility: 55.3%
Expected move: ±$12.00
Open interest (C / P): 1.39K / 816

LTM options summary

The LTM options chain for the December 18, 2026 expiration lists 11 call and 10 put contracts, with 68 days until expiration. Open interest stands at 1,387 calls and 816 puts, a put/call ratio of 0.59, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $50.00 strike is 55.3%, which implies the market expects a move of about ±$12.00 (23.9%) in LATAM Airlines Group S.A. stock by expiration.

The most open interest sits at the $60.00 call (652 contracts) and the $45.00 put (325 contracts).

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

LTM options chain · December 18, 2026

LTM 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
9	1	54.7%	21.00	18.60	22.00	30.00	—	—	—	—	—	—
0	2	—	16.40	0.00	0.00	35.00	0.00	0.00	1.86	25.0%	1	0
64	25	85.9%	18.80	11.00	15.00	40.00	0.00	0.00	1.25	12.5%	1	0
40	2	93.8%	15.52	9.40	11.80	45.00	0.55	3.20	1.60	66.0%	2	325
473	8	56.2%	2.75	2.85	5.00	50.00	2.15	4.60	2.50	54.5%	1	285
LTM $50.25
84	2	52.8%	2.06	0.75	2.80	55.00	4.90	8.00	7.20	58.1%	5	61
652	400	52.3%	0.70	0.00	1.55	60.00	7.80	10.90	12.35	46.4%	1	34
63	5	91.7%	2.62	1.85	5.20	65.00	11.50	14.60	11.30	—	14	65
0	5	54.8%	0.25	0.00	1.05	70.00	15.80	19.10	17.60	—	4	46
0	1	25.0%	0.99	0.00	0.00	75.00	20.10	23.90	19.04	—	92	0
2	—	102.0%	1.31	0.00	4.20	80.00	25.00	29.00	23.50	—	2	0

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 LTM put/call ratio?

For the December 18, 2026 expiration, the LTM put/call ratio based on open interest is 0.59 (816 puts vs 1,387 calls), and 0.27 based on today's volume. A ratio above 1 means more puts than calls.

What is LTM's implied volatility?

At-the-money implied volatility for LTM options expiring December 18, 2026 is about 55.3%, an annualized estimate of how much the market expects LATAM Airlines Group S.A. stock to move.

How many LTM option expiration dates are there?

LTM has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.

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.