Mastercard (MA) Options Chain

NYSE: MAConsumer DiscretionaryBusiness ServicesUSD

589.14+15.25 (+2.66%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $589.14
Put/call ratio (OI): 1.04
Put/call ratio (volume): 1.10
ATM implied volatility: 23.7%
Expected move: ±$71.68
Open interest (C / P): 13.02K / 13.58K

MA options summary

The MA options chain for the January 15, 2027 expiration lists 73 call and 68 put contracts, with 96 days until expiration. Open interest stands at 13,022 calls and 13,582 puts, a put/call ratio of 1.04, which is fairly balanced between calls and puts. At-the-money implied volatility near the $590.00 strike is 23.7%, which implies the market expects a move of about ±$71.68 (12.2%) in Mastercard stock by expiration.

The most open interest sits at the $550.00 call (1.27K contracts) and the $570.00 put (816 contracts).

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

MA options chain · January 15, 2027

MA 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	—	—	310.00	0.00	0.00	240.00	0.00	0.15	0.05	61.1%	1	133
21	1	97.2%	320.73	339.20	345.80	250.00	0.00	4.90	0.04	91.7%	2	81
4	2	—	241.00	240.60	246.40	260.00	0.00	2.90	1.65	80.4%	1	20
1	1	90.9%	297.42	319.00	326.60	270.00	0.00	4.30	0.20	82.3%	2	112
16	1	—	315.55	275.00	283.00	280.00	0.00	4.30	0.30	78.9%	3	176
2	2	—	229.70	238.30	243.20	290.00	0.00	6.90	0.60	82.6%	7	206
0	1	—	279.20	0.00	0.00	300.00	0.00	1.70	0.30	62.2%	1	83
—	—	—	—	—	—	310.00	0.00	0.00	0.20	25.0%	1	0
19	1	—	263.10	258.90	267.00	320.00	0.00	0.00	0.30	25.0%	2	0
25	1	—	200.00	161.70	167.70	330.00	1.80	3.80	3.20	66.5%	3	28
10	1	—	169.31	164.50	170.20	340.00	0.00	0.85	0.41	51.7%	1	98
3	4	—	164.33	155.20	160.60	350.00	0.00	0.25	0.25	41.8%	1	208
3	3	90.2%	175.78	241.00	248.60	360.00	0.00	0.00	0.70	25.0%	1	0
1	1	64.2%	204.35	222.20	227.20	370.00	0.00	4.50	0.35	52.8%	2	661
8	5	61.5%	191.88	212.30	217.30	380.00	0.00	3.50	0.55	55.0%	1	467
8	1	59.0%	212.00	202.50	207.50	390.00	0.00	2.30	0.78	47.9%	4	203
33	1	56.4%	158.00	192.60	197.60	400.00	0.00	1.30	0.55	40.8%	5	507
—	—	—	—	—	—	405.00	0.25	1.15	0.30	38.8%	1	92
11	2	54.0%	183.20	182.80	187.80	410.00	0.05	1.15	1.05	37.7%	4	263
3	1	52.8%	140.10	177.90	182.90	415.00	0.90	2.00	5.40	40.6%	11	23
40	4	51.9%	173.50	173.30	178.00	420.00	0.35	0.90	0.80	34.1%	2	464
2	1	—	87.00	122.80	127.60	425.00	0.35	1.50	1.80	36.2%	1	25
69	2	34.4%	141.00	153.60	160.50	430.00	0.40	1.60	1.33	35.5%	1	333
14	2	66.4%	124.60	169.40	174.30	435.00	0.45	1.45	1.00	33.8%	18	67
23	1	51.7%	161.92	154.30	158.50	440.00	0.60	1.50	1.10	32.9%	14	225
5	1	63.6%	107.30	159.50	165.10	445.00	0.70	2.00	2.40	33.7%	1	91
70	5	49.3%	126.75	143.80	148.80	450.00	0.85	2.40	1.60	33.9%	2	588
8	2	48.1%	108.59	139.00	144.00	455.00	0.85	2.55	2.35	33.3%	1	71
51	2	47.0%	114.12	134.20	139.20	460.00	1.10	2.70	3.42	32.5%	1	720
40	10	45.7%	107.30	130.20	134.30	465.00	1.25	2.80	2.39	31.7%	1	64
67	17	44.4%	102.70	125.60	129.40	470.00	0.75	2.30	2.15	29.2%	2	436
40	1	43.6%	94.35	120.60	124.80	475.00	1.10	2.20	2.36	27.8%	3	87
113	1	42.1%	97.11	115.10	119.80	480.00	1.80	3.20	3.00	29.2%	5	509
0	5	41.5%	105.88	110.40	115.40	485.00	2.05	2.80	2.75	27.1%	1	108
120	1	40.3%	80.00	106.50	110.60	490.00	1.85	3.10	3.00	26.7%	8	434
0	5	39.4%	96.73	101.10	106.00	495.00	2.50	3.70	7.50	26.8%	1	92
193	4	38.5%	88.68	97.30	101.50	500.00	2.90	4.10	4.20	26.4%	1	686
37	1	30.0%	86.10	85.60	91.20	505.00	3.20	4.30	4.01	25.6%	2	110
128	2	36.1%	86.34	87.60	91.90	510.00	2.50	5.80	6.20	26.8%	1	176
38	2	36.0%	72.19	83.80	88.10	515.00	4.30	5.20	5.10	24.6%	145	290
354	12	35.0%	65.47	79.40	83.60	520.00	4.60	6.20	5.79	24.9%	1	476
36	2	34.4%	47.10	75.10	79.40	525.00	5.40	6.80	6.65	24.4%	6	484
171	1	33.4%	60.30	70.90	75.00	530.00	6.30	7.30	8.60	23.7%	1	517
80	40	32.9%	52.50	66.80	71.00	535.00	7.00	7.80	8.50	23.0%	5	83
411	1	32.3%	50.00	62.70	67.00	540.00	7.90	8.90	8.30	22.9%	5	350
75	2	31.2%	32.50	58.70	62.60	545.00	7.00	10.80	12.10	23.5%	1	104
1,267	1	31.1%	54.14	54.80	59.20	550.00	10.10	10.90	11.60	22.1%	6	282
49	1	29.3%	29.15	51.10	54.20	555.00	10.70	13.10	19.70	22.8%	2	78
298	1	29.2%	38.80	47.50	51.00	560.00	12.30	13.80	14.00	21.9%	2	180
176	3	28.9%	22.70	43.90	47.70	565.00	13.80	16.10	15.80	22.3%	5	153
549	1	28.1%	39.80	40.70	43.90	570.00	15.70	17.60	17.80	21.9%	1	816
421	8	28.6%	29.80	37.30	41.70	575.00	17.40	19.00	24.20	21.3%	47	347
509	2	27.9%	26.00	34.20	38.30	580.00	19.30	20.90	23.65	21.0%	50	191
211	6	27.8%	30.00	32.20	35.70	585.00	21.30	23.40	23.20	21.1%	6	30
MA $589.14
311	13	26.7%	28.40	28.40	31.90	590.00	22.90	25.60	26.80	20.8%	2	140
79	7	26.7%	26.80	26.70	29.70	595.00	25.40	28.10	41.60	20.6%	2	24
939	6	25.5%	22.40	24.20	26.00	600.00	27.10	30.60	29.10	20.3%	6	175
165	14	25.3%	21.40	22.00	23.70	605.00	30.00	33.30	46.90	20.0%	1	41
702	3	25.4%	15.20	19.90	22.00	610.00	33.10	36.10	37.45	19.7%	1	52
560	85	24.4%	16.75	15.90	17.40	620.00	39.20	42.10	58.40	18.9%	6	12
300	10	24.7%	12.65	12.40	14.70	630.00	94.00	100.00	72.15	59.9%	4	6
811	7	24.4%	10.00	9.40	11.80	640.00	53.70	57.40	75.00	18.9%	1	16
464	4	24.1%	7.40	7.40	9.40	650.00	72.40	77.10	82.50	31.0%	12	88
199	11	23.8%	6.50	5.50	7.30	660.00	134.80	141.20	164.50	77.3%	1	0
344	4	23.7%	3.60	3.20	4.60	680.00	153.00	160.00	159.95	81.1%	2	0
511	1	23.4%	2.20	1.40	2.65	700.00	198.00	207.00	154.00	107.3%	—	0
434	1	23.9%	0.95	0.95	1.75	720.00	129.00	136.95	159.14	32.5%	—	0
380	22	26.3%	1.05	0.35	1.70	740.00	—	—	—	—	—	—
111	8	27.8%	0.39	0.20	1.45	760.00	—	—	—	—	—	—
95	8	38.8%	0.30	0.00	4.90	780.00	—	—	—	—	—	—
77	3	41.3%	1.65	0.00	4.90	800.00	—	—	—	—	—	—
31	1	39.8%	0.30	0.00	3.20	820.00	—	—	—	—	—	—
458	1	43.2%	0.30	0.00	3.70	840.00	246.00	255.00	278.82	44.3%	—	0
134	4	38.6%	0.13	0.05	1.55	860.00	—	—	—	—	—	—
84	10	42.2%	0.83	0.00	2.00	880.00	—	—	—	—	—	—

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 MA put/call ratio?

For the January 15, 2027 expiration, the MA put/call ratio based on open interest is 1.04 (13,582 puts vs 13,022 calls), and 1.10 based on today's volume. A ratio above 1 means more puts than calls.

What is MA's implied volatility?

At-the-money implied volatility for MA options expiring January 15, 2027 is about 23.7%, an annualized estimate of how much the market expects Mastercard stock to move.

How many MA option expiration dates are there?

MA has 16 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.