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: Mar 19, 2027
Days to expiration: 159
Share price: $589.14
Put/call ratio (OI): 1.34
Put/call ratio (volume): 3.75
ATM implied volatility: 24.9%
Expected move: ±$96.76
Open interest (C / P): 3.89K / 5.24K

MA options summary

The MA options chain for the March 19, 2027 expiration lists 47 call and 40 put contracts, with 159 days until expiration. Open interest stands at 3,893 calls and 5,235 puts, a put/call ratio of 1.34, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $590.00 strike is 24.9%, which implies the market expects a move of about ±$96.76 (16.4%) in Mastercard stock by expiration.

The most open interest sits at the $590.00 call (538 contracts) and the $520.00 put (464 contracts).

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

MA options chain · March 19, 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
1	1	—	316.60	330.70	338.00	250.00	0.00	1.45	2.00	58.9%	—	4
—	—	—	—	—	—	260.00	0.00	0.00	1.45	25.0%	1	0
—	—	—	—	—	—	270.00	0.00	0.80	0.33	54.8%	2	5
—	—	—	—	—	—	280.00	0.05	4.30	2.45	61.5%	2	3
6	2	—	219.35	240.00	246.30	290.00	—	—	—	—	—	—
11	1	—	210.00	192.20	198.70	300.00	0.00	1.05	0.40	50.0%	1	4
21	1	88.6%	201.27	292.10	300.00	310.00	2.10	3.10	3.70	55.8%	3	11
1	2	—	193.20	212.00	219.00	320.00	0.00	1.20	0.60	46.6%	18	34
—	—	—	—	—	—	330.00	0.00	1.05	0.55	43.6%	17	31
0	2	—	166.20	0.00	0.00	340.00	0.00	1.35	0.70	43.3%	17	20
0	4	—	166.00	0.00	0.00	350.00	0.00	1.30	0.65	41.0%	19	47
0	—	—	224.80	0.00	0.00	360.00	0.00	1.85	0.78	41.6%	19	99
20	9	56.0%	235.10	225.20	230.20	370.00	0.00	2.05	1.17	40.4%	17	106
47	1	54.1%	194.66	215.60	220.60	380.00	0.00	2.30	1.35	39.2%	2	78
33	1	67.2%	164.60	215.70	222.80	390.00	0.00	3.50	1.30	40.7%	1	52
22	8	39.5%	179.50	187.40	193.00	400.00	0.60	2.10	2.15	34.7%	2	185
0	1	—	103.20	0.00	0.00	410.00	1.15	2.35	1.94	33.6%	50	117
14	1	59.9%	137.20	187.60	193.40	420.00	1.35	2.60	2.00	32.4%	2	187
12	1	37.1%	149.70	159.20	165.00	430.00	1.35	3.40	3.03	32.4%	2	68
5	2	46.2%	158.30	159.00	163.20	440.00	1.85	2.60	3.60	28.7%	287	385
5	1	44.5%	135.90	149.70	153.90	450.00	2.40	4.50	3.00	30.7%	1	276
11	1	42.9%	116.32	140.40	144.70	460.00	2.90	5.10	4.30	29.8%	3	120
20	2	41.3%	115.00	130.60	135.60	470.00	3.60	5.50	7.40	28.4%	20	212
44	1	39.8%	92.20	121.60	126.60	480.00	4.30	5.30	6.30	26.1%	5	337
25	1	38.3%	97.38	113.50	117.70	490.00	4.90	8.00	7.86	27.6%	15	274
150	4	37.0%	91.90	104.80	109.10	500.00	6.60	7.60	9.80	25.0%	1	313
47	2	35.7%	66.20	96.40	100.60	510.00	6.40	10.80	8.88	26.2%	3	287
88	1	34.6%	61.95	88.20	92.40	520.00	9.30	10.40	10.70	23.6%	95	464
103	1	33.1%	69.40	80.00	84.00	530.00	11.30	13.00	14.94	23.6%	5	284
165	6	31.7%	63.30	72.60	75.70	540.00	13.30	16.70	17.25	24.2%	30	427
186	10	30.7%	49.20	65.30	68.30	550.00	16.10	17.30	20.95	22.1%	2	139
140	13	30.8%	58.20	58.30	62.70	560.00	18.00	20.30	25.30	21.7%	1	143
129	2	29.4%	49.40	51.80	55.20	570.00	22.30	25.00	24.30	22.1%	16	153
205	1	29.4%	38.97	45.60	50.10	580.00	26.30	27.80	28.00	20.9%	5	131
MA $589.14
538	1	28.6%	38.00	40.20	44.00	590.00	29.10	33.40	41.60	21.2%	1	88
158	1	28.3%	31.23	35.40	39.20	600.00	34.90	38.10	50.40	20.6%	14	110
178	5	27.3%	25.45	30.00	33.50	610.00	40.20	43.30	57.90	20.1%	4	27
172	4	26.6%	26.35	26.30	28.80	620.00	46.00	49.10	64.30	19.6%	15	10
110	15	26.3%	22.90	22.20	24.90	630.00	0.00	0.00	75.00	—	—	0
147	1	26.8%	17.00	18.10	22.70	640.00	58.40	62.50	90.40	18.9%	3	3
176	26	25.4%	11.40	16.50	18.00	650.00	65.40	69.80	71.00	18.4%	—	1
225	1	25.9%	9.50	12.30	16.30	660.00	—	—	—	—	—	—
125	14	26.3%	7.80	10.00	14.60	670.00	—	—	—	—	—	—
149	1	25.1%	9.31	8.00	11.30	680.00	—	—	—	—	—	—
192	2	26.0%	6.83	6.50	9.20	700.00	—	—	—	—	—	—
97	1	25.4%	2.75	3.20	6.20	720.00	—	—	—	—	—	—
45	21	24.4%	3.00	3.00	3.80	740.00	—	—	—	—	—	—
50	5	26.6%	1.45	1.65	3.90	760.00	—	—	—	—	—	—
12	3	25.5%	4.50	1.15	2.30	780.00	—	—	—	—	—	—
5	—	30.5%	2.50	2.25	3.90	800.00	—	—	—	—	—	—
3	3	31.0%	2.10	1.70	3.20	820.00	—	—	—	—	—	—

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 March 19, 2027 expiration, the MA put/call ratio based on open interest is 1.34 (5,235 puts vs 3,893 calls), and 3.75 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 March 19, 2027 is about 24.9%, 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.