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 21, 2028
Days to expiration: 468
Share price: $589.14
Put/call ratio (OI): 0.70
Put/call ratio (volume): 2.65
ATM implied volatility: 25.7%
Expected move: ±$171.48
Open interest (C / P): 5.00K / 3.52K

MA options summary

The MA options chain for the January 21, 2028 expiration lists 51 call and 50 put contracts, with 468 days until expiration. Open interest stands at 5,005 calls and 3,524 puts, a put/call ratio of 0.70, which is fairly balanced between calls and puts. At-the-money implied volatility near the $590.00 strike is 25.7%, which implies the market expects a move of about ±$171.48 (29.1%) in Mastercard stock by expiration.

The most open interest sits at the $680.00 call (575 contracts) and the $600.00 put (483 contracts).

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

MA options chain · January 21, 2028

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
20	2	72.4%	272.00	357.00	367.00	250.00	0.05	1.95	1.40	40.1%	2	5
—	—	—	—	—	—	260.00	0.00	0.00	4.99	12.5%	28	0
15	1	—	271.24	271.00	279.10	270.00	1.35	3.40	3.55	40.8%	1	32
—	—	—	—	—	—	280.00	0.30	3.90	2.23	40.2%	1	26
0	2	—	295.28	267.00	274.00	290.00	0.00	0.00	10.30	12.5%	10	0
13	2	54.5%	279.08	303.00	310.50	300.00	1.80	3.00	3.00	35.0%	1	26
—	—	—	—	—	—	310.00	0.00	0.00	13.30	12.5%	1	0
1	1	52.4%	279.80	285.00	293.00	320.00	3.00	5.20	5.40	36.1%	24	39
2	1	—	201.00	181.00	189.00	330.00	2.65	4.20	4.19	32.9%	1	130
14	2	53.2%	265.94	266.90	275.00	340.00	3.70	5.40	5.90	33.3%	25	41
2	2	43.8%	244.00	248.00	255.90	350.00	3.70	5.20	5.09	31.6%	1	92
8	2	54.1%	203.70	258.00	266.00	360.00	4.20	6.20	5.10	31.5%	1	125
2	1	—	160.10	150.00	159.00	370.00	4.80	6.50	6.80	30.4%	2	71
0	1	—	222.96	0.00	0.00	380.00	11.20	16.50	19.94	38.3%	1	63
0	1	—	213.50	0.00	0.00	390.00	6.20	0.00	8.20	6.3%	1	0
19	2	45.8%	198.30	215.00	221.90	400.00	7.00	8.20	10.12	28.0%	1	239
5	1	44.8%	209.65	207.10	213.30	410.00	0.00	0.00	12.20	6.3%	1	0
9	1	43.9%	182.93	198.00	205.10	420.00	8.90	10.20	9.70	27.0%	1	79
0	1	—	166.62	0.00	0.00	430.00	10.00	12.90	13.00	27.6%	1	157
4	1	42.2%	166.97	180.00	189.00	440.00	13.40	15.60	19.06	28.1%	1	38
28	1	41.1%	168.75	173.00	180.50	450.00	10.30	15.90	14.50	26.8%	1	116
21	1	40.2%	159.95	165.00	172.50	460.00	12.90	17.90	18.30	26.5%	1	76
35	1	39.4%	142.20	157.00	164.70	470.00	13.70	19.90	21.83	26.2%	18	107
31	2	38.7%	127.31	150.00	157.10	480.00	17.40	21.90	22.62	25.7%	1	190
40	2	37.7%	155.03	142.00	149.20	490.00	17.20	23.10	26.70	24.8%	72	161
121	2	37.1%	139.90	136.90	142.00	500.00	21.70	23.70	29.60	23.5%	91	266
0	2	—	125.00	0.00	0.00	510.00	23.90	25.10	28.60	22.6%	2	253
60	5	35.1%	113.40	121.00	126.30	520.00	27.10	27.70	28.35	22.3%	42	107
79	1	35.2%	102.80	114.00	121.20	530.00	29.20	30.50	39.50	21.9%	2	88
439	3	34.0%	109.00	107.00	113.00	540.00	32.20	33.60	42.00	21.5%	5	99
146	2	34.0%	98.00	101.00	108.10	550.00	35.40	36.80	48.28	21.1%	2	28
109	2	33.6%	87.07	95.00	102.20	560.00	38.90	40.40	40.10	20.7%	1	65
114	1	33.1%	87.90	89.00	96.10	570.00	42.70	44.20	59.30	20.4%	1	56
155	5	31.9%	75.10	85.90	88.50	580.00	46.50	48.70	48.45	20.2%	9	76
MA $589.14
266	1	31.8%	77.15	79.60	83.90	590.00	50.90	52.60	52.80	19.6%	6	69
306	2	31.0%	64.00	74.50	77.70	600.00	55.50	57.20	57.40	19.2%	5	483
213	4	30.6%	58.30	70.10	72.70	610.00	58.20	62.10	71.30	18.9%	3	34
149	3	30.4%	47.20	64.70	68.30	620.00	62.00	69.90	72.50	19.5%	1	9
153	2	30.5%	43.40	61.00	64.70	630.00	68.00	77.00	78.80	19.7%	1	5
356	3	29.9%	49.38	56.70	59.80	640.00	74.70	80.30	84.20	18.4%	1	6
150	1	30.2%	52.46	52.20	57.10	650.00	82.90	85.80	105.30	17.8%	2	3
170	3	29.2%	35.80	47.70	51.40	660.00	89.30	91.30	112.80	17.0%	1	41
96	1	28.9%	45.86	44.40	47.70	670.00	95.80	99.00	105.50	17.0%	1	10
575	2	28.6%	42.00	41.50	44.00	680.00	100.60	105.20	113.50	16.2%	1	9
184	2	28.6%	29.20	34.90	38.80	700.00	117.60	122.00	120.00	16.3%	3	3
112	13	27.7%	30.50	30.20	32.20	720.00	178.00	185.00	148.20	36.6%	—	1
40	1	27.4%	18.86	25.30	27.50	740.00	—	—	—	—	—	—
88	25	27.9%	18.90	21.50	25.00	760.00	0.00	0.00	197.21	—	—	0
104	13	27.8%	15.40	15.10	21.70	780.00	0.00	0.00	204.10	—	—	0
77	1	27.9%	14.00	12.40	19.10	800.00	206.00	215.00	210.10	18.1%	1	0
98	2	26.8%	10.90	11.00	14.70	820.00	—	—	—	—	—	—
39	3	28.1%	11.04	9.10	14.80	840.00	—	—	—	—	—	—
53	5	28.3%	8.70	7.60	13.30	860.00	0.00	0.00	296.83	—	—	0
284	2	26.4%	8.08	7.10	8.90	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 21, 2028 expiration, the MA put/call ratio based on open interest is 0.70 (3,524 puts vs 5,005 calls), and 2.65 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 21, 2028 is about 25.7%, 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.