MetLife (MET) Options Chain

NYSE: METFinanceLife InsuranceUSD

98.33-0.14 (-0.14%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $98.33
Put/call ratio (OI): 1.59
Put/call ratio (volume): 0.61
ATM implied volatility: 30.5%
Expected move: ±$33.99
Open interest (C / P): 4.72K / 7.50K

MET options summary

The MET options chain for the January 21, 2028 expiration lists 32 call and 32 put contracts, with 468 days until expiration. Open interest stands at 4,717 calls and 7,500 puts, a put/call ratio of 1.59, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $97.50 strike is 30.5%, which implies the market expects a move of about ±$33.99 (34.6%) in MetLife stock by expiration.

The most open interest sits at the $75.00 call (1.69K contracts) and the $85.00 put (1.40K contracts).

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

MET options chain · January 21, 2028

MET 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	—	—	42.89	51.00	56.00	35.00	0.05	1.05	0.65	52.2%	36	103
—	—	—	—	—	—	37.50	0.00	0.90	0.70	54.2%	43	69
2	1	67.3%	57.50	56.00	61.00	40.00	0.00	2.95	0.95	57.2%	32	67
5	6	—	44.20	48.50	53.00	42.50	0.00	3.00	1.14	54.0%	2	4
3	1	—	35.75	39.60	43.50	45.00	0.00	3.10	1.25	51.3%	3	20
4	1	—	40.62	44.00	49.00	47.50	0.00	3.60	2.00	50.2%	1	1
15	1	58.9%	48.70	47.50	52.00	50.00	0.00	1.65	1.70	46.1%	1	1,001
2	2	51.3%	41.57	43.00	46.80	55.00	0.15	3.30	1.60	50.4%	1	320
32	5	46.3%	40.20	39.00	42.00	60.00	0.45	3.50	2.45	45.5%	4	16
—	—	—	—	—	—	62.50	0.75	3.60	2.20	43.1%	10	30
24	6	44.0%	34.00	34.50	37.80	65.00	1.00	3.70	2.79	40.9%	4	69
1	1	42.0%	30.87	32.50	35.50	67.50	2.20	3.50	3.20	37.4%	130	207
134	2	43.5%	28.59	30.50	34.20	70.00	2.60	3.30	2.75	34.1%	197	863
149	62	43.7%	26.00	28.90	32.60	72.50	3.00	3.40	3.27	32.0%	7	1,003
1,689	700	39.2%	26.00	26.00	29.60	75.00	3.40	3.80	3.80	31.1%	10	199
100	1	41.0%	21.50	24.90	28.60	77.50	3.60	4.20	4.30	30.0%	3	438
30	2	35.5%	23.95	23.10	25.20	80.00	4.00	4.80	4.80	29.4%	3	370
51	50	37.0%	22.60	21.10	24.20	82.50	4.30	6.40	5.50	31.5%	3	205
56	1	36.2%	18.20	19.60	22.50	85.00	5.60	7.10	6.10	30.8%	61	1,403
101	1	35.4%	19.64	18.00	20.80	87.50	6.20	7.40	7.00	28.9%	5	58
230	1	33.9%	18.17	16.50	18.90	90.00	6.40	8.20	7.80	28.1%	1	362
3	1	33.3%	13.60	15.00	17.40	92.50	7.40	9.40	9.00	28.2%	2	222
339	11	31.9%	11.80	14.00	15.60	95.00	9.00	10.70	9.40	28.3%	14	139
28	2	35.4%	13.40	12.00	16.00	97.50	8.90	10.90	11.05	25.6%	4	56
MET $98.33
173	3	33.9%	12.60	11.70	14.30	100.00	10.50	12.40	12.80	25.9%	12	275
57	3	30.3%	10.30	10.10	10.80	105.00	0.00	0.00	14.60	—	—	0
120	23	30.5%	8.40	8.10	9.20	110.00	0.00	0.00	19.00	—	5	0
168	4	29.2%	5.00	6.50	7.20	115.00	0.00	0.00	23.20	—	1	0
404	51	29.2%	4.66	5.10	6.00	120.00	39.00	43.50	41.40	60.4%	—	0
720	3	34.3%	3.10	2.00	7.00	125.00	27.70	31.30	38.50	28.3%	—	0
37	3	28.8%	2.65	3.20	4.00	130.00	32.80	35.70	43.50	29.0%	—	0
22	19	28.5%	2.10	2.60	3.20	135.00	—	—	—	—	—	—
3	5	28.8%	2.07	1.55	2.70	140.00	40.00	45.00	44.30	30.9%	—	0
14	9	33.3%	1.95	1.45	3.50	145.00	—	—	—	—	—	—

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 MET put/call ratio?

For the January 21, 2028 expiration, the MET put/call ratio based on open interest is 1.59 (7,500 puts vs 4,717 calls), and 0.61 based on today's volume. A ratio above 1 means more puts than calls.

What is MET's implied volatility?

At-the-money implied volatility for MET options expiring January 21, 2028 is about 30.5%, an annualized estimate of how much the market expects MetLife stock to move.

How many MET option expiration dates are there?

MET has 10 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.