Millrose Properties (MRP) Options Chain

NYSE: MRPFinanceReal EstateUSD

22.36-0.27 (-1.19%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $22.36
Put/call ratio (OI): 0.60
Put/call ratio (volume): 0.23
ATM implied volatility: 40.5%
Expected move: ±$3.91
Open interest (C / P): 6.38K / 3.82K

MRP options summary

The MRP options chain for the December 18, 2026 expiration lists 10 call and 9 put contracts, with 68 days until expiration. Open interest stands at 6,379 calls and 3,824 puts, a put/call ratio of 0.60, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.50 strike is 40.5%, which implies the market expects a move of about ±$3.91 (17.5%) in Millrose Properties stock by expiration.

The most open interest sits at the $35.00 call (3.03K contracts) and the $25.00 put (2.36K contracts).

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

MRP options chain · December 18, 2026

MRP 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	31	433.8%	14.84	14.30	17.90	15.00	0.00	0.95	0.05	84.9%	20	26
1	1	351.1%	12.35	11.80	15.40	17.50	0.00	2.95	0.35	98.4%	—	5
28	1	66.7%	2.89	2.50	3.80	20.00	0.40	0.60	0.50	40.7%	1	890
MRP $22.36
86	5	41.6%	1.50	1.25	1.55	22.50	1.35	1.60	1.50	39.4%	1	208
570	39	40.1%	0.50	0.40	0.65	25.00	2.60	3.50	2.80	46.3%	1	2,362
1,767	28	45.2%	0.11	0.05	0.15	30.00	7.40	8.90	8.00	63.0%	2	264
3,034	20	51.2%	0.05	0.00	0.05	35.00	12.20	13.60	9.60	69.8%	13	69
882	20	77.8%	0.05	0.00	0.35	40.00	0.00	0.00	10.80	—	1	0
0	20	149.2%	1.50	0.00	2.85	45.00	0.00	0.00	17.78	—	—	0
11	1	155.7%	0.21	0.00	2.50	50.00	—	—	—	—	—	—

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 MRP put/call ratio?

For the December 18, 2026 expiration, the MRP put/call ratio based on open interest is 0.60 (3,824 puts vs 6,379 calls), and 0.23 based on today's volume. A ratio above 1 means more puts than calls.

What is MRP's implied volatility?

At-the-money implied volatility for MRP options expiring December 18, 2026 is about 40.5%, an annualized estimate of how much the market expects Millrose Properties stock to move.

How many MRP option expiration dates are there?

MRP has 5 listed expiration dates, from Oct 16, 2026 to May 21, 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.