Marsh (MRSH) Options Chain

NYSE: MRSHFinanceSpecialty InsurersUSD

175.76-0.91 (-0.52%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $175.76
Put/call ratio (OI): 0.48
Put/call ratio (volume): 0.69
ATM implied volatility: 27.3%
Expected move: ±$24.63
Open interest (C / P): 2.18K / 1.05K

MRSH options summary

The MRSH options chain for the January 15, 2027 expiration lists 31 call and 24 put contracts, with 96 days until expiration. Open interest stands at 2,183 calls and 1,051 puts, a put/call ratio of 0.48, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $175.00 strike is 27.3%, which implies the market expects a move of about ±$24.63 (14.0%) in Marsh stock by expiration.

The most open interest sits at the $210.00 call (431 contracts) and the $170.00 put (266 contracts).

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

MRSH options chain · January 15, 2027

MRSH 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
—	—	—	—	—	—	85.00	0.00	2.15	0.15	85.2%	—	2
1	—	203.4%	87.90	103.20	107.10	90.00	0.00	0.00	1.00	25.0%	—	0
5	—	192.0%	83.00	98.20	102.30	95.00	—	—	—	—	—	—
4	—	181.2%	78.36	93.30	97.40	100.00	0.00	1.45	0.90	63.2%	—	3
4	—	170.6%	73.35	88.30	92.40	105.00	0.05	0.30	0.25	50.1%	2	18
2	—	161.6%	69.00	83.50	87.70	110.00	0.15	3.30	1.95	65.3%	—	1
2	4	152.2%	64.00	78.60	82.70	115.00	0.00	0.00	2.28	12.5%	—	0
1	—	143.6%	59.50	73.70	77.90	120.00	0.00	0.00	2.57	12.5%	5	0
—	—	—	—	—	—	125.00	0.10	1.05	0.55	44.8%	1	52
8	1	56.7%	41.30	46.60	49.20	130.00	0.00	1.35	0.50	43.1%	1	55
3	2	52.6%	37.59	42.00	44.40	135.00	0.00	1.35	1.60	38.9%	12	63
4	1	50.8%	32.10	37.50	40.10	140.00	0.05	3.10	1.53	44.8%	1	32
51	2	105.6%	36.64	50.00	53.70	145.00	0.55	1.75	1.85	33.0%	2	83
4	4	98.6%	32.85	45.30	48.90	150.00	0.00	0.00	1.60	6.3%	5	0
5	3	41.4%	20.00	24.10	26.80	155.00	0.00	0.00	1.86	6.3%	3	0
15	2	85.6%	24.27	36.40	39.30	160.00	2.65	3.40	3.87	26.7%	1	86
2	1	79.9%	26.30	32.00	35.00	165.00	0.00	0.00	3.70	3.1%	5	0
238	3	32.9%	12.30	12.50	14.80	170.00	5.30	5.90	5.70	23.9%	6	266
110	4	31.1%	10.50	9.80	11.60	175.00	7.40	8.10	10.44	23.5%	2	160
MRSH $175.76
73	4	28.4%	7.10	7.40	8.40	180.00	9.60	11.50	14.00	25.2%	1	186
359	2	27.1%	5.76	5.30	6.10	185.00	0.00	0.00	8.70	—	1	0
81	3	26.1%	3.30	3.60	4.30	190.00	15.30	17.10	20.20	21.4%	1	22
207	6	25.2%	2.75	2.45	2.90	195.00	18.60	21.20	10.90	21.7%	1	8
215	1	25.0%	1.37	1.50	2.00	200.00	12.20	13.60	22.20	—	13	14
431	18	26.6%	0.57	0.20	1.20	210.00	18.00	20.50	33.64	—	—	0
288	5	30.1%	1.11	0.00	1.00	220.00	—	—	—	—	—	—
10	4	32.3%	0.07	0.00	0.75	230.00	—	—	—	—	—	—
39	3	36.2%	0.25	0.00	0.75	240.00	—	—	—	—	—	—
8	5	39.8%	0.41	0.00	0.75	250.00	—	—	—	—	—	—
12	12	54.7%	0.26	0.00	2.25	260.00	—	—	—	—	—	—
1	—	54.0%	0.85	0.00	3.20	270.00	—	—	—	—	—	—
0	—	12.5%	0.10	0.00	0.00	280.00	—	—	—	—	—	—
0	1	25.0%	0.10	0.00	0.00	290.00	—	—	—	—	—	—

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 MRSH put/call ratio?

For the January 15, 2027 expiration, the MRSH put/call ratio based on open interest is 0.48 (1,051 puts vs 2,183 calls), and 0.69 based on today's volume. A ratio above 1 means more puts than calls.

What is MRSH's implied volatility?

At-the-money implied volatility for MRSH options expiring January 15, 2027 is about 27.3%, an annualized estimate of how much the market expects Marsh stock to move.

How many MRSH option expiration dates are there?

MRSH has 6 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.