Microsoft (MSFT) Options Chain

NASDAQ: MSFTTechnologyComputer Software: Prepackaged SoftwareUSD

535.07+12.46 (+2.38%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 41
Share price: $535.07
Put/call ratio (OI): 0.59
Put/call ratio (volume): 0.90
ATM implied volatility: 31.1%
Expected move: ±$55.86
Open interest (C / P): 238.42K / 140.73K

MSFT options summary

The MSFT options chain for the November 20, 2026 expiration lists 97 call and 97 put contracts, with 41 days until expiration. Open interest stands at 238,416 calls and 140,731 puts, a put/call ratio of 0.59, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $535.00 strike is 31.1%, which implies the market expects a move of about ±$55.86 (10.4%) in Microsoft stock by expiration.

The most open interest sits at the $420.00 call (21.39K contracts) and the $500.00 put (7.95K contracts).

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

MSFT options chain · November 20, 2026

MSFT 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
61	2	142.0%	336.74	334.35	337.95	200.00	0.00	0.03	0.02	90.6%	1	653
0	2	—	292.95	0.00	0.00	210.00	0.00	0.08	0.06	93.0%	1	90
0	2	—	286.20	0.00	0.00	215.00	0.00	0.03	0.04	83.6%	8	185
0	2	—	285.95	0.00	0.00	220.00	0.00	0.03	0.01	82.0%	3	351
20	1	124.8%	299.48	309.10	313.05	225.00	0.00	0.05	0.01	83.2%	111	469
0	3	—	255.00	0.00	0.00	230.00	0.00	0.04	0.02	79.7%	1	849
0	3	—	268.55	0.00	0.00	235.00	0.00	0.20	0.01	89.8%	1	177
4	2	—	253.00	260.40	263.80	240.00	0.00	0.06	0.08	78.5%	1	251
17	32	—	245.35	255.40	258.90	245.00	0.00	0.45	0.06	93.3%	4	338
11	1	116.6%	277.42	284.75	288.15	250.00	0.00	0.10	0.03	78.1%	2	331
0	4	—	250.71	0.00	0.00	255.00	0.00	1.00	0.08	98.0%	3	114
0	2	—	227.77	0.00	0.00	260.00	0.00	0.10	0.05	74.2%	1	258
0	2	—	240.07	0.00	0.00	265.00	0.00	2.15	0.70	104.3%	3	169
44	1	104.3%	257.63	264.85	267.80	270.00	0.01	0.03	0.03	65.2%	81	376
28	1	104.6%	233.71	259.85	263.25	275.00	0.01	0.15	0.07	71.9%	2	300
52	3	101.5%	247.23	254.75	258.25	280.00	0.01	0.23	0.12	73.0%	1	2,358
41	2	96.3%	225.89	249.90	252.65	285.00	0.02	0.12	0.06	67.4%	3	249
35	1	98.3%	227.00	244.95	248.35	290.00	0.01	0.15	0.08	66.6%	2	2,249
127	2	—	199.15	206.00	209.40	295.00	0.01	0.13	0.09	64.1%	3	531
110	1	94.0%	223.30	235.00	238.40	300.00	0.01	0.08	0.05	59.8%	36	3,243
61	1	88.8%	234.35	230.10	232.75	305.00	0.05	0.20	0.12	64.4%	1	671
31	1	89.3%	203.17	225.50	227.90	310.00	0.03	0.13	0.08	59.8%	7	1,225
33	22	—	178.50	186.20	189.80	315.00	0.08	0.32	0.09	64.3%	86	1,821
0	1	—	165.00	0.00	0.00	320.00	0.04	0.16	0.10	57.9%	4	1,084
61	1	81.8%	182.00	210.50	212.75	325.00	0.01	0.18	0.13	56.0%	1	2,022
123	1	82.3%	201.80	205.25	208.60	330.00	0.11	0.16	0.15	56.5%	6	1,679
73	2	76.4%	198.15	200.05	202.95	335.00	0.03	0.23	0.14	54.7%	5	871
181	2	77.5%	155.55	195.10	198.65	340.00	0.12	0.19	0.16	54.1%	5	1,106
0	2	77.5%	191.55	190.80	193.50	345.00	0.08	0.23	0.16	52.5%	8	1,170
969	1	75.0%	186.80	185.45	188.75	350.00	0.05	0.25	0.23	50.8%	8	4,136
319	2	70.8%	180.74	180.40	183.25	355.00	0.20	0.35	0.24	53.0%	6	2,722
365	2	69.3%	175.82	175.00	178.80	360.00	0.13	0.27	0.28	51.3%	31	2,771
307	2	68.7%	170.00	170.35	173.85	365.00	0.13	0.40	0.26	52.3%	1	2,681
926	20	65.8%	166.93	166.00	167.95	370.00	0.17	0.41	0.30	50.9%	2	4,454
840	19	64.4%	161.65	160.65	163.50	375.00	0.12	0.35	0.34	48.1%	11	1,137
669	15	63.0%	154.68	156.00	158.35	380.00	0.30	0.42	0.35	47.8%	15	3,346
848	2	61.8%	151.38	150.55	154.05	385.00	0.21	0.53	0.47	47.8%	7	1,348
1,199	16	59.8%	145.80	145.60	149.00	390.00	0.22	0.54	0.42	46.3%	41	3,444
1,424	4	59.3%	139.80	140.90	144.25	395.00	0.26	0.57	0.72	45.0%	1	2,330
4,249	8	56.5%	136.66	136.10	138.75	400.00	0.50	0.56	0.52	43.3%	84	5,733
1,264	2	56.1%	118.78	131.10	134.40	405.00	0.38	0.83	0.73	44.5%	7	1,398
899	1	52.1%	127.10	125.85	128.80	410.00	0.61	0.77	0.64	42.3%	28	3,906
1,051	26	52.2%	123.02	120.95	124.55	415.00	0.69	0.97	0.74	42.3%	3	1,226
21,395	3	55.3%	118.93	116.20	119.00	420.00	0.77	0.86	0.82	39.8%	12	2,891
1,344	32	52.6%	113.52	111.85	113.85	425.00	0.90	1.01	0.94	39.3%	13	1,233
1,256	22	50.6%	107.88	106.90	108.85	430.00	0.99	1.09	1.04	38.1%	227	2,826
926	7	50.1%	103.60	102.50	104.30	435.00	1.00	1.23	1.19	37.3%	74	4,184
2,071	3	47.3%	98.97	97.45	99.10	440.00	1.23	1.40	1.40	36.6%	283	2,854
1,148	4	46.9%	92.78	93.05	94.60	445.00	1.51	1.60	1.56	35.9%	141	1,756
4,496	26	46.1%	89.10	88.00	90.05	450.00	1.60	2.05	1.80	36.2%	256	5,681
870	2	45.5%	84.70	83.55	85.60	455.00	2.04	2.15	2.11	34.8%	2,688	6,372
2,151	34	42.6%	80.05	78.50	80.35	460.00	2.36	2.49	2.43	34.2%	178	6,330
1,624	24	40.5%	75.13	74.00	75.35	465.00	2.76	2.90	2.79	33.7%	175	1,537
5,057	75	39.6%	71.25	69.50	70.85	470.00	3.25	3.40	3.30	33.3%	255	2,647
976	18	38.4%	65.77	65.40	66.30	475.00	3.75	3.95	3.85	32.9%	183	2,366
12,019	60	37.7%	61.50	60.90	62.00	480.00	4.40	4.55	4.53	32.3%	858	3,185
2,103	147	37.6%	57.46	56.85	58.05	485.00	5.15	5.40	5.25	32.2%	145	1,950
4,206	32	36.6%	53.11	52.35	53.80	490.00	5.95	6.20	6.12	31.7%	184	5,457
2,644	19	37.0%	49.68	48.55	50.35	495.00	7.00	7.20	7.12	31.4%	174	1,492
10,107	226	34.7%	45.60	44.65	45.50	500.00	8.10	8.40	8.22	31.2%	403	7,952
1,687	172	35.8%	41.52	40.90	42.75	505.00	9.40	9.70	9.52	30.9%	194	2,072
5,667	151	34.8%	37.83	37.40	38.85	510.00	10.80	11.30	10.97	30.9%	225	4,905
2,912	97	33.4%	35.33	34.25	34.85	515.00	12.45	13.00	12.65	30.7%	278	1,444
6,933	696	34.4%	31.45	31.20	32.55	520.00	14.30	14.80	14.53	30.5%	293	1,519
3,431	682	34.0%	28.44	28.20	29.45	525.00	16.25	16.65	16.30	30.1%	278	949
3,762	870	32.9%	25.42	25.30	26.05	530.00	18.55	18.95	18.74	30.1%	464	551
19,298	636	32.5%	23.00	22.75	23.25	535.00	20.85	21.30	21.10	29.8%	716	1,698
MSFT $535.07
6,126	640	32.3%	20.55	20.25	20.80	540.00	23.15	24.10	23.20	30.0%	600	121
2,999	226	32.3%	18.63	18.05	18.70	545.00	25.85	26.90	26.00	29.9%	4	132
7,960	789	31.9%	16.00	15.95	16.40	550.00	28.80	29.85	29.00	29.8%	6	311
3,630	116	31.8%	14.32	14.05	14.55	555.00	31.95	32.95	35.10	29.6%	1	139
11,562	1,179	32.0%	12.45	12.35	13.00	560.00	35.00	36.30	41.10	29.5%	7	35
4,711	335	31.1%	10.95	10.70	10.95	565.00	38.50	39.75	43.50	29.3%	6	62
6,238	403	30.9%	9.43	9.35	9.50	570.00	42.00	43.40	43.55	29.3%	1	24
4,371	261	31.0%	8.32	8.05	8.35	575.00	45.70	47.15	61.55	29.1%	22	36
13,781	347	31.0%	7.20	6.85	7.25	580.00	49.55	51.10	53.90	29.0%	1	64
1,541	93	30.8%	6.18	5.85	6.20	585.00	53.15	55.10	58.80	28.8%	2	13
3,540	520	30.6%	5.17	5.10	5.25	590.00	57.35	59.25	59.05	28.6%	1	28
1,004	118	30.6%	4.40	4.25	4.50	595.00	61.55	64.10	99.75	29.9%	4	22
7,168	737	30.6%	3.73	3.60	3.85	600.00	66.05	67.95	74.65	28.5%	6	67
18,046	285	30.6%	3.35	3.05	3.30	605.00	70.45	72.50	79.60	28.6%	1	1
981	199	30.5%	2.75	2.54	2.76	610.00	75.25	77.00	85.49	28.3%	3	1
386	54	30.5%	2.35	2.16	2.34	615.00	79.65	81.75	99.35	28.7%	1	1
819	158	30.5%	1.87	1.81	1.98	620.00	84.15	86.40	92.25	28.6%	1	1
809	91	30.6%	1.68	1.51	1.67	625.00	123.40	127.00	137.60	92.6%	2	0
976	213	30.5%	1.40	1.26	1.39	630.00	0.00	0.00	187.47	—	2	0
433	94	30.7%	1.15	1.06	1.19	635.00	0.00	0.00	127.30	—	1	0
486	51	31.3%	0.95	0.85	1.10	640.00	0.00	0.00	196.45	—	—	0
312	16	30.6%	0.75	0.72	0.81	645.00	0.00	0.00	186.30	—	30	0
1,074	55	30.6%	0.65	0.61	0.68	650.00	0.00	0.00	224.40	—	30	0
212	8	31.0%	0.51	0.50	0.60	655.00	118.75	121.60	155.85	37.4%	1	0
298	4	30.9%	0.38	0.34	0.49	660.00	0.00	0.00	199.05	—	94	0
163	15	32.7%	0.37	0.17	0.58	665.00	0.00	0.00	202.35	—	—	0
206	6	31.3%	0.27	0.20	0.36	670.00	0.00	0.00	210.30	—	—	0
425	37	31.4%	0.26	0.23	0.30	675.00	173.35	176.95	241.80	110.0%	18	0
443	15	30.9%	0.21	0.18	0.22	680.00	282.85	286.40	283.05	260.4%	1	0
3,191	30	31.7%	0.12	0.05	0.12	700.00	163.00	166.50	191.30	46.2%	—	0

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 MSFT put/call ratio?

For the November 20, 2026 expiration, the MSFT put/call ratio based on open interest is 0.59 (140,731 puts vs 238,416 calls), and 0.90 based on today's volume. A ratio above 1 means more puts than calls.

What is MSFT's implied volatility?

At-the-money implied volatility for MSFT options expiring November 20, 2026 is about 31.1%, an annualized estimate of how much the market expects Microsoft stock to move.

How many MSFT option expiration dates are there?

MSFT has 19 listed expiration dates, from Oct 12, 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.