Organon (OGN) Options Chain
NYSE: OGNHealth CareBiotechnology: Pharmaceutical PreparationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Jan 21, 2028
- Days to expiration
- 468
- Share price
- $13.81
- Put/call ratio (OI)
- 0.74
- Put/call ratio (volume)
- 0.54
- Expected move
- ±$1.50
- Open interest (C / P)
- 6.05K / 4.51K
OGN options summary
The OGN options chain for the January 21, 2028 expiration lists 8 call and 8 put contracts, with 468 days until expiration. Open interest stands at 6,055 calls and 4,508 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $15.00 strike is 9.6%, which implies the market expects a move of about ±$1.50 (10.8%) in Organon stock by expiration.
The most open interest sits at the $15.00 call (3.24K contracts) and the $5.00 put (2.31K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
OGN options chain · January 21, 2028
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 11.16 | 0.00 | 0.00 | 2.50 | 0.00 | 0.05 | 0.05 | |||||
| 8.60 | 6.50 | 11.50 | 5.00 | 0.00 | 0.10 | 0.05 | |||||
| 6.30 | 4.00 | 9.00 | 7.50 | 0.00 | 0.15 | 0.05 | |||||
| 3.80 | 1.50 | 6.50 | 10.00 | 0.00 | 5.00 | 0.13 | |||||
| 1.67 | 0.10 | 1.90 | 12.50 | 0.10 | 0.45 | 0.15 | |||||
| 0.01 | 0.00 | 0.20 | 15.00 | 0.00 | 0.00 | 1.05 | |||||
| 0.05 | 0.00 | 0.00 | 17.50 | 8.70 | 12.50 | 7.50 | |||||
| 0.05 | 0.00 | 0.05 | 20.00 | 4.00 | 9.00 | 6.55 | |||||
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 OGN put/call ratio?
For the January 21, 2028 expiration, the OGN put/call ratio based on open interest is 0.74 (4,508 puts vs 6,055 calls), and 0.54 based on today's volume. A ratio above 1 means more puts than calls.
What is OGN's implied volatility?
At-the-money implied volatility for OGN options expiring January 21, 2028 is about 9.6%, an annualized estimate of how much the market expects Organon stock to move.
How many OGN option expiration dates are there?
OGN has 8 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.