Olin (OLN) Options Chain

NYSE: OLNIndustrialsMajor ChemicalsUSD

14.89-0.72 (-4.61%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 97
Share price: $14.89
Put/call ratio (OI): 0.61
Put/call ratio (volume): 4.32
ATM implied volatility: 51.5%
Expected move: ±$3.96
Open interest (C / P): 4.40K / 2.67K

OLN options summary

The OLN options chain for the January 15, 2027 expiration lists 14 call and 9 put contracts, with 97 days until expiration. Open interest stands at 4,404 calls and 2,665 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $15.00 strike is 51.5%, which implies the market expects a move of about ±$3.96 (26.6%) in Olin stock by expiration.

The most open interest sits at the $35.00 call (1.03K contracts) and the $15.00 put (988 contracts).

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

OLN options chain · January 15, 2027

OLN 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
—	—	—	—	—	—	7.50	0.00	2.65	0.10	185.3%	—	12
11	1	86.9%	7.50	4.50	6.40	10.00	—	—	—	—	—	—
41	3	77.5%	4.28	2.85	4.30	12.50	0.45	0.60	0.55	50.0%	626	499
OLN $14.89
54	54	52.1%	1.70	1.40	1.55	15.00	1.50	1.75	1.55	51.0%	15	988
525	1	51.8%	0.77	0.50	0.95	17.50	2.00	3.40	2.42	54.1%	1	798
418	4	53.5%	0.35	0.20	0.35	20.00	5.00	5.60	5.15	60.1%	4	221
471	12	72.8%	0.17	0.00	0.95	22.50	6.20	7.90	7.00	63.0%	5	59
446	2	77.2%	0.05	0.00	0.70	25.00	8.60	10.80	8.00	94.5%	4	77
419	43	93.8%	0.05	0.00	0.95	27.50	4.70	5.80	5.15	—	1	6
146	2	103.7%	0.10	0.00	1.00	30.00	—	—	—	—	—	—
96	5	111.3%	0.06	0.00	1.00	32.50	13.00	16.90	12.80	—	5	5
1,035	2	76.6%	0.02	0.00	0.10	35.00	—	—	—	—	—	—
28	1	124.4%	0.22	0.00	1.00	37.50	—	—	—	—	—	—
711	20	91.4%	0.03	0.00	0.15	40.00	—	—	—	—	—	—
3	3	90.2%	0.27	0.00	0.10	42.50	—	—	—	—	—	—

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 OLN put/call ratio?

For the January 15, 2027 expiration, the OLN put/call ratio based on open interest is 0.61 (2,665 puts vs 4,404 calls), and 4.32 based on today's volume. A ratio above 1 means more puts than calls.

What is OLN's implied volatility?

At-the-money implied volatility for OLN options expiring January 15, 2027 is about 51.5%, an annualized estimate of how much the market expects Olin stock to move.

How many OLN option expiration dates are there?

OLN has 7 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.