Blue Owl Capital (OWL) Options Chain

NYSE: OWLFinanceInvestment ManagersUSD

9.49+0.22 (+2.37%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 467
Share price: $9.49
Put/call ratio (OI): 0.97
Put/call ratio (volume): 0.78
ATM implied volatility: 51.6%
Expected move: ±$5.54
Open interest (C / P): 107.08K / 104.28K

OWL options summary

The OWL options chain for the January 21, 2028 expiration lists 13 call and 12 put contracts, with 467 days until expiration. Open interest stands at 107,078 calls and 104,281 puts, a put/call ratio of 0.97, which is fairly balanced between calls and puts. At-the-money implied volatility near the $10.00 strike is 51.6%, which implies the market expects a move of about ±$5.54 (58.4%) in Blue Owl Capital stock by expiration.

The most open interest sits at the $13.00 call (27.32K contracts) and the $8.00 put (38.28K contracts).

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

OWL options chain · January 21, 2028

OWL 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
70	1	67.2%	5.61	5.80	7.40	3.00	0.05	0.25	0.13	72.5%	102	1,273
1,414	2	47.7%	4.43	4.30	4.70	5.00	0.35	0.45	0.35	59.0%	41	21,529
20,193	19	46.4%	2.54	2.20	2.65	8.00	1.20	1.55	1.30	52.4%	11	38,282
OWL $9.49
16,353	21	50.5%	1.65	1.35	1.95	10.00	2.30	2.55	2.39	52.7%	10	37,890
27,315	40	50.8%	0.85	0.70	1.15	13.00	4.00	4.70	4.80	51.9%	1	3,665
8,616	37	46.4%	0.55	0.40	0.65	15.00	5.70	6.30	6.50	50.3%	5	1,107
6,498	1	50.0%	0.35	0.25	0.55	17.00	7.40	8.30	7.60	57.0%	20	219
22,297	8	50.7%	0.20	0.15	0.35	20.00	10.40	11.10	10.10	59.1%	2	244
644	10	51.6%	0.15	0.10	0.45	22.00	12.10	13.20	13.02	66.6%	5	70
423	1	55.6%	0.10	0.00	0.25	25.00	0.00	0.00	13.47	—	11	0
251	3	54.4%	0.07	0.00	0.35	27.00	16.80	19.80	17.28	78.8%	2	2
650	20	91.5%	0.06	0.00	2.15	30.00	—	—	—	—	—	—
2,354	110	55.5%	0.05	0.00	0.15	35.00	0.00	0.00	24.90	—	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 OWL put/call ratio?

For the January 21, 2028 expiration, the OWL put/call ratio based on open interest is 0.97 (104,281 puts vs 107,078 calls), and 0.78 based on today's volume. A ratio above 1 means more puts than calls.

What is OWL's implied volatility?

At-the-money implied volatility for OWL options expiring January 21, 2028 is about 51.6%, an annualized estimate of how much the market expects Blue Owl Capital stock to move.

How many OWL option expiration dates are there?

OWL has 14 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.