Pan American Silver (PAAS) Options Chain

NYSE: PAASBasic MaterialsPrecious MetalsUSD

46.27+0.96 (+2.12%)

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

After hours: 46.25 -0.04%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 0
Share price: $46.27
Put/call ratio (OI): 0.26
Put/call ratio (volume): 0.12
ATM implied volatility: 23.9%
Expected move: ±$0.5796
Open interest (C / P): 3.07K / 802

PAAS options summary

The PAAS options chain for the October 9, 2026 expiration lists 37 call and 32 put contracts, expiring today. Open interest stands at 3,066 calls and 802 puts, a put/call ratio of 0.26, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $46.50 strike is 23.9%, which implies the market expects a move of about ±$0.5796 (1.3%) in Pan American Silver stock by expiration.

The most open interest sits at the $46.00 call (664 contracts) and the $46.00 put (143 contracts).

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

PAAS options chain · October 9, 2026

PAAS 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
1	2	368.8%	14.68	15.40	17.20	30.00	0.00	0.60	0.23	546.9%	—	2
15	810	376.6%	11.59	11.20	11.90	35.00	0.00	0.60	0.39	382.8%	—	1
—	—	—	—	—	—	38.00	0.00	0.60	0.05	292.2%	2	3
4	1	269.9%	7.13	7.20	8.00	39.00	0.00	0.60	0.05	262.9%	2	7
88	1	240.2%	6.07	6.20	7.00	40.00	0.00	0.60	0.03	233.6%	4	12
—	—	—	—	—	—	40.50	0.00	0.60	0.05	218.8%	1	2
7	2	176.6%	5.27	4.90	6.00	41.00	0.00	0.05	0.10	117.2%	3	26
131	128	185.6%	4.84	4.70	5.40	41.50	0.00	0.60	0.10	189.4%	3	3
9	1	137.1%	4.13	3.50	5.30	42.00	0.00	0.15	0.03	120.3%	1	15
2	1	124.2%	3.70	3.30	4.50	42.50	0.00	0.35	0.10	135.2%	1	6
1	2	122.7%	2.75	2.60	4.30	43.00	0.00	0.60	0.02	144.9%	2	73
2	2	86.3%	2.70	2.20	3.50	43.50	0.00	0.60	0.03	129.7%	3	53
138	136	129.3%	1.85	2.15	3.20	44.00	0.00	0.60	0.02	114.1%	4	124
16	8	80.1%	1.74	1.45	2.45	44.50	0.00	0.05	0.05	54.3%	3	66
93	76	88.3%	1.55	1.20	2.05	45.00	0.00	0.05	0.03	42.2%	31	121
203	184	89.8%	1.06	0.40	1.30	45.50	0.00	0.25	0.23	57.6%	2	16
664	655	62.9%	0.51	0.20	0.75	46.00	0.00	0.15	0.10	27.3%	69	143
PAAS $46.27
88	202	25.6%	0.05	0.00	0.15	46.50	0.20	0.35	0.47	22.3%	7	56
255	8	35.9%	0.02	0.00	0.10	47.00	0.15	1.10	0.52	69.1%	30	37
196	72	40.2%	0.15	0.00	0.05	47.50	0.50	1.75	1.42	104.1%	3	4
163	6	71.1%	0.05	0.00	0.30	48.00	1.00	1.80	1.67	56.3%	2	25
61	11	107.4%	0.06	0.00	0.60	48.50	1.50	3.10	4.16	67.2%	2	2
67	3	78.9%	0.03	0.00	0.15	49.00	2.05	4.00	4.33	120.3%	103	2
14	1	134.0%	0.13	0.00	0.60	49.50	2.55	3.90	5.35	185.6%	1	1
78	4	128.5%	0.01	0.00	0.40	50.00	3.00	4.40	5.77	199.8%	1	1
125	23	169.9%	0.05	0.00	0.60	51.00	4.00	5.60	6.70	116.4%	1	0
129	60	112.5%	0.04	0.00	0.05	52.00	5.00	6.60	6.10	134.4%	2	0
63	6	126.6%	0.03	0.00	0.05	53.00	5.80	7.00	6.51	207.0%	1	0
131	3	233.6%	0.05	0.00	0.60	54.00	7.10	7.80	7.45	168.0%	1	0
96	4	253.1%	0.05	0.00	0.60	55.00	8.10	10.00	9.14	257.4%	1	0
39	1	168.8%	0.01	0.00	0.05	56.00	9.00	10.60	10.07	199.2%	1	0
18	7	263.3%	0.05	0.00	0.40	57.00	—	—	—	—	—	—
85	22	307.0%	0.05	0.00	0.60	58.00	10.80	12.50	12.05	399.6%	2	1
9	1	323.8%	0.11	0.00	0.60	59.00	—	—	—	—	—	—
15	1	339.8%	0.05	0.00	0.60	60.00	—	—	—	—	—	—
21	1	355.9%	0.05	0.00	0.60	61.00	—	—	—	—	—	—
38	35	371.1%	0.05	0.00	0.60	62.00	—	—	—	—	—	—
1	2	400.8%	0.13	0.00	0.60	64.00	—	—	—	—	—	—
0	1	481.6%	0.03	0.00	0.60	70.00	—	—	—	—	—	—

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 PAAS put/call ratio?

For the October 9, 2026 expiration, the PAAS put/call ratio based on open interest is 0.26 (802 puts vs 3,066 calls), and 0.12 based on today's volume. A ratio above 1 means more puts than calls.

What is PAAS's implied volatility?

At-the-money implied volatility for PAAS options expiring October 9, 2026 is about 23.9%, an annualized estimate of how much the market expects Pan American Silver stock to move.

How many PAAS option expiration dates are there?

PAAS has 14 listed expiration dates, from Oct 9, 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.