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

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $46.27
Put/call ratio (OI): 5.24
Put/call ratio (volume): 3.50
ATM implied volatility: 48.1%
Expected move: ±$21.50
Open interest (C / P): 38 / 199

PAAS options summary

The PAAS options chain for the September 17, 2027 expiration lists 4 call and 7 put contracts, with 341 days until expiration. Open interest stands at 38 calls and 199 puts, a put/call ratio of 5.24, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $50.00 strike is 48.1%, which implies the market expects a move of about ±$21.50 (46.5%) in Pan American Silver stock by expiration.

The most open interest sits at the $55.00 call (22 contracts) and the $55.00 put (74 contracts).

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

PAAS options chain · September 17, 2027

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
—	—	—	—	—	—	33.00	1.95	2.35	2.60	47.2%	—	1
—	—	—	—	—	—	35.00	2.50	2.95	3.10	46.8%	3	4
1	—	52.3%	11.52	11.50	12.70	40.00	4.30	4.90	5.10	46.3%	1	4
PAAS $46.27
10	—	51.1%	7.93	7.20	8.10	50.00	9.50	10.30	10.81	45.1%	1	55
22	1	51.0%	5.96	5.70	6.50	55.00	12.80	13.80	13.70	45.2%	—	74
—	—	—	—	—	—	60.00	16.40	17.50	17.50	44.6%	—	60
5	1	50.9%	2.55	2.75	3.40	70.00	24.60	25.90	25.90	44.6%	2	1

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 September 17, 2027 expiration, the PAAS put/call ratio based on open interest is 5.24 (199 puts vs 38 calls), and 3.50 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 September 17, 2027 is about 48.1%, 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 13 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.