Ranpak (PACK) Options Chain
NYSE: PACKConsumer DiscretionaryContainers/PackagingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 41
- Share price
- $3.71
- Put/call ratio (OI)
- 0.29
- Put/call ratio (volume)
- 1.29
- ATM implied volatility
- 208.2%
- Expected move
- ±$2.59
- Open interest (C / P)
- 255 / 74
PACK options summary
The PACK options chain for the November 20, 2026 expiration lists 5 call and 3 put contracts, with 41 days until expiration. Open interest stands at 255 calls and 74 puts, a put/call ratio of 0.29, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 208.2%, which implies the market expects a move of about ±$2.59 (69.8%) in Ranpak stock by expiration.
The most open interest sits at the $5.00 call (104 contracts) and the $5.00 put (73 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PACK options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 5.22 | 3.10 | 6.30 | 2.50 | 0.00 | 0.75 | 0.10 | |||||
| 0.31 | 0.00 | 0.75 | 5.00 | 1.20 | 1.50 | 1.29 | |||||
| 0.09 | 0.00 | 0.30 | 7.50 | 3.00 | 4.20 | 2.55 | |||||
| 0.43 | 0.00 | 1.20 | 10.00 | — | — | — | |||||
| 0.13 | 0.00 | 0.25 | 12.50 | — | — | — | |||||
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 PACK put/call ratio?
For the November 20, 2026 expiration, the PACK put/call ratio based on open interest is 0.29 (74 puts vs 255 calls), and 1.29 based on today's volume. A ratio above 1 means more puts than calls.
What is PACK's implied volatility?
At-the-money implied volatility for PACK options expiring November 20, 2026 is about 208.2%, an annualized estimate of how much the market expects Ranpak stock to move.
How many PACK option expiration dates are there?
PACK has 4 listed expiration dates, from Oct 16, 2026 to May 21, 2027.
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.