Plains GP L.P. (PAGP) Options Chain
NASDAQ: PAGPEnergyNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 7
- Share price
- $26.62
- Put/call ratio (OI)
- 1.44
- Put/call ratio (volume)
- 0.03
- Expected move
- ±$1.18
- Open interest (C / P)
- 6.89K / 9.95K
PAGP options summary
The PAGP options chain for the October 16, 2026 expiration lists 12 call and 5 put contracts, with 7 days until expiration. Open interest stands at 6,888 calls and 9,953 puts, a put/call ratio of 1.44, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $27.00 strike is 32.1%, which implies the market expects a move of about ±$1.18 (4.4%) in Plains GP L.P. stock by expiration.
The most open interest sits at the $28.00 call (2.11K contracts) and the $27.00 put (7.26K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PAGP options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 7.66 | 6.20 | 7.10 | 20.00 | — | — | — | |||||
| 5.60 | 5.10 | 6.10 | 21.00 | — | — | — | |||||
| 3.94 | 4.20 | 5.10 | 22.00 | — | — | — | |||||
| 2.97 | 3.20 | 4.10 | 23.00 | — | — | — | |||||
| 2.75 | 2.20 | 3.10 | 24.00 | 0.00 | 0.35 | 0.05 | |||||
| — | — | — | 25.00 | 0.00 | 0.20 | 0.05 | |||||
| 0.70 | 0.45 | 0.90 | 26.00 | 0.00 | 0.20 | 0.10 | |||||
| 0.15 | 0.05 | 0.25 | 27.00 | 0.45 | 0.75 | 0.54 | |||||
| 0.05 | 0.00 | 0.15 | 28.00 | 0.95 | 1.85 | 1.23 | |||||
| 0.10 | 0.00 | 0.15 | 29.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.35 | 30.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.35 | 31.00 | — | — | — | |||||
| 0.03 | 0.00 | 0.35 | 33.00 | — | — | — | |||||
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 PAGP put/call ratio?
For the October 16, 2026 expiration, the PAGP put/call ratio based on open interest is 1.44 (9,953 puts vs 6,888 calls), and 0.03 based on today's volume. A ratio above 1 means more puts than calls.
What is PAGP's implied volatility?
At-the-money implied volatility for PAGP options expiring October 16, 2026 is about 32.1%, an annualized estimate of how much the market expects Plains GP L.P. stock to move.
How many PAGP option expiration dates are there?
PAGP 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.