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
- May 21, 2027
- Days to expiration
- 222
- Share price
- $26.62
- Put/call ratio (OI)
- 0.03
- Put/call ratio (volume)
- 0.42
- Expected move
- ±$3.81
- Open interest (C / P)
- 469 / 14
PAGP options summary
The PAGP options chain for the May 21, 2027 expiration lists 6 call and 1 put contracts, with 222 days until expiration. Open interest stands at 469 calls and 14 puts, a put/call ratio of 0.03, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $27.00 strike is 18.3%, which implies the market expects a move of about ±$3.81 (14.3%) in Plains GP L.P. stock by expiration.
The most open interest sits at the $27.00 call (375 contracts) and the $24.00 put (14 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PAGP options chain · May 21, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.00 | 6.80 | 8.30 | 19.00 | — | — | — | |||||
| — | — | — | 24.00 | 0.65 | 1.35 | 1.10 | |||||
| 1.82 | 1.40 | 1.85 | 26.00 | — | — | — | |||||
| 1.30 | 1.10 | 1.35 | 27.00 | — | — | — | |||||
| 0.95 | 0.75 | 1.10 | 28.00 | — | — | — | |||||
| 0.90 | 0.35 | 0.95 | 29.00 | — | — | — | |||||
| 0.30 | 0.05 | 0.70 | 31.00 | — | — | — | |||||
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 May 21, 2027 expiration, the PAGP put/call ratio based on open interest is 0.03 (14 puts vs 469 calls), and 0.42 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 May 21, 2027 is about 18.3%, 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.