Pampa Energia S.A. (PAM) Options Chain
NYSE: PAMUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $80.34
- Put/call ratio (OI)
- 1.96
- Put/call ratio (volume)
- 46.00
- Expected move
- ±$11.34
- Open interest (C / P)
- 28 / 55
PAM options summary
The PAM options chain for the November 20, 2026 expiration lists 2 call and 5 put contracts, with 40 days until expiration. Open interest stands at 28 calls and 55 puts, a put/call ratio of 1.96, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $80.00 strike is 42.6%, which implies the market expects a move of about ±$11.34 (14.1%) in Pampa Energia S.A. stock by expiration.
The most open interest sits at the $85.00 call (25 contracts) and the $65.00 put (30 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PAM options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 65.00 | 0.00 | 2.45 | 0.80 | |||||
| — | — | — | 70.00 | 0.05 | 1.55 | 0.72 | |||||
| 7.00 | 6.30 | 9.20 | 75.00 | 0.15 | 3.80 | 3.50 | |||||
| — | — | — | 80.00 | 3.00 | 4.40 | 3.30 | |||||
| 2.70 | 1.40 | 2.75 | 85.00 | 4.90 | 7.20 | 9.48 | |||||
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 PAM put/call ratio?
For the November 20, 2026 expiration, the PAM put/call ratio based on open interest is 1.96 (55 puts vs 28 calls), and 46.00 based on today's volume. A ratio above 1 means more puts than calls.
What is PAM's implied volatility?
At-the-money implied volatility for PAM options expiring November 20, 2026 is about 42.6%, an annualized estimate of how much the market expects Pampa Energia S.A. stock to move.
How many PAM option expiration dates are there?
PAM has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.