Pitney Bowes (PBI) Options Chain

NYSE: PBIMiscellaneousOffice Equipment/Supplies/ServicesUSD

16.80-0.18 (-1.06%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $16.80
Put/call ratio (OI): 0.28
Put/call ratio (volume): 7.41
ATM implied volatility: 48.3%
Expected move: ±$4.16
Open interest (C / P): 28.79K / 8.05K

PBI options summary

The PBI options chain for the January 15, 2027 expiration lists 26 call and 17 put contracts, with 96 days until expiration. Open interest stands at 28,786 calls and 8,046 puts, a put/call ratio of 0.28, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $17.00 strike is 48.3%, which implies the market expects a move of about ±$4.16 (24.8%) in Pitney Bowes stock by expiration.

The most open interest sits at the $5.00 call (6.56K contracts) and the $10.00 put (3.00K contracts).

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

PBI options chain · January 15, 2027

PBI 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
0	15	—	17.40	0.00	0.00	1.00	0.00	0.20	0.02	325.0%	9	19
0	5	—	15.80	0.00	0.00	2.00	—	—	—	—	—	—
0	1	—	14.77	0.00	0.00	3.00	0.00	0.00	0.10	50.0%	4	0
327	1	311.3%	13.50	12.70	15.10	4.00	0.30	0.50	0.70	218.8%	2	2
6,556	6	146.1%	11.43	11.50	12.40	5.00	0.00	0.00	0.20	50.0%	501	0
2,263	2	88.3%	9.53	9.70	10.00	7.00	0.00	0.15	0.11	94.5%	10	2,596
—	—	—	—	—	—	9.00	0.00	0.95	0.25	110.7%	—	1
2,458	5	86.9%	6.80	6.40	7.90	10.00	0.00	0.50	0.20	78.9%	3	2,997
3,996	5	56.4%	4.91	4.80	5.30	12.00	0.10	0.40	0.25	56.4%	100	2,055
0	3	—	5.22	0.00	0.00	13.00	0.05	0.80	0.43	55.5%	5	9
65	3	55.8%	3.39	2.90	4.10	14.00	0.15	1.10	0.60	52.8%	10	18
4,037	2	55.6%	2.28	2.35	2.85	15.00	0.50	1.30	0.80	50.5%	5	100
296	1	60.3%	1.70	1.70	2.45	16.00	0.70	1.45	1.15	54.2%	8	36
PBI $16.80
2,436	22	47.6%	1.46	1.30	1.55	17.00	1.05	1.80	1.55	49.0%	5	40
93	1	55.9%	1.01	0.75	1.45	18.00	1.85	2.35	2.20	47.2%	12	166
131	1	56.4%	0.67	0.40	1.15	19.00	2.10	3.20	2.50	51.9%	5	5
4,416	1	48.3%	0.45	0.25	0.65	20.00	3.40	5.00	5.10	59.8%	1	2
96	1	49.4%	0.30	0.15	0.50	21.00	—	—	—	—	—	—
252	2	62.8%	0.32	0.00	0.70	22.00	11.40	14.10	10.64	271.0%	2	0
8	1	55.1%	0.40	0.00	0.75	23.00	—	—	—	—	—	—
63	1	59.8%	0.32	0.00	0.75	24.00	—	—	—	—	—	—
1,204	3	64.2%	0.37	0.00	0.75	25.00	—	—	—	—	—	—
34	3	68.3%	0.35	0.00	0.75	26.00	—	—	—	—	—	—
42	2	72.2%	0.28	0.00	0.75	27.00	—	—	—	—	—	—
12	3	75.8%	0.40	0.00	0.75	28.00	—	—	—	—	—	—
0	1	79.3%	0.38	0.00	0.75	29.00	—	—	—	—	—	—
1	1	82.6%	0.22	0.00	0.75	30.00	—	—	—	—	—	—

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 PBI put/call ratio?

For the January 15, 2027 expiration, the PBI put/call ratio based on open interest is 0.28 (8,046 puts vs 28,786 calls), and 7.41 based on today's volume. A ratio above 1 means more puts than calls.

What is PBI's implied volatility?

At-the-money implied volatility for PBI options expiring January 15, 2027 is about 48.3%, an annualized estimate of how much the market expects Pitney Bowes stock to move.

How many PBI option expiration dates are there?

PBI 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.