PepsiCo (PEP) Options Chain

NASDAQ: PEPConsumer StaplesBeverages (Production/Distribution)USD

125.97-2.37 (-1.85%)

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

Expiration date

Expiration: Apr 16, 2027
Days to expiration: 187
Share price: $125.97
Put/call ratio (OI): 1.04
Put/call ratio (volume): 1.62
ATM implied volatility: 24.9%
Expected move: ±$22.41
Open interest (C / P): 1.07K / 1.12K

PEP options summary

The PEP options chain for the April 16, 2027 expiration lists 19 call and 16 put contracts, with 187 days until expiration. Open interest stands at 1,074 calls and 1,116 puts, a put/call ratio of 1.04, which is fairly balanced between calls and puts. At-the-money implied volatility near the $125.00 strike is 24.9%, which implies the market expects a move of about ±$22.41 (17.8%) in PepsiCo stock by expiration.

The most open interest sits at the $145.00 call (231 contracts) and the $110.00 put (263 contracts).

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

PEP options chain · April 16, 2027

PEP 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
1	—	50.2%	46.73	39.70	43.55	85.00	0.00	0.60	0.27	34.4%	8	17
—	—	—	—	—	—	90.00	0.16	0.77	0.40	32.0%	1	2
—	—	—	—	—	—	95.00	0.18	1.10	0.63	30.4%	2	23
5	4	34.5%	29.20	25.40	28.60	100.00	0.81	1.04	0.99	25.7%	1	44
7	5	34.8%	24.90	21.75	24.85	105.00	1.25	1.95	1.65	26.4%	82	20
12	1	32.9%	18.97	17.35	20.85	110.00	1.84	2.72	2.38	24.9%	4	263
16	1	30.2%	18.37	13.65	16.80	115.00	2.92	4.50	3.50	26.0%	1	219
148	3	26.3%	11.80	11.40	12.55	120.00	5.10	5.75	5.43	23.9%	3	66
176	2	25.1%	8.70	8.50	9.50	125.00	7.40	8.35	7.50	24.6%	1	157
PEP $125.97
69	4	24.1%	6.70	6.50	6.95	130.00	9.55	11.05	10.80	24.3%	3	89
111	2	24.4%	4.30	3.60	5.30	135.00	11.45	15.20	13.99	26.9%	122	123
151	5	26.9%	3.50	3.10	4.70	140.00	15.60	18.55	15.45	26.4%	3	19
231	78	26.4%	2.33	1.47	3.40	145.00	19.15	22.85	19.84	27.9%	2	52
52	15	24.2%	1.46	1.40	1.97	150.00	24.20	27.40	27.20	29.6%	4	6
27	6	25.0%	1.48	0.76	1.54	155.00	29.40	30.75	30.00	25.9%	1	11
16	5	25.7%	0.65	0.45	1.20	160.00	—	—	—	—	—	—
5	3	28.4%	2.06	0.01	1.26	165.00	—	—	—	—	—	—
14	1	29.3%	0.50	0.01	1.06	170.00	—	—	—	—	—	—
3	2	28.7%	1.39	0.00	0.71	175.00	47.35	51.30	46.05	38.2%	—	5
24	1	29.7%	0.33	0.00	0.62	180.00	—	—	—	—	—	—
6	9	28.5%	0.24	0.01	0.36	185.00	—	—	—	—	—	—

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 PEP put/call ratio?

For the April 16, 2027 expiration, the PEP put/call ratio based on open interest is 1.04 (1,116 puts vs 1,074 calls), and 1.62 based on today's volume. A ratio above 1 means more puts than calls.

What is PEP's implied volatility?

At-the-money implied volatility for PEP options expiring April 16, 2027 is about 24.9%, an annualized estimate of how much the market expects PepsiCo stock to move.

How many PEP option expiration dates are there?

PEP has 14 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.