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: Sep 17, 2027
Days to expiration: 341
Share price: $125.97
Put/call ratio (OI): 1.42
Put/call ratio (volume): 0.84
ATM implied volatility: 24.2%
Expected move: ±$29.45
Open interest (C / P): 4.52K / 6.43K

PEP options summary

The PEP options chain for the September 17, 2027 expiration lists 25 call and 18 put contracts, with 341 days until expiration. Open interest stands at 4,521 calls and 6,435 puts, a put/call ratio of 1.42, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $125.00 strike is 24.2%, which implies the market expects a move of about ±$29.45 (23.4%) in PepsiCo stock by expiration.

The most open interest sits at the $155.00 call (723 contracts) and the $130.00 put (2.31K contracts).

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

PEP options chain · September 17, 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
—	—	—	—	—	—	80.00	0.25	1.78	0.71	37.3%	1	28
5	2	39.3%	44.11	39.75	44.00	85.00	0.35	1.10	0.95	29.3%	2	17
0	1	34.4%	35.15	36.05	38.85	90.00	0.85	1.67	1.33	29.0%	1	112
13	3	34.5%	35.11	30.85	35.00	95.00	1.66	1.94	1.81	26.6%	1	133
8	1	30.8%	29.00	27.20	30.15	100.00	2.28	2.69	2.50	25.9%	5	23
22	1	29.4%	25.98	23.00	26.10	105.00	3.40	4.10	3.49	26.4%	13	51
36	2	29.2%	21.45	20.45	22.75	110.00	4.65	5.30	4.77	25.5%	15	982
89	6	25.2%	17.75	17.20	18.00	115.00	6.20	7.05	6.30	25.3%	101	432
60	3	25.2%	14.70	14.45	15.15	120.00	8.00	8.40	8.20	23.5%	203	209
188	96	24.9%	12.25	11.90	12.55	125.00	10.30	10.85	10.58	23.4%	295	708
PEP $125.97
321	1	24.3%	9.95	9.55	10.10	130.00	12.60	13.85	12.00	23.8%	4	2,315
695	234	25.3%	8.15	7.15	8.70	135.00	15.85	16.75	16.05	23.3%	3	33
582	238	24.1%	6.40	6.15	6.55	140.00	18.60	20.65	19.55	24.2%	2	1,288
121	22	24.5%	4.96	4.60	5.45	145.00	21.45	23.70	23.05	22.7%	1	37
243	8	24.8%	4.00	3.55	4.50	150.00	25.35	27.80	25.39	23.0%	2	60
723	2	24.0%	3.35	2.65	3.30	155.00	30.15	31.90	32.01	22.8%	1	4
121	1	25.2%	2.53	2.17	2.97	160.00	33.35	37.35	35.70	26.2%	1	1
147	12	24.5%	1.97	1.65	2.16	165.00	38.45	41.15	35.62	24.4%	—	2
105	1	25.5%	1.54	1.30	1.95	170.00	—	—	—	—	—	—
717	9	25.8%	1.36	0.88	1.61	175.00	—	—	—	—	—	—
29	1	26.1%	1.16	0.60	1.34	180.00	—	—	—	—	—	—
11	10	26.5%	0.88	0.41	1.15	185.00	—	—	—	—	—	—
1	1	29.8%	1.70	0.10	1.53	190.00	—	—	—	—	—	—
10	1	29.6%	1.15	0.00	1.24	195.00	—	—	—	—	—	—
1	—	29.3%	1.00	0.00	0.97	200.00	—	—	—	—	—	—
273	120	29.1%	0.56	0.02	0.63	210.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the PEP put/call ratio based on open interest is 1.42 (6,435 puts vs 4,521 calls), and 0.84 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 September 17, 2027 is about 24.2%, 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.