Pfizer (PFE) Options Chain

NYSE: PFEHealth CareBiotechnology: Pharmaceutical PreparationsUSD

28.28+0.46 (+1.65%)

At close: Oct 9, 4:01 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $28.28
Put/call ratio (OI): 1.00
Put/call ratio (volume): 1.13
ATM implied volatility: 24.1%
Expected move: ±$3.50
Open interest (C / P): 303.52K / 304.65K

PFE options summary

The PFE options chain for the January 15, 2027 expiration lists 28 call and 26 put contracts, with 96 days until expiration. Open interest stands at 303,519 calls and 304,646 puts, a put/call ratio of 1.00, which is fairly balanced between calls and puts. At-the-money implied volatility near the $28.00 strike is 24.1%, which implies the market expects a move of about ±$3.50 (12.4%) in Pfizer stock by expiration.

The most open interest sits at the $30.00 call (69.23K contracts) and the $25.00 put (64.67K contracts).

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

PFE options chain · January 15, 2027

PFE 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
14	6	154.6%	15.70	13.15	16.55	13.00	0.00	0.02	0.01	59.4%	5	10,012
165	2	108.5%	13.86	12.05	14.00	15.00	0.00	0.02	0.01	53.1%	1	18,564
10	75	117.6%	9.20	10.90	13.45	16.00	0.00	0.10	0.07	55.1%	2	7
2	2	—	8.90	6.45	9.40	17.00	0.00	0.24	0.03	58.2%	5	2,115
418	15	59.9%	10.00	10.00	10.50	18.00	0.00	0.03	0.03	41.4%	5	16,007
7	2	89.1%	8.98	8.20	10.40	19.00	0.01	0.06	0.02	41.4%	100	285
4,177	11	48.2%	8.20	8.15	8.50	20.00	0.03	0.08	0.04	38.9%	6	59,457
218	1	67.6%	7.00	6.65	8.20	21.00	0.02	0.07	0.07	33.2%	1	4,693
1,057	1	39.6%	5.83	5.95	6.55	22.00	0.05	0.10	0.08	31.1%	18	6,606
10,180	6	30.2%	4.96	5.00	5.45	23.00	0.10	0.15	0.11	29.2%	1,443	48,048
1,366	1	27.3%	4.33	4.20	4.50	24.00	0.18	0.21	0.19	26.9%	14	9,805
27,552	11	25.3%	3.50	3.45	3.60	25.00	0.31	0.33	0.33	25.6%	320	64,672
4,423	39	24.1%	2.43	2.61	2.78	26.00	0.52	0.57	0.60	25.7%	4	5,380
56,104	64	23.5%	2.01	1.94	2.07	27.00	0.83	0.89	0.90	25.4%	63	33,669
10,768	41	22.6%	1.43	1.42	1.45	28.00	1.22	1.35	1.31	25.7%	55	5,508
PFE $28.28
16,378	113	23.8%	0.98	0.97	1.07	29.00	1.72	2.09	2.25	29.0%	9	1,647
69,234	223	22.5%	0.66	0.65	0.66	30.00	2.47	2.78	3.05	29.9%	58	7,887
5,334	440	23.4%	0.43	0.42	0.46	31.00	3.25	3.70	3.80	33.9%	2	19
24,296	678	23.4%	0.28	0.24	0.29	32.00	3.90	4.45	4.63	33.7%	5	6,323
4,853	11	24.3%	0.16	0.17	0.20	33.00	0.00	0.00	5.36	—	44	0
354	1	26.8%	0.08	0.07	0.18	34.00	0.00	0.00	6.30	—	—	0
24,144	173	26.6%	0.11	0.08	0.11	35.00	7.00	7.45	6.55	45.6%	5	3,814
824	8	35.4%	0.07	0.05	0.25	36.00	—	—	—	—	—	—
8,225	36	29.8%	0.05	0.05	0.08	37.00	8.20	10.10	9.55	66.9%	1	16
444	2	33.4%	0.04	0.00	0.10	38.00	9.05	11.35	10.63	75.5%	4	1
863	1	35.1%	0.04	0.00	0.09	39.00	—	—	—	—	—	—
12,191	24	34.8%	0.04	0.02	0.06	40.00	10.85	13.30	11.22	50.0%	8	35
19,918	6	37.5%	0.03	0.02	0.05	42.00	12.80	15.25	13.52	52.9%	68	76

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 PFE put/call ratio?

For the January 15, 2027 expiration, the PFE put/call ratio based on open interest is 1.00 (304,646 puts vs 303,519 calls), and 1.13 based on today's volume. A ratio above 1 means more puts than calls.

What is PFE's implied volatility?

At-the-money implied volatility for PFE options expiring January 15, 2027 is about 24.1%, an annualized estimate of how much the market expects Pfizer stock to move.

How many PFE option expiration dates are there?

PFE has 15 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.