Pagaya Technologies (PGY) Options Chain

NASDAQ: PGYFinanceFinance: Consumer ServicesUSD

18.22-0.04 (-0.22%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $18.22
Put/call ratio (OI): 1.28
Put/call ratio (volume): 2.71
ATM implied volatility: 70.7%
Expected move: ±$1.78
Open interest (C / P): 11.11K / 14.28K

PGY options summary

The PGY options chain for the October 16, 2026 expiration lists 17 call and 16 put contracts, with 7 days until expiration. Open interest stands at 11,114 calls and 14,280 puts, a put/call ratio of 1.28, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $18.00 strike is 70.7%, which implies the market expects a move of about ±$1.78 (9.8%) in Pagaya Technologies stock by expiration.

The most open interest sits at the $20.00 call (6.18K contracts) and the $16.00 put (4.33K contracts).

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

PGY options chain · October 16, 2026

PGY 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
4	5	204.7%	6.31	5.60	7.10	12.00	0.00	0.25	0.32	203.1%	1	41
—	—	—	—	—	—	14.00	0.00	0.05	0.05	100.0%	3	33
105	30	80.5%	3.00	2.70	3.80	15.00	0.00	0.10	0.05	89.1%	1	1,315
40	1	101.6%	2.75	2.00	2.90	16.00	0.05	0.10	0.08	71.5%	62	4,331
47	1	58.6%	1.50	1.05	1.70	17.00	0.15	0.20	0.19	61.3%	42	1,202
677	54	83.6%	0.80	0.20	0.95	18.00	0.40	0.55	0.52	57.8%	124	3,149
PGY $18.22
778	12	59.6%	0.33	0.20	0.40	19.00	0.90	1.45	1.05	69.9%	314	1,820
6,182	109	67.6%	0.13	0.10	0.20	20.00	1.55	2.20	1.90	58.2%	5	746
453	6	58.6%	0.06	0.00	0.05	21.00	1.65	3.80	2.78	197.3%	14	1,043
468	5	83.6%	0.05	0.00	0.10	22.00	3.10	4.30	3.85	164.4%	1	444
345	8	120.3%	0.05	0.00	0.25	23.00	4.10	5.30	4.62	185.6%	1	43
297	1	112.5%	0.10	0.00	0.10	24.00	5.20	6.30	6.52	205.1%	1	1
460	1	157.0%	0.10	0.00	0.30	25.00	5.90	7.40	7.79	237.1%	9	9
363	2	137.5%	0.05	0.00	0.10	26.00	6.90	8.40	8.55	254.3%	92	102
384	1	177.3%	0.01	0.00	0.25	27.00	7.90	9.40	5.40	270.3%	2	1
477	1	181.3%	0.23	0.00	0.20	28.00	—	—	—	—	—	—
16	10	182.8%	0.05	0.00	0.15	29.00	9.90	11.40	8.59	299.6%	—	0
18	1	180.5%	0.03	0.00	0.10	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 PGY put/call ratio?

For the October 16, 2026 expiration, the PGY put/call ratio based on open interest is 1.28 (14,280 puts vs 11,114 calls), and 2.71 based on today's volume. A ratio above 1 means more puts than calls.

What is PGY's implied volatility?

At-the-money implied volatility for PGY options expiring October 16, 2026 is about 70.7%, an annualized estimate of how much the market expects Pagaya Technologies stock to move.

How many PGY option expiration dates are there?

PGY has 8 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.