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: Feb 19, 2027
Days to expiration: 131
Share price: $18.22
Put/call ratio (OI): 0.40
Put/call ratio (volume): 0.45
ATM implied volatility: 73.4%
Expected move: ±$8.01
Open interest (C / P): 3.70K / 1.50K

PGY options summary

The PGY options chain for the February 19, 2027 expiration lists 28 call and 24 put contracts, with 131 days until expiration. Open interest stands at 3,704 calls and 1,498 puts, a put/call ratio of 0.40, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $18.00 strike is 73.4%, which implies the market expects a move of about ±$8.01 (44.0%) in Pagaya Technologies stock by expiration.

The most open interest sits at the $30.00 call (435 contracts) and the $13.00 put (222 contracts).

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

PGY options chain · February 19, 2027

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
—	—	—	15.09	—	—	3.00	—	—	—	—	—	—
—	—	—	—	—	—	8.00	0.00	0.75	0.10	108.5%	2	23
—	—	—	—	—	—	9.00	0.00	0.75	0.20	95.3%	7	14
16	10	92.8%	7.40	8.00	9.50	10.00	0.00	0.50	0.48	74.6%	1	84
7	1	91.0%	7.80	7.20	8.70	11.00	0.05	0.75	0.55	74.1%	1	60
1	—	87.6%	6.45	6.40	7.90	12.00	0.20	1.00	0.60	73.7%	11	36
1	—	86.7%	9.99	5.70	7.20	13.00	0.60	1.30	0.80	76.9%	1	222
7	2	84.4%	10.55	5.00	6.50	14.00	0.85	1.60	1.15	74.8%	3	83
30	2	83.7%	9.00	4.70	5.60	15.00	1.20	1.90	1.40	73.0%	4	201
37	1	83.2%	4.40	4.00	5.20	16.00	1.60	2.35	1.95	72.6%	4	111
230	1	80.2%	3.94	3.40	4.60	17.00	2.00	2.85	2.40	71.5%	3	120
319	9	76.4%	3.50	2.80	4.00	18.00	2.45	3.40	3.10	70.4%	1	27
PGY $18.22
131	1	78.6%	2.90	2.50	3.70	19.00	3.00	3.90	3.80	68.7%	19	26
307	7	76.4%	2.75	2.20	3.10	20.00	3.70	4.50	4.30	68.8%	2	68
287	5	73.2%	2.33	1.85	2.55	21.00	4.10	5.30	4.60	66.8%	6	67
216	5	75.0%	1.93	1.55	2.45	22.00	4.80	6.00	5.30	66.1%	1	123
287	10	74.8%	2.55	1.30	2.20	23.00	5.40	6.90	6.00	65.6%	21	80
246	2	75.2%	1.60	1.10	2.00	24.00	6.10	7.60	6.80	63.0%	3	34
354	2	69.7%	1.22	0.50	1.80	25.00	6.90	8.40	5.82	62.1%	1	23
111	1	76.0%	1.10	0.80	1.65	26.00	7.80	9.30	7.00	63.2%	—	48
108	1	76.0%	0.96	0.65	1.50	27.00	8.60	10.10	7.70	60.5%	18	21
117	2	76.1%	0.75	0.55	1.35	28.00	9.50	11.00	7.30	60.4%	—	3
39	7	75.7%	1.50	0.40	1.25	29.00	10.00	12.40	8.10	61.6%	10	12
435	2	75.7%	1.35	0.40	1.05	30.00	10.80	13.20	10.53	55.1%	1	4
48	30	77.0%	0.65	0.30	1.05	31.00	11.80	14.20	9.50	57.6%	—	8
140	90	76.2%	0.54	0.10	1.05	32.00	—	—	—	—	—	—
65	5	76.0%	0.45	0.05	0.95	33.00	—	—	—	—	—	—
69	15	76.4%	0.35	0.05	0.85	34.00	—	—	—	—	—	—
60	30	78.7%	0.51	0.10	0.80	35.00	—	—	—	—	—	—
36	25	84.2%	0.30	0.00	1.05	36.00	—	—	—	—	—	—

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 February 19, 2027 expiration, the PGY put/call ratio based on open interest is 0.40 (1,498 puts vs 3,704 calls), and 0.45 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 February 19, 2027 is about 73.4%, 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.