Polaris (PII) Options Chain

NYSE: PIIConsumer DiscretionaryIndustrial SpecialtiesUSD

51.60-1.21 (-2.29%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $51.60
Put/call ratio (OI): 1.26
Put/call ratio (volume): 1.94
ATM implied volatility: 54.4%
Expected move: ±$12.12
Open interest (C / P): 418 / 527

PII options summary

The PII options chain for the December 18, 2026 expiration lists 15 call and 12 put contracts, with 68 days until expiration. Open interest stands at 418 calls and 527 puts, a put/call ratio of 1.26, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $50.00 strike is 54.4%, which implies the market expects a move of about ±$12.12 (23.5%) in Polaris stock by expiration.

The most open interest sits at the $80.00 call (98 contracts) and the $60.00 put (202 contracts).

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

PII options chain · December 18, 2026

PII 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
—	—	—	—	—	—	25.00	0.00	0.90	0.80	108.6%	—	1
—	—	—	—	—	—	30.00	0.00	0.75	0.13	81.5%	60	63
—	—	—	—	—	—	35.00	0.20	1.35	1.35	74.7%	1	14
5	1	67.3%	12.88	12.10	13.90	40.00	0.35	1.10	0.87	53.4%	1	15
1	—	57.5%	9.90	7.70	9.90	45.00	0.65	3.40	2.00	55.0%	1	51
18	8	53.5%	15.19	4.50	6.60	50.00	2.55	4.10	3.51	55.3%	11	47
PII $51.60
17	10	51.0%	3.25	2.10	3.20	55.00	5.60	7.20	6.50	57.8%	10	52
40	4	53.4%	1.75	1.05	2.00	60.00	9.40	10.60	7.00	56.0%	4	202
74	6	56.1%	1.10	0.45	1.30	65.00	13.00	14.70	13.48	56.2%	1	62
68	5	51.3%	0.65	0.05	1.00	70.00	17.30	19.50	10.20	63.1%	1	17
33	1	55.8%	0.52	0.00	0.80	75.00	13.50	15.90	12.00	—	1	2
98	2	62.0%	0.75	0.00	0.75	80.00	26.50	29.00	18.85	68.8%	—	1
41	1	68.4%	0.20	0.00	0.75	85.00	—	—	—	—	—	—
12	1	81.6%	0.40	0.00	1.20	90.00	—	—	—	—	—	—
0	2	25.0%	1.30	0.00	0.00	95.00	—	—	—	—	—	—
2	3	88.5%	2.68	0.00	0.95	100.00	—	—	—	—	—	—
4	2	90.4%	1.50	0.00	0.80	105.00	—	—	—	—	—	—
5	1	117.5%	1.40	0.00	2.30	110.00	—	—	—	—	—	—

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 PII put/call ratio?

For the December 18, 2026 expiration, the PII put/call ratio based on open interest is 1.26 (527 puts vs 418 calls), and 1.94 based on today's volume. A ratio above 1 means more puts than calls.

What is PII's implied volatility?

At-the-money implied volatility for PII options expiring December 18, 2026 is about 54.4%, an annualized estimate of how much the market expects Polaris stock to move.

How many PII option expiration dates are there?

PII has 6 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.