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: Mar 19, 2027
Days to expiration: 159
Share price: $51.60
Put/call ratio (OI): 1.62
Put/call ratio (volume): 8.95
ATM implied volatility: 56.8%
Expected move: ±$19.34
Open interest (C / P): 188 / 305

PII options summary

The PII options chain for the March 19, 2027 expiration lists 11 call and 7 put contracts, with 159 days until expiration. Open interest stands at 188 calls and 305 puts, a put/call ratio of 1.62, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $50.00 strike is 56.8%, which implies the market expects a move of about ±$19.34 (37.5%) in Polaris stock by expiration.

The most open interest sits at the $65.00 call (58 contracts) and the $60.00 put (101 contracts).

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

PII options chain · March 19, 2027

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
—	—	—	—	—	—	35.00	0.00	1.75	1.20	50.9%	40	71
—	—	—	—	—	—	40.00	0.55	3.80	2.10	53.1%	1	1
10	—	66.4%	13.70	8.10	12.10	45.00	2.95	4.90	3.81	53.0%	1	2
—	—	—	—	—	—	50.00	4.40	6.80	3.96	56.8%	22	26
PII $51.60
27	2	58.5%	6.40	4.20	6.60	55.00	6.90	9.50	8.07	54.9%	10	81
27	3	51.3%	4.60	2.80	5.30	60.00	10.30	13.70	12.10	60.7%	100	101
58	5	53.9%	2.50	2.00	3.20	65.00	14.20	18.20	14.76	50.6%	5	23
13	1	54.2%	2.40	0.60	2.35	70.00	—	—	—	—	—	—
30	3	55.8%	1.42	0.40	1.85	75.00	—	—	—	—	—	—
12	1	56.4%	1.25	0.05	1.40	80.00	—	—	—	—	—	—
4	2	75.4%	5.30	1.20	4.20	85.00	—	—	—	—	—	—
6	2	51.0%	0.33	0.10	0.85	90.00	—	—	—	—	—	—
1	—	77.2%	4.60	0.00	3.30	100.00	—	—	—	—	—	—
0	1	25.0%	2.40	0.00	0.00	105.00	—	—	—	—	—	—

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 March 19, 2027 expiration, the PII put/call ratio based on open interest is 1.62 (305 puts vs 188 calls), and 8.95 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 March 19, 2027 is about 56.8%, 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.