Douglas Dynamics (PLOW) Options Chain

NYSE: PLOWIndustrialsConstruction/Ag Equipment/TrucksUSD

39.19-0.20 (-0.51%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $39.19
Put/call ratio (OI): 0.12
Put/call ratio (volume): 0.16
ATM implied volatility: 73.6%
Expected move: ±$9.55
Open interest (C / P): 330 / 40

PLOW options summary

The PLOW options chain for the November 20, 2026 expiration lists 9 call and 5 put contracts, with 40 days until expiration. Open interest stands at 330 calls and 40 puts, a put/call ratio of 0.12, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 73.6%, which implies the market expects a move of about ±$9.55 (24.4%) in Douglas Dynamics stock by expiration.

The most open interest sits at the $50.00 call (75 contracts) and the $40.00 put (18 contracts).

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

PLOW options chain · November 20, 2026

PLOW 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
30	2	51.9%	10.78	7.60	11.10	30.00	0.00	0.00	0.25	25.0%	—	0
1	—	99.8%	11.80	6.20	8.40	35.00	0.00	0.75	0.75	45.5%	1	12
PLOW $39.19
7	1	79.4%	3.15	0.50	3.80	40.00	0.90	4.00	2.50	67.8%	1	18
57	20	64.9%	0.93	0.00	2.90	45.00	4.20	7.50	6.04	70.1%	2	5
75	2	55.9%	0.30	0.00	0.75	50.00	7.00	10.50	7.90	—	1	5
23	1	74.9%	1.75	0.00	0.95	55.00	—	—	—	—	—	—
2	1	83.5%	0.30	0.00	0.75	60.00	—	—	—	—	—	—
63	4	114.9%	0.18	0.00	1.15	70.00	—	—	—	—	—	—
72	1	83.2%	0.15	0.00	0.10	75.00	—	—	—	—	—	—

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 PLOW put/call ratio?

For the November 20, 2026 expiration, the PLOW put/call ratio based on open interest is 0.12 (40 puts vs 330 calls), and 0.16 based on today's volume. A ratio above 1 means more puts than calls.

What is PLOW's implied volatility?

At-the-money implied volatility for PLOW options expiring November 20, 2026 is about 73.6%, an annualized estimate of how much the market expects Douglas Dynamics stock to move.

How many PLOW option expiration dates are there?

PLOW has 6 listed expiration dates, from Oct 16, 2026 to Nov 19, 2027.

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.