Philip Morris International (PM) Options Chain

NYSE: PMHealth Care Medicinal Chemicals and Botanical Products USD

201.19+0.69 (+0.34%)

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

After hours: 201.19 0.00%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 0
Share price: $201.19
Put/call ratio (OI): 1.06
Put/call ratio (volume): 0.49
ATM implied volatility: 28.8%
Expected move: ±$3.04
Open interest (C / P): 2.92K / 3.11K

PM options summary

The PM options chain for the October 9, 2026 expiration lists 15 call and 20 put contracts, expiring today. Open interest stands at 2,918 calls and 3,106 puts, a put/call ratio of 1.06, which is fairly balanced between calls and puts. At-the-money implied volatility near the $200.00 strike is 28.8%, which implies the market expects a move of about ±$3.04 (1.5%) in Philip Morris International stock by expiration.

The most open interest sits at the $190.00 call (696 contracts) and the $197.50 put (1.00K contracts).

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

PM options chain · October 9, 2026

PM 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
—	—	—	—	—	—	105.00	0.00	0.05	0.04	443.8%	—	2
—	—	—	—	—	—	110.00	0.00	4.90	0.75	835.7%	2	2
—	—	—	—	—	—	115.00	0.00	4.90	1.41	784.4%	1	1
—	—	—	—	—	—	145.00	0.00	4.90	0.11	512.7%	—	10
—	—	—	—	—	—	160.00	0.00	3.30	0.21	349.6%	—	26
0	—	268.2%	27.61	34.00	37.10	165.00	0.00	4.90	0.48	354.0%	4	7
—	—	—	—	—	—	167.50	0.00	0.15	0.15	159.4%	1	3
0	—	248.8%	22.30	29.00	32.30	170.00	0.00	4.90	0.25	315.8%	2	31
—	—	—	—	—	—	172.50	0.00	0.10	0.08	129.3%	1	12
0	150	198.4%	13.30	24.00	27.00	175.00	0.00	2.15	1.14	214.1%	9	72
—	—	—	—	—	—	177.50	0.00	4.90	1.08	258.7%	50	126
—	—	—	—	—	—	180.00	0.00	2.35	1.02	186.4%	9	158
—	—	—	—	—	—	182.50	0.00	2.15	0.04	165.1%	52	142
9	2	136.2%	14.50	14.00	17.00	185.00	0.00	1.05	0.05	120.9%	7	137
677	12	99.4%	13.40	11.50	14.10	187.50	0.00	2.15	0.08	131.9%	3	506
696	29	112.4%	10.54	9.00	12.20	190.00	0.00	0.15	0.08	59.0%	5	599
598	20	70.5%	7.00	6.50	9.10	192.50	0.00	2.40	0.05	101.9%	6	220
194	88	74.0%	5.49	4.40	7.10	195.00	0.00	0.05	0.15	33.2%	42	19
66	40	63.9%	2.95	2.35	4.90	197.50	0.00	0.65	0.23	47.3%	93	1,002
402	259	31.5%	1.00	0.50	2.00	200.00	0.00	0.60	0.81	26.1%	21	31
PM $201.19
106	4	9.8%	0.13	0.00	0.05	202.50	—	—	—	—	—	—
121	11	21.9%	0.05	0.00	0.05	205.00	—	—	—	—	—	—
7	10	43.0%	0.05	0.00	0.05	210.00	—	—	—	—	—	—
17	2	170.2%	0.08	0.00	4.90	215.00	—	—	—	—	—	—
25	6	72.7%	0.18	0.00	0.05	220.00	—	—	—	—	—	—

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 PM put/call ratio?

For the October 9, 2026 expiration, the PM put/call ratio based on open interest is 1.06 (3,106 puts vs 2,918 calls), and 0.49 based on today's volume. A ratio above 1 means more puts than calls.

What is PM's implied volatility?

At-the-money implied volatility for PM options expiring October 9, 2026 is about 28.8%, an annualized estimate of how much the market expects Philip Morris International stock to move.

How many PM option expiration dates are there?

PM has 14 listed expiration dates, from Oct 9, 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.