Philip Morris International (PM) Options Chain
NYSE: PMHealth Care Medicinal Chemicals and Botanical Products USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 30, 2026
- Days to expiration
- 20
- Share price
- $201.19
- Put/call ratio (OI)
- 0.50
- Put/call ratio (volume)
- 0.46
- Expected move
- ±$17.58
- Open interest (C / P)
- 1.10K / 552
PM options summary
The PM options chain for the October 30, 2026 expiration lists 12 call and 12 put contracts, with 20 days until expiration. Open interest stands at 1,103 calls and 552 puts, a put/call ratio of 0.50, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $200.00 strike is 37.3%, which implies the market expects a move of about ±$17.58 (8.7%) in Philip Morris International stock by expiration.
The most open interest sits at the $195.00 call (502 contracts) and the $185.00 put (241 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PM options chain · October 30, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 130.00 | 0.00 | 2.15 | 0.05 | |||||
| — | — | — | 155.00 | 0.00 | 1.65 | 0.30 | |||||
| — | — | — | 160.00 | 0.00 | 2.25 | 0.35 | |||||
| — | — | — | 165.00 | 0.00 | 2.35 | 0.60 | |||||
| 31.00 | 29.80 | 32.80 | 170.00 | 0.05 | 0.85 | 0.71 | |||||
| 16.67 | 24.90 | 28.20 | 175.00 | 0.15 | 1.15 | 0.66 | |||||
| 12.82 | 20.40 | 23.30 | 180.00 | 0.40 | 1.40 | 1.06 | |||||
| 8.50 | 16.00 | 18.50 | 185.00 | 1.10 | 2.00 | 1.59 | |||||
| 9.42 | 12.50 | 14.50 | 190.00 | 1.20 | 3.90 | 2.45 | |||||
| 8.80 | 8.60 | 10.70 | 195.00 | 3.20 | 4.20 | 4.27 | |||||
| 6.28 | 6.20 | 7.60 | 200.00 | — | — | 6.00 | |||||
| 4.35 | 4.00 | 5.00 | 205.00 | 7.40 | 9.10 | 18.35 | |||||
| 2.72 | 2.60 | 3.70 | 210.00 | — | — | — | |||||
| 1.70 | 1.35 | 2.10 | 215.00 | — | — | — | |||||
| 1.35 | 0.15 | 2.00 | 220.00 | — | — | — | |||||
| 0.60 | 0.30 | 0.95 | 225.00 | — | — | — | |||||
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 30, 2026 expiration, the PM put/call ratio based on open interest is 0.50 (552 puts vs 1,103 calls), and 0.46 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 30, 2026 is about 37.3%, 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 13 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.