Perma-Pipe International (PPIH) Options Chain
NASDAQ: PPIHIndustrialsPollution Control EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $31.32
- Put/call ratio (OI)
- 0.15
- Put/call ratio (volume)
- 3.38
- Expected move
- ±$8.24
- Open interest (C / P)
- 3.33K / 505
PPIH options summary
The PPIH options chain for the December 18, 2026 expiration lists 9 call and 8 put contracts, with 68 days until expiration. Open interest stands at 3,329 calls and 505 puts, a put/call ratio of 0.15, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $30.00 strike is 61.0%, which implies the market expects a move of about ±$8.24 (26.3%) in Perma-Pipe International stock by expiration.
The most open interest sits at the $35.00 call (1.50K contracts) and the $25.00 put (244 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PPIH options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 15.00 | 0.00 | 0.00 | 0.30 | |||||
| 14.00 | 13.10 | 16.10 | 17.50 | — | — | — | |||||
| 7.50 | 8.20 | 11.40 | 20.00 | 0.00 | 0.00 | 1.10 | |||||
| 6.40 | 5.50 | 7.70 | 22.50 | 1.20 | 4.10 | 2.20 | |||||
| 6.85 | 6.10 | 8.80 | 25.00 | 0.50 | 1.35 | 0.85 | |||||
| 4.12 | 3.00 | 5.00 | 30.00 | 1.35 | 2.55 | 3.10 | |||||
| 1.90 | 0.85 | 2.50 | 35.00 | 3.70 | 5.90 | 5.00 | |||||
| 0.70 | 0.05 | 1.05 | 40.00 | 0.00 | 0.00 | 11.24 | |||||
| 0.27 | 0.15 | 0.80 | 45.00 | — | — | — | |||||
| 0.15 | 0.00 | 0.80 | 50.00 | 0.00 | 0.00 | 19.40 | |||||
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 PPIH put/call ratio?
For the December 18, 2026 expiration, the PPIH put/call ratio based on open interest is 0.15 (505 puts vs 3,329 calls), and 3.38 based on today's volume. A ratio above 1 means more puts than calls.
What is PPIH's implied volatility?
At-the-money implied volatility for PPIH options expiring December 18, 2026 is about 61.0%, an annualized estimate of how much the market expects Perma-Pipe International stock to move.
How many PPIH option expiration dates are there?
PPIH has 4 listed expiration dates, from Oct 16, 2026 to Mar 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.