PPL (PPL) Options Chain

NYSE: PPLUtilitiesElectric Utilities: CentralUSD

34.25+0.15 (+0.44%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $34.25
Put/call ratio (OI): 0.20
Put/call ratio (volume): 0.18
ATM implied volatility: 22.7%
Expected move: ±$8.80
Open interest (C / P): 3.54K / 723

PPL options summary

The PPL options chain for the January 21, 2028 expiration lists 13 call and 9 put contracts, with 468 days until expiration. Open interest stands at 3,538 calls and 723 puts, a put/call ratio of 0.20, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $35.00 strike is 22.7%, which implies the market expects a move of about ±$8.80 (25.7%) in PPL stock by expiration.

The most open interest sits at the $42.00 call (2.38K contracts) and the $30.00 put (265 contracts).

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

PPL options chain · January 21, 2028

PPL 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
16	32	90.3%	15.82	16.50	21.50	20.00	0.00	0.50	0.45	36.8%	2	127
4	1	44.5%	8.30	8.50	11.60	25.00	—	—	—	—	—	—
47	4	35.6%	7.70	6.30	8.70	28.00	0.00	3.30	1.33	42.6%	4	6
129	10	33.1%	5.45	4.80	7.20	30.00	0.45	3.50	1.85	37.3%	10	265
71	5	32.1%	3.50	2.70	5.50	33.00	0.00	0.00	2.30	0.8%	1	0
PPL $34.25
66	1	24.8%	2.58	2.55	3.50	35.00	3.00	3.60	3.77	20.6%	6	69
192	65	25.1%	1.60	1.80	2.80	37.00	2.00	7.00	4.26	34.5%	4	254
282	1	30.4%	1.30	0.80	2.70	40.00	—	—	—	—	—	—
2,384	1	32.4%	1.10	0.00	2.50	42.00	0.00	0.00	7.86	—	2	0
307	4	40.4%	0.90	0.00	3.00	45.00	—	—	—	—	—	—
7	3	36.6%	1.15	0.05	2.10	47.00	9.60	14.50	10.38	33.9%	—	1
33	4	44.6%	0.40	0.00	2.70	50.00	9.50	14.50	14.52	—	—	1
0	30	12.5%	0.15	0.00	0.00	55.00	—	—	—	—	—	—

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 PPL put/call ratio?

For the January 21, 2028 expiration, the PPL put/call ratio based on open interest is 0.20 (723 puts vs 3,538 calls), and 0.18 based on today's volume. A ratio above 1 means more puts than calls.

What is PPL's implied volatility?

At-the-money implied volatility for PPL options expiring January 21, 2028 is about 22.7%, an annualized estimate of how much the market expects PPL stock to move.

How many PPL option expiration dates are there?

PPL has 7 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.