Pershing Square (PS) Options Chain
NYSE: PSFinanceInvestment ManagersUSD
Market open · Delayed 15 min · as of Oct 9, 2:50 PM ET
Expiration date
- Expiration
- May 21, 2027
- Days to expiration
- 224
- Share price
- $54.55
- Put/call ratio (OI)
- 3.73
- Put/call ratio (volume)
- 0.70
- Expected move
- ±$25.85
- Open interest (C / P)
- 15 / 56
PS options summary
The PS options chain for the May 21, 2027 expiration lists 5 call and 5 put contracts, with 224 days until expiration. Open interest stands at 15 calls and 56 puts, a put/call ratio of 3.73, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $55.00 strike is 60.5%, which implies the market expects a move of about ±$25.85 (47.4%) in Pershing Square stock by expiration.
The most open interest sits at the $50.00 call (5 contracts) and the $40.00 put (50 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PS options chain · May 21, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 35.00 | 0.50 | 4.10 | 2.40 | |||||
| — | — | — | 40.00 | 2.20 | 5.30 | 5.32 | |||||
| 7.55 | 7.50 | 10.10 | 50.00 | 7.80 | 10.40 | 8.00 | |||||
| 7.45 | 5.80 | 8.40 | 55.00 | 10.80 | 13.50 | 11.60 | |||||
| 6.24 | 4.30 | 7.00 | 60.00 | — | — | — | |||||
| 1.77 | 1.00 | 4.10 | 75.00 | 25.50 | 29.00 | 28.50 | |||||
| 2.05 | 0.30 | 3.70 | 80.00 | — | — | — | |||||
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 PS put/call ratio?
For the May 21, 2027 expiration, the PS put/call ratio based on open interest is 3.73 (56 puts vs 15 calls), and 0.70 based on today's volume. A ratio above 1 means more puts than calls.
What is PS's implied volatility?
At-the-money implied volatility for PS options expiring May 21, 2027 is about 60.5%, an annualized estimate of how much the market expects Pershing Square stock to move.
How many PS option expiration dates are there?
PS has 6 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.
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.