Phillips 66 (PSX) Options Chain

NYSE: PSXEnergyIntegrated oil CompaniesUSD

278.18-3.42 (-1.21%)

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

Expiration date

Expiration: Jun 17, 2027
Days to expiration: 249
Share price: $278.18
Put/call ratio (OI): 1.70
Put/call ratio (volume): 2.46
ATM implied volatility: 42.4%
Expected move: ±$97.48
Open interest (C / P): 1.84K / 3.12K

PSX options summary

The PSX options chain for the June 17, 2027 expiration lists 39 call and 35 put contracts, with 249 days until expiration. Open interest stands at 1,837 calls and 3,120 puts, a put/call ratio of 1.70, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $280.00 strike is 42.4%, which implies the market expects a move of about ±$97.48 (35.0%) in Phillips 66 stock by expiration.

The most open interest sits at the $190.00 call (270 contracts) and the $210.00 put (976 contracts).

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

PSX options chain · June 17, 2027

PSX 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
—	—	—	—	—	—	80.00	0.00	0.60	0.49	65.8%	1	6
—	—	—	—	—	—	85.00	0.00	0.00	0.50	25.0%	1	0
0	2	—	87.22	150.50	155.00	90.00	1.25	1.85	2.12	77.6%	3	13
—	—	—	—	—	—	95.00	0.00	0.00	0.52	25.0%	1	0
0	5	—	83.47	0.00	0.00	100.00	0.00	0.75	0.59	56.3%	2	4
0	1	—	68.30	101.00	105.50	105.00	4.00	5.10	4.10	85.9%	—	1
13	5	—	99.90	131.00	136.00	110.00	0.00	0.00	1.20	25.0%	30	0
6	—	—	56.45	62.50	66.50	115.00	0.00	0.00	1.10	25.0%	15	0
0	1	—	119.11	0.00	0.00	120.00	6.30	7.90	6.76	85.4%	—	2
9	5	—	92.57	117.00	120.40	125.00	0.20	1.35	1.40	50.1%	1	79
—	—	—	—	—	—	130.00	0.20	1.35	1.55	52.8%	1	107
1	—	—	55.00	64.00	67.60	135.00	0.25	1.45	1.85	51.2%	1	34
0	25	—	83.75	0.00	0.00	140.00	0.35	2.00	1.38	52.2%	29	33
11	1	56.0%	116.83	133.50	136.50	145.00	1.05	2.05	2.55	50.2%	1	162
44	1	55.1%	116.02	129.10	131.90	150.00	1.15	2.25	1.67	48.9%	1	447
10	9	—	44.37	48.60	52.10	155.00	1.45	2.50	3.80	47.8%	2	22
0	1	53.7%	127.40	120.10	122.90	160.00	1.60	3.20	4.10	48.5%	—	1
13	1	52.8%	110.95	115.60	118.40	165.00	1.75	3.40	5.10	47.0%	2	33
24	1	52.3%	114.00	111.20	114.10	170.00	2.25	4.20	5.00	47.4%	1	22
49	1	51.7%	114.10	106.90	109.80	175.00	2.55	5.20	6.59	48.0%	2	15
56	1	50.8%	98.35	102.60	105.40	180.00	3.20	5.10	5.70	45.5%	4	62
41	4	—	45.28	66.50	69.60	185.00	7.10	9.10	15.90	50.4%	2	6
270	6	49.9%	82.85	94.30	97.20	190.00	4.50	6.60	9.80	44.7%	1	7
115	3	49.4%	95.53	90.30	93.20	195.00	4.90	7.80	10.60	45.0%	2	4
84	6	48.9%	74.69	86.30	89.20	200.00	6.40	8.50	11.30	44.1%	62	104
29	1	47.5%	75.00	78.70	81.30	210.00	9.40	11.40	12.00	44.7%	1	976
242	2	46.9%	78.43	71.40	74.10	220.00	10.70	13.60	15.75	43.4%	41	160
116	1	46.3%	65.00	64.50	67.30	230.00	13.60	16.80	17.00	43.1%	70	93
36	1	45.9%	50.80	58.10	61.00	240.00	16.50	20.00	26.90	42.3%	34	498
56	1	45.4%	58.72	52.30	55.00	250.00	20.90	24.00	29.20	42.0%	1	57
97	6	44.7%	51.68	46.70	49.20	260.00	24.80	28.30	31.80	41.5%	1	37
57	1	44.5%	47.77	41.70	44.30	270.00	29.90	32.80	35.30	40.8%	5	30
PSX $278.18
60	4	44.5%	41.79	36.80	39.90	280.00	34.90	37.90	35.90	40.3%	12	57
192	3	44.4%	37.90	32.50	35.80	290.00	40.70	43.80	40.00	40.3%	5	44
58	1	44.4%	33.83	28.60	32.10	300.00	46.20	49.90	54.00	40.0%	—	4
6	4	44.3%	25.30	25.50	28.70	310.00	—	—	—	—	—	—
6	7	44.2%	25.90	22.60	25.60	320.00	—	—	—	—	—	—
2	1	44.3%	16.00	17.50	20.50	340.00	—	—	—	—	—	—
1	1	44.4%	14.05	14.80	18.40	350.00	—	—	—	—	—	—
15	10	44.4%	13.35	13.40	16.40	360.00	—	—	—	—	—	—
113	10	44.5%	14.58	11.70	14.70	370.00	—	—	—	—	—	—
1	—	44.6%	9.80	10.30	13.20	380.00	—	—	—	—	—	—
4	3	44.8%	10.00	8.70	11.90	390.00	—	—	—	—	—	—

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 PSX put/call ratio?

For the June 17, 2027 expiration, the PSX put/call ratio based on open interest is 1.70 (3,120 puts vs 1,837 calls), and 2.46 based on today's volume. A ratio above 1 means more puts than calls.

What is PSX's implied volatility?

At-the-money implied volatility for PSX options expiring June 17, 2027 is about 42.4%, an annualized estimate of how much the market expects Phillips 66 stock to move.

How many PSX option expiration dates are there?

PSX has 17 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.