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: Aug 20, 2027
Days to expiration: 313
Share price: $278.18
Put/call ratio (OI): 0.04
Put/call ratio (volume): 0.35
ATM implied volatility: 45.3%
Expected move: ±$116.59
Open interest (C / P): 201 / 8

PSX options summary

The PSX options chain for the August 20, 2027 expiration lists 23 call and 9 put contracts, with 313 days until expiration. Open interest stands at 201 calls and 8 puts, a put/call ratio of 0.04, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $280.00 strike is 45.3%, which implies the market expects a move of about ±$116.59 (41.9%) in Phillips 66 stock by expiration.

The most open interest sits at the $220.00 call (102 contracts) and the $175.00 put (4 contracts).

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

PSX options chain · August 20, 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
0	—	—	102.76	0.00	0.00	140.00	0.00	0.00	4.55	12.5%	2	0
0	—	—	79.50	0.00	0.00	150.00	1.95	3.10	3.20	47.0%	—	1
0	—	—	90.67	0.00	0.00	155.00	0.00	0.00	7.50	12.5%	—	0
0	—	—	60.90	0.00	0.00	160.00	—	—	—	—	—	—
0	1	—	86.68	0.00	0.00	165.00	0.00	0.00	5.80	12.5%	—	0
0	—	—	80.21	0.00	0.00	170.00	—	—	—	—	—	—
1	1	51.5%	92.52	109.00	112.30	175.00	4.30	6.90	5.85	46.8%	4	4
0	1	—	56.01	0.00	0.00	180.00	5.00	7.60	10.00	46.1%	1	0
1	1	50.9%	79.56	100.70	104.50	185.00	—	—	—	—	—	—
—	—	—	—	—	—	190.00	6.00	8.90	10.70	44.3%	—	1
—	—	—	—	—	—	195.00	7.40	9.90	10.40	43.9%	1	2
2	1	49.6%	81.23	89.20	93.00	200.00	—	—	—	—	—	—
0	—	—	46.22	0.00	0.00	210.00	0.00	0.00	27.27	6.3%	—	0
102	1	48.1%	72.11	75.00	78.90	220.00	—	—	—	—	—	—
35	—	47.3%	54.60	68.10	72.20	230.00	—	—	—	—	—	—
1	1	46.7%	39.83	62.50	66.00	240.00	—	—	—	—	—	—
3	1	45.9%	33.96	56.10	60.00	250.00	—	—	—	—	—	—
1	—	46.4%	39.25	51.30	55.50	260.00	—	—	—	—	—	—
6	—	45.5%	30.80	46.50	50.00	270.00	—	—	—	—	—	—
PSX $278.18
3	2	45.3%	34.62	41.90	45.50	280.00	—	—	—	—	—	—
16	—	44.8%	24.30	37.80	41.10	290.00	—	—	—	—	—	—
5	2	44.5%	35.85	34.00	37.10	300.00	—	—	—	—	—	—
21	10	44.3%	33.50	30.20	33.60	310.00	—	—	—	—	—	—
4	1	44.5%	30.50	27.80	30.70	320.00	—	—	—	—	—	—
0	—	3.1%	11.20	0.00	0.00	340.00	—	—	—	—	—	—

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 August 20, 2027 expiration, the PSX put/call ratio based on open interest is 0.04 (8 puts vs 201 calls), and 0.35 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 August 20, 2027 is about 45.3%, 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.