Shell (SHEL) Options Chain

NYSE: SHELEnergyOil & Gas ProductionUSD

100.18-0.02 (-0.02%)

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

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $100.18
Put/call ratio (OI): 0.55
Put/call ratio (volume): 0.84
ATM implied volatility: 25.6%
Expected move: ±$24.74
Open interest (C / P): 1.78K / 978

SHEL options summary

The SHEL options chain for the September 17, 2027 expiration lists 19 call and 9 put contracts, with 341 days until expiration. Open interest stands at 1,783 calls and 978 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $100.00 strike is 25.6%, which implies the market expects a move of about ±$24.74 (24.7%) in Shell stock by expiration.

The most open interest sits at the $110.00 call (474 contracts) and the $70.00 put (300 contracts).

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

SHEL options chain · September 17, 2027

SHEL 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	1	44.9%	39.39	44.60	46.40	55.00	—	—	—	—	—	—
3	—	37.2%	34.93	35.50	36.80	65.00	0.60	0.85	0.99	31.4%	10	0
5	5	34.6%	30.95	30.60	32.20	70.00	0.95	1.20	1.90	29.6%	—	300
7	1	30.6%	23.17	22.30	23.60	80.00	2.25	2.55	3.67	27.2%	1	2
3	2	29.9%	18.40	20.70	21.60	82.50	2.75	3.10	3.40	26.9%	5	24
18	14	29.6%	14.30	18.80	19.80	85.00	3.30	3.70	4.00	26.4%	3	267
17	—	29.0%	10.70	17.00	18.00	87.50	—	—	—	—	—	—
190	1	28.5%	12.75	15.60	16.30	90.00	—	—	—	—	—	—
54	12	27.8%	11.10	14.10	14.60	92.50	5.60	6.00	8.30	25.2%	100	120
51	1	27.4%	8.85	12.60	13.10	95.00	6.60	6.90	7.90	24.6%	45	70
82	1	27.1%	9.70	11.30	11.70	97.50	7.60	8.00	7.80	24.4%	18	145
171	11	27.0%	7.70	10.00	10.50	100.00	8.80	9.20	9.00	24.1%	119	50
SHEL $100.18
259	2	26.7%	5.80	7.90	8.30	105.00	—	—	—	—	—	—
474	3	26.4%	6.50	6.10	6.50	110.00	—	—	—	—	—	—
77	1	26.5%	3.70	4.70	5.10	115.00	—	—	—	—	—	—
49	5	26.6%	4.00	3.60	4.00	120.00	—	—	—	—	—	—
301	300	26.6%	2.25	2.75	3.10	125.00	—	—	—	—	—	—
1	—	26.9%	1.17	1.60	1.90	135.00	—	—	—	—	—	—
21	—	27.2%	1.00	1.20	1.50	140.00	—	—	—	—	—	—

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 SHEL put/call ratio?

For the September 17, 2027 expiration, the SHEL put/call ratio based on open interest is 0.55 (978 puts vs 1,783 calls), and 0.84 based on today's volume. A ratio above 1 means more puts than calls.

What is SHEL's implied volatility?

At-the-money implied volatility for SHEL options expiring September 17, 2027 is about 25.6%, an annualized estimate of how much the market expects Shell stock to move.

How many SHEL option expiration dates are there?

SHEL has 14 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.