Constellation Brands (STZ) Options Chain

NYSE: STZConsumer StaplesBeverages (Production/Distribution)USD

122.64-0.99 (-0.80%)

At close: Oct 9, 4:01 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 467
Share price: $122.64
Put/call ratio (OI): 1.56
Put/call ratio (volume): 0.72
ATM implied volatility: 32.0%
Expected move: ±$44.34
Open interest (C / P): 7.40K / 11.51K

STZ options summary

The STZ options chain for the January 21, 2028 expiration lists 33 call and 31 put contracts, with 467 days until expiration. Open interest stands at 7,402 calls and 11,513 puts, a put/call ratio of 1.56, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $125.00 strike is 32.0%, which implies the market expects a move of about ±$44.34 (36.2%) in Constellation Brands stock by expiration.

The most open interest sits at the $170.00 call (1.71K contracts) and the $135.00 put (2.70K contracts).

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

STZ options chain · January 21, 2028

STZ 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
—	—	—	—	—	—	60.00	0.25	1.00	1.00	40.6%	6	6
108	29	50.5%	53.50	56.50	61.00	65.00	0.70	1.20	1.11	38.2%	2	43
17	5	45.8%	55.68	52.50	56.00	70.00	0.80	1.65	1.05	37.3%	1	16
14	3	47.2%	52.00	48.00	52.50	75.00	1.20	2.05	1.45	35.6%	1	29
219	1	42.0%	46.47	44.50	47.30	80.00	1.75	2.85	2.60	35.3%	1	53
204	15	40.8%	34.00	40.70	43.30	85.00	2.70	3.50	3.37	33.9%	2	31
364	4	41.2%	39.50	36.00	40.00	90.00	3.20	4.40	5.57	32.9%	4	48
81	1	40.1%	32.45	32.50	36.30	95.00	4.30	5.50	7.27	32.0%	1	18
249	2	37.4%	29.21	30.10	32.10	100.00	5.90	6.50	6.17	30.5%	8	198
14	1	36.6%	24.50	26.00	28.80	105.00	7.00	8.10	8.00	30.0%	1	50
91	2	36.5%	20.80	24.00	26.00	110.00	8.70	10.20	12.10	30.1%	1	618
20	1	36.9%	23.00	21.20	23.70	115.00	10.70	12.20	13.96	29.5%	3	436
286	1	35.2%	20.50	19.20	20.50	120.00	12.90	14.50	17.00	28.9%	2	610
STZ $122.64
657	1	35.5%	18.10	16.50	18.60	125.00	15.60	17.00	16.65	28.4%	63	853
418	4	35.2%	15.40	14.40	16.50	130.00	18.50	19.70	20.00	27.7%	1	1,619
288	1	34.2%	10.00	12.10	14.20	135.00	21.40	23.10	28.18	27.9%	3	2,699
331	2	34.0%	9.00	9.40	12.50	140.00	24.40	26.40	24.90	27.6%	6	1,767
139	9	33.6%	9.80	9.30	10.90	145.00	27.40	30.00	24.90	27.4%	63	905
146	5	33.5%	8.70	8.20	9.60	150.00	30.90	33.70	37.78	27.1%	4	125
244	3	33.1%	7.00	7.10	8.30	155.00	35.40	37.60	27.80	26.8%	1	333
63	3	33.3%	7.00	5.80	7.40	160.00	38.80	41.60	44.03	26.4%	10	242
62	4	33.0%	6.00	5.00	6.40	165.00	43.00	46.50	51.70	27.9%	1	147
1,705	10	33.4%	5.00	4.10	5.80	170.00	47.50	50.80	41.69	27.7%	2	60
200	2	33.1%	4.20	3.50	5.00	175.00	39.00	42.80	47.85	—	5	265
102	1	33.1%	3.50	2.95	4.40	180.00	56.50	59.90	50.80	28.0%	20	14
564	2	33.0%	2.40	2.50	3.80	185.00	61.50	64.70	65.38	28.6%	5	171
71	2	33.1%	2.00	2.10	3.40	190.00	66.00	70.00	68.91	30.9%	7	6
18	2	33.8%	2.90	1.75	3.20	195.00	0.00	0.00	64.90	—	5	0
102	6	32.7%	2.15	1.65	2.50	200.00	75.80	80.00	77.50	33.3%	25	151
211	202	34.0%	1.80	1.05	2.25	210.00	85.80	90.00	81.57	35.5%	1	0
160	30	35.4%	1.09	0.75	2.10	220.00	—	—	—	—	—	—
201	13	35.8%	0.55	0.25	1.75	230.00	—	—	—	—	—	—
11	2	35.3%	0.99	0.35	1.30	240.00	—	—	—	—	—	—
42	15	34.8%	0.64	0.50	0.95	250.00	0.00	0.00	113.16	—	20	0

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 STZ put/call ratio?

For the January 21, 2028 expiration, the STZ put/call ratio based on open interest is 1.56 (11,513 puts vs 7,402 calls), and 0.72 based on today's volume. A ratio above 1 means more puts than calls.

What is STZ's implied volatility?

At-the-money implied volatility for STZ options expiring January 21, 2028 is about 32.0%, an annualized estimate of how much the market expects Constellation Brands stock to move.

How many STZ option expiration dates are there?

STZ 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.