Molson Coors Beverage (TAP) Options Chain

NYSE: TAPConsumer StaplesBeverages (Production/Distribution)USD

37.20-0.72 (-1.90%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $37.20
Put/call ratio (OI): 0.86
Put/call ratio (volume): 2.15
ATM implied volatility: 36.5%
Expected move: ±$4.49
Open interest (C / P): 1.78K / 1.53K

TAP options summary

The TAP options chain for the November 20, 2026 expiration lists 7 call and 9 put contracts, with 40 days until expiration. Open interest stands at 1,776 calls and 1,535 puts, a put/call ratio of 0.86, which is fairly balanced between calls and puts. At-the-money implied volatility near the $37.50 strike is 36.5%, which implies the market expects a move of about ±$4.49 (12.1%) in Molson Coors Beverage stock by expiration.

The most open interest sits at the $42.50 call (604 contracts) and the $32.50 put (609 contracts).

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

TAP options chain · November 20, 2026

TAP 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
—	—	—	—	—	—	25.00	0.00	0.45	0.16	78.3%	—	1
—	—	—	—	—	—	27.50	0.00	0.50	0.10	64.3%	—	1
—	—	—	—	—	—	30.00	0.05	0.15	0.13	43.5%	1	115
—	—	—	—	—	—	32.50	0.30	0.35	0.32	38.8%	113	609
182	1	39.4%	3.16	2.90	3.20	35.00	0.75	1.10	0.84	41.7%	28	454
TAP $37.20
167	6	37.0%	1.60	1.50	1.70	37.50	1.70	1.95	1.86	36.0%	9	237
478	11	36.4%	0.70	0.65	0.80	40.00	3.20	3.60	3.38	36.4%	2	96
604	52	36.8%	0.40	0.20	0.35	42.50	5.00	5.80	5.35	41.5%	1	22
305	1	37.7%	0.15	0.10	0.15	45.00	7.10	8.70	8.61	64.1%	5	0
36	1	59.7%	0.35	0.00	0.45	47.50	—	—	—	—	—	—
4	2	57.5%	0.05	0.00	0.45	50.00	—	—	—	—	—	—

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 TAP put/call ratio?

For the November 20, 2026 expiration, the TAP put/call ratio based on open interest is 0.86 (1,535 puts vs 1,776 calls), and 2.15 based on today's volume. A ratio above 1 means more puts than calls.

What is TAP's implied volatility?

At-the-money implied volatility for TAP options expiring November 20, 2026 is about 36.5%, an annualized estimate of how much the market expects Molson Coors Beverage stock to move.

How many TAP option expiration dates are there?

TAP has 5 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.