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: Jan 21, 2028
Days to expiration: 468
Share price: $37.20
Put/call ratio (OI): 0.61
Put/call ratio (volume): 0.48
ATM implied volatility: 44.9%
Expected move: ±$18.91
Open interest (C / P): 4.55K / 2.77K

TAP options summary

The TAP options chain for the January 21, 2028 expiration lists 21 call and 17 put contracts, with 468 days until expiration. Open interest stands at 4,554 calls and 2,767 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $37.50 strike is 44.9%, which implies the market expects a move of about ±$18.91 (50.8%) in Molson Coors Beverage stock by expiration.

The most open interest sits at the $60.00 call (2.54K contracts) and the $40.00 put (1.30K contracts).

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

TAP options chain · January 21, 2028

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
23	1	38.2%	20.40	15.50	17.60	20.00	0.00	1.00	0.70	49.3%	6	62
2	2	62.7%	13.90	13.30	17.50	22.50	0.00	1.30	1.05	45.8%	12	39
98	6	58.3%	12.50	11.60	15.50	25.00	0.80	3.60	1.25	61.1%	2	58
33	3	53.8%	10.90	9.10	13.50	27.50	0.90	5.00	1.50	63.6%	5	25
221	2	35.5%	9.32	8.70	9.70	30.00	1.95	2.50	2.28	35.6%	4	491
73	1	51.1%	8.20	5.80	10.50	32.50	0.00	0.00	2.80	3.1%	1	0
128	18	39.1%	6.20	4.20	7.50	35.00	2.80	4.50	4.50	34.1%	6	241
TAP $37.20
142	84	48.9%	4.80	3.60	8.00	37.50	2.50	7.00	5.84	40.9%	21	201
503	1	37.0%	4.20	3.60	5.10	40.00	4.00	7.50	7.05	34.6%	3	1,302
217	15	35.2%	2.98	2.05	4.00	42.50	5.50	10.30	8.90	41.2%	1	151
109	1	33.9%	2.70	2.20	3.10	45.00	8.90	11.10	10.60	35.1%	3	114
33	1	39.4%	1.95	1.60	3.40	47.50	0.00	0.00	12.00	—	1	0
301	1	34.4%	1.75	1.55	2.15	50.00	11.50	14.60	15.00	31.9%	1	29
24	8	39.0%	1.63	0.90	2.40	52.50	13.50	17.80	12.00	39.7%	1	3
32	2	36.5%	1.05	0.80	1.70	55.00	14.00	18.50	16.30	27.6%	2	20
20	4	38.0%	1.00	0.70	1.60	57.50	18.00	22.30	19.30	41.2%	10	11
2,537	12	34.7%	0.90	0.55	1.00	60.00	13.00	16.60	14.70	—	4	20
27	4	36.1%	0.60	0.40	0.95	62.50	—	—	—	—	—	—
30	2	39.5%	0.70	0.35	1.10	65.00	—	—	—	—	—	—
0	5	12.5%	2.25	0.00	0.00	70.00	—	—	—	—	—	—
1	1	43.7%	0.35	0.00	0.70	80.00	—	—	—	—	—	—

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 January 21, 2028 expiration, the TAP put/call ratio based on open interest is 0.61 (2,767 puts vs 4,554 calls), and 0.48 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 January 21, 2028 is about 44.9%, 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.