Tarsus Pharmaceuticals (TARS) Options Chain
NASDAQ: TARSHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 8
- Share price
- $72.22
- Put/call ratio (OI)
- 1.04
- Put/call ratio (volume)
- 0.67
- Expected move
- ±$9.96
- Open interest (C / P)
- 6.12K / 6.35K
TARS options summary
The TARS options chain for the October 16, 2026 expiration lists 14 call and 15 put contracts, with 8 days until expiration. Open interest stands at 6,119 calls and 6,354 puts, a put/call ratio of 1.04, which is fairly balanced between calls and puts. At-the-money implied volatility near the $70.00 strike is 93.2%, which implies the market expects a move of about ±$9.96 (13.8%) in Tarsus Pharmaceuticals stock by expiration.
The most open interest sits at the $65.00 call (5.00K contracts) and the $55.00 put (6.00K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TARS options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 30.00 | 0.00 | 4.90 | 0.30 | |||||
| — | — | — | 35.00 | 0.00 | 4.90 | 0.75 | |||||
| — | — | — | 40.00 | 0.20 | 4.90 | 1.20 | |||||
| — | — | — | 45.00 | 0.00 | 4.90 | 2.23 | |||||
| — | — | — | 50.00 | 0.00 | 4.50 | 2.33 | |||||
| 19.00 | 16.50 | 20.20 | 55.00 | 0.00 | 4.90 | 0.85 | |||||
| 10.64 | 0.00 | 0.00 | 57.50 | 0.00 | 4.90 | 0.80 | |||||
| 13.20 | 10.40 | 15.00 | 60.00 | 0.00 | 4.90 | 0.50 | |||||
| 14.40 | 7.80 | 12.40 | 62.50 | 0.00 | 4.90 | 0.50 | |||||
| 9.42 | 5.50 | 10.10 | 65.00 | 0.00 | 4.90 | 0.65 | |||||
| 7.30 | 0.00 | 0.00 | 67.50 | — | — | — | |||||
| — | — | — | 70.00 | 0.90 | 4.90 | 1.90 | |||||
| 4.50 | 0.00 | 4.90 | 75.00 | 2.00 | 6.50 | 3.39 | |||||
| 2.70 | 0.45 | 4.90 | 80.00 | 5.90 | 10.50 | 4.70 | |||||
| 1.50 | 0.00 | 4.90 | 85.00 | 10.70 | 15.00 | 4.27 | |||||
| 7.50 | 0.00 | 4.90 | 90.00 | 15.00 | 19.70 | 10.90 | |||||
| 1.40 | 0.00 | 4.90 | 95.00 | — | — | — | |||||
| 2.00 | 0.00 | 4.90 | 100.00 | — | — | — | |||||
| 2.45 | 0.00 | 4.90 | 105.00 | — | — | — | |||||
| 1.05 | 0.00 | 4.90 | 110.00 | — | — | — | |||||
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 TARS put/call ratio?
For the October 16, 2026 expiration, the TARS put/call ratio based on open interest is 1.04 (6,354 puts vs 6,119 calls), and 0.67 based on today's volume. A ratio above 1 means more puts than calls.
What is TARS's implied volatility?
At-the-money implied volatility for TARS options expiring October 16, 2026 is about 93.2%, an annualized estimate of how much the market expects Tarsus Pharmaceuticals stock to move.
How many TARS option expiration dates are there?
TARS has 7 listed expiration dates, from Oct 16, 2026 to Dec 17, 2027.
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.