Tarsus Pharmaceuticals (TARS) Options Chain
NASDAQ: TARSHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $73.16
- Put/call ratio (OI)
- 0.09
- Put/call ratio (volume)
- 0.33
- Expected move
- ±$18.83
- Open interest (C / P)
- 223 / 21
TARS options summary
The TARS options chain for the December 18, 2026 expiration lists 18 call and 14 put contracts, with 68 days until expiration. Open interest stands at 223 calls and 21 puts, a put/call ratio of 0.09, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $75.00 strike is 59.6%, which implies the market expects a move of about ±$18.83 (25.7%) in Tarsus Pharmaceuticals stock by expiration.
The most open interest sits at the $100.00 call (135 contracts) and the $60.00 put (11 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TARS options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 30.00 | 0.00 | 4.90 | 0.50 | |||||
| — | — | — | 35.00 | 0.00 | 0.00 | 0.65 | |||||
| 32.79 | 31.00 | 35.80 | 40.00 | 0.00 | 4.90 | 2.15 | |||||
| — | — | — | 45.00 | 0.00 | 0.00 | 1.10 | |||||
| 33.08 | 22.00 | 26.30 | 50.00 | 0.00 | 4.90 | 1.55 | |||||
| 23.02 | 0.00 | 0.00 | 55.00 | 0.00 | 0.00 | 1.95 | |||||
| — | — | — | 57.50 | 0.40 | 4.90 | 8.29 | |||||
| 24.28 | 13.50 | 18.30 | 60.00 | 1.00 | 5.50 | 5.80 | |||||
| — | — | — | 62.50 | 0.50 | 4.90 | 1.35 | |||||
| 12.35 | 0.00 | 0.00 | 65.00 | 8.50 | 13.10 | 10.80 | |||||
| 8.90 | 2.00 | 6.20 | 70.00 | 3.00 | 7.70 | 3.50 | |||||
| 8.23 | 4.50 | 8.90 | 75.00 | — | — | — | |||||
| 8.90 | 3.50 | 8.30 | 80.00 | — | — | — | |||||
| 5.81 | 1.00 | 5.70 | 85.00 | 16.00 | 20.00 | 18.75 | |||||
| 4.38 | 0.00 | 4.90 | 90.00 | — | — | — | |||||
| 8.96 | 0.00 | 4.90 | 95.00 | — | — | — | |||||
| 1.87 | 0.10 | 4.90 | 100.00 | 25.40 | 30.00 | 16.27 | |||||
| 2.35 | 0.00 | 4.90 | 105.00 | — | — | — | |||||
| 1.75 | 0.00 | 4.90 | 110.00 | — | — | — | |||||
| 1.70 | 0.10 | 5.00 | 115.00 | — | — | — | |||||
| 1.20 | 0.00 | 4.90 | 120.00 | 44.80 | 49.50 | 42.89 | |||||
| 1.45 | 0.00 | 4.90 | 125.00 | — | — | — | |||||
| 1.05 | 0.00 | 4.90 | 130.00 | — | — | — | |||||
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 December 18, 2026 expiration, the TARS put/call ratio based on open interest is 0.09 (21 puts vs 223 calls), and 0.33 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 December 18, 2026 is about 59.6%, 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.