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
- Mar 19, 2027
- Days to expiration
- 159
- Share price
- $73.16
- Put/call ratio (OI)
- 0.05
- Put/call ratio (volume)
- 0.03
- Expected move
- ±$29.97
- Open interest (C / P)
- 215 / 11
TARS options summary
The TARS options chain for the March 19, 2027 expiration lists 19 call and 5 put contracts, with 159 days until expiration. Open interest stands at 215 calls and 11 puts, a put/call ratio of 0.05, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $75.00 strike is 62.1%, which implies the market expects a move of about ±$29.97 (41.0%) in Tarsus Pharmaceuticals stock by expiration.
The most open interest sits at the $70.00 call (160 contracts) and the $50.00 put (10 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TARS options chain · March 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 29.07 | 41.00 | 45.60 | 30.00 | — | — | — | |||||
| 41.50 | 36.50 | 41.30 | 35.00 | — | — | — | |||||
| — | — | — | 40.00 | 0.00 | 4.90 | 2.10 | |||||
| 21.60 | 21.00 | 25.50 | 45.00 | — | — | — | |||||
| 24.50 | 23.50 | 28.10 | 50.00 | 0.00 | 4.90 | 4.80 | |||||
| 18.50 | 0.00 | 0.00 | 55.00 | — | — | — | |||||
| — | — | — | 57.50 | 0.00 | 0.00 | 6.10 | |||||
| 14.50 | 16.00 | 20.60 | 60.00 | — | — | — | |||||
| 31.00 | 14.00 | 18.80 | 62.50 | — | — | — | |||||
| 13.00 | 0.00 | 0.00 | 65.00 | — | — | — | |||||
| 27.60 | 11.00 | 15.80 | 67.50 | — | — | — | |||||
| 19.71 | 10.00 | 14.50 | 70.00 | — | — | — | |||||
| — | — | — | 75.00 | 8.30 | 13.00 | 10.35 | |||||
| 10.05 | 6.10 | 10.90 | 80.00 | — | — | — | |||||
| 10.40 | 2.80 | 7.20 | 90.00 | — | — | — | |||||
| 11.00 | 2.25 | 4.90 | 95.00 | — | — | — | |||||
| — | — | — | 100.00 | 0.00 | 0.00 | 33.65 | |||||
| 8.50 | 0.20 | 4.90 | 105.00 | — | — | — | |||||
| 2.75 | 0.00 | 4.90 | 115.00 | — | — | — | |||||
| 2.25 | 0.00 | 4.90 | 120.00 | — | — | — | |||||
| 1.80 | 0.00 | 4.90 | 125.00 | — | — | — | |||||
| 1.45 | 0.00 | 4.90 | 130.00 | — | — | — | |||||
| 1.20 | 0.00 | 4.90 | 135.00 | — | — | — | |||||
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 March 19, 2027 expiration, the TARS put/call ratio based on open interest is 0.05 (11 puts vs 215 calls), and 0.03 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 March 19, 2027 is about 62.1%, 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.