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
- Apr 16, 2027
- Days to expiration
- 187
- Share price
- $73.16
- Put/call ratio (OI)
- 0.75
- Put/call ratio (volume)
- 1.50
- Expected move
- ±$27.25
- Open interest (C / P)
- 4 / 3
TARS options summary
The TARS options chain for the April 16, 2027 expiration lists 3 call and 4 put contracts, with 187 days until expiration. Open interest stands at 4 calls and 3 puts, a put/call ratio of 0.75, which is fairly balanced between calls and puts. At-the-money implied volatility near the $75.00 strike is 52.0%, which implies the market expects a move of about ±$27.25 (37.2%) in Tarsus Pharmaceuticals stock by expiration.
The most open interest sits at the $55.00 call (2 contracts) and the $60.00 put (2 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TARS options chain · April 16, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 47.50 | 0.00 | 0.00 | 2.15 | |||||
| 22.10 | 21.30 | 24.10 | 55.00 | — | — | — | |||||
| — | — | — | 60.00 | 2.40 | 6.50 | 5.00 | |||||
| — | — | — | 65.00 | 3.90 | 8.00 | 6.70 | |||||
| — | — | — | 70.00 | 0.00 | 0.00 | 9.90 | |||||
| 9.40 | 8.00 | 12.10 | 75.00 | — | — | — | |||||
| 1.75 | 0.10 | 4.90 | 125.00 | — | — | — | |||||
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 April 16, 2027 expiration, the TARS put/call ratio based on open interest is 0.75 (3 puts vs 4 calls), and 1.50 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 April 16, 2027 is about 52.0%, 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.