BlackRock TCP Capital (TCPC) Options Chain

NASDAQ: TCPCFinanceFinance/Investors ServicesUSD

4.01-0.02 (-0.50%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Feb 19, 2027
Days to expiration: 131
Share price: $4.01
Put/call ratio (OI): 0.74
Put/call ratio (volume): 0.30
ATM implied volatility: 49.6%
Expected move: ±$1.19
Open interest (C / P): 3.93K / 2.92K

TCPC options summary

The TCPC options chain for the February 19, 2027 expiration lists 3 call and 3 put contracts, with 131 days until expiration. Open interest stands at 3,933 calls and 2,924 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $5.00 strike is 49.6%, which implies the market expects a move of about ±$1.19 (29.7%) in BlackRock TCP Capital stock by expiration.

The most open interest sits at the $5.00 call (3.84K contracts) and the $2.50 put (2.71K contracts).

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

TCPC options chain · February 19, 2027

TCPC 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
30	2	57.0%	1.50	0.80	2.30	2.50	0.05	0.10	0.08	67.2%	32	2,715
TCPC $4.01
3,841	140	39.5%	0.06	0.05	0.10	5.00	0.90	1.25	1.14	59.8%	10	203
62	1	57.0%	0.05	0.00	0.05	7.50	3.00	4.20	3.55	78.9%	1	6

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 TCPC put/call ratio?

For the February 19, 2027 expiration, the TCPC put/call ratio based on open interest is 0.74 (2,924 puts vs 3,933 calls), and 0.30 based on today's volume. A ratio above 1 means more puts than calls.

What is TCPC's implied volatility?

At-the-money implied volatility for TCPC options expiring February 19, 2027 is about 49.6%, an annualized estimate of how much the market expects BlackRock TCP Capital stock to move.

How many TCPC option expiration dates are there?

TCPC has 4 listed expiration dates, from Oct 16, 2026 to May 21, 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.