Teva Pharmaceutical Industries (TEVA) Options Chain

NYSE: TEVAHealth CareBiotechnology: Pharmaceutical PreparationsUSD

41.10+1.85 (+4.71%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $41.10
Put/call ratio (OI): 0.92
Put/call ratio (volume): 5.61
ATM implied volatility: 43.6%
Expected move: ±$11.83
Open interest (C / P): 6.10K / 5.63K

TEVA options summary

The TEVA options chain for the March 19, 2027 expiration lists 21 call and 19 put contracts, with 159 days until expiration. Open interest stands at 6,102 calls and 5,635 puts, a put/call ratio of 0.92, which is fairly balanced between calls and puts. At-the-money implied volatility near the $40.00 strike is 43.6%, which implies the market expects a move of about ±$11.83 (28.8%) in Teva Pharmaceutical Industries stock by expiration.

The most open interest sits at the $45.00 call (3.52K contracts) and the $31.00 put (2.52K contracts).

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

TEVA options chain · March 19, 2027

TEVA 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
1	—	75.7%	19.95	19.65	23.50	20.00	0.00	0.51	0.10	66.0%	157	219
4	1	67.6%	16.64	16.25	19.50	24.00	0.00	0.39	0.37	56.5%	253	212
3	1	61.0%	15.06	15.35	18.20	25.00	0.00	0.42	0.42	53.9%	206	8
8	5	58.4%	14.25	14.55	17.10	26.00	0.00	0.40	0.20	49.8%	2	24
79	2	56.9%	13.45	13.70	16.15	27.00	0.01	0.57	0.68	51.0%	18	61
9	7	52.0%	10.78	12.55	15.20	28.00	0.08	0.64	0.33	49.2%	7	16
7	1	51.4%	9.20	11.65	14.40	29.00	0.00	0.75	1.01	48.0%	3	12
74	1	66.8%	11.74	11.00	13.25	30.00	0.05	0.83	1.16	46.0%	324	234
46	1	66.5%	10.19	9.95	12.55	31.00	0.14	1.04	0.88	46.1%	4	2,525
35	10	62.7%	8.75	9.30	11.60	32.00	0.29	1.31	1.08	46.6%	1	276
14	8	62.6%	8.35	8.50	10.95	33.00	0.65	1.33	0.99	43.2%	2	282
39	3	59.8%	7.80	7.55	10.10	34.00	0.89	1.64	1.48	43.5%	6	360
272	50	56.5%	8.60	7.40	9.20	35.00	1.16	1.70	1.47	40.4%	60	540
247	10	52.0%	6.03	6.35	8.20	36.00	1.09	2.27	2.22	43.0%	197	477
296	1	55.3%	6.04	6.25	7.95	37.00	1.65	2.40	2.40	40.2%	2	25
215	1	51.6%	6.76	5.30	7.05	38.00	1.83	2.91	3.05	41.1%	10	54
394	10	50.2%	4.15	4.65	6.40	39.00	2.09	3.35	2.63	41.0%	3	199
545	4	47.2%	5.00	4.75	5.60	40.00	2.56	3.75	3.15	40.1%	40	110
TEVA $41.10
3,517	32	44.7%	3.15	2.50	3.35	45.00	—	—	—	—	—	—
267	79	44.3%	1.76	1.50	1.99	50.00	8.30	10.95	11.00	44.9%	—	1
30	4	42.0%	0.55	0.76	1.00	55.00	—	—	—	—	—	—

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 TEVA put/call ratio?

For the March 19, 2027 expiration, the TEVA put/call ratio based on open interest is 0.92 (5,635 puts vs 6,102 calls), and 5.61 based on today's volume. A ratio above 1 means more puts than calls.

What is TEVA's implied volatility?

At-the-money implied volatility for TEVA options expiring March 19, 2027 is about 43.6%, an annualized estimate of how much the market expects Teva Pharmaceutical Industries stock to move.

How many TEVA option expiration dates are there?

TEVA has 10 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.