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: Jan 21, 2028
Days to expiration: 468
Share price: $41.10
Put/call ratio (OI): 0.52
Put/call ratio (volume): 0.59
ATM implied volatility: 44.5%
Expected move: ±$20.71
Open interest (C / P): 15.45K / 8.01K

TEVA options summary

The TEVA options chain for the January 21, 2028 expiration lists 21 call and 19 put contracts, with 468 days until expiration. Open interest stands at 15,452 calls and 8,008 puts, a put/call ratio of 0.52, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $42.00 strike is 44.5%, which implies the market expects a move of about ±$20.71 (50.4%) in Teva Pharmaceutical Industries stock by expiration.

The most open interest sits at the $45.00 call (3.88K contracts) and the $25.00 put (2.08K contracts).

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

TEVA options chain · January 21, 2028

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	1	325.8%	34.00	35.50	40.50	3.00	0.00	0.01	0.01	78.1%	4	31
17	1	—	31.40	27.50	29.65	5.00	—	—	—	—	—	—
9	6	90.6%	31.64	31.00	36.00	8.00	0.00	0.03	0.05	55.5%	4	81
178	35	123.7%	28.80	29.00	33.10	10.00	0.00	0.40	0.16	68.4%	1	116
97	1	72.3%	27.61	26.50	31.00	13.00	0.00	0.34	0.10	54.7%	3	131
244	5	69.9%	25.25	24.50	29.50	15.00	0.00	0.40	0.12	57.2%	6	156
152	1	62.2%	23.90	22.50	27.50	17.00	0.00	0.67	0.19	57.5%	13	130
938	2	61.1%	20.88	21.25	23.90	20.00	0.24	0.49	0.34	44.6%	10	940
213	4	58.0%	19.10	19.55	22.15	22.00	0.25	0.87	1.00	46.1%	200	1,204
503	1	53.5%	17.20	16.70	19.90	25.00	0.76	3.05	1.00	50.5%	13	2,077
895	1	52.0%	15.25	15.55	18.00	27.00	0.83	1.71	1.37	42.9%	3	41
664	5	52.6%	14.80	14.20	15.75	30.00	1.44	2.24	1.67	39.8%	10	252
264	2	51.0%	13.60	12.85	14.35	32.00	1.95	2.80	2.85	38.9%	3	296
1,975	63	50.2%	11.80	10.10	11.90	35.00	2.85	3.65	3.90	36.6%	1	646
816	3	49.9%	8.64	8.95	10.90	37.00	3.60	4.60	4.80	36.8%	10	507
1,337	76	44.9%	8.60	7.85	8.70	40.00	4.10	6.40	6.07	38.1%	175	724
TEVA $41.10
191	2	51.2%	7.89	6.30	9.05	42.00	5.35	7.50	7.35	37.8%	4	282
3,877	134	47.1%	6.50	5.85	7.25	45.00	6.85	10.20	8.53	42.0%	20	119
479	118	45.7%	4.77	5.00	6.35	47.00	8.05	10.70	12.70	37.4%	189	238
1,761	2	44.3%	5.04	4.05	5.25	50.00	10.40	12.45	14.75	35.0%	14	37
841	687	41.5%	3.50	2.95	3.60	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 January 21, 2028 expiration, the TEVA put/call ratio based on open interest is 0.52 (8,008 puts vs 15,452 calls), and 0.59 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 January 21, 2028 is about 44.5%, 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.