Turning Point Brands (TPB) Options Chain
NYSE: TPBConsumer DiscretionaryTobaccoUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $57.38
- Put/call ratio (OI)
- 1.63
- Put/call ratio (volume)
- 0.81
- Expected move
- ±$11.24
- Open interest (C / P)
- 19 / 31
TPB options summary
The TPB options chain for the November 20, 2026 expiration lists 3 call and 6 put contracts, with 40 days until expiration. Open interest stands at 19 calls and 31 puts, a put/call ratio of 1.63, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $55.00 strike is 59.2%, which implies the market expects a move of about ±$11.24 (19.6%) in Turning Point Brands stock by expiration.
The most open interest sits at the $70.00 call (15 contracts) and the $50.00 put (13 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TPB options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 50.00 | 1.30 | 3.60 | 2.00 | |||||
| — | — | — | 55.00 | 2.70 | 4.00 | 3.00 | |||||
| 3.55 | 3.10 | 5.00 | 60.00 | 5.20 | 7.30 | 6.00 | |||||
| — | — | — | 65.00 | 8.60 | 11.10 | 8.77 | |||||
| 1.50 | 0.70 | 1.70 | 70.00 | 12.60 | 14.60 | 11.39 | |||||
| — | — | — | 75.00 | 16.90 | 19.30 | 9.75 | |||||
| 0.87 | 0.00 | 0.95 | 80.00 | — | — | — | |||||
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 TPB put/call ratio?
For the November 20, 2026 expiration, the TPB put/call ratio based on open interest is 1.63 (31 puts vs 19 calls), and 0.81 based on today's volume. A ratio above 1 means more puts than calls.
What is TPB's implied volatility?
At-the-money implied volatility for TPB options expiring November 20, 2026 is about 59.2%, an annualized estimate of how much the market expects Turning Point Brands stock to move.
How many TPB option expiration dates are there?
TPB has 6 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.