Targa Resources (TRGP) Options Chain

NYSE: TRGPUtilitiesNatural Gas DistributionUSD

286.70-1.79 (-0.62%)

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

Expiration date

Expiration: Jun 17, 2027
Days to expiration: 249
Share price: $286.70
Put/call ratio (OI): 0.25
Put/call ratio (volume): 0.25
ATM implied volatility: 30.8%
Expected move: ±$72.91
Open interest (C / P): 130 / 32

TRGP options summary

The TRGP options chain for the June 17, 2027 expiration lists 17 call and 12 put contracts, with 249 days until expiration. Open interest stands at 130 calls and 32 puts, a put/call ratio of 0.25, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $290.00 strike is 30.8%, which implies the market expects a move of about ±$72.91 (25.4%) in Targa Resources stock by expiration.

The most open interest sits at the $330.00 call (32 contracts) and the $240.00 put (17 contracts).

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

TRGP options chain · June 17, 2027

TRGP 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
—	—	—	—	—	—	165.00	0.05	3.00	1.35	47.3%	—	1
—	—	—	—	—	—	170.00	0.05	2.45	1.65	43.0%	1	1
—	—	—	—	—	—	175.00	0.05	2.65	2.00	41.8%	1	2
—	—	—	—	—	—	180.00	0.25	2.60	2.40	39.7%	1	1
—	—	—	—	—	—	185.00	0.00	0.00	3.70	12.5%	—	0
—	—	—	—	—	—	210.00	3.20	5.50	5.20	35.9%	2	7
0	—	51.8%	74.56	82.50	85.80	220.00	—	—	—	—	—	—
—	—	—	—	—	—	230.00	0.00	0.00	14.14	6.3%	—	0
2	1	38.9%	64.68	58.20	62.00	240.00	8.20	11.10	12.60	33.1%	14	17
0	1	—	40.50	0.00	0.00	250.00	—	—	—	—	—	—
10	2	37.5%	41.17	45.10	48.70	260.00	14.30	17.40	17.70	32.0%	1	1
0	1	—	33.75	0.00	0.00	270.00	—	—	—	—	—	—
16	3	36.0%	28.70	33.60	37.00	280.00	—	—	—	—	—	—
TRGP $286.70
—	—	—	—	—	—	290.00	27.60	30.90	35.50	30.8%	1	1
26	13	35.5%	26.65	24.50	28.00	300.00	—	—	—	—	—	—
0	16	1.6%	36.37	0.00	0.00	310.00	—	—	—	—	—	—
11	5	34.9%	27.93	17.30	20.70	320.00	—	—	—	—	—	—
32	26	34.7%	22.20	14.40	17.70	330.00	—	—	—	—	—	—
—	—	—	—	—	—	340.00	57.90	62.00	65.80	26.7%	1	1
22	17	34.4%	9.75	9.60	12.80	350.00	—	—	—	—	—	—
6	2	34.5%	9.40	7.80	11.00	360.00	—	—	—	—	—	—
1	1	40.3%	9.80	8.20	12.10	380.00	—	—	—	—	—	—
1	—	34.9%	5.80	2.40	5.10	410.00	122.70	126.30	118.80	30.5%	—	0
1	—	35.1%	4.80	1.95	4.40	420.00	—	—	—	—	—	—
1	—	35.7%	4.00	1.00	4.00	430.00	—	—	—	—	—	—
1	—	37.2%	2.50	0.15	3.50	450.00	—	—	—	—	—	—

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 TRGP put/call ratio?

For the June 17, 2027 expiration, the TRGP put/call ratio based on open interest is 0.25 (32 puts vs 130 calls), and 0.25 based on today's volume. A ratio above 1 means more puts than calls.

What is TRGP's implied volatility?

At-the-money implied volatility for TRGP options expiring June 17, 2027 is about 30.8%, an annualized estimate of how much the market expects Targa Resources stock to move.

How many TRGP option expiration dates are there?

TRGP has 8 listed expiration dates, from Oct 16, 2026 to Sep 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.