TC Energy (TRP) Options Chain
NYSE: TRPUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $60.05
- Put/call ratio (OI)
- 0.24
- Put/call ratio (volume)
- 8.00
- Expected move
- ±$6.04
- Open interest (C / P)
- 499 / 120
TRP options summary
The TRP options chain for the December 18, 2026 expiration lists 2 call and 4 put contracts, with 68 days until expiration. Open interest stands at 499 calls and 120 puts, a put/call ratio of 0.24, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $60.00 strike is 23.3%, which implies the market expects a move of about ±$6.04 (10.1%) in TC Energy stock by expiration.
The most open interest sits at the $62.50 call (491 contracts) and the $62.50 put (50 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TRP options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 55.00 | 0.40 | 1.95 | 1.15 | |||||
| — | — | — | 57.50 | 0.40 | 1.40 | 1.40 | |||||
| — | — | — | 60.00 | 1.85 | 2.40 | 2.54 | |||||
| 1.15 | 0.95 | 1.65 | 62.50 | 2.15 | 3.80 | 3.40 | |||||
| 0.50 | 0.05 | 1.05 | 65.00 | — | — | — | |||||
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 TRP put/call ratio?
For the December 18, 2026 expiration, the TRP put/call ratio based on open interest is 0.24 (120 puts vs 499 calls), and 8.00 based on today's volume. A ratio above 1 means more puts than calls.
What is TRP's implied volatility?
At-the-money implied volatility for TRP options expiring December 18, 2026 is about 23.3%, an annualized estimate of how much the market expects TC Energy stock to move.
How many TRP option expiration dates are there?
TRP has 5 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.