TC Energy (TRP) Options Chain
NYSE: TRPUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- May 21, 2027
- Days to expiration
- 223
- Share price
- $60.05
- Put/call ratio (OI)
- 0.23
- Put/call ratio (volume)
- 0.05
- Expected move
- ±$14.04
- Open interest (C / P)
- 127 / 29
TRP options summary
The TRP options chain for the May 21, 2027 expiration lists 8 call and 3 put contracts, with 223 days until expiration. Open interest stands at 127 calls and 29 puts, a put/call ratio of 0.23, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $60.00 strike is 29.9%, which implies the market expects a move of about ±$14.04 (23.4%) in TC Energy stock by expiration.
The most open interest sits at the $62.50 call (49 contracts) and the $57.50 put (17 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TRP options chain · May 21, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 11.40 | 9.90 | 12.80 | 50.00 | — | — | — | |||||
| 7.20 | 6.10 | 8.70 | 55.00 | 1.45 | 2.45 | 1.95 | |||||
| — | — | — | 57.50 | 2.10 | 4.20 | 3.30 | |||||
| 2.80 | 2.80 | 5.80 | 60.00 | 3.40 | 5.40 | 4.80 | |||||
| 2.62 | 2.20 | 3.80 | 62.50 | — | — | — | |||||
| 2.37 | 0.90 | 3.90 | 65.00 | — | — | — | |||||
| 1.15 | 0.60 | 1.30 | 70.00 | — | — | — | |||||
| 0.43 | 0.05 | 1.70 | 75.00 | — | — | — | |||||
| 0.58 | — | — | 90.00 | — | — | — | |||||
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 May 21, 2027 expiration, the TRP put/call ratio based on open interest is 0.23 (29 puts vs 127 calls), and 0.05 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 May 21, 2027 is about 29.9%, 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.