Tenaris S.A. (TS) Options Chain

NYSE: TSIndustrialsSteel/Iron OreUSD

57.34+0.75 (+1.33%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $57.34
Put/call ratio (OI): 0.87
Put/call ratio (volume): 1.08
ATM implied volatility: 39.7%
Expected move: ±$9.82
Open interest (C / P): 2.85K / 2.47K

TS options summary

The TS options chain for the December 18, 2026 expiration lists 20 call and 17 put contracts, with 68 days until expiration. Open interest stands at 2,852 calls and 2,468 puts, a put/call ratio of 0.87, which is fairly balanced between calls and puts. At-the-money implied volatility near the $57.50 strike is 39.7%, which implies the market expects a move of about ±$9.82 (17.1%) in Tenaris S.A. stock by expiration.

The most open interest sits at the $67.50 call (692 contracts) and the $57.50 put (679 contracts).

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

TS options chain · December 18, 2026

TS 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
—	—	—	—	—	—	32.50	0.00	0.00	0.40	25.0%	1	0
—	—	—	—	—	—	35.00	0.00	0.00	0.45	25.0%	1	0
0	—	187.1%	23.75	24.70	28.80	37.50	0.00	0.00	0.30	25.0%	1	0
2	2	170.8%	21.20	22.30	26.30	40.00	0.10	2.60	0.60	81.3%	2	3
0	1	—	20.34	0.00	0.00	42.50	0.05	1.55	0.85	60.1%	1	5
6	2	50.5%	14.33	11.00	13.10	45.00	0.00	0.95	0.45	54.4%	100	105
6	2	133.6%	16.25	15.50	19.50	47.50	0.25	2.50	1.95	52.7%	1	9
20	20	44.5%	7.80	7.30	8.80	50.00	0.60	3.20	2.12	50.5%	1	29
10	2	41.1%	5.00	5.30	6.80	52.50	0.85	2.00	1.54	41.6%	100	294
432	1	36.0%	4.10	3.90	4.80	55.00	2.00	3.20	3.44	43.9%	10	435
TS $57.34
126	36	36.0%	2.60	2.30	3.50	57.50	3.00	4.40	4.42	43.4%	10	679
280	313	33.1%	2.40	1.30	2.20	60.00	4.50	5.50	6.50	39.7%	140	280
328	2	32.5%	1.15	0.70	1.40	62.50	8.60	12.00	7.50	71.9%	5	246
676	10	34.1%	1.05	0.25	1.00	65.00	8.40	9.50	9.78	44.6%	70	361
692	1	36.8%	0.95	0.05	0.80	67.50	8.40	9.90	8.90	—	2	3
144	3	41.1%	0.60	0.00	0.75	70.00	8.30	11.60	14.01	—	—	18
49	1	45.8%	0.90	0.00	0.75	72.50	—	—	—	—	—	—
17	6	46.1%	0.75	0.00	0.55	75.00	12.40	15.20	17.95	—	—	1
51	5	58.2%	0.57	0.00	0.75	80.00	—	—	—	—	—	—
10	2	72.4%	0.65	0.00	2.20	85.00	—	—	—	—	—	—
1	2	83.0%	0.25	0.00	2.60	90.00	—	—	—	—	—	—
2	1	70.8%	0.45	0.00	0.95	95.00	—	—	—	—	—	—

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 TS put/call ratio?

For the December 18, 2026 expiration, the TS put/call ratio based on open interest is 0.87 (2,468 puts vs 2,852 calls), and 1.08 based on today's volume. A ratio above 1 means more puts than calls.

What is TS's implied volatility?

At-the-money implied volatility for TS options expiring December 18, 2026 is about 39.7%, an annualized estimate of how much the market expects Tenaris S.A. stock to move.

How many TS option expiration dates are there?

TS has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.