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: Mar 19, 2027
Days to expiration: 160
Share price: $57.34
Put/call ratio (OI): 0.06
Put/call ratio (volume): 1.00
ATM implied volatility: 38.2%
Expected move: ±$14.51
Open interest (C / P): 1.31K / 76

TS options summary

The TS options chain for the March 19, 2027 expiration lists 11 call and 9 put contracts, with 160 days until expiration. Open interest stands at 1,308 calls and 76 puts, a put/call ratio of 0.06, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $57.50 strike is 38.2%, which implies the market expects a move of about ±$14.51 (25.3%) in Tenaris S.A. stock by expiration.

The most open interest sits at the $62.50 call (790 contracts) and the $60.00 put (38 contracts).

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

TS options chain · March 19, 2027

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
—	—	—	—	—	—	35.00	0.00	0.00	0.45	12.5%	—	0
—	—	—	—	—	—	37.50	0.00	0.00	0.65	12.5%	17	0
—	—	—	—	—	—	40.00	0.40	1.55	0.70	56.1%	1	2
—	—	—	—	—	—	42.50	0.00	2.65	0.87	61.3%	2	3
—	—	—	12.45	—	—	45.00	0.55	3.50	1.65	61.7%	—	2
5	1	41.2%	10.60	10.00	11.90	47.50	—	—	—	—	—	—
—	—	—	—	—	—	50.00	—	—	2.12	—	—	—
3	1	38.4%	6.30	5.80	8.30	52.50	—	—	—	—	—	—
311	4	36.8%	4.90	4.90	6.70	55.00	2.80	4.40	4.77	37.1%	—	30
TS $57.34
66	2	38.2%	4.50	3.50	5.70	57.50	—	—	—	—	—	—
117	5	39.7%	4.27	1.80	4.90	60.00	5.50	7.20	6.91	37.4%	10	38
790	11	43.6%	2.90	1.55	4.60	62.50	—	—	—	—	—	—
10	5	42.6%	2.10	0.45	3.70	65.00	9.00	11.10	11.06	40.9%	—	1
1	—	35.6%	1.30	0.30	1.65	70.00	—	—	—	—	—	—
5	1	38.9%	0.35	0.00	0.80	80.00	—	—	—	—	—	—
0	—	12.5%	0.55	0.00	0.00	85.00	—	—	—	—	—	—

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 March 19, 2027 expiration, the TS put/call ratio based on open interest is 0.06 (76 puts vs 1,308 calls), and 1.00 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 March 19, 2027 is about 38.2%, 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.