Tower Semiconductor (TSEM) Options Chain

NASDAQ: TSEMTechnologySemiconductorsUSD

228.71-0.04 (-0.02%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $228.71
Put/call ratio (OI): 0.62
Put/call ratio (volume): 0.80
ATM implied volatility: 75.3%
Expected move: ±$57.00
Open interest (C / P): 1.72K / 1.07K

TSEM options summary

The TSEM options chain for the November 20, 2026 expiration lists 16 call and 22 put contracts, with 40 days until expiration. Open interest stands at 1,720 calls and 1,068 puts, a put/call ratio of 0.62, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $230.00 strike is 75.3%, which implies the market expects a move of about ±$57.00 (24.9%) in Tower Semiconductor stock by expiration.

The most open interest sits at the $240.00 call (655 contracts) and the $210.00 put (227 contracts).

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

TSEM options chain · November 20, 2026

TSEM 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
—	—	—	—	—	—	130.00	0.00	0.80	0.30	85.0%	2	12
—	—	—	—	—	—	135.00	0.25	0.95	0.62	85.5%	6	14
—	—	—	—	—	—	140.00	0.00	1.20	0.55	80.3%	18	19
—	—	—	—	—	—	145.00	0.00	1.90	0.85	82.1%	1	21
—	—	—	—	—	—	150.00	0.00	2.30	1.05	80.0%	1	11
—	—	—	—	—	—	155.00	0.40	2.20	1.30	76.8%	2	21
—	—	—	—	—	—	160.00	0.80	2.70	2.32	76.8%	1	42
—	—	—	—	—	—	165.00	1.10	3.40	1.60	76.3%	12	15
—	—	—	—	—	—	170.00	2.40	3.90	3.62	78.0%	7	52
—	—	—	—	—	—	175.00	3.40	5.00	4.55	79.4%	13	62
3	—	79.8%	54.00	51.10	56.90	180.00	3.80	6.80	5.62	79.9%	1	30
—	—	—	—	—	—	185.00	5.60	6.50	6.25	77.7%	5	31
—	—	—	—	—	—	190.00	5.00	9.70	8.30	77.7%	5	48
—	—	—	—	—	—	195.00	8.00	9.30	8.60	76.9%	2	15
8	1	79.8%	45.20	37.50	41.90	200.00	8.90	10.90	10.20	75.3%	303	74
101	—	80.9%	48.14	32.10	35.70	210.00	11.40	14.70	14.05	73.0%	15	227
31	5	80.5%	27.87	26.90	29.90	220.00	17.00	19.30	18.50	75.2%	2	41
TSEM $228.71
32	15	78.4%	23.05	21.90	24.20	230.00	21.00	23.90	24.40	72.1%	1	31
655	424	78.3%	19.60	18.10	19.80	240.00	28.20	29.80	28.05	74.2%	4	89
33	24	77.9%	15.72	13.90	16.80	250.00	34.60	36.50	31.08	74.2%	2	28
396	8	83.2%	12.10	12.10	15.80	260.00	41.60	46.10	33.80	78.3%	1	178
39	10	83.2%	11.75	9.20	13.70	270.00	—	—	—	—	—	—
234	6	79.4%	9.16	7.20	9.60	280.00	—	—	—	—	—	—
74	3	80.4%	6.60	5.70	8.20	290.00	62.70	70.40	58.16	72.6%	12	7
18	8	81.8%	5.63	4.30	7.40	300.00	—	—	—	—	—	—
64	2	82.9%	5.10	3.00	6.80	310.00	—	—	—	—	—	—
9	9	84.6%	6.66	2.25	6.20	320.00	—	—	—	—	—	—
9	4	85.2%	5.50	1.50	5.50	330.00	—	—	—	—	—	—
14	4	85.7%	4.50	1.10	4.70	340.00	—	—	—	—	—	—

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 TSEM put/call ratio?

For the November 20, 2026 expiration, the TSEM put/call ratio based on open interest is 0.62 (1,068 puts vs 1,720 calls), and 0.80 based on today's volume. A ratio above 1 means more puts than calls.

What is TSEM's implied volatility?

At-the-money implied volatility for TSEM options expiring November 20, 2026 is about 75.3%, an annualized estimate of how much the market expects Tower Semiconductor stock to move.

How many TSEM option expiration dates are there?

TSEM has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.