Americas Gold and Silver (USAS) Options Chain

NYSE: USASBasic MaterialsMetal MiningUSD

4.36+0.12 (+2.83%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $4.36
Put/call ratio (OI): 0.81
Put/call ratio (volume): 16.43
ATM implied volatility: 74.0%
Expected move: ±$1.07
Open interest (C / P): 2.03K / 1.64K

USAS options summary

The USAS options chain for the November 20, 2026 expiration lists 15 call and 8 put contracts, with 40 days until expiration. Open interest stands at 2,031 calls and 1,640 puts, a put/call ratio of 0.81, which is fairly balanced between calls and puts. At-the-money implied volatility near the $4.00 strike is 74.0%, which implies the market expects a move of about ±$1.07 (24.5%) in Americas Gold and Silver stock by expiration.

The most open interest sits at the $6.00 call (421 contracts) and the $5.00 put (571 contracts).

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

USAS options chain · November 20, 2026

USAS 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
0	1	—	4.00	0.00	0.00	1.00	—	—	—	—	—	—
18	4	212.5%	2.32	2.10	2.50	2.00	0.00	0.25	0.08	204.7%	5	2
132	3	103.9%	1.35	1.30	1.60	3.00	0.00	0.15	0.03	98.4%	3	27
222	1	75.4%	0.63	0.50	0.75	4.00	0.20	0.30	0.20	72.7%	1,809	480
USAS $4.36
413	11	81.3%	0.25	0.20	0.30	5.00	0.80	0.90	0.80	73.8%	321	571
421	72	78.9%	0.06	0.05	0.10	6.00	1.45	1.90	1.87	64.8%	422	512
172	2	81.3%	0.05	0.00	0.05	7.00	2.35	2.90	2.63	151.6%	1	41
336	5	112.5%	0.05	0.00	0.10	8.00	3.20	4.00	3.05	196.1%	1	7
14	1	157.0%	0.07	0.00	0.25	9.00	4.20	5.00	3.70	215.6%	1	0
190	1	180.5%	0.10	0.00	0.30	10.00	—	—	—	—	—	—
8	10	193.8%	0.05	0.00	0.30	11.00	—	—	—	—	—	—
6	12	196.9%	0.30	0.00	0.25	12.00	—	—	—	—	—	—
94	30	216.4%	0.13	0.00	0.30	13.00	—	—	—	—	—	—
5	—	217.2%	0.05	0.00	0.25	14.00	—	—	—	—	—	—
0	3	50.0%	0.20	0.00	0.00	15.00	—	—	—	—	—	—

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 USAS put/call ratio?

For the November 20, 2026 expiration, the USAS put/call ratio based on open interest is 0.81 (1,640 puts vs 2,031 calls), and 16.43 based on today's volume. A ratio above 1 means more puts than calls.

What is USAS's implied volatility?

At-the-money implied volatility for USAS options expiring November 20, 2026 is about 74.0%, an annualized estimate of how much the market expects Americas Gold and Silver stock to move.

How many USAS option expiration dates are there?

USAS has 8 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.