Waste Management (WM) Options Chain

NYSE: WMUtilitiesEnvironmental ServicesUSD

210.10+1.16 (+0.56%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 8
Share price: $210.10
Put/call ratio (OI): 0.68
Put/call ratio (volume): 0.71
ATM implied volatility: 22.6%
Expected move: ±$7.02
Open interest (C / P): 5.88K / 4.00K

WM options summary

The WM options chain for the October 16, 2026 expiration lists 21 call and 19 put contracts, with 8 days until expiration. Open interest stands at 5,880 calls and 3,998 puts, a put/call ratio of 0.68, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $210.00 strike is 22.6%, which implies the market expects a move of about ±$7.02 (3.3%) in Waste Management stock by expiration.

The most open interest sits at the $230.00 call (1.44K contracts) and the $210.00 put (1.59K contracts).

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

WM options chain · October 16, 2026

WM 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
6	1	113.5%	56.60	58.20	62.50	150.00	0.00	0.00	0.85	50.0%	—	0
1	—	96.1%	49.00	53.20	57.30	155.00	0.00	0.65	0.14	108.5%	2	9
—	—	—	—	—	—	160.00	0.00	0.95	0.05	105.8%	1	9
—	—	—	—	—	—	165.00	0.00	1.45	1.00	104.3%	—	3
—	—	—	—	—	—	170.00	0.00	0.75	0.23	82.0%	1	23
25	25	75.2%	27.00	34.30	36.80	175.00	0.00	0.80	0.02	73.5%	4	25
27	24	67.2%	27.60	29.30	31.90	180.00	0.00	0.20	0.01	50.3%	1	61
3	—	56.2%	23.72	24.30	26.80	185.00	0.00	0.10	0.06	42.6%	2	138
18	14	52.2%	18.37	19.80	21.80	190.00	0.00	0.20	0.04	39.4%	4	233
47	3	57.4%	13.50	14.50	16.90	195.00	0.00	0.05	0.03	24.2%	24	277
195	1	42.5%	10.60	9.90	11.70	200.00	0.10	0.30	0.20	24.5%	87	1,508
491	97	23.8%	2.70	2.50	3.00	210.00	2.00	2.60	2.37	21.4%	72	1,591
WM $210.10
1,206	97	23.1%	0.20	0.15	0.30	220.00	8.80	10.80	9.70	32.1%	17	102
1,436	3	28.3%	0.04	0.00	0.05	230.00	18.00	21.90	23.32	65.4%	1	3
1,011	4	39.3%	0.03	0.00	0.05	240.00	28.80	30.40	29.64	57.9%	1	12
403	1	67.4%	0.01	0.00	0.75	250.00	38.90	40.20	39.67	64.7%	1	0
377	6	54.7%	0.03	0.00	0.05	260.00	40.10	43.30	38.00	—	5	4
312	2	110.9%	1.35	0.00	2.15	270.00	58.50	60.90	59.49	109.2%	—	0
228	2	85.7%	0.10	0.00	0.25	280.00	—	—	—	—	—	—
50	26	115.1%	0.15	0.00	0.95	290.00	—	—	—	—	—	—
33	4	124.8%	0.15	0.00	0.95	300.00	88.20	91.00	82.49	145.5%	—	0
0	1	50.0%	0.85	0.00	0.00	310.00	—	—	—	—	—	—
11	1	164.6%	0.05	0.00	2.15	320.00	—	—	—	—	—	—
0	1	50.0%	0.38	0.00	0.00	350.00	—	—	—	—	—	—

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 WM put/call ratio?

For the October 16, 2026 expiration, the WM put/call ratio based on open interest is 0.68 (3,998 puts vs 5,880 calls), and 0.71 based on today's volume. A ratio above 1 means more puts than calls.

What is WM's implied volatility?

At-the-money implied volatility for WM options expiring October 16, 2026 is about 22.6%, an annualized estimate of how much the market expects Waste Management stock to move.

How many WM option expiration dates are there?

WM has 12 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.