Warner Music Group (WMG) Options Chain

NASDAQ: WMGConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD

28.72-0.19 (-0.66%)

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

After hours: 28.72 0.00%

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $28.72
Put/call ratio (OI): 0.10
Put/call ratio (volume): 0.08
ATM implied volatility: 50.9%
Expected move: ±$2.02
Open interest (C / P): 2.17K / 219

WMG options summary

The WMG options chain for the October 16, 2026 expiration lists 13 call and 14 put contracts, with 7 days until expiration. Open interest stands at 2,175 calls and 219 puts, a put/call ratio of 0.10, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $29.00 strike is 50.9%, which implies the market expects a move of about ±$2.02 (7.0%) in Warner Music Group stock by expiration.

The most open interest sits at the $29.00 call (953 contracts) and the $26.00 put (64 contracts).

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

WMG options chain · October 16, 2026

WMG 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	—	—	19.25	0.00	0.00	15.00	—	—	—	—	—	—
—	—	—	—	—	—	20.00	0.00	0.00	0.10	50.0%	1	0
—	—	—	—	—	—	21.00	0.00	0.00	1.25	50.0%	—	0
—	—	—	—	—	—	22.00	0.00	0.95	0.10	170.9%	1	13
—	—	—	—	—	—	23.00	0.00	0.00	0.72	50.0%	—	0
—	—	—	—	—	—	24.00	0.00	1.30	0.30	146.5%	5	12
—	—	—	—	—	—	25.00	0.00	0.40	0.30	81.5%	10	58
0	1	—	1.95	0.00	0.00	26.00	0.00	2.15	0.23	134.6%	1	64
5	3	53.9%	2.95	0.50	3.50	27.00	0.00	1.95	0.30	103.3%	3	31
43	2	56.5%	2.05	0.00	2.70	28.00	0.00	0.95	1.25	76.4%	27	35
WMG $28.72
953	533	51.8%	0.60	0.25	1.25	29.00	0.00	2.00	1.05	50.0%	3	3
68	11	68.2%	0.26	0.00	0.65	30.00	0.05	3.30	2.54	51.6%	6	3
38	177	81.5%	0.19	0.00	1.15	31.00	0.45	3.70	3.19	135.7%	2	0
176	1	88.1%	0.05	0.00	0.90	32.00	0.00	0.00	2.04	—	2	0
12	12	151.6%	0.75	0.00	2.25	33.00	0.00	0.00	2.30	—	—	0
13	2	133.7%	0.50	0.00	1.35	34.00	—	—	—	—	—	—
864	20	187.5%	0.50	0.00	2.45	35.00	—	—	—	—	—	—
2	—	195.5%	0.55	0.90	1.40	36.00	—	—	—	—	—	—
1	—	206.1%	0.45	0.65	1.60	37.00	—	—	—	—	—	—

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 WMG put/call ratio?

For the October 16, 2026 expiration, the WMG put/call ratio based on open interest is 0.10 (219 puts vs 2,175 calls), and 0.08 based on today's volume. A ratio above 1 means more puts than calls.

What is WMG's implied volatility?

At-the-money implied volatility for WMG options expiring October 16, 2026 is about 50.9%, an annualized estimate of how much the market expects Warner Music Group stock to move.

How many WMG option expiration dates are there?

WMG has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 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.