Wheaton Precious Metals (WPM) Options Chain

NYSE: WPMBasic MaterialsPrecious MetalsUSD

138.65+3.69 (+2.73%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $138.65
Put/call ratio (OI): 0.58
Put/call ratio (volume): 1.41
ATM implied volatility: 49.6%
Expected move: ±$22.78
Open interest (C / P): 2.71K / 1.59K

WPM options summary

The WPM options chain for the November 20, 2026 expiration lists 22 call and 18 put contracts, with 40 days until expiration. Open interest stands at 2,715 calls and 1,586 puts, a put/call ratio of 0.58, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $140.00 strike is 49.6%, which implies the market expects a move of about ±$22.78 (16.4%) in Wheaton Precious Metals stock by expiration.

The most open interest sits at the $180.00 call (541 contracts) and the $125.00 put (297 contracts).

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

WPM options chain · November 20, 2026

WPM 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
—	—	—	—	—	—	95.00	0.00	0.65	0.10	62.1%	1	13
—	—	—	35.49	—	—	100.00	0.05	0.75	0.50	57.0%	5	22
—	—	—	—	—	—	105.00	0.00	0.95	0.80	51.6%	1	3
—	—	—	—	—	—	110.00	0.20	1.10	1.00	54.5%	5	52
7	—	60.4%	37.45	23.40	26.10	115.00	1.05	1.70	1.10	53.2%	4	83
25	15	58.2%	16.70	19.90	22.00	120.00	1.55	1.85	1.79	45.9%	34	96
54	7	52.4%	15.40	16.60	17.60	125.00	2.50	3.20	2.97	47.2%	16	297
25	7	51.5%	10.43	13.10	14.20	130.00	4.10	4.70	4.40	46.4%	18	129
38	2	51.2%	8.00	10.10	11.30	135.00	6.00	6.60	6.37	45.4%	11	170
WPM $138.65
220	9	52.5%	7.80	7.40	9.10	140.00	8.10	9.40	8.80	46.8%	11	107
65	8	47.1%	5.82	5.60	6.10	145.00	11.00	12.70	14.48	48.5%	1	98
523	10	48.8%	4.30	4.00	4.80	150.00	14.30	16.30	15.30	49.7%	9	183
120	1	49.3%	3.04	2.90	3.60	155.00	17.80	19.60	19.27	47.0%	10	167
132	9	47.3%	2.20	2.05	2.35	160.00	22.00	24.40	23.70	52.4%	5	39
92	6	49.1%	1.80	1.35	1.85	165.00	26.50	29.10	30.24	56.4%	10	11
88	5	51.6%	1.20	1.05	1.55	170.00	31.00	33.60	24.86	58.0%	40	104
34	1	54.9%	0.84	0.45	1.40	175.00	35.60	38.50	26.00	62.2%	—	12
541	1	50.7%	0.50	0.50	0.95	180.00	—	—	—	—	—	—
364	1	53.0%	0.65	0.15	1.10	185.00	—	—	—	—	—	—
63	10	53.8%	0.50	0.00	0.95	190.00	49.60	53.40	42.48	75.2%	—	0
20	10	53.6%	0.58	0.10	0.55	195.00	—	—	—	—	—	—
239	1	55.2%	0.25	0.00	0.55	200.00	—	—	—	—	—	—
38	22	63.5%	0.30	0.00	0.70	210.00	—	—	—	—	—	—
9	1	67.5%	0.27	0.00	0.60	220.00	—	—	—	—	—	—
18	2	70.8%	0.10	0.00	0.50	230.00	—	—	—	—	—	—

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 WPM put/call ratio?

For the November 20, 2026 expiration, the WPM put/call ratio based on open interest is 0.58 (1,586 puts vs 2,715 calls), and 1.41 based on today's volume. A ratio above 1 means more puts than calls.

What is WPM's implied volatility?

At-the-money implied volatility for WPM options expiring November 20, 2026 is about 49.6%, an annualized estimate of how much the market expects Wheaton Precious Metals stock to move.

How many WPM option expiration dates are there?

WPM has 13 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.