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: Dec 18, 2026
Days to expiration: 68
Share price: $138.65
Put/call ratio (OI): 0.92
Put/call ratio (volume): 2.42
ATM implied volatility: 49.7%
Expected move: ±$29.71
Open interest (C / P): 6.20K / 5.71K

WPM options summary

The WPM options chain for the December 18, 2026 expiration lists 34 call and 29 put contracts, with 68 days until expiration. Open interest stands at 6,195 calls and 5,706 puts, a put/call ratio of 0.92, which is fairly balanced between calls and puts. At-the-money implied volatility near the $140.00 strike is 49.7%, which implies the market expects a move of about ±$29.71 (21.4%) in Wheaton Precious Metals stock by expiration.

The most open interest sits at the $190.00 call (1.46K contracts) and the $130.00 put (611 contracts).

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

WPM options chain · December 18, 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
1	1	99.0%	85.37	86.80	90.70	50.00	0.00	0.50	0.30	112.1%	—	3
1	1	99.0%	95.22	82.10	85.60	55.00	0.00	0.60	1.00	105.3%	—	1
2	1	355.6%	51.01	99.10	102.50	60.00	0.00	1.15	0.45	107.2%	2	5
2	1	285.1%	48.70	89.50	92.50	65.00	0.00	0.00	0.20	25.0%	1	0
2	—	81.9%	80.59	67.00	71.00	70.00	0.00	0.00	0.23	25.0%	1	0
0	2	—	59.90	0.00	0.00	75.00	0.00	0.75	0.20	75.4%	1	71
5	4	69.1%	54.09	57.10	61.00	80.00	0.00	0.40	0.30	61.8%	1	84
19	4	65.0%	50.36	52.20	56.10	85.00	0.00	1.30	0.20	68.5%	80	116
59	10	57.3%	43.40	47.50	50.70	90.00	0.00	1.00	0.65	58.5%	3	85
12	1	56.9%	42.07	42.60	46.20	95.00	0.00	0.95	0.40	51.8%	5	132
26	1	53.4%	48.50	38.10	41.10	100.00	0.45	0.90	0.60	52.7%	47	355
6	1	52.0%	45.00	33.60	36.50	105.00	0.80	1.20	1.05	49.9%	1	347
228	5	53.4%	26.28	30.00	32.00	110.00	1.25	1.60	1.40	47.2%	243	309
51	3	50.7%	24.85	24.90	28.40	115.00	1.80	2.85	2.34	49.7%	1	563
145	20	56.0%	27.05	21.30	23.90	120.00	2.80	3.80	3.24	47.9%	21	362
208	2	54.3%	18.90	17.80	20.30	125.00	4.30	6.00	5.90	51.1%	6	411
318	6	50.6%	15.50	14.50	16.50	130.00	5.90	8.30	6.50	52.6%	3	611
451	11	49.7%	13.10	12.50	13.60	135.00	8.10	10.40	8.40	51.6%	154	498
WPM $138.65
240	12	55.0%	10.50	8.40	12.50	140.00	10.60	11.30	10.80	44.3%	103	370
139	1	55.1%	6.80	8.00	10.50	145.00	13.50	15.70	18.10	50.3%	1	158
277	2	49.0%	5.00	6.30	7.30	150.00	16.40	18.10	19.45	46.6%	2	325
176	10	49.2%	4.20	5.00	5.90	155.00	19.80	22.20	21.17	49.0%	2	79
201	1	47.2%	4.21	3.90	4.30	160.00	23.90	26.00	28.60	49.0%	1	48
292	10	50.2%	3.50	3.00	3.90	165.00	27.70	30.20	23.70	49.9%	5	229
584	3	49.1%	2.60	2.35	2.90	170.00	32.10	34.70	26.90	51.8%	1	535
210	2	50.4%	2.08	1.80	2.45	175.00	36.50	39.20	30.00	53.0%	1	1
249	7	53.9%	1.30	0.65	2.40	180.00	—	—	—	—	—	—
180	146	53.0%	1.45	1.05	1.80	185.00	36.50	39.90	46.24	—	1	0
1,461	5	52.3%	1.06	0.65	1.35	190.00	50.70	53.50	43.50	59.1%	5	5
52	5	53.3%	1.08	0.50	1.15	195.00	48.70	50.70	68.28	—	—	3
150	2	52.3%	0.80	0.45	1.20	200.00	—	—	—	—	—	—
80	4	51.9%	0.65	0.15	0.80	210.00	—	—	—	—	—	—
179	1	53.7%	0.45	0.00	0.70	220.00	—	—	—	—	—	—
189	1	68.1%	0.37	0.00	1.80	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 December 18, 2026 expiration, the WPM put/call ratio based on open interest is 0.92 (5,706 puts vs 6,195 calls), and 2.42 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 December 18, 2026 is about 49.7%, 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.