ZTO Express (Cayman) (ZTO) Options Chain
NYSE: ZTOIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 39
- Share price
- $20.15
- Put/call ratio (OI)
- 0.21
- Put/call ratio (volume)
- 0.13
- Expected move
- ±$2.73
- Open interest (C / P)
- 107 / 23
ZTO options summary
The ZTO options chain for the November 20, 2026 expiration lists 5 call and 4 put contracts, with 39 days until expiration. Open interest stands at 107 calls and 23 puts, a put/call ratio of 0.21, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $20.00 strike is 41.5%, which implies the market expects a move of about ±$2.73 (13.6%) in ZTO Express (Cayman) stock by expiration.
The most open interest sits at the $21.00 call (50 contracts) and the $20.00 put (18 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
ZTO options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 15.00 | 0.00 | 0.75 | 0.20 | |||||
| — | — | — | 18.00 | 0.15 | 0.40 | 0.25 | |||||
| 1.40 | 1.05 | 2.00 | 19.00 | 0.20 | 0.60 | 0.78 | |||||
| 0.80 | 0.50 | 1.25 | 20.00 | 0.45 | 0.95 | 1.20 | |||||
| 0.51 | 0.40 | 1.10 | 21.00 | — | — | — | |||||
| 0.35 | 0.05 | 1.30 | 22.00 | — | — | — | |||||
| 0.40 | 0.00 | 0.75 | 23.00 | — | — | — | |||||
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 ZTO put/call ratio?
For the November 20, 2026 expiration, the ZTO put/call ratio based on open interest is 0.21 (23 puts vs 107 calls), and 0.13 based on today's volume. A ratio above 1 means more puts than calls.
What is ZTO's implied volatility?
At-the-money implied volatility for ZTO options expiring November 20, 2026 is about 41.5%, an annualized estimate of how much the market expects ZTO Express (Cayman) stock to move.
How many ZTO option expiration dates are there?
ZTO has 5 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.