Zoetis (ZTS) Options Chain

NYSE: ZTSHealth CareBiotechnology: Pharmaceutical PreparationsUSD

74.81+1.73 (+2.37%)

At close: Oct 9, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $74.81
Put/call ratio (OI): 1.23
Put/call ratio (volume): 0.57
ATM implied volatility: 47.5%
Expected move: ±$11.76
Open interest (C / P): 4.39K / 5.40K

ZTS options summary

The ZTS options chain for the November 20, 2026 expiration lists 11 call and 9 put contracts, with 40 days until expiration. Open interest stands at 4,390 calls and 5,400 puts, a put/call ratio of 1.23, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $75.00 strike is 47.5%, which implies the market expects a move of about ±$11.76 (15.7%) in Zoetis stock by expiration.

The most open interest sits at the $80.00 call (1.37K contracts) and the $65.00 put (2.02K contracts).

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

ZTS options chain · November 20, 2026

ZTS 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
2	—	78.1%	32.78	32.80	36.90	40.00	—	—	—	—	—	—
—	—	—	—	—	—	50.00	0.00	0.25	0.05	61.9%	2	1,225
—	—	—	—	—	—	55.00	0.00	0.40	0.28	53.4%	1	90
3	2	52.5%	13.34	14.30	15.40	60.00	0.30	0.50	0.42	50.2%	58	1,012
79	4	61.2%	9.19	9.90	11.90	65.00	1.00	1.20	1.11	48.3%	234	2,019
762	6	45.3%	6.80	5.70	7.20	70.00	2.40	3.30	2.56	50.5%	77	695
ZTS $74.81
802	289	43.9%	4.20	4.10	4.30	75.00	4.30	5.20	4.79	51.0%	25	219
1,371	327	43.8%	2.38	2.35	2.40	80.00	7.60	9.30	8.70	52.9%	3	127
1,190	40	44.6%	1.21	1.20	1.30	85.00	10.70	13.80	12.30	54.3%	1	10
158	28	48.5%	0.65	0.60	0.85	90.00	—	—	—	—	—	—
13	6	50.3%	0.32	0.05	0.50	95.00	—	—	—	—	—	—
9	5	55.2%	0.10	0.00	0.40	100.00	—	—	—	—	—	—
1	—	74.8%	0.08	0.00	1.80	105.00	28.60	32.60	32.60	62.5%	—	3

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 ZTS put/call ratio?

For the November 20, 2026 expiration, the ZTS put/call ratio based on open interest is 1.23 (5,400 puts vs 4,390 calls), and 0.57 based on today's volume. A ratio above 1 means more puts than calls.

What is ZTS's implied volatility?

At-the-money implied volatility for ZTS options expiring November 20, 2026 is about 47.5%, an annualized estimate of how much the market expects Zoetis stock to move.

How many ZTS option expiration dates are there?

ZTS has 10 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.