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: Dec 18, 2026
Days to expiration: 68
Share price: $74.81
Put/call ratio (OI): 1.62
Put/call ratio (volume): 0.71
ATM implied volatility: 43.9%
Expected move: ±$14.19
Open interest (C / P): 6.17K / 10.00K

ZTS options summary

The ZTS options chain for the December 18, 2026 expiration lists 31 call and 26 put contracts, with 68 days until expiration. Open interest stands at 6,166 calls and 10,004 puts, a put/call ratio of 1.62, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $75.00 strike is 43.9%, which implies the market expects a move of about ±$14.19 (19.0%) in Zoetis stock by expiration.

The most open interest sits at the $75.00 call (1.50K contracts) and the $60.00 put (2.35K contracts).

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

ZTS options chain · December 18, 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
4	1	60.2%	30.20	32.80	36.90	40.00	0.00	2.15	0.15	108.2%	—	5
4	2	109.6%	26.15	27.80	31.80	45.00	0.00	2.10	0.05	90.7%	2	1,056
18	2	92.1%	20.20	22.80	26.80	50.00	0.00	0.50	0.20	54.0%	1	162
4	1	56.5%	22.69	18.60	20.60	55.00	0.20	0.35	0.20	46.2%	2	590
36	3	44.0%	12.11	14.60	15.60	60.00	0.65	0.75	0.70	43.4%	23	2,347
42	10	45.0%	11.30	10.70	11.70	65.00	1.45	1.80	1.59	44.1%	16	2,151
120	13	42.7%	7.23	7.40	8.10	70.00	3.00	3.30	3.16	42.8%	31	1,600
ZTS $74.81
1,499	86	43.9%	5.10	3.90	5.60	75.00	4.90	5.80	5.46	44.0%	25	1,012
702	10	45.9%	3.13	1.95	3.90	80.00	7.20	9.80	10.41	51.5%	4	369
493	4	42.2%	1.92	1.80	2.10	85.00	11.00	13.60	14.70	53.7%	2	377
926	6	43.0%	1.05	0.50	1.30	90.00	16.00	17.80	17.08	56.4%	1	64
311	1	43.0%	0.52	0.30	0.75	95.00	20.40	23.00	22.55	53.1%	1	43
822	4	42.6%	0.40	0.30	0.40	100.00	24.90	27.30	30.50	51.9%	2	201
239	1	55.1%	0.20	0.00	0.75	105.00	30.10	32.30	28.69	59.5%	10	24
126	4	57.0%	0.15	0.00	1.15	110.00	0.00	0.00	34.05	—	1	0
186	1	52.7%	0.13	0.00	0.25	115.00	0.00	0.00	39.27	—	3	0
247	1	57.8%	0.10	0.00	0.55	120.00	43.50	47.60	48.16	60.6%	1	0
76	1	81.3%	0.37	0.00	2.20	125.00	0.00	0.00	44.65	—	1	0
74	4	77.6%	0.15	0.00	1.40	130.00	0.00	0.00	51.64	—	4	0
19	1	84.3%	0.10	0.00	1.65	135.00	55.00	58.30	52.30	—	1	0
40	1	88.1%	0.02	0.00	1.65	140.00	63.60	67.50	67.90	75.6%	3	0
0	1	25.0%	0.30	0.00	0.00	145.00	64.10	68.30	58.00	—	7	0
0	3	25.0%	0.10	0.00	0.00	150.00	69.20	73.30	63.50	—	12	0
17	2	85.5%	0.20	0.00	0.75	155.00	—	—	—	—	—	—
17	8	88.5%	0.20	0.00	0.75	160.00	37.20	40.60	44.59	—	3	3
16	1	89.3%	1.81	0.00	0.65	165.00	—	—	—	—	—	—
22	15	87.1%	0.05	0.00	0.45	170.00	89.30	93.30	82.70	—	1	0
4	1	114.5%	1.00	0.00	2.00	175.00	—	—	—	—	—	—
0	—	50.0%	1.40	0.00	0.00	180.00	50.00	52.90	55.50	—	—	0
0	1	101.5%	1.05	0.00	0.75	185.00	—	—	—	—	—	—
102	31	100.7%	0.10	0.00	0.45	200.00	—	—	—	—	—	—

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 ZTS put/call ratio?

For the December 18, 2026 expiration, the ZTS put/call ratio based on open interest is 1.62 (10,004 puts vs 6,166 calls), and 0.71 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 December 18, 2026 is about 43.9%, 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.