Copa Holdings, S.A. (CPA) Most Active Options

The 25 most actively traded Copa Holdings, S.A. (CPA) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$131.43
52-week range
$107.68 – $156.74
ATM IV (30d)
32.7%
IV rank
15 / 100
Low
Expected move
±$11.24 (±8.6%)
Put/call OI
2.61
Put-heavy
Max pain
$140
↑ 6.5% above close

Most Active CPA Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
CPA $135 call Sep 18, 2026 25d $2.55 32.7% 30 0.39 14 44 30.4× avg
CPA $125 put Oct 16, 2026 53d $4.20 0.0% 0 1.00 0 14 1.3× avg
CPA $100 call Feb 19, 2027 179d $34.44 46.9% 79 0.84 5 12 23.5× avg
CPA $115 call Feb 19, 2027 179d $23.89 0 10
CPA $130 call Oct 16, 2026 53d $7.40 25 15 10 7.7× avg
CPA $160 call Jan 15, 2027 144d $3.72 35.3% 59 0.21 116 9 17.6× avg
CPA $135 call Nov 20, 2026 88d $8.20 5 42 7 14.0× avg
CPA $105 put Nov 20, 2026 88d $2.05 0.0% 0 1.00 104 6 0.6× avg
CPA $160 call Nov 20, 2026 88d $1.95 49 40 6 19.8× avg
CPA $120 put Sep 18, 2026 25d $1.20 0 953 4 1.8× avg
CPA $130 put Sep 18, 2026 25d $5.10 37.9% 8 -0.44 37 3 3.6× avg
CPA $145 call Sep 18, 2026 25d $0.65 4 59 3 0.4× avg
CPA $160 call Sep 18, 2026 25d $0.20 0.0% 0 1.00 87 2 1.4× avg
CPA $165 call Jan 15, 2027 144d $3.07 11 34 2 6.6× avg
CPA $140 call Sep 18, 2026 25d $1.05 7 35 2 0.2× avg
CPA $140 call Nov 20, 2026 88d $5.59 6 31 2 3.3× avg
CPA $155 call Sep 18, 2026 25d $0.20 0 3 2 36.0× avg
CPA $155 call Feb 19, 2027 179d $5.65 38.3% 64 0.31 1 1 2.0× avg
CPA $150 call Sep 18, 2026 25d $0.30 25 14 1 0.1× avg
CPA $125 put Sep 18, 2026 25d $2.75 500.0% 100 0.00 55 1 1.2× avg
CPA $110 put Nov 20, 2026 88d $2.70 6 8 1 7.4× avg
CPA $120 put Nov 20, 2026 88d $5.45 39.9% 43 -0.29 26 1 0.1× avg
CPA $130 put Nov 20, 2026 88d $9.10 8 71 1 1.5× avg
CPA $160 call Dec 18, 2026 116d $2.72 38.0% 64 0.20 56 1 2.0× avg
CPA $100 put Dec 18, 2026 116d $2.00 13 422 1 7.4× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active CPA contract today is the $135 call expiring in 25 days, with 44 contracts traded. Calls dominate the most-active list (16 of the top 25), showing where trading interest concentrates.

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CPA Options FAQ

Which CPA option contract is most active today?

The most traded CPA contract is the $135 call expiring Sep 18, 2026, with 44 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active CPA options?

The table lists the 25 CPA contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.