Philip Morris International Inc. (PM) Most Active Options
The 25 most actively traded Philip Morris International Inc. (PM) 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.
Most Active PM Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| PM $210 call | Nov 20, 2026 | 88d | $4.30 | — | 13 | — | 836 | 1,112 | 74.7× avg |
| PM $170 put | Nov 20, 2026 | 88d | $3.97 | — | 12 | — | 589 | 411 | 34.3× avg |
| PM $145 put | Mar 19, 2027 | 207d | $3.30 | — | 6 | — | 139 | 377 | 90.0× avg |
| PM $170 put | Oct 16, 2026 | 53d | $1.75 | — | 9 | — | 922 | 319 | 9.9× avg |
| PM $207.5 call | Sep 18, 2026 | 25d | $0.75 | 31.8% | 17 | 0.18 | — | 217 | 9.0× avg |
| PM $192.5 put | Aug 28, 2026 | 4d | $3.40 | 28.4% | 6 | -0.57 | 10 | 176 | 11.0× avg |
| PM $205 call | Sep 18, 2026 | 25d | $1.01 | 26.0% | 6 | 0.17 | — | 163 | 6.7× avg |
| PM $195 call | Aug 28, 2026 | 4d | $0.85 | 28.5% | 45 | 0.27 | 417 | 154 | 1.3× avg |
| PM $190 put | Aug 28, 2026 | 4d | $2.05 | 30.0% | 15 | -0.40 | 723 | 124 | 0.9× avg |
| PM $192.5 call | Aug 28, 2026 | 4d | $1.90 | 30.6% | 57 | 0.44 | 57 | 120 | 1.0× avg |
| PM $200 call | Nov 20, 2026 | 88d | $7.20 | — | 12 | — | 1,488 | 119 | 8.0× avg |
| PM $170 put | Sep 18, 2026 | 25d | $0.46 | — | 7 | — | 2,491 | 117 | 9.2× avg |
| PM $190 call | Aug 28, 2026 | 4d | $2.68 | 29.4% | 64 | 0.60 | 540 | 106 | 3.0× avg |
| PM $200 call | Sep 18, 2026 | 25d | $2.30 | — | 7 | — | 2,043 | 104 | 4.7× avg |
| PM $202.5 call | Aug 28, 2026 | 4d | $0.15 | — | 6 | — | 46 | 103 | 8.8× avg |
| PM $200 call | Oct 16, 2026 | 53d | $3.95 | — | 2 | — | 275 | 99 | 3.0× avg |
| PM $190 call | Oct 16, 2026 | 53d | $8.20 | — | 3 | — | 212 | 97 | 2.1× avg |
| PM $175 put | Oct 16, 2026 | 53d | $2.55 | — | 9 | — | 414 | 96 | 3.0× avg |
| PM $210 call | Dec 18, 2026 | 116d | $5.70 | — | 10 | — | 444 | 92 | 6.2× avg |
| PM $190 put | Jan 15, 2027 | 144d | $12.80 | 0.0% | 0 | 1.00 | 310 | 87 | 14.1× avg |
| PM $190 call | Sep 25, 2026 | 32d | $7.35 | — | 6 | — | 67 | 84 | 1.8× avg |
| PM $160 put | Mar 19, 2027 | 207d | $6.00 | — | 5 | — | 234 | 80 | 19.1× avg |
| PM $210 call | Sep 18, 2026 | 25d | $0.55 | — | 10 | — | 2,311 | 78 | 3.5× avg |
| PM $190 call | Sep 18, 2026 | 25d | $6.25 | — | 10 | — | 1,704 | 76 | 2.4× avg |
| PM $185 put | Sep 18, 2026 | 25d | $2.80 | — | 4 | — | 839 | 75 | 5.4× 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 PM contract today is the $210 call expiring in 88 days, with 1,112 contracts traded. Calls dominate the most-active list (15 of the top 25), showing where trading interest concentrates. One of these contracts is running well ahead of the usual daily volume.
Explore the payoff profile of option on PM for free
Build multi-leg PM strategies, visualize payoffs, and scan the full US options universe with OptiView.
PM Options FAQ
Which PM option contract is most active today?
The most traded PM contract is the $210 call expiring Nov 20, 2026, with 1,112 contracts traded as of Aug 24, 2026.
How does OptiView rank the most active PM options?
The table lists the 25 PM 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.