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 Oct 23, 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 $180 put | Nov 20, 2026 | 25d | $0.35 | 28.1% | 6 | -0.05 | 1,560 | 981 | 109.8× avg |
| PM $200 call | Dec 18, 2026 | 53d | $9.66 | 26.3% | 20 | 0.58 | 2,738 | 323 | 10.4× avg |
| PM $220 call | Nov 27, 2026 | 32d | $1.14 | 23.6% | 36 | 0.13 | 16 | 210 | 6.5× avg |
| PM $170 put | Nov 20, 2026 | 25d | $0.17 | 34.3% | 18 | -0.02 | 1,056 | 203 | 29.7× avg |
| PM $195 put | Oct 30, 2026 | 4d | $0.45 | 32.5% | 36 | -0.12 | 431 | 199 | 2.5× avg |
| PM $220 call | Dec 18, 2026 | 53d | $2.35 | 26.1% | 14 | 0.23 | 1,526 | 195 | 6.0× avg |
| PM $202.5 put | Nov 6, 2026 | 11d | $4.13 | 29.8% | 52 | -0.47 | 25 | 188 | 12.1× avg |
| PM $205 put | Nov 6, 2026 | 11d | $4.93 | 27.3% | 50 | -0.57 | 1 | 130 | 8.4× avg |
| PM $200 put | Oct 30, 2026 | 4d | $1.65 | 31.0% | 26 | -0.32 | 293 | 128 | 1.6× avg |
| PM $227.5 call | Nov 20, 2026 | 25d | $0.30 | 24.8% | 19 | 0.04 | 306 | 112 | 14.5× avg |
| PM $185 put | Dec 18, 2026 | 53d | $2.00 | 27.8% | 10 | -0.17 | 887 | 107 | 4.2× avg |
| PM $210 call | Nov 20, 2026 | 25d | $2.75 | 24.8% | 19 | 0.31 | 7,973 | 92 | 2.6× avg |
| PM $200 put | Dec 18, 2026 | 53d | $6.60 | 25.7% | 16 | -0.41 | 254 | 80 | 2.5× avg |
| PM $210 call | Jun 17, 2027 | 234d | $15.70 | 28.5% | 45 | 0.49 | 625 | 80 | 3.8× avg |
| PM $207.5 call | Oct 30, 2026 | 4d | $0.80 | 27.2% | 8 | 0.22 | 43 | 75 | 0.9× avg |
| PM $210 call | Oct 30, 2026 | 4d | $0.70 | 29.9% | 0 | 0.14 | 265 | 74 | 0.9× avg |
| PM $202.5 call | Oct 30, 2026 | 4d | $2.09 | 25.7% | 9 | 0.54 | 118 | 73 | 0.9× avg |
| PM $175 put | Nov 20, 2026 | 25d | $0.25 | 31.6% | 8 | -0.03 | 1,337 | 70 | 7.8× avg |
| PM $180 put | Dec 18, 2026 | 53d | $1.25 | 27.4% | 18 | -0.11 | 1,078 | 66 | 2.6× avg |
| PM $180 put | Jun 17, 2027 | 234d | $8.41 | 30.1% | 52 | -0.25 | 513 | 64 | 7.2× avg |
| PM $220 call | Jan 15, 2027 | 81d | $3.60 | 24.6% | 5 | 0.27 | 1,760 | 64 | 2.0× avg |
| PM $190 put | Jan 15, 2027 | 81d | $5.10 | 28.1% | 15 | -0.28 | 1,005 | 63 | 2.5× avg |
| PM $217.5 call | Nov 20, 2026 | 25d | $0.90 | 24.9% | 4 | 0.15 | 146 | 60 | 7.7× avg |
| PM $220 call | Jun 17, 2027 | 234d | $11.50 | 28.0% | 59 | 0.41 | 311 | 60 | 3.7× avg |
| PM $195 call | Nov 20, 2026 | 25d | $10.33 | 26.4% | 45 | 0.73 | 1,105 | 57 | 2.8× 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 $180 put expiring in 25 days, with 981 contracts traded. Calls dominate the most-active list (13 of the top 25), showing where trading interest concentrates. One of these contracts is running well ahead of the usual daily volume.
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PM Options FAQ
Which PM option contract is most active today?
The most traded PM contract is the $180 put expiring Nov 20, 2026, with 981 contracts traded as of Oct 23, 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.