Philip Morris International Inc. (PM) Options Volume

4,949 Philip Morris International Inc. (PM) option contracts changed hands in the latest session, at a put/call volume ratio of 0.83. This page tracks how actively PM options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Oct 23, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$199.54
52-week range
$144.34 – $205.33
ATM IV (30d)
27.8%
IV rank
25 / 100
Low
Expected move
±$13.29 (±6.7%)
Put/call OI
0.93
Max pain
$185
↓ 7.3% below close
Next earnings
Oct 25, 2026

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Options Volume & Premium Flow

Total options volume4,949
Call volume2,699
Put volume2,250
Put/call volume ratio0.83
Listed contracts1,096
Call premium traded$1.63M
Put premium traded$716.66K
Premium put/call ratio0.44
Open interest rank (31 day)90 / 100
Skew rank (31 day)14 / 100

PM Options Volume Trend

032.2K64.4K96.6K128.8KFeb '26Jun '26Oct '26

PM total options volume per session, past year.

0.001.482.964.435.91Feb '26Jun '26Oct '26

PM put/call volume ratio, past year.

PM Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
PM $180 put Nov 20, 2026 $0.35 28.1% 1,560 981 109.8× avg

With a put/call volume ratio of 0.83, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $1.63M of call premium and $716.66K of put premium changed hands — the larger premium flow is on the call side. One contract is trading at least three times their own 30-day average volume — activity worth a closer look.

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PM Options FAQ

How many PM options traded today?

4,949 PM option contracts traded as of Oct 23, 2026 — 2,699 calls and 2,250 puts.

Is there unusual options activity in PM today?

Yes — one contract is trading at least three times its 30-day average volume as of Oct 23, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.