Phillips 66 (PSX) Most Active Options
The 21 most actively traded Phillips 66 (PSX) 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 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active PSX Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| PSX $185 put | Sep 17, 2027 | 343d | $7.10 | 44.5% | 4 | -0.11 | 2 | 180 | 188.7× avg |
| PSX $260 call | Nov 20, 2026 | 42d | $27.00 | 41.2% | 11 | 0.72 | 587 | 152 | 12.5× avg |
| PSX $280 put | Oct 16, 2026 | 7d | $6.35 | 39.7% | 66 | -0.53 | 71 | 148 | 10.1× avg |
| PSX $285 call | Oct 16, 2026 | 7d | $2.71 | 34.5% | 0 | 0.32 | 652 | 128 | 2.1× avg |
| PSX $300 call | Nov 20, 2026 | 42d | $7.45 | 41.5% | 39 | 0.33 | 279 | 122 | 10.1× avg |
| PSX $290 call | Dec 18, 2026 | 70d | $19.38 | 40.7% | 21 | 0.45 | 844 | 109 | 6.3× avg |
| PSX $285 call | Oct 23, 2026 | 14d | $7.50 | 39.0% | 25 | 0.40 | 15 | 103 | 6.0× avg |
| PSX $250 put | Dec 18, 2026 | 70d | $8.20 | 42.6% | 34 | -0.24 | 151 | 98 | 5.6× avg |
| PSX $280 call | Oct 16, 2026 | 7d | $4.41 | 34.5% | 0 | 0.46 | 827 | 93 | 1.5× avg |
| PSX $280 put | Dec 18, 2026 | 70d | $20.90 | 42.9% | 64 | -0.46 | 138 | 82 | 7.4× avg |
| PSX $300 put | Nov 20, 2026 | 42d | $26.50 | 44.4% | 62 | -0.66 | 20 | 74 | 48.7× avg |
| PSX $290 call | Nov 6, 2026 | 28d | $10.60 | 41.5% | 25 | 0.39 | 8 | 67 | 5.1× avg |
| PSX $270 call | Nov 20, 2026 | 42d | $23.60 | 40.4% | 13 | 0.62 | 403 | 67 | 6.7× avg |
| PSX $295 call | Nov 6, 2026 | 28d | $8.60 | 41.5% | 26 | 0.33 | 6 | 66 | 5.1× avg |
| PSX $295 call | Oct 30, 2026 | 21d | $5.20 | 41.3% | 25 | 0.30 | 15 | 62 | 4.8× avg |
| PSX $280 put | Nov 20, 2026 | 42d | $17.20 | 43.3% | 68 | -0.48 | 61 | 62 | 5.6× avg |
| PSX $230 put | Sep 17, 2027 | 343d | $18.80 | 42.3% | 23 | -0.23 | 0 | 60 | 17.2× avg |
| PSX $250 put | Jan 15, 2027 | 98d | $10.52 | 41.9% | 43 | -0.26 | 655 | 57 | 8.0× avg |
| PSX $310 call | Dec 18, 2026 | 70d | $12.30 | 41.1% | 35 | 0.31 | 57 | 55 | 4.6× avg |
| PSX $250 call | Nov 20, 2026 | 42d | $34.76 | 41.8% | 15 | 0.80 | 232 | 51 | 4.2× avg |
| PSX $277.5 put | Oct 16, 2026 | 7d | $5.38 | 38.4% | 21 | -0.46 | 21 | 46 | 0.6× 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 PSX contract today is the $185 put expiring in 343 days, with 180 contracts traded. Calls dominate the most-active list (12 of the top 21), showing where trading interest concentrates.
Explore the payoff profile of option on PSX for free
Build multi-leg PSX strategies, visualize payoffs, and scan the full US options universe with OptiView.
PSX Options FAQ
Which PSX option contract is most active today?
The most traded PSX contract is the $185 put expiring Sep 17, 2027, with 180 contracts traded as of Oct 9, 2026.
How does OptiView rank the most active PSX options?
The table lists the 21 PSX 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.