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Stocks / United States / MSFT / Options

Microsoft Corp. options tape

Read from CBOE's delayed chain on 23 September 2026, with Microsoft Corp. at $501.48: open interest within 90 days was 1,357,312 call and 581,992 put contracts, a put/call ratio of 0.43; the day's volume was 413,589 calls and 140,065 puts (0.34). The most call open interest sits at the $575.00 strike (137,387 contracts) and the most put open interest at $500.00 (28,569). The at-the-money straddle for 25 September 2026, 2 days out, was priced at 2.1% of spot. For 16 October 2026, implied volatility was 26.0% at the put 5% below spot and 24.2% at the call 5% above, +1.7 points.

Spot$501.48-0.72% on the day
Put/call, open interest0.43581,992 puts, 1,357,312 calls
Put/call, volume0.34140,065 puts, 413,589 calls
Priced move2.1%straddle to 25 September 2026, 2 days
30-day implied volatility24.9%
Put minus call IV, 5% out+1.7 ptsto 16 October 2026

Where the open interest sits

SideStrikeOpen interest
Calls$575.00137,387
Puts$500.0028,569

The strike with the most open interest on each side, across expiries within 90 days.

Strikes where the day's volume was at least twice the open interest

ContractVolumeOpen interest beforePremium traded
25 September 2026 call at $500.0012,3344,214$5.1 million
25 September 2026 call at $505.008,3893,439$2.0 million
25 September 2026 call at $507.5010,6383,337$1.8 million
25 September 2026 call at $510.0014,0465,135$1.8 million
25 September 2026 call at $497.503,1631,475$1.7 million
16 October 2026 put at $472.502,84618$1.1 million
2 October 2026 call at $497.50945308$855,225
28 September 2026 call at $500.001,606408$819,060

Volume of at least 200 contracts and at least twice the open interest, with at least $25,000 of premium at the mid; contracts expiring the same day are left out. Premium is mid price times volume times 100.

Source

CBOE delayed quotes for MSFT, the free 15-minute-delayed chain, read once a day. Figures describe positioning; they are not a forecast.

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