TAN ETF Options Chain and Prices
See Unusual Options Activity for TAN 🔥
In the Money
TAN Option Calls
11/20/26 (m)TAN Option Puts
TAN Option Calls 11/20/26 (m)
| Strike | Last Price | % Change | Volume | OI | Last Trade |
|---|---|---|---|---|---|
| 33.0 | $10.60 | -18.46% | 1 | 2 | 10/01, 07:51 PM |
| 34.0 | $24.90 | +1.22% | 2 | 0 | 04/30, 03:29 PM |
| 35.0 | $29.62 | +15.70% | 2 | 0 | 05/11, 04:59 PM |
| 36.0 | $21.10 | +0.48% | 20 | 0 | 04/29, 04:19 PM |
| 37.0 | $5.80 | +1.75% | 6 | 12 | 10/16, 05:38 PM |
| 38.0 | $9.40 | -51.30% | 1 | 1 | 09/18, 01:30 PM |
| 39.0 | $25.59 | +39.08% | 4 | 11 | 05/11, 06:39 PM |
| 40.0 | $5.15 | +7.29% | 1 | 91 | 10/13, 06:06 PM |
| 41.0 | $3.02 | +17.05% | 2 | 54 | 10/21, 05:54 PM |
| 42.0 | $2.45 | +17.22% | 6 | 118 | 10/21, 04:40 PM |
| 43.0 | $1.54 | +10.00% | 1 | 64 | 10/20, 06:59 PM |
| 44.0 | $1.50 | +50.00% | 2,432 | 348 | 10/21, 07:59 PM |
| 45.0 | $1.07 | +25.88% | 4 | 177 | 10/21, 07:49 PM |
| 46.0 | $0.79 | +12.86% | 81 | 110 | 10/21, 07:42 PM |
| 47.0 | $0.60 | +20.00% | 504 | 3,439 | 10/21, 07:10 PM |
| 48.0 | $0.48 | +33.33% | 6 | 79 | 10/21, 07:58 PM |
| 49.0 | $0.40 | +60.00% | 10 | 57 | 10/21, 06:32 PM |
| 50.0 | $0.25 | +8.70% | 17 | 625 | 10/21, 03:38 PM |
| 51.0 | $0.25 | -54.55% | 1 | 123 | 10/20, 03:01 PM |
| 52.0 | $0.12 | -20.00% | 29 | 125 | 10/20, 06:10 PM |
| 53.0 | $0.15 | -61.54% | 50 | 90 | 10/20, 05:23 PM |
TAN Option Puts 11/20/26 (m)
| Strike | Last Price | % Change | Volume | OI | Last Trade |
|---|---|---|---|---|---|
| 33.0 | $0.36 | +20.00% | 2 | 0 | 04/30, 05:09 PM |
| 34.0 | $0.10 | -33.33% | 1 | 9 | 10/13, 07:47 PM |
| 35.0 | $0.20 | -31.03% | 1 | 49 | 10/21, 06:57 PM |
| 36.0 | $0.40 | +21.21% | 2 | 267 | 10/19, 02:13 PM |
| 37.0 | $0.60 | +22.45% | 2 | 278 | 10/19, 06:21 PM |
| 38.0 | $0.77 | +63.83% | 24 | 32 | 10/19, 07:15 PM |
| 39.0 | $0.98 | -9.26% | 2 | 284 | 10/20, 03:26 PM |
| 40.0 | $1.28 | -11.72% | 3 | 398 | 10/20, 03:26 PM |
| 41.0 | $1.35 | -25.00% | 30 | 191 | 10/21, 07:00 PM |
| 42.0 | $2.03 | -12.50% | 4 | 86 | 10/20, 07:14 PM |
| 43.0 | $2.58 | +17.27% | 25 | 182 | 10/16, 07:53 PM |
| 44.0 | $3.21 | +68.95% | 5 | 114 | 10/16, 07:02 PM |
| 45.0 | $3.41 | -2.57% | 7 | 175 | 10/16, 04:11 PM |
| 46.0 | $3.90 | +5.41% | 20 | 104 | 10/14, 06:52 PM |
| 47.0 | $4.51 | +1.12% | 1 | 255 | 10/14, 02:00 PM |
| 48.0 | $6.65 | +20.91% | 50 | 148 | 10/19, 01:54 PM |
| 49.0 | $5.90 | +20.41% | 2 | 200 | 09/24, 07:02 PM |
| 50.0 | $7.23 | +1.83% | 6 | 176 | 10/16, 02:53 PM |
| 51.0 | $8.11 | +20.68% | 11 | 31 | 10/14, 06:00 PM |
| 52.0 | $7.83 | +4.82% | 4 | 46 | 09/16, 07:12 PM |
| 53.0 | $8.00 | +20.12% | 5 | 136 | 09/23, 03:53 PM |
TAN Options Summary
Expiring Nov 20, 2026 · As of Oct 21, 2026, 3:59 PM ET
- Put/Call Ratio (Volume)
- 0.10
- Put/Call Ratio (Open Interest)
- 0.52
- ATM Implied Volatility
- 41.9%
- Expected Move by Nov 20, 2026
- ±$4.12 (±9.68%)
- Max Pain
- $47.00
Top 5 Strikes by Open Interest
| Strike | Call OI | Put OI | Total OI |
|---|---|---|---|
| $47.00 | 3,439 | 255 | 3,694 |
| $55.00 | 1,301 | 468 | 1,769 |
| $50.00 | 625 | 176 | 801 |
| $85.00 | 502 | 7 | 509 |
| $40.00 | 91 | 398 | 489 |
FAQ
What is the put/call ratio for TAN options?
TAN options expiring Nov 20, 2026 show a put/call volume ratio of 0.10 (347 puts vs. 3,426 calls traded) and a put/call open interest ratio of 0.52 (4,627 puts vs. 8,979 calls open) as of Oct 21, 2026, 3:59 PM ET. A ratio above 1 means more puts than calls, which often reflects hedging or a bearish tilt.
What is the implied volatility of TAN options?
The at-the-money implied volatility of TAN options expiring Nov 20, 2026 is 41.9%, derived from the prices of the $43.00 strike call and put as of Oct 21, 2026, 3:59 PM ET.
What is the expected move for TAN by Nov 20, 2026?
The options market prices an expected move of ±$4.12 (±9.68%) for TAN by the Nov 20, 2026 expiration. This is the price of the at-the-money straddle at the $43.00 strike.
What is the max pain price for TAN options?
The max pain strike for TAN options expiring Nov 20, 2026 is $47.00. At that price, the open TAN calls and puts would pay their holders the least at expiration.
Which TAN option strikes have the most open interest?
For the Nov 20, 2026 expiration, the TAN strikes with the most open interest are $47.00 (3,694 contracts), $55.00 (1,769 contracts), $50.00 (801 contracts), $85.00 (509 contracts), $40.00 (489 contracts).
Options chain for Invesco Solar ETF (TAN).