BeStock  
Stocks › Oil & Gas E&P › COP

ConocoPhillips COP

$136.27 +$0.81 (+0.60%)
Market closed · Nov 7, 9:10 am ET · Last extended-hours $136.80 +0.39%
Open$135.13
Prev close$135.46
Day range$134.19 – $138.39
Volume7.66M
Market cap$161.12B
P/E (TTM)14.4
Dividend yield2.47%

Average implied volatility across the listed chain right now: 42%. Implied volatility measures how big a price swing the options market is pricing in — there is no fixed “normal” level, it varies a lot by stock.

Open interest by strike

70105117124131138145155173185CallsPuts

Nearest listed expiry only. Calls above the line, puts below — clusters mark strikes where the market has built up the most open positions.

Implied volatility by strike

-30%91%212%332%70133185CallsPuts

The “volatility smile”: strikes far from the current price often price in richer implied volatility than at-the-money strikes.

Calls

ExpiryStrikeLastBid/AskVolumeOpen interestIV
13 Nov 2026 $136.00 $3.26 $2.85/$3.50 41 11 42%
13 Nov 2026 $137.00 $2.72 $2.56/$2.83 98 12 42%
13 Nov 2026 $135.00 $4.30 $3.00/$4.50 89 3 42%
13 Nov 2026 $138.00 $2.37 $2.06/$2.31 9 7 41%
13 Nov 2026 $134.00 $4.70 $3.80/$4.70 45 9 41%
13 Nov 2026 $139.00 $2.00 $1.64/$1.97 95 114 40%
13 Nov 2026 $133.00 $5.05 $4.00/$5.45 2 0 38%
13 Nov 2026 $140.00 $1.47 $1.41/$1.54 1,097 77 40%
13 Nov 2026 $132.00 $6.65 $5.20/$6.60 6 3 46%
13 Nov 2026 $141.00 $1.29 $1.07/$1.29 13 52 40%
13 Nov 2026 $131.00 $7.36 $5.55/$7.70 22 10 46%
13 Nov 2026 $142.00 $1.02 $0.82/$1.02 70 18 40%
13 Nov 2026 $130.00 $7.43 $6.70/$8.45 3 11 50%
13 Nov 2026 $143.00 $0.75 $0.52/$0.79 25 46 38%
13 Nov 2026 $129.00 $8.54 $6.90/$9.25 16 1 44%

Puts

ExpiryStrikeLastBid/AskVolumeOpen interestIV
13 Nov 2026 $136.00 $2.57 $2.38/$2.96 5 12 40%
13 Nov 2026 $137.00 $2.92 $2.89/$3.55 187 159 40%
13 Nov 2026 $135.00 $2.11 $1.98/$2.42 99 18 40%
13 Nov 2026 $138.00 $3.62 $3.30/$4.25 135 10 40%
13 Nov 2026 $134.00 $1.95 $1.55/$2.02 69 45 39%
13 Nov 2026 $139.00 $3.90 $3.95/$4.70 95 21 39%
13 Nov 2026 $133.00 $2.38 $1.30/$1.78 0 2 41%
13 Nov 2026 $140.00 $4.83 $4.35/$5.45 60 231 37%
13 Nov 2026 $132.00 $1.09 $1.04/$1.40 5 43 41%
13 Nov 2026 $141.00 $5.78 $5.25/$6.70 3 25 43%
13 Nov 2026 $131.00 $0.95 $0.84/$1.28 5 14 43%
13 Nov 2026 $142.00 $7.67 $5.65/$7.55 0 122 41%
13 Nov 2026 $130.00 $0.88 $0.77/$0.96 1,511 31 43%
13 Nov 2026 $143.00 $8.44 $6.10/$7.95 0 12 32%
13 Nov 2026 $129.00 $0.69 $0.64/$0.77 34 12 44%

Open interest = contracts currently outstanding (not yet closed out). Higher open interest generally means a strike/expiry is more actively traded and easier to get in and out of.

Discussion

No comments yet — be the first to weigh in on COP.

Leave a comment

Scroll to Top