Targa Resources TRGP
$264.59 −$7.23 (-2.66%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $264.59 0.00%
Open$273.06
Prev close$271.82
Day range$263.74 – $274.61
Volume2.61M
Market cap$56.77B
P/E (TTM)23.4
Dividend yield1.70%
Average implied volatility across the listed chain right now: 55%. 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
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
The “volatility smile”: strikes far from the current price often price in richer implied volatility than at-the-money strikes.
Calls
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 20 Nov 2026 | $260.00 | $16.26 | $9.10/$11.40 | 0 | 19 | 38% |
| 20 Nov 2026 | $270.00 | $10.46 | $4.90/$6.50 | 0 | 43 | 40% |
| 20 Nov 2026 | $250.00 | $24.79 | $15.80/$18.60 | 0 | 1 | 39% |
| 20 Nov 2026 | $280.00 | $4.87 | $2.30/$3.40 | 3 | 55 | 41% |
| 20 Nov 2026 | $240.00 | $33.97 | $24.50/$26.90 | 0 | 0 | 39% |
| 20 Nov 2026 | $290.00 | $1.50 | $0.85/$1.70 | 5 | 120 | 41% |
| 20 Nov 2026 | $230.00 | $43.52 | $33.80/$37.10 | 0 | 0 | 48% |
| 20 Nov 2026 | $300.00 | $1.00 | $0.00/$1.25 | 3 | 189 | 49% |
| 20 Nov 2026 | $220.00 | $53.28 | $43.30/$46.80 | 0 | 0 | 47% |
| 20 Nov 2026 | $310.00 | $0.31 | $0.15/$0.70 | 36 | 1,874 | 48% |
| 20 Nov 2026 | $210.00 | $63.15 | $53.20/$56.80 | 0 | 0 | 55% |
| 20 Nov 2026 | $320.00 | $0.10 | $0.00/$0.25 | 406 | 1,108 | 45% |
| 20 Nov 2026 | $200.00 | $73.07 | $63.40/$66.70 | 0 | 0 | 70% |
| 20 Nov 2026 | $330.00 | $0.15 | $0.00/$1.45 | 0 | 377 | 54% |
| 20 Nov 2026 | $195.00 | $78.05 | $68.60/$71.90 | 0 | 0 | 85% |
Puts
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 20 Nov 2026 | $260.00 | $5.58 | $4.40/$6.10 | 7 | 96 | 38% |
| 20 Nov 2026 | $270.00 | $9.64 | $9.40/$11.60 | 5 | 193 | 39% |
| 20 Nov 2026 | $250.00 | $1.20 | $1.70/$3.70 | 3 | 333 | 42% |
| 20 Nov 2026 | $280.00 | $13.48 | $16.30/$18.80 | 50 | 423 | 39% |
| 20 Nov 2026 | $240.00 | $0.89 | $0.55/$1.10 | 0 | 21 | 40% |
| 20 Nov 2026 | $290.00 | $20.51 | $25.20/$27.70 | 0 | 162 | 42% |
| 20 Nov 2026 | $230.00 | $0.46 | $0.00/$1.80 | 0 | 2 | 46% |
| 20 Nov 2026 | $300.00 | $28.87 | $34.40/$36.80 | 0 | 60 | 41% |
| 20 Nov 2026 | $220.00 | $0.23 | $0.00/$1.75 | 0 | 2 | 51% |
| 20 Nov 2026 | $310.00 | $38.36 | $43.40/$47.40 | 0 | 16 | 0% |
| 20 Nov 2026 | $210.00 | $0.11 | $0.00/$1.60 | 0 | 0 | 56% |
| 20 Nov 2026 | $320.00 | $48.18 | $54.30/$56.60 | 0 | 0 | 52% |
| 20 Nov 2026 | $200.00 | $0.05 | $0.00/$1.50 | 0 | 1 | 60% |
| 20 Nov 2026 | $330.00 | $58.18 | $64.30/$66.60 | 0 | 0 | 59% |
| 20 Nov 2026 | $195.00 | $0.04 | $0.00/$1.50 | 0 | 0 | 63% |
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.
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