Organon & Co. (OGN) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
Organon & Co. (OGN) operates in the Healthcare sector, specifically the Drug Manufacturers - General industry, with a market capitalization near $3.50B, listed on NYSE, employing roughly 10,000 people, carrying a beta of 1.55 to the broader market. Organon & Co. Led by Joseph T. Morrissey Jr., public since 2021-05-14.
Snapshot as of May 15, 2026.
- Spot Price
- $13.39
- Total OI
- 196.6K
- Total Volume
- 529
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 3.8%
- Avg Bid/Ask Spread
- 54.73%
As of May 15, 2026, Organon & Co. (OGN) has 196.6K open contracts and 529 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 3.8%. Average bid/ask spread across the chain is 54.73%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How OGN options chain Data Feeds Strategy Selection
Strategy selection on Organon & Co. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 3.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
OGN most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $14.00 | Dec 18, 2026 | 11 | 3.8K | 3.6% | $0.10 | $0.15 |
Top 1 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked OGN options chain questions
- What does the OGN options chain show right now?
- As of May 15, 2026, Organon & Co. (OGN) has 196.6K contracts outstanding and 529 traded today, with ATM IV of 3.8%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for OGN options?
- The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are OGN options bid/ask spreads?
- Average bid/ask spread across the chain is 54.73%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.