Oppenheimer Holdings Inc. (OPY) Options Chain
The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.
Oppenheimer Holdings Inc. (OPY) operates in the Financial Services sector, specifically the Financial - Capital Markets industry, with a market capitalization near $1.22B, listed on NYSE, employing roughly 3,062 people, carrying a beta of 1.08 to the broader market. Headquartered in New York since its founding in 1881, Oppenheimer Holdings Inc. Led by Robert Steven Lowenthal, public since 1982-10-06.
Snapshot as of Aug 14, 2026.
- Spot Price
- $115.24
- Total OI
- 282
- Total Volume
- 0
- Front Expiration
- 35 days
- Second Expiration
- 126 days
- ATM IV
- 35.1%
- Avg Bid/Ask Spread
- 33.21%
As of Aug 14, 2026, Oppenheimer Holdings Inc. (OPY) has 282 open contracts and 0 contracts traded. The nearest expiration is 35 days out, followed by 126 days. ATM implied volatility is 35.1%. Average bid/ask spread across the chain is 33.21%: 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 OPY options chain Data Feeds Strategy Selection
Strategy selection on Oppenheimer Holdings Inc. 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 35.1% 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.
How to read the OPY chain depth
The listed-expirations table above shows every expiration available for Oppenheimer Holdings Inc. options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. OPY front expiration sits at 35 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.020 means longer-dated tenors price in proportionally more IV.
OPY chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the OPY chain is 33.21% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the OPY chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. OPY's current 10.06% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
OPY listed expirations
Per-expiration ATM implied volatility for OPY options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| Aug 21, 2026 | 7 | 44.1% |
| Sep 18, 2026 | 35 | 35.1% |
| Dec 18, 2026 | 126 | 37.1% |
| Mar 19, 2027 | 217 | 37.2% |
Frequently asked OPY options chain questions
- What does the OPY options chain show right now?
- As of Aug 14, 2026, Oppenheimer Holdings Inc. (OPY) has 282 contracts outstanding and 0 traded today, with ATM IV of 35.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for OPY options?
- The nearest expiration is 35 days out, followed by 126 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are OPY options bid/ask spreads?
- Average bid/ask spread across the chain is 33.21%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.