The Procter & Gamble Company (PG) 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.
The Procter & Gamble Company (PG) operates in the Consumer Defensive sector, specifically the Household & Personal Products industry, with a market capitalization near $346.84B, listed on NYSE, employing roughly 108,000 people, carrying a beta of 0.39 to the broader market. The Procter & Gamble Company, commonly referred to as P&G, is a global enterprise that supplies a broad spectrum of branded consumer products to markets worldwide. Led by Shailesh G. Jejurikar, public since 1978-01-13.
Snapshot as of Jun 29, 2026.
- Spot Price
- $147.81
- Total OI
- 331.2K
- Total Volume
- 23.7K
- Front Expiration
- 32 days
- Second Expiration
- 39 days
- ATM IV
- 25.3%
- Avg Bid/Ask Spread
- 25.75%
As of Jun 29, 2026, The Procter & Gamble Company (PG) has 331.2K open contracts and 23.7K contracts traded. The nearest expiration is 32 days out, followed by 39 days. ATM implied volatility is 25.3%. Average bid/ask spread across the chain is 25.75%: 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 PG options chain Data Feeds Strategy Selection
Strategy selection on The Procter & Gamble Company 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 25.3% 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 PG chain depth
The listed-expirations table above shows every expiration available for The Procter & Gamble Company 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. PG front expiration sits at 32 days - the typical hedging horizon for monthly options. The backwardated slope of -0.017 means near-dated IV is pricing acute event risk.
PG 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 PG chain is 25.75% - 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 PG 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. PG's current 7.25% 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 →
PG listed expirations
Per-expiration ATM implied volatility for PG 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 |
|---|---|---|
| Jul 2, 2026 | 3 | 24.7% |
| Jul 10, 2026 | 11 | 23.6% |
| Jul 17, 2026 | 18 | 21.8% |
| Jul 24, 2026 | 25 | 22.8% |
| Jul 31, 2026 | 32 | 26.0% |
| Aug 7, 2026 | 39 | 24.3% |
| Aug 21, 2026 | 53 | 23.2% |
| Sep 18, 2026 | 81 | 22.5% |
| Oct 16, 2026 | 109 | 22.4% |
| Nov 20, 2026 | 144 | 22.9% |
| Dec 18, 2026 | 172 | 22.8% |
| Jan 15, 2027 | 200 | 23.2% |
| Mar 19, 2027 | 263 | 22.3% |
| Jun 17, 2027 | 353 | 22.2% |
| Jan 21, 2028 | 571 | 22.5% |
PG most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $150.00 | Jul 24, 2026 | 8.3K | 361 | 22.9% | $1.73 | $1.94 |
Top 1 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked PG options chain questions
- What does the PG options chain show right now?
- As of Jun 29, 2026, The Procter & Gamble Company (PG) has 331.2K contracts outstanding and 23.7K traded today, with ATM IV of 25.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for PG options?
- The nearest expiration is 32 days out, followed by 39 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are PG options bid/ask spreads?
- Average bid/ask spread across the chain is 25.75%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.