What does the PHM options chain show right now?

As of Sep 30, 2026, PulteGroup, Inc. (PHM) has 20.1K contracts outstanding and 407 traded today, with ATM IV of 38.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for PHM options?

The nearest expiration is 30 days out, followed by 37 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are PHM options bid/ask spreads?

Average bid/ask spread across the chain is 28.62%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.

PulteGroup, Inc. (PHM) 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.

PulteGroup, Inc. (PHM) operates in the Consumer Cyclical sector, specifically the Residential Construction industry, with a market capitalization near $22.40B, listed on NYSE, employing roughly 6,506 people, carrying a beta of 1.20 to the broader market. PulteGroup, Inc. Led by Ryan R. Marshall, public since 1980-03-17.

Snapshot as of Sep 30, 2026.

Spot Price: $116.25
Total OI: 20.1K
Total Volume: 407
Front Expiration: 30 days
Second Expiration: 37 days
ATM IV: 38.7%
Avg Bid/Ask Spread: 28.62%

As of Sep 30, 2026, PulteGroup, Inc. (PHM) has 20.1K open contracts and 407 contracts traded. The nearest expiration is 30 days out, followed by 37 days. ATM implied volatility is 38.7%. Average bid/ask spread across the chain is 28.62%: 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 PHM options chain Data Feeds Strategy Selection

Strategy selection on PulteGroup, 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 38.7% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 PHM chain depth

The listed-expirations table above shows every expiration available for PulteGroup, 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. PHM front expiration sits at 30 days - the typical hedging horizon for monthly options. The backwardated slope of -0.013 means near-dated IV is pricing acute event risk.

PHM 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 PHM chain is 28.62% - 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 PHM 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. PHM's current 11.09% 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 →

PHM listed expirations

Per-expiration ATM implied volatility for PHM 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
Oct 2, 2026	2	38.7%
Oct 9, 2026	9	34.9%
Oct 16, 2026	16	33.9%
Oct 23, 2026	23	41.2%
Oct 30, 2026	30	38.7%
Nov 6, 2026	37	37.4%
Nov 20, 2026	51	35.9%
Dec 18, 2026	79	35.4%
Jan 15, 2027	107	35.3%
Mar 19, 2027	170	35.6%
Apr 16, 2027	198	34.8%
Jun 17, 2027	260	35.4%
Sep 17, 2027	352	36.1%
Jan 21, 2028	478	36.1%
Jan 19, 2029	842	36.5%

Frequently asked PHM options chain questions

What does the PHM options chain show right now?: As of Sep 30, 2026, PulteGroup, Inc. (PHM) has 20.1K contracts outstanding and 407 traded today, with ATM IV of 38.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for PHM options?: The nearest expiration is 30 days out, followed by 37 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are PHM options bid/ask spreads?: Average bid/ask spread across the chain is 28.62%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.