PSX expected move

How far PSX options expect the stock to move by each expiration, from implied volatility.

• PSX options traded $656.90K in premium on 2026-11-02: $579.90K in calls and $77.00K in puts, a net bearish lean of $60.50K.
• Put/call ratio 0.13, implied volatility 45.4%.
• Options price a move of about ±$19.64 by 2026-11-06.
• Max pain for 2026-11-20 is $220.0.

Updated 2026-11-02 19:11 UTC