MS Options
MS $184.89 · Updated Oct 26, 4:00 PM ET
MS is at $184.89. The nearest expiration, Oct 30, 2026 (4 days out), lists 50 strikes, with 1,835 calls and 1,316 puts traded in the latest session. At-the-money implied volatility is 34.4%. The at-the-money straddle prices a move of about $5.96 (3.2%) by expiration.
MS Options Chain
MS is at $184.89. The nearest expiration, Oct 30, 2026 (4 days out), lists 50 strikes, with 1,835 calls and 1,316 puts traded in the latest session. At-the-money implied volatility is 34.4%. The at-the-money straddle prices a move of about $5.96 (3.2%) by expiration.
MS Gamma Exposure (GEX)
MS total dealer gamma exposure is -$9M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $184.38, with spot 0.3% above it. The call wall is $200.00 and the put wall $180.00.
MS Max Pain
MS max pain for Oct 30, 2026 (4 days out) is $187.50, 1.4% above the current $184.89. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $185.00.
MS Put/Call Ratio
Across every listed MS expiration, the put/call ratio is 0.58 by volume and 1.30 by open interest. More calls than puts are trading. 165,878 puts and 127,122 calls are open in total.
MS Implied Volatility
MS at-the-money implied volatility is 34.4% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 30.6%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
MS Open Interest by Strike
Across all MS expirations, the largest call open interest near the current $184.89 sits at the $200.00 strike (23,021 contracts) and the largest put open interest at $160.00 (20,472). 127,122 calls and 165,878 puts are open in total.
MS Expected Move
The options market prices MS to move about $5.96 (3.2%) by Oct 30, 2026, a range of $178.93 to $190.85. For Nov 27, 2026 (32 days out) the expected move is $13.40 (7.2%).