PAG · Penske Automotive Group, Inc.

Track PAG — free Ask ALVIS about PAG

$218.11 +2.41 (+1.12%)

Market Cap

$14.18B

65.75M

Options Chain

15-min delayed Underlying $218.11 · today Options Calculator

Positioning

Aug 21, 2026 · 24 days to expiry · 60 contracts

Put / call OI

0.28

Call-heavy positioning

Open interest

1,211

contracts outstanding

Volume

224

traded today

Max pain

$185.00

$33.11 below spot

ATM implied vol

19.3%

market's expected move

Open interest by strike · near the money

Calls Puts

100

105

110

115

120

125

130

135

140

145

150

155

160

165

170

175

180

185

190

195

200

210

220

230

240

250

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 24d Sep 18 52d Nov 20 115d Feb 19 206d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	—	—	—	—		$0.35	-0.01	187.5%	1	8
Call · $80 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $80 Last $0.35 Breakeven $79.65 Implied vol 187.5% Delta -0.01 ≈1% ITM Gamma 0 Theta -0.057 Vega 0.017 Open interest 8 Model this put
0	—	—	—	—		$0.55	-0.01	176.8%	1	2
Call · $85 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $85 Last $0.55 Breakeven $84.45 Implied vol 176.8% Delta -0.01 ≈1% ITM Gamma 0 Theta -0.056 Vega 0.017 Open interest 2 Model this put
0	—	—	—	—		$0.75	-0.011	166.8%	1	1
Call · $90 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $90 Last $0.75 Breakeven $89.25 Implied vol 166.8% Delta -0.011 ≈1% ITM Gamma 0 Theta -0.056 Vega 0.018 Open interest 1 Model this put
0	—	—	—	—		$0.85	-0.012	157.4%	1	1
Call · $95 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $95 Last $0.85 Breakeven $94.15 Implied vol 157.4% Delta -0.012 ≈1% ITM Gamma 0 Theta -0.056 Vega 0.019 Open interest 1 Model this put
0	—	—	—	—		$1.50	-0.012	148.5%	1	1
Call · $100 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $100 Last $1.50 Breakeven $98.50 Implied vol 148.5% Delta -0.012 ≈1% ITM Gamma 0 Theta -0.055 Vega 0.019 Open interest 1 Model this put
0	—	—	—	—		$0.20	-0.013	140%	1	4
Call · $105 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $105 Last $0.20 Breakeven $104.80 Implied vol 140% Delta -0.013 ≈1% ITM Gamma 0 Theta -0.055 Vega 0.02 Open interest 4 Model this put
0	—	106.1%	0.997	—		$2.10	-0.014	131.9%	1	7
Call · $110 In the money Last — Breakeven — Implied vol 106.1% Delta 0.997 ≈100% ITM Gamma 0 Theta -0.007 Vega 0.005 Open interest 0 Model this call Put · $110 Last $2.10 Breakeven $107.90 Implied vol 131.9% Delta -0.014 ≈1% ITM Gamma 0 Theta -0.055 Vega 0.02 Open interest 7 Model this put
0	—	—	—	—		$0.75	-0.015	124.2%	30	35
Call · $115 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $115 Last $0.75 Breakeven $114.25 Implied vol 124.2% Delta -0.015 ≈1% ITM Gamma 0.001 Theta -0.054 Vega 0.021 Open interest 35 Model this put
0	—	—	—	—		$2.75	-0.016	116.9%	2	9
Call · $120 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $120 Last $2.75 Breakeven $117.25 Implied vol 116.9% Delta -0.016 ≈2% ITM Gamma 0.001 Theta -0.054 Vega 0.021 Open interest 9 Model this put
0	—	—	—	—		$4.30	-0.017	109.8%	1	5
Call · $125 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $125 Last $4.30 Breakeven $120.70 Implied vol 109.8% Delta -0.017 ≈2% ITM Gamma 0.001 Theta -0.053 Vega 0.021 Open interest 5 Model this put
0	—	—	—	—		$2.60	-0.018	103.1%	1	31
Call · $130 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $130 Last $2.60 Breakeven $127.40 Implied vol 103.1% Delta -0.018 ≈2% ITM Gamma 0.001 Theta -0.053 Vega 0.022 Open interest 31 Model this put
0	—	—	—	—		$1.80	-0.019	96.6%	1	2
Call · $135 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $135 Last $1.80 Breakeven $133.20 Implied vol 96.6% Delta -0.019 ≈2% ITM Gamma 0.001 Theta -0.052 Vega 0.022 Open interest 2 Model this put
0	—	74.9%	0.993	—		$2.45	-0.021	90.3%	1	4
Call · $140 In the money Last — Breakeven — Implied vol 74.9% Delta 0.993 ≈99% ITM Gamma 0.001 Theta -0.015 Vega 0.009 Open interest 0 Model this call Put · $140 Last $2.45 Breakeven $137.55 Implied vol 90.3% Delta -0.021 ≈2% ITM Gamma 0.001 Theta -0.052 Vega 0.023 Open interest 4 Model this put
0	—	—	—	—		$0.10	-0.022	84.3%	1	3
Call · $145 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $145 Last $0.10 Breakeven $144.90 Implied vol 84.3% Delta -0.022 ≈2% ITM Gamma 0.001 Theta -0.052 Vega 0.023 Open interest 3 Model this put
1	1	67.4%	0.989	$12.16		$0.07	-0.027	80.9%	27	36
Call · $150 In the money Last $12.16 Breakeven $162.16 Implied vol 67.4% Delta 0.989 ≈99% ITM Gamma 0.001 Theta -0.021 Vega 0.022 Open interest 1 Model this call Put · $150 Last $0.07 Breakeven $149.93 Implied vol 80.9% Delta -0.027 ≈3% ITM Gamma 0.001 Theta -0.059 Vega 0.047 Open interest 36 Model this put
4	4	58.7%	0.991	$15.85		$1.80	-0.028	73.6%	10	11
Call · $155 In the money Last $15.85 Breakeven $170.85 Implied vol 58.7% Delta 0.991 ≈99% ITM Gamma 0.001 Theta -0.014 Vega 0.01 Open interest 4 Model this call Put · $155 Last $1.80 Breakeven $153.20 Implied vol 73.6% Delta -0.028 ≈3% ITM Gamma 0.002 Theta -0.054 Vega 0.048 Open interest 11 Model this put
4	1	48.4%	0.995	$54.40		$2.46	-0.084	95.5%	1	3
Call · $160 In the money Last $54.40 Breakeven $214.40 Implied vol 48.4% Delta 0.995 ≈100% ITM Gamma 0.001 Theta -0.006 Vega 0.009 Open interest 4 Model this call Put · $160 Last $2.46 Breakeven $157.54 Implied vol 95.5% Delta -0.084 ≈8% ITM Gamma 0.003 Theta -0.17 Vega 0.084 Open interest 3 Model this put
3	4	51.1%	0.986	$35.70		$6.14	-0.03	60.6%	3	3
Call · $165 In the money Last $35.70 Breakeven $200.70 Implied vol 51.1% Delta 0.986 ≈99% ITM Gamma 0.001 Theta -0.019 Vega 0.024 Open interest 3 Model this call Put · $165 Last $6.14 Breakeven $158.86 Implied vol 60.6% Delta -0.03 ≈3% ITM Gamma 0.002 Theta -0.048 Vega 0.05 Open interest 3 Model this put
15	4	—	—	$46.00		$0.25	-0.038	56.8%	1	0
Call · $170 In the money Last $46.00 Breakeven $216.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 15 Model this call Put · $170 Last $0.25 Breakeven $169.75 Implied vol 56.8% Delta -0.038 ≈4% ITM Gamma 0.003 Theta -0.054 Vega 0.05 Open interest 0 Model this put
20	2	34.5%	0.995	$41.57		$0.21	-0.036	49.3%	16	1
Call · $175 In the money Last $41.57 Breakeven $216.57 Implied vol 34.5% Delta 0.995 ≈99% ITM Gamma 0.001 Theta -0.005 Vega 0.01 Open interest 20 Model this call Put · $175 Last $0.21 Breakeven $174.79 Implied vol 49.3% Delta -0.036 ≈4% ITM Gamma 0.003 Theta -0.045 Vega 0.051 Open interest 1 Model this put
24	1	34.1%	0.988	$37.55		$0.20	-0.043	44.9%	12	14
Call · $180 In the money Last $37.55 Breakeven $217.55 Implied vol 34.1% Delta 0.988 ≈99% ITM Gamma 0.002 Theta -0.012 Vega 0.025 Open interest 24 Model this call Put · $180 Last $0.20 Breakeven $179.80 Implied vol 44.9% Delta -0.043 ≈4% ITM Gamma 0.004 Theta -0.047 Vega 0.052 Open interest 14 Model this put
413	1	—	—	$32.32		$1.45	-0.045	38.7%	1	1
Call · $185 In the money Last $32.32 Breakeven $217.32 Implied vol — Delta — Gamma — Theta — Vega — Open interest 413 Model this call Put · $185 Last $1.45 Breakeven $183.55 Implied vol 38.7% Delta -0.045 ≈4% ITM Gamma 0.004 Theta -0.042 Vega 0.053 Open interest 1 Model this put
71	1	26.8%	0.978	$3.80		$2.88	-0.055	34.5%	2	3
Call · $190 In the money Last $3.80 Breakeven $193.80 Implied vol 26.8% Delta 0.978 ≈98% ITM Gamma 0.003 Theta -0.016 Vega 0.027 Open interest 71 Model this call Put · $190 Last $2.88 Breakeven $187.12 Implied vol 34.5% Delta -0.055 ≈5% ITM Gamma 0.006 Theta -0.045 Vega 0.053 Open interest 3 Model this put
11	9	26.6%	0.95	$22.00		$9.09	-0.072	30.6%	1	3
Call · $195 In the money Last $22.00 Breakeven $217.00 Implied vol 26.6% Delta 0.95 ≈95% ITM Gamma 0.007 Theta -0.031 Vega 0.054 Open interest 11 Model this call Put · $195 Last $9.09 Breakeven $185.91 Implied vol 30.6% Delta -0.072 ≈7% ITM Gamma 0.008 Theta -0.049 Vega 0.093 Open interest 3 Model this put
20	10	26.3%	0.902	$18.00		$1.60	-0.139	32.2%	1	60
Call · $200 In the money Last $18.00 Breakeven $218.00 Implied vol 26.3% Delta 0.902 ≈90% ITM Gamma 0.012 Theta -0.053 Vega 0.095 Open interest 20 Model this call Put · $200 Last $1.60 Breakeven $198.40 Implied vol 32.2% Delta -0.139 ≈14% ITM Gamma 0.012 Theta -0.083 Vega 0.142 Open interest 60 Model this put
71	1	21.4%	0.757	$9.95		$1.50	-0.264	23.9%	1	14
Call · $210 In the money Last $9.95 Breakeven $219.95 Implied vol 21.4% Delta 0.757 ≈76% ITM Gamma 0.026 Theta -0.079 Vega 0.19 Open interest 71 Model this call Put · $210 Last $1.50 Breakeven $208.50 Implied vol 23.9% Delta -0.264 ≈26% ITM Gamma 0.024 Theta -0.09 Vega 0.19 Open interest 14 Model this put
Underlying $218.11
240	24	15.4%	0.413	$2.40		$8.00	-0.55	23.1%	3	1
Call · $220 Last $2.40 Breakeven $222.40 Implied vol 15.4% Delta 0.413 ≈41% ITM Gamma 0.045 Theta -0.071 Vega 0.224 Open interest 240 Model this call Put · $220 In the money Last $8.00 Breakeven $212.00 Implied vol 23.1% Delta -0.55 ≈55% ITM Gamma 0.031 Theta -0.105 Vega 0.223 Open interest 1 Model this put
44	35	16.3%	0.103	$0.55		$15.00	-0.777	26.3%	1	1
Call · $230 Last $0.55 Breakeven $230.55 Implied vol 16.3% Delta 0.103 ≈10% ITM Gamma 0.02 Theta -0.034 Vega 0.103 Open interest 44 Model this call Put · $230 In the money Last $15.00 Breakeven $215.00 Implied vol 26.3% Delta -0.777 ≈78% ITM Gamma 0.021 Theta -0.089 Vega 0.153 Open interest 1 Model this put
6	2	28.2%	0.098	$0.55		—	-0.854	34.6%	—	0
Call · $240 Last $0.55 Breakeven $240.55 Implied vol 28.2% Delta 0.098 ≈10% ITM Gamma 0.011 Theta -0.057 Vega 0.104 Open interest 6 Model this call Put · $240 In the money Last — Breakeven — Implied vol 34.6% Delta -0.854 ≈85% ITM Gamma 0.012 Theta -0.089 Vega 0.154 Open interest 0 Model this put
0	—	35.8%	0.072	—		—	-0.884	42.6%	—	0
Call · $250 Last — Breakeven — Implied vol 35.8% Delta 0.072 ≈7% ITM Gamma 0.007 Theta -0.058 Vega 0.062 Open interest 0 Model this call Put · $250 In the money Last — Breakeven — Implied vol 42.6% Delta -0.884 ≈88% ITM Gamma 0.008 Theta -0.092 Vega 0.106 Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 16 strikes around the money are shown by default — switch to "All 30" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1019849 CUSIP 70959W103 13F (30d) 102 filings 98 filers Visit website Investor relations