6.23K calls and 105 puts traded on Nov 4, 2026, 6.34K contracts in total. Open interest was 44.47K contracts. Over the past 30 days, volume averaged 1.54K contracts per day. The PENN option volume chart shows volume by strike and expiration date.

PENN Entertainment IV rank is 41, so its 30-day implied volatility of 67.7% is near the middle of its one-year range. Over the past year it ranged from 27.8% on Sep 16, 2026 to 125.3% on Jul 17, 2026. See the PENN implied volatility history for a longer view.

The PENN Entertainment put/call volume ratio was 0.02 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.54. The PENN open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for PENN Entertainment options about one week from expiration was $15.02, 13.8% below the $17.42 close. The PENN max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 83.9%, options price a move of about ±$2.02 (±11.6%) over the next week, a range of roughly $15.40 to $19.44 from the Nov 4, 2026 close. The PENN expected move chart shows it for every expiration date.