diff --git a/src/format.zig b/src/format.zig
index 1b6b7e8..6628e2d 100644
--- a/src/format.zig
+++ b/src/format.zig
@@ -385,6 +385,15 @@ pub fn lotMaturitySortFn(_: void, a: Lot, b: Lot) bool {
     return ad < bd;
 }
 
+/// Sort lots by maturity date (earliest first), then by symbol name.
+/// Lots without maturity sort last.
+pub fn lotMaturityThenSymbolSortFn(_: void, a: Lot, b: Lot) bool {
+    const ad = if (a.maturity_date) |d| d.days else std.math.maxInt(i32);
+    const bd = if (b.maturity_date) |d| d.days else std.math.maxInt(i32);
+    if (ad != bd) return ad < bd;
+    return std.mem.lessThan(u8, a.symbol, b.symbol);
+}
+
 /// Summary of DRIP (dividend reinvestment) lots for a single ST or LT bucket.
 pub const DripSummary = struct {
     lot_count: usize = 0,
diff --git a/src/tui/portfolio_tab.zig b/src/tui/portfolio_tab.zig
index 9d9db77..c2f7762 100644
--- a/src/tui/portfolio_tab.zig
+++ b/src/tui/portfolio_tab.zig
@@ -413,33 +413,28 @@ pub fn rebuildPortfolioRows(app: *App) void {
         }
     }
 
-    // Options section (filtered by account when filter is active)
+    // Options section (sorted by expiration date, then symbol; filtered by account)
     if (app.portfolio) |pf| {
         if (pf.hasType(.option)) {
-            var has_matching = false;
-            if (app.account_filter != null) {
-                for (pf.lots) |lot| {
-                    if (lot.security_type == .option and matchesAccountFilter(app, lot.account)) {
-                        has_matching = true;
-                        break;
-                    }
+            var option_lots: std.ArrayList(zfin.Lot) = .empty;
+            defer option_lots.deinit(app.allocator);
+            for (pf.lots) |lot| {
+                if (lot.security_type == .option and matchesAccountFilter(app, lot.account)) {
+                    option_lots.append(app.allocator, lot) catch continue;
                 }
-            } else {
-                has_matching = true;
             }
-            if (has_matching) {
+            if (option_lots.items.len > 0) {
                 app.portfolio_rows.append(app.allocator, .{
                     .kind = .section_header,
                     .symbol = "Options",
                 }) catch {};
-                for (pf.lots) |lot| {
-                    if (lot.security_type == .option and matchesAccountFilter(app, lot.account)) {
-                        app.portfolio_rows.append(app.allocator, .{
-                            .kind = .option_row,
-                            .symbol = lot.symbol,
-                            .lot = lot,
-                        }) catch continue;
-                    }
+                std.mem.sort(zfin.Lot, option_lots.items, {}, fmt.lotMaturityThenSymbolSortFn);
+                for (option_lots.items) |lot| {
+                    app.portfolio_rows.append(app.allocator, .{
+                        .kind = .option_row,
+                        .symbol = lot.symbol,
+                        .lot = lot,
+                    }) catch continue;
                 }
             }
         }
@@ -1022,7 +1017,7 @@ pub fn drawContent(app: *App, arena: std.mem.Allocator, buf: []vaxis.Cell, width
                 // Add column headers for each section type
                 if (std.mem.eql(u8, row.symbol, "Options")) {
                     const col_hdr = try std.fmt.allocPrint(arena, "    {s:<30} {s:>6} {s:>12} {s:>14} {s}", .{
-                        "Contract", "Qty", "Cost/Ctrct", "Total Cost", "Account",
+                        "Contract", "Qty", "Cost/Ctrct", "Premium", "Account",
                     });
                     try lines.append(arena, .{ .text = col_hdr, .style = th.mutedStyle() });
                 } else if (std.mem.eql(u8, row.symbol, "Certificates of Deposit")) {
@@ -1034,22 +1029,41 @@ pub fn drawContent(app: *App, arena: std.mem.Allocator, buf: []vaxis.Cell, width
             },
             .option_row => {
                 if (row.lot) |lot| {
-                    // Options: symbol (description), qty (contracts), cost/contract, cost basis, account
+                    // Options: symbol (description), qty (contracts), cost/contract, premium (+/-), account
                     const qty = lot.shares; // negative = short
                     const cost_per = lot.open_price; // per-contract cost
-                    const total_cost = @abs(qty) * cost_per;
+                    const total_premium = @abs(qty) * cost_per * lot.multiplier;
+                    // Short = received premium (+), Long = paid premium (-)
+                    const received = qty < 0;
                     var cost_buf3: [24]u8 = undefined;
-                    var total_buf: [24]u8 = undefined;
+                    var prem_val_buf: [24]u8 = undefined;
+                    const prem_money = fmt.fmtMoneyAbs(&prem_val_buf, total_premium);
+                    var prem_buf: [20]u8 = undefined;
+                    const prem_str = if (received)
+                        std.fmt.bufPrint(&prem_buf, "+{s}", .{prem_money}) catch "?"
+                    else
+                        std.fmt.bufPrint(&prem_buf, "-{s}", .{prem_money}) catch "?";
                     const acct_col2: []const u8 = lot.account orelse "";
+                    // Column layout: 4 + 30 + 1 + 6 + 1 + 12 + 1 = 55 (premium start)
+                    const prem_col_start: usize = 55;
                     const text = try std.fmt.allocPrint(arena, "    {s:<30} {d:>6.0} {s:>12} {s:>14} {s}", .{
                         lot.symbol,
                         qty,
                         fmt.fmtMoneyAbs(&cost_buf3, cost_per),
-                        fmt.fmtMoneyAbs(&total_buf, total_cost),
+                        prem_str,
                         acct_col2,
                     });
-                    const row_style2 = if (is_cursor) th.selectStyle() else th.contentStyle();
-                    try lines.append(arena, .{ .text = text, .style = row_style2 });
+                    const today = fmt.todayDate();
+                    const is_expired = if (lot.maturity_date) |md| md.lessThan(today) else false;
+                    const row_style2 = if (is_cursor) th.selectStyle() else if (is_expired) th.mutedStyle() else th.contentStyle();
+                    const prem_style = if (is_cursor) th.selectStyle() else if (is_expired) th.mutedStyle() else if (received) th.positiveStyle() else th.negativeStyle();
+                    try lines.append(arena, .{
+                        .text = text,
+                        .style = row_style2,
+                        .alt_style = prem_style,
+                        .alt_start = prem_col_start,
+                        .alt_end = prem_col_start + 14,
+                    });
                 }
             },
             .cd_row => {
@@ -1075,7 +1089,9 @@ pub fn drawContent(app: *App, arena: std.mem.Allocator, buf: []vaxis.Cell, width
                         note_display,
                         acct_col3,
                     });
-                    const row_style3 = if (is_cursor) th.selectStyle() else th.contentStyle();
+                    const today = fmt.todayDate();
+                    const is_expired = if (lot.maturity_date) |md| md.lessThan(today) else false;
+                    const row_style3 = if (is_cursor) th.selectStyle() else if (is_expired) th.mutedStyle() else th.contentStyle();
                     try lines.append(arena, .{ .text = text, .style = row_style3 });
                 }
             },