Affirm (AFRM) Options Chain

NASDAQ: AFRMFinanceFinance: Consumer ServicesUSD

80.70+3.55 (+4.60%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $80.70
Put/call ratio (OI): 2.88
Put/call ratio (volume): 3.13
ATM implied volatility: 59.6%
Expected move: ±$31.73
Open interest (C / P): 4.68K / 13.51K

AFRM options summary

The AFRM options chain for the March 19, 2027 expiration lists 30 call and 28 put contracts, with 159 days until expiration. Open interest stands at 4,683 calls and 13,510 puts, a put/call ratio of 2.88, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $80.00 strike is 59.6%, which implies the market expects a move of about ±$31.73 (39.3%) in Affirm stock by expiration.

The most open interest sits at the $90.00 call (782 contracts) and the $55.00 put (3.42K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

AFRM options chain · March 19, 2027

AFRM calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
11	6	86.3%	42.65	47.30	50.45	32.50	0.00	0.49	0.45	71.4%	2	27
79	5	—	38.80	37.45	40.60	35.00	0.07	0.50	0.19	67.8%	1	43
—	—	—	—	—	—	37.50	0.00	0.64	0.33	64.0%	1	138
16	3	84.8%	31.50	41.20	43.35	40.00	0.20	1.14	0.72	68.6%	1	1,808
18	1	75.0%	31.38	37.95	41.10	42.50	0.00	1.37	0.85	63.8%	1	39
47	2	76.9%	36.50	35.65	39.50	45.00	0.67	0.94	0.82	61.2%	2	1,479
21	11	74.1%	24.84	34.25	36.40	47.50	1.01	1.20	1.35	61.2%	450	1,252
46	1	69.6%	27.00	31.35	34.50	50.00	1.19	1.50	1.50	59.5%	22	198
41	10	72.6%	19.98	27.95	31.05	55.00	2.08	2.57	2.30	60.0%	177	3,423
35	1	69.0%	19.55	25.35	29.20	57.50	2.41	3.45	3.74	60.1%	4	51
35	5	66.4%	21.64	23.50	26.90	60.00	2.85	4.10	3.55	59.0%	4	597
61	7	68.1%	27.70	22.50	25.15	62.50	2.93	5.00	4.68	57.2%	2	134
28	1	66.5%	13.95	20.35	23.70	65.00	4.00	5.30	6.06	56.3%	1	218
103	12	64.4%	12.60	18.90	21.45	67.50	4.65	5.95	6.35	54.7%	450	1,298
186	9	63.0%	18.40	17.60	19.40	70.00	6.40	7.10	7.12	57.2%	11	259
212	5	62.3%	13.30	15.95	18.10	72.50	6.40	9.30	9.24	57.2%	1	271
338	3	61.1%	15.00	14.10	16.95	75.00	8.00	10.40	10.91	57.9%	2	786
26	4	62.0%	14.87	13.85	15.20	77.50	8.75	11.45	10.34	56.0%	3	298
355	65	63.7%	13.50	13.25	14.30	80.00	10.95	11.75	11.70	55.4%	2	711
AFRM $80.70
132	2	64.0%	7.30	12.15	13.45	82.50	11.60	14.10	13.10	55.7%	3	122
145	4	63.4%	9.10	10.70	12.75	85.00	13.10	15.35	14.25	54.9%	4	190
594	2	61.7%	10.25	10.20	10.75	87.50	13.95	17.65	21.50	54.8%	7	87
782	33	60.0%	9.30	8.55	10.00	90.00	16.20	18.95	22.48	55.3%	16	25
188	2	63.0%	6.30	8.30	10.00	92.50	18.00	20.80	27.00	55.6%	4	49
288	2	61.4%	7.75	6.90	9.30	95.00	19.80	21.85	21.90	53.8%	1	2
309	136	60.3%	6.66	6.25	7.00	100.00	22.80	26.15	35.32	53.0%	1	2
60	13	60.9%	5.50	5.35	6.00	105.00	31.65	33.25	37.92	73.4%	1	1
62	18	60.5%	4.65	4.40	5.00	110.00	37.80	40.90	42.35	87.7%	1	2
48	5	60.4%	3.85	3.45	4.40	115.00	—	—	—	—	—	—
182	5	59.6%	3.25	2.83	3.50	120.00	—	—	—	—	—	—
235	3	59.5%	2.15	2.28	2.96	125.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the AFRM put/call ratio?

For the March 19, 2027 expiration, the AFRM put/call ratio based on open interest is 2.88 (13,510 puts vs 4,683 calls), and 3.13 based on today's volume. A ratio above 1 means more puts than calls.

What is AFRM's implied volatility?

At-the-money implied volatility for AFRM options expiring March 19, 2027 is about 59.6%, an annualized estimate of how much the market expects Affirm stock to move.

How many AFRM option expiration dates are there?

AFRM has 13 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.