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: May 21, 2027
Days to expiration: 223
Share price: $80.70
Put/call ratio (OI): 2.32
Put/call ratio (volume): 8.77
ATM implied volatility: 60.0%
Expected move: ±$37.87
Open interest (C / P): 334 / 774

AFRM options summary

The AFRM options chain for the May 21, 2027 expiration lists 15 call and 14 put contracts, with 223 days until expiration. Open interest stands at 334 calls and 774 puts, a put/call ratio of 2.32, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $80.00 strike is 60.0%, which implies the market expects a move of about ±$37.87 (46.9%) in Affirm stock by expiration.

The most open interest sits at the $80.00 call (211 contracts) and the $80.00 put (200 contracts).

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

AFRM options chain · May 21, 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
—	—	—	—	—	—	35.00	0.10	1.01	1.37	64.9%	—	1
—	—	—	—	—	—	40.00	—	—	1.28	—	—	—
—	—	—	—	—	—	42.50	0.85	1.63	2.11	62.3%	—	100
—	—	—	—	—	—	45.00	1.30	1.81	1.60	61.5%	80	102
—	—	—	—	—	—	47.50	—	—	2.62	—	—	—
2	1	73.1%	28.69	32.75	36.65	50.00	1.88	2.90	2.16	60.3%	266	92
7	1	70.5%	21.13	29.00	32.80	55.00	3.05	4.40	5.32	60.9%	—	100
11	10	68.6%	23.15	25.45	29.35	60.00	3.65	6.05	6.10	58.1%	2	8
—	—	—	—	—	—	62.50	5.10	6.40	8.86	58.3%	64	135
—	—	—	18.24	—	—	65.00	5.60	7.55	7.88	57.5%	1	24
—	—	—	—	—	—	67.50	6.65	8.50	8.50	57.4%	1	1
22	1	66.8%	17.10	20.10	22.80	70.00	7.10	9.80	8.36	56.2%	269	4
14	4	65.8%	14.45	18.95	21.05	72.50	8.50	10.75	14.25	56.2%	—	7
4	1	63.8%	13.70	16.75	20.00	75.00	—	—	—	—	—	—
—	—	—	13.94	—	—	77.50	—	—	—	—	—	—
211	1	63.6%	13.88	15.20	17.15	80.00	12.25	15.15	16.33	56.4%	1	200
AFRM $80.70
8	50	61.8%	13.53	12.30	15.25	85.00	—	—	—	—	—	—
1	2	62.4%	7.80	11.45	13.00	90.00	—	—	—	—	—	—
1	—	62.4%	7.54	9.40	12.05	95.00	—	—	—	—	—	—
22	5	63.4%	7.15	8.70	10.60	100.00	—	—	—	—	—	—
18	1	63.3%	7.87	7.50	9.45	105.00	—	—	—	—	—	—
13	1	62.3%	5.00	5.75	8.65	110.00	—	—	—	—	—	—

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 May 21, 2027 expiration, the AFRM put/call ratio based on open interest is 2.32 (774 puts vs 334 calls), and 8.77 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 May 21, 2027 is about 60.0%, 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.