Applied Digital (APLD) Options Chain

NASDAQ: APLDTechnologyEDP ServicesUSD

23.68-0.17 (-0.71%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $23.68
Put/call ratio (OI): 0.27
Put/call ratio (volume): 0.66
ATM implied volatility: 81.4%
Expected move: ±$21.83
Open interest (C / P): 125.89K / 33.80K

APLD options summary

The APLD options chain for the January 21, 2028 expiration lists 28 call and 27 put contracts, with 468 days until expiration. Open interest stands at 125,888 calls and 33,800 puts, a put/call ratio of 0.27, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $25.00 strike is 81.4%, which implies the market expects a move of about ±$21.83 (92.2%) in Applied Digital stock by expiration.

The most open interest sits at the $8.00 call (65.69K contracts) and the $25.00 put (6.16K contracts).

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

APLD options chain · January 21, 2028

APLD 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
142	4	—	22.27	20.80	23.85	1.00	0.00	0.09	0.13	136.7%	—	1
64	5	110.9%	22.58	19.50	24.00	2.00	—	—	—	—	—	—
32	1	122.3%	25.96	18.50	23.45	3.00	0.00	0.31	0.09	106.1%	100	8
56	1	106.3%	22.23	18.00	22.00	4.00	0.07	1.00	0.16	121.9%	2	45
85	1	148.5%	19.90	17.00	20.10	5.00	0.06	0.41	0.21	86.5%	3	194
65,685	2	89.8%	16.90	16.10	17.15	8.00	0.47	0.95	0.70	81.9%	3	257
6,097	23	94.8%	15.28	15.25	15.75	10.00	1.15	1.28	1.23	80.5%	35	1,147
327	21	89.5%	13.45	13.15	13.90	13.00	2.00	2.38	2.20	78.2%	6	795
1,441	17	90.7%	12.55	12.30	12.90	15.00	3.00	3.10	3.10	77.9%	11	4,397
734	11	88.0%	11.45	11.20	11.80	17.00	3.85	4.35	4.05	78.6%	6	2,597
2,795	86	89.8%	10.30	10.40	10.50	20.00	5.45	5.90	5.58	77.2%	51	1,540
1,304	44	87.6%	9.59	9.30	9.80	22.00	6.65	6.95	6.76	76.0%	3	1,432
APLD $23.68
2,368	85	87.5%	8.65	8.35	8.85	25.00	8.45	9.00	8.65	75.4%	25	6,156
785	9	88.0%	7.90	7.60	8.60	27.00	9.75	10.40	10.04	74.8%	4	2,055
4,972	558	86.5%	7.24	7.00	7.40	30.00	11.90	12.35	12.30	73.2%	6	4,045
644	40	86.7%	6.80	6.60	6.95	32.00	13.35	13.90	13.67	72.9%	1	3,041
2,759	5	85.5%	6.05	5.85	6.25	35.00	15.60	16.15	15.95	71.5%	51	1,695
975	11	85.1%	5.56	5.30	6.00	37.00	17.15	17.80	17.05	71.1%	760	1,012
7,895	52	85.7%	5.15	5.05	5.40	40.00	19.60	20.15	19.90	69.9%	10	635
2,534	15	83.3%	4.85	4.15	5.20	42.00	21.35	22.50	21.13	73.1%	2	749
2,150	52	84.7%	4.55	4.05	4.80	45.00	23.55	24.80	24.22	69.3%	11	416
699	6	85.5%	4.23	4.05	4.50	47.00	24.75	25.80	24.90	61.9%	5	456
7,109	432	85.8%	4.05	3.75	4.20	50.00	28.15	29.00	27.69	68.3%	1	60
2,248	59	85.6%	3.48	3.30	3.65	55.00	30.90	32.90	34.80	64.8%	20	369
2,897	10	85.2%	3.00	2.80	3.25	60.00	36.95	37.95	38.50	62.5%	1	344
581	3	86.7%	2.70	2.40	3.25	65.00	41.90	42.75	42.46	64.0%	1	51
1,405	18	85.0%	2.60	2.10	2.65	70.00	0.00	0.00	43.25	—	1	0
7,105	138	86.3%	2.24	2.16	2.31	75.00	51.30	52.50	52.20	61.8%	1	303

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 APLD put/call ratio?

For the January 21, 2028 expiration, the APLD put/call ratio based on open interest is 0.27 (33,800 puts vs 125,888 calls), and 0.66 based on today's volume. A ratio above 1 means more puts than calls.

What is APLD's implied volatility?

At-the-money implied volatility for APLD options expiring January 21, 2028 is about 81.4%, an annualized estimate of how much the market expects Applied Digital stock to move.

How many APLD option expiration dates are there?

APLD has 11 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.