Applovin (APP) Options Chain

NASDAQ: APPTechnologyComputer Software: Programming Data ProcessingUSD

277.04-3.08 (-1.10%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 97
Share price: $277.04
Put/call ratio (OI): 0.85
Put/call ratio (volume): 1.06
ATM implied volatility: 63.5%
Expected move: ±$90.72
Open interest (C / P): 36.62K / 31.03K

APP options summary

The APP options chain for the January 15, 2027 expiration lists 119 call and 117 put contracts, with 97 days until expiration. Open interest stands at 36,615 calls and 31,027 puts, a put/call ratio of 0.85, which is fairly balanced between calls and puts. At-the-money implied volatility near the $280.00 strike is 63.5%, which implies the market expects a move of about ±$90.72 (32.7%) in Applovin stock by expiration.

The most open interest sits at the $400.00 call (2.66K contracts) and the $250.00 put (2.12K contracts).

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

APP options chain · January 15, 2027

APP 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
66	2	144.5%	250.00	205.00	221.00	65.00	0.00	0.20	0.10	107.0%	20	429
0	1	—	311.50	0.00	0.00	70.00	0.05	0.35	0.10	110.0%	2	31
4	1	—	502.62	492.00	512.00	75.00	0.00	4.40	0.37	152.5%	9	230
28	5	—	541.00	530.00	550.00	80.00	0.00	0.70	0.55	107.0%	10	407
0	1	—	289.92	0.00	0.00	85.00	0.00	2.50	0.30	124.4%	6	148
9	2	—	598.70	454.40	468.10	90.00	0.00	4.30	0.18	131.8%	10	103
6	2	—	355.20	572.00	591.50	95.00	0.00	1.45	0.55	103.5%	1	137
45	1	111.5%	178.50	170.50	186.50	100.00	0.00	0.60	0.60	86.9%	60	1,221
25	1	—	532.72	452.00	472.00	105.00	0.05	0.75	0.40	86.4%	1	157
9	2	—	385.00	594.00	612.00	110.00	0.00	1.50	0.55	90.8%	20	664
6	1	—	531.08	538.00	556.00	115.00	0.00	0.00	0.55	25.0%	1	0
0	2	—	409.36	0.00	0.00	120.00	0.00	1.50	0.47	82.9%	1	669
0	5	—	191.45	0.00	0.00	125.00	0.00	1.60	0.86	80.1%	20	1,280
13	4	—	326.40	540.00	557.40	130.00	0.00	1.20	0.01	73.0%	2	351
0	1	—	257.45	0.00	0.00	135.00	0.00	1.60	0.70	73.0%	2	677
102	2	89.2%	180.61	131.90	147.70	140.00	0.15	1.00	0.68	66.1%	3	170
0	1	—	180.80	0.00	0.00	145.00	0.30	1.80	1.40	69.8%	1	281
46	7	86.1%	139.00	125.50	135.50	150.00	0.30	1.60	1.29	65.4%	2	478
60	1	—	308.50	344.20	360.00	155.00	0.00	2.10	1.96	63.5%	1	137
9	1	81.3%	128.38	113.20	128.80	160.00	0.80	2.65	2.00	66.8%	2	411
22	5	—	299.00	331.00	346.10	165.00	1.55	2.70	3.03	66.5%	1	93
182	2	75.8%	117.97	106.70	116.00	170.00	2.15	3.30	2.65	67.2%	1	85
80	3	78.7%	141.39	103.70	111.90	175.00	2.00	3.50	3.00	64.1%	1	106
140	1	78.3%	135.10	99.60	107.70	180.00	2.95	4.80	3.42	66.7%	34	139
170	3	76.6%	97.71	94.20	104.20	185.00	3.50	4.60	3.95	64.1%	2	519
280	1	79.2%	94.75	92.30	99.80	190.00	4.10	6.10	4.85	65.2%	3	209
12	3	78.4%	91.75	88.40	95.70	195.00	5.10	6.30	5.50	64.1%	1	387
189	1	75.6%	85.50	83.20	91.60	200.00	5.00	8.10	6.40	63.6%	21	1,293
93	1	73.4%	92.70	76.10	82.70	210.00	8.10	9.20	8.60	63.1%	7	448
55	1	68.0%	72.95	68.50	72.20	220.00	10.30	13.60	11.10	64.6%	17	558
52	1	70.8%	63.00	60.70	69.30	230.00	13.60	14.50	13.80	62.0%	7	820
171	3	70.4%	56.95	54.70	62.80	240.00	15.30	18.10	17.50	60.0%	19	1,379
90	4	65.3%	51.50	46.30	54.80	250.00	19.80	22.80	21.00	61.0%	20	2,119
47	2	66.7%	47.80	41.20	50.80	260.00	25.10	28.20	25.85	62.5%	2	626
167	9	69.4%	40.50	39.20	46.10	270.00	28.40	34.60	30.42	62.0%	3	598
APP $277.04
434	12	66.7%	36.09	35.00	38.50	280.00	34.40	37.80	36.00	60.4%	12	1,011
323	12	67.2%	31.50	30.80	35.30	290.00	40.00	44.20	41.50	60.4%	1	723
860	83	64.8%	27.70	27.00	29.10	300.00	46.90	51.30	48.14	61.5%	8	1,549
625	2	62.8%	24.95	20.80	26.50	310.00	51.80	60.10	54.30	61.6%	2	1,053
448	6	63.9%	21.44	19.00	23.80	320.00	56.80	65.10	60.38	57.7%	7	614
640	14	65.9%	19.46	18.50	21.30	330.00	63.90	73.90	67.29	58.5%	1	370
405	10	65.2%	16.60	16.40	18.00	340.00	71.80	80.20	76.70	57.1%	25	381
857	13	65.7%	14.20	14.00	16.70	350.00	79.90	89.70	89.10	58.5%	1	972
423	41	66.0%	13.20	12.50	14.80	360.00	88.20	97.80	93.22	58.2%	1	826
537	2	65.7%	12.20	10.70	13.10	370.00	95.50	105.40	106.00	55.4%	1	241
733	28	64.9%	9.80	7.50	12.70	380.00	102.10	116.50	108.70	55.4%	7	496
172	2	65.3%	9.80	8.20	9.80	390.00	113.30	126.20	120.00	59.6%	1	542
2,663	149	65.8%	7.80	7.30	8.80	400.00	122.30	132.80	129.56	55.7%	1	1,401
258	101	68.1%	6.75	6.00	9.80	410.00	130.60	139.80	143.00	65.2%	2	282
878	5	65.8%	6.00	5.40	7.00	420.00	143.90	148.50	152.75	55.6%	3	190
257	3	67.8%	6.00	4.70	7.40	430.00	150.00	163.40	160.75	59.9%	2	226
189	2	63.6%	4.60	3.10	5.20	440.00	159.50	170.00	160.84	53.0%	1	155
514	9	68.0%	4.46	4.00	5.50	450.00	169.10	179.50	177.13	52.0%	1	386
274	2	66.3%	3.94	3.40	4.10	460.00	178.70	189.10	179.89	50.7%	40	157
224	15	66.2%	3.50	1.85	4.70	470.00	188.80	197.90	192.00	72.9%	1	373
228	1	66.8%	3.12	1.85	4.10	480.00	198.50	206.20	204.19	68.0%	1	114
258	3	67.2%	3.10	2.30	3.10	490.00	205.50	221.20	210.65	87.7%	1	184
2,333	142	67.1%	2.35	2.15	2.55	500.00	217.70	228.20	223.70	79.9%	1	760
229	1	67.3%	2.22	1.25	2.95	510.00	225.70	240.90	189.60	51.0%	3	150
119	1	68.3%	2.04	1.30	2.70	520.00	235.10	249.90	207.10	89.5%	1	106
116	3	70.5%	1.88	0.90	3.30	530.00	248.70	257.80	251.20	52.7%	1	147
148	7	69.0%	1.59	0.75	2.55	540.00	254.90	271.30	268.40	97.6%	32	12
2,512	94	71.0%	1.45	1.00	2.45	550.00	264.80	280.70	267.70	97.5%	134	87
270	11	69.3%	1.25	0.50	2.15	560.00	274.80	291.10	287.15	100.5%	40	0
145	12	71.6%	1.21	0.85	2.00	570.00	284.80	299.60	295.80	97.1%	40	0
140	3	70.5%	1.10	0.45	1.85	580.00	296.60	308.40	290.60	94.3%	32	1
403	1	72.7%	0.91	0.80	1.70	590.00	305.10	321.30	309.63	58.7%	18	0
2,633	46	70.4%	0.90	0.85	0.95	600.00	314.80	330.80	313.90	105.9%	32	0
206	1	74.2%	0.89	0.60	1.70	610.00	324.70	340.70	299.60	107.1%	2	0
220	39	78.2%	0.90	0.00	2.90	620.00	335.00	351.10	315.30	56.5%	3	0
400	1	75.6%	0.72	0.00	2.10	630.00	0.00	0.00	319.28	—	1	0
431	2	74.1%	0.82	0.00	1.65	640.00	354.80	371.20	353.50	55.1%	61	0
1,243	21	70.4%	0.65	0.20	0.80	650.00	0.00	0.00	330.30	—	3	0
96	2	78.2%	0.72	0.00	1.95	660.00	352.80	368.10	197.50	—	1	5
66	20	76.7%	1.62	0.00	1.55	670.00	362.80	378.90	207.90	—	2	0
134	5	77.0%	1.65	0.00	1.45	680.00	395.00	411.10	393.70	62.1%	40	1
209	10	75.3%	0.55	0.25	0.85	690.00	405.20	421.10	409.81	67.3%	1	1
1,433	2	84.8%	0.62	0.10	2.30	700.00	414.70	431.10	419.78	120.8%	1	1
94	4	82.1%	0.55	0.00	1.75	710.00	0.00	0.00	408.30	—	28	0
204	1	81.7%	0.38	0.00	1.55	720.00	413.20	426.90	233.60	—	2	0
118	1	81.6%	0.40	0.00	1.40	730.00	423.20	436.90	237.30	—	2	0
187	2	83.3%	1.05	0.00	1.50	740.00	455.00	471.10	458.05	67.2%	3	0
394	2	83.8%	1.00	0.00	1.45	750.00	465.00	481.10	468.09	68.0%	3	0
187	2	85.1%	0.93	0.00	1.50	760.00	453.20	466.90	272.00	—	3	0
205	7	85.2%	0.90	0.00	1.40	770.00	250.00	260.60	321.80	—	2	5
392	1	86.1%	0.89	0.00	1.40	780.00	495.00	511.10	479.52	70.3%	1	0
78	10	85.3%	1.15	0.00	1.20	790.00	505.00	521.10	507.93	71.1%	1	0
699	1	85.6%	0.20	0.00	1.15	800.00	515.00	531.10	488.29	71.9%	2	0
91	2	86.5%	0.85	0.00	1.15	810.00	524.80	541.10	527.97	60.2%	1	0
82	1	89.0%	0.90	0.00	1.35	820.00	372.00	386.10	296.10	—	2	14
100	4	90.2%	1.00	0.00	1.40	830.00	545.00	561.10	547.75	74.0%	1	5
78	12	91.0%	0.90	0.00	1.40	840.00	555.00	571.10	557.79	74.7%	1	0
106	1	85.9%	0.01	0.00	0.80	850.00	542.80	558.00	336.10	—	10	0
165	1	91.8%	0.75	0.00	1.30	860.00	410.40	423.60	333.30	—	2	2
125	1	94.2%	0.80	0.00	1.50	870.00	0.00	0.00	351.70	—	2	0
167	1	95.0%	0.70	0.00	1.50	880.00	594.70	610.50	600.30	138.1%	15	10
70	30	97.2%	0.96	0.00	1.70	890.00	605.00	621.10	578.67	78.1%	1	0
635	2	91.8%	0.40	0.00	1.00	900.00	0.00	0.00	556.40	—	15	0
197	30	96.8%	0.81	0.00	1.45	910.00	0.00	0.00	441.30	—	—	0
203	10	100.9%	11.35	0.00	1.90	920.00	0.00	0.00	578.90	—	30	0
214	1	100.2%	24.10	0.00	1.70	930.00	475.70	487.60	389.10	—	2	1
71	1	100.5%	0.42	0.00	1.65	940.00	0.00	0.00	377.40	—	2	0
106	3	101.2%	0.75	0.00	1.65	950.00	665.00	681.10	670.16	82.0%	1	2
188	2	108.7%	0.20	0.00	2.70	960.00	675.00	691.10	680.12	82.6%	1	1
66	1	110.8%	11.95	0.00	2.95	970.00	685.00	701.10	670.09	83.2%	1	0
127	20	117.8%	0.35	0.00	4.30	980.00	528.70	545.30	412.30	—	4	4
233	20	113.0%	1.19	0.00	3.10	990.00	0.00	0.00	511.90	—	—	0
999	1	117.5%	0.15	0.00	3.90	1,000.00	715.00	731.10	670.68	85.0%	2	0
183	20	119.9%	1.06	0.00	4.30	1,010.00	725.10	741.10	684.19	88.5%	1	0
196	1	117.5%	0.80	0.00	3.60	1,020.00	0.00	0.00	447.30	—	2	0
87	1	104.3%	15.07	0.00	1.40	1,030.00	577.50	590.20	432.70	—	—	1
52	2	109.7%	16.40	0.00	2.00	1,040.00	—	—	—	—	—	—
76	2	104.2%	4.50	0.00	1.25	1,050.00	—	—	—	—	—	—
39	1	116.8%	0.55	0.00	2.95	1,060.00	468.00	484.00	535.45	—	1	2
182	41	108.5%	4.10	0.00	1.60	1,070.00	0.00	0.00	587.20	—	—	0
60	1	122.8%	0.50	0.00	3.90	1,080.00	0.00	0.00	596.20	—	1	0
154	1	120.1%	0.45	0.00	3.20	1,090.00	804.80	821.10	808.95	78.1%	15	0
484	1	118.5%	0.35	0.00	2.80	1,100.00	814.80	830.60	787.65	156.4%	1	3
657	1	99.4%	0.05	0.00	0.60	1,110.00	827.30	841.10	833.80	117.6%	300	100

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 APP put/call ratio?

For the January 15, 2027 expiration, the APP put/call ratio based on open interest is 0.85 (31,027 puts vs 36,615 calls), and 1.06 based on today's volume. A ratio above 1 means more puts than calls.

What is APP's implied volatility?

At-the-money implied volatility for APP options expiring January 15, 2027 is about 63.5%, an annualized estimate of how much the market expects Applovin stock to move.

How many APP option expiration dates are there?

APP has 18 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.