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 21, 2028
Days to expiration: 469
Share price: $277.04
Put/call ratio (OI): 0.72
Put/call ratio (volume): 1.17
ATM implied volatility: 64.6%
Expected move: ±$202.76
Open interest (C / P): 13.49K / 9.75K

APP options summary

The APP options chain for the January 21, 2028 expiration lists 100 call and 98 put contracts, with 469 days until expiration. Open interest stands at 13,487 calls and 9,750 puts, a put/call ratio of 0.72, which is fairly balanced between calls and puts. At-the-money implied volatility near the $280.00 strike is 64.6%, which implies the market expects a move of about ±$202.76 (73.2%) in Applovin stock by expiration.

The most open interest sits at the $1,110.00 call (1.49K contracts) and the $165.00 put (1.01K contracts).

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

APP options chain · January 21, 2028

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
—	—	—	—	—	—	145.00	—	—	15.10	—	—	—
—	—	—	—	—	—	150.00	—	—	16.10	—	—	—
262	1	84.2%	150.00	146.00	160.00	155.00	11.50	27.70	17.23	67.5%	1	75
—	—	—	—	—	—	160.00	18.60	19.60	19.10	64.1%	2	39
95	1	78.8%	150.46	139.70	147.50	165.00	19.00	22.30	20.33	63.7%	1	1,008
20	4	79.3%	142.99	132.50	150.00	170.00	21.90	22.70	22.60	63.5%	2	154
24	1	82.2%	165.00	133.80	148.00	175.00	22.40	27.50	24.94	64.5%	22	512
21	2	77.7%	136.60	125.40	144.00	180.00	22.20	29.50	25.78	63.0%	2	103
24	1	76.3%	130.00	122.00	140.00	185.00	27.10	28.40	27.80	62.9%	1	114
8	2	77.0%	165.10	120.00	138.00	190.00	20.00	40.00	29.68	63.0%	1	161
4	1	73.7%	157.70	116.00	131.30	195.00	30.90	32.20	34.68	62.3%	1	39
149	3	75.2%	122.47	116.50	128.50	200.00	30.20	36.70	33.62	61.9%	1	321
32	10	78.6%	123.85	114.60	127.50	210.00	37.00	38.50	37.95	61.5%	5	148
16	1	76.3%	119.65	110.70	118.10	220.00	41.30	43.00	41.81	60.9%	2	409
11	1	74.6%	106.82	105.40	111.60	230.00	46.10	48.00	46.94	60.7%	1	253
55	1	71.2%	105.80	94.00	107.60	240.00	49.90	54.30	51.77	60.3%	12	222
245	4	72.1%	99.00	93.50	102.00	250.00	53.30	58.20	57.00	58.5%	1	263
50	5	73.2%	94.24	89.50	100.80	260.00	61.30	63.60	63.67	59.3%	1	136
743	6	71.9%	91.00	87.70	92.50	270.00	67.10	69.40	68.55	59.1%	1	520
APP $277.04
96	5	72.1%	86.20	78.10	95.60	280.00	68.90	75.30	73.16	57.1%	1	331
64	1	73.3%	83.08	81.30	88.70	290.00	75.50	81.30	78.98	57.0%	1	271
405	25	74.2%	78.80	78.80	87.00	300.00	81.20	91.70	85.00	58.1%	2	435
70	1	71.4%	76.96	68.00	85.20	310.00	87.70	94.10	92.70	56.2%	25	308
251	1	69.6%	79.97	64.00	79.00	320.00	98.00	104.60	99.40	58.9%	1	266
230	5	70.3%	69.50	64.70	74.70	330.00	104.90	107.70	105.50	57.2%	1	225
97	2	71.1%	68.53	65.60	70.40	340.00	105.50	122.00	115.40	57.3%	1	174
140	2	70.3%	64.60	61.10	68.00	350.00	117.30	121.60	122.00	55.9%	1	391
59	1	71.7%	64.85	60.10	67.70	360.00	125.80	129.10	130.15	56.2%	7	142
72	2	68.8%	63.50	50.00	65.90	370.00	133.10	135.90	126.40	55.7%	1	67
106	2	72.1%	57.00	55.80	64.00	380.00	134.50	151.90	140.20	56.4%	1	128
78	1	71.6%	55.25	53.40	61.10	390.00	144.30	151.30	130.00	53.6%	4	60
486	3	68.6%	52.80	46.20	56.80	400.00	151.70	159.30	158.85	53.2%	1	144
40	3	71.5%	58.00	49.60	56.90	410.00	159.30	171.10	169.90	54.5%	50	176
68	2	68.3%	52.61	40.00	54.90	420.00	162.00	179.50	150.20	52.1%	4	80
61	4	71.0%	50.13	43.10	55.00	430.00	172.00	190.00	174.70	53.6%	1	78
42	1	71.3%	51.60	43.80	51.60	440.00	180.00	198.00	165.90	53.2%	4	212
147	1	67.2%	44.00	35.40	46.60	450.00	190.90	205.10	202.82	53.5%	1	122
65	14	72.6%	44.00	40.20	52.00	460.00	200.50	210.10	210.94	52.2%	1	523
96	76	69.2%	42.24	34.10	46.80	470.00	204.00	224.00	214.06	52.2%	75	79
116	9	68.1%	43.00	30.00	45.50	480.00	0.00	0.00	197.95	—	1	0
96	38	69.9%	42.50	33.60	43.60	490.00	222.00	236.70	219.58	56.9%	2	128
616	7	69.7%	36.80	32.00	42.00	500.00	236.30	245.40	240.00	52.2%	2	105
53	22	71.1%	37.00	34.00	40.90	510.00	0.00	0.00	236.80	—	32	0
113	10	69.4%	38.50	32.80	35.70	520.00	251.30	262.90	230.55	50.1%	1	48
49	1	69.5%	37.90	28.20	38.20	530.00	256.00	276.00	234.00	60.2%	1	24
49	14	67.1%	33.00	22.00	37.00	540.00	0.00	0.00	257.20	—	2	0
114	2	70.9%	31.17	30.00	35.40	550.00	278.20	287.20	285.00	52.9%	3	27
73	3	70.9%	30.90	28.70	34.70	560.00	289.50	296.00	299.80	52.4%	2	46
172	1	69.2%	40.00	23.80	33.80	570.00	0.00	0.00	285.93	—	1	0
62	20	67.1%	28.10	18.00	33.20	580.00	0.00	0.00	194.69	—	1	0
27	1	69.9%	40.05	18.00	37.50	590.00	0.00	0.00	189.05	—	2	0
233	4	70.8%	26.46	25.10	30.50	600.00	320.00	335.30	318.20	54.6%	3	124
134	7	70.5%	29.21	22.80	30.40	610.00	0.00	0.00	217.00	—	20	0
168	1	66.4%	24.90	14.00	29.40	620.00	310.00	328.00	277.10	—	1	13
346	1	68.6%	24.60	21.10	25.20	630.00	350.20	368.00	329.84	60.0%	1	48
73	6	66.7%	23.43	14.00	27.00	640.00	344.00	362.00	263.10	—	6	25
283	6	65.5%	22.68	12.00	25.60	650.00	0.00	0.00	344.22	—	2	0
85	10	69.3%	25.70	20.90	22.60	660.00	362.00	380.00	304.00	—	2	48
50	1	71.2%	21.05	17.90	27.90	670.00	370.00	390.00	299.80	—	2	8
39	2	65.6%	20.45	10.00	24.10	680.00	298.00	316.00	291.50	—	2	16
19	1	69.4%	23.50	19.20	20.60	690.00	0.00	0.00	270.40	—	2	0
496	1	68.6%	19.30	17.10	20.10	700.00	416.00	434.00	430.63	59.6%	15	81
121	10	68.9%	19.48	13.70	22.80	710.00	0.00	0.00	407.20	—	100	0
76	1	70.8%	25.79	16.50	22.30	720.00	418.00	436.00	299.90	—	2	16
58	2	68.1%	22.38	12.00	21.00	730.00	414.20	426.10	355.80	—	14	14
124	20	67.3%	17.32	8.00	22.70	740.00	436.00	456.00	311.70	—	2	7
61	1	69.5%	16.80	12.90	20.60	750.00	0.00	0.00	446.00	—	1	0
20	2	72.5%	26.99	11.70	26.00	760.00	474.00	492.00	453.74	60.0%	2	107
31	1	65.2%	30.30	6.00	18.80	770.00	466.00	484.00	347.80	—	2	22
304	1	69.7%	16.15	14.90	16.10	780.00	381.30	396.00	330.30	—	2	9
59	2	69.8%	29.70	11.60	18.80	790.00	0.00	0.00	329.60	—	22	0
259	5	63.9%	17.56	4.60	16.10	800.00	514.00	534.00	489.00	65.0%	30	42
9	5	65.2%	16.65	4.30	17.50	810.00	504.00	522.00	383.70	—	2	14
23	4	66.8%	25.40	4.00	19.40	820.00	514.00	532.00	387.40	—	8	22
44	1	67.1%	23.10	4.00	19.10	830.00	394.00	411.30	425.40	—	—	7
102	1	67.3%	22.87	4.00	18.80	840.00	532.00	552.00	384.60	—	2	24
58	1	80.0%	61.44	16.80	26.00	850.00	542.00	562.00	402.10	—	1	7
34	2	66.8%	13.36	2.60	18.10	860.00	552.00	572.00	481.00	—	2	2
0	1	25.0%	28.74	0.00	0.00	870.00	0.00	0.00	395.70	—	20	0
188	1	67.9%	13.00	6.00	15.00	880.00	470.00	483.60	370.00	—	2	5
242	8	70.1%	16.40	8.70	14.80	890.00	382.00	394.00	402.80	—	2	1
183	1	73.5%	11.66	10.80	17.00	900.00	614.00	632.00	587.56	66.7%	21	4
0	1	25.0%	20.14	0.00	0.00	910.00	602.00	620.00	497.03	—	12	7
27	1	67.6%	12.28	2.00	16.40	920.00	0.00	0.00	432.90	—	1	0
15	2	66.7%	19.90	0.70	16.20	930.00	0.00	0.00	443.50	—	20	0
92	2	66.5%	11.26	0.10	16.00	940.00	632.00	650.00	479.60	—	6	0
16	2	66.7%	20.57	0.25	15.70	950.00	546.80	562.00	479.00	—	2	2
45	3	72.3%	10.32	7.10	15.40	960.00	—	—	—	—	—	—
73	1	71.5%	10.00	9.20	11.60	970.00	0.00	0.00	477.60	—	—	0
164	7	67.2%	17.52	0.05	15.20	980.00	672.00	692.00	526.70	—	2	0
14	2	72.8%	22.00	8.90	12.70	990.00	0.00	0.00	478.10	—	—	0
767	1	70.7%	9.80	8.60	9.80	1,000.00	692.00	712.00	520.00	—	2	0
188	1	70.9%	16.20	8.50	9.70	1,010.00	471.50	484.00	451.70	—	2	2
46	1	66.7%	16.00	3.80	9.30	1,020.00	586.00	604.00	550.90	—	—	1
0	10	25.0%	29.70	0.00	0.00	1,030.00	—	—	—	—	—	—
179	56	71.0%	14.85	7.50	9.60	1,040.00	—	—	—	—	—	—
63	2	73.8%	10.20	0.05	20.00	1,050.00	—	—	—	—	—	—
0	2	25.0%	25.30	0.00	0.00	1,060.00	0.00	0.00	547.20	—	2	0
14	1	72.3%	10.80	3.00	14.30	1,070.00	—	—	—	—	—	—
71	4	72.4%	14.40	2.85	14.20	1,080.00	564.00	582.00	633.90	—	5	5
0	1	25.0%	13.50	0.00	0.00	1,090.00	0.00	0.00	575.50	—	—	0
331	2	72.6%	8.49	7.00	9.60	1,100.00	0.00	0.00	766.17	—	1	0
1,488	19	71.4%	7.85	7.00	7.90	1,110.00	824.00	844.00	794.00	53.3%	10	0

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 21, 2028 expiration, the APP put/call ratio based on open interest is 0.72 (9,750 puts vs 13,487 calls), and 1.17 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 21, 2028 is about 64.6%, 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.