Appian (APPN) Options Chain

NASDAQ: APPNTechnologyComputer Software: Prepackaged SoftwareUSD

40.10+1.44 (+3.72%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $40.10
Put/call ratio (OI): 1.30
Put/call ratio (volume): 0.79
ATM implied volatility: 69.0%
Expected move: ±$9.16
Open interest (C / P): 713 / 929

APPN options summary

The APPN options chain for the November 20, 2026 expiration lists 19 call and 15 put contracts, with 40 days until expiration. Open interest stands at 713 calls and 929 puts, a put/call ratio of 1.30, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $40.00 strike is 69.0%, which implies the market expects a move of about ±$9.16 (22.8%) in Appian stock by expiration.

The most open interest sits at the $25.00 call (131 contracts) and the $22.50 put (666 contracts).

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

APPN options chain · November 20, 2026

APPN 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
17	3	50.0%	27.70	28.70	31.50	10.00	0.00	1.30	0.46	293.9%	—	1
0	2	—	22.33	0.00	0.00	12.50	0.00	0.95	0.23	231.1%	6	88
9	30	266.1%	27.60	23.10	26.50	15.00	0.00	0.00	0.20	50.0%	3	0
0	22	—	17.58	0.00	0.00	17.50	0.00	0.00	0.20	50.0%	1	0
0	1	—	16.70	0.00	0.00	20.00	0.00	0.95	0.33	146.1%	3	45
0	1	—	15.54	0.00	0.00	22.50	0.00	0.95	0.11	125.0%	1	666
131	6	155.4%	13.30	13.40	16.70	25.00	0.00	0.60	0.40	94.7%	2	45
0	30	—	11.37	0.00	0.00	27.50	0.10	0.40	0.27	75.5%	3	8
37	1	73.5%	7.24	9.40	11.80	30.00	0.15	1.15	0.93	79.7%	2	17
49	3	75.9%	7.34	7.40	9.90	32.50	0.35	1.60	1.50	73.7%	1	18
32	5	69.4%	5.00	5.80	7.40	35.00	1.35	2.00	2.11	73.5%	1	11
67	8	68.6%	5.02	4.40	5.60	37.50	2.20	2.95	3.52	72.1%	3	5
54	9	73.0%	3.95	3.70	4.20	40.00	2.85	4.00	4.70	65.0%	1	25
APPN $40.10
24	1	71.9%	2.40	2.45	3.30	42.50	0.00	0.00	8.10	—	—	0
68	10	67.2%	2.07	1.60	2.10	45.00	—	—	—	—	—	—
109	9	65.9%	1.35	1.05	1.40	47.50	0.00	0.00	14.40	—	117	0
64	1	68.0%	0.77	0.55	1.25	50.00	—	—	—	—	—	—
31	37	64.5%	0.40	0.10	0.55	55.00	—	—	—	—	—	—
21	4	76.0%	0.25	0.05	0.55	60.00	—	—	—	—	—	—

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 APPN put/call ratio?

For the November 20, 2026 expiration, the APPN put/call ratio based on open interest is 1.30 (929 puts vs 713 calls), and 0.79 based on today's volume. A ratio above 1 means more puts than calls.

What is APPN's implied volatility?

At-the-money implied volatility for APPN options expiring November 20, 2026 is about 69.0%, an annualized estimate of how much the market expects Appian stock to move.

How many APPN option expiration dates are there?

APPN has 7 listed expiration dates, from Oct 16, 2026 to Dec 15, 2028.

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.