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: Feb 19, 2027
Days to expiration: 131
Share price: $40.10
Put/call ratio (OI): 0.08
Put/call ratio (volume): 0.03
ATM implied volatility: 65.5%
Expected move: ±$15.72
Open interest (C / P): 266 / 22

APPN options summary

The APPN options chain for the February 19, 2027 expiration lists 14 call and 6 put contracts, with 131 days until expiration. Open interest stands at 266 calls and 22 puts, a put/call ratio of 0.08, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 65.5%, which implies the market expects a move of about ±$15.72 (39.2%) in Appian stock by expiration.

The most open interest sits at the $45.00 call (121 contracts) and the $32.50 put (11 contracts).

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

APPN options chain · February 19, 2027

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
—	—	—	—	—	—	12.50	0.00	0.00	0.20	50.0%	—	0
—	—	—	—	—	—	20.00	2.30	4.50	4.00	157.7%	1	1
0	1	—	14.46	0.00	0.00	22.50	0.35	1.70	4.46	86.5%	—	1
0	52	—	12.72	0.00	0.00	25.00	—	—	—	—	—	—
5	1	75.7%	13.89	12.80	15.80	27.50	—	—	—	—	—	—
67	2	73.1%	13.30	11.00	13.80	30.00	1.05	2.70	3.10	66.5%	2	8
0	—	—	8.10	0.00	0.00	32.50	2.10	3.30	3.74	66.3%	1	11
9	5	63.6%	8.05	7.60	9.60	35.00	3.00	3.90	3.50	63.0%	1	1
11	10	65.5%	7.60	6.30	8.60	37.50	—	—	—	—	—	—
17	3	65.5%	5.00	5.00	7.60	40.00	—	—	—	—	—	—
APPN $40.10
29	1	65.8%	3.46	4.30	6.40	42.50	—	—	—	—	—	—
121	120	64.8%	4.00	3.30	5.50	45.00	—	—	—	—	—	—
4	—	64.4%	5.50	2.50	4.80	47.50	—	—	—	—	—	—
0	—	6.3%	3.12	0.00	0.00	50.00	—	—	—	—	—	—
1	—	62.8%	3.05	1.20	2.75	55.00	—	—	—	—	—	—
2	1	62.5%	0.95	0.60	2.05	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 February 19, 2027 expiration, the APPN put/call ratio based on open interest is 0.08 (22 puts vs 266 calls), and 0.03 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 February 19, 2027 is about 65.5%, 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.