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: Dec 15, 2028
Days to expiration: 796
Share price: $40.10
Put/call ratio (OI): 0.19
Put/call ratio (volume): 0.28
ATM implied volatility: 70.6%
Expected move: ±$41.82
Open interest (C / P): 311 / 58

APPN options summary

The APPN options chain for the December 15, 2028 expiration lists 13 call and 4 put contracts, with 796 days until expiration. Open interest stands at 311 calls and 58 puts, a put/call ratio of 0.19, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 70.6%, which implies the market expects a move of about ±$41.82 (104.3%) in Appian stock by expiration.

The most open interest sits at the $40.00 call (80 contracts) and the $30.00 put (31 contracts).

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

APPN options chain · December 15, 2028

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
9	26	85.3%	27.60	27.50	32.50	12.50	—	—	—	—	—	—
0	44	—	17.80	0.00	0.00	27.50	—	—	—	—	—	—
0	1	—	16.60	0.00	0.00	30.00	4.50	9.50	8.32	56.9%	25	31
0	—	—	15.45	0.00	0.00	32.50	—	—	—	—	—	—
0	22	—	15.70	0.00	0.00	35.00	7.00	12.00	11.42	55.3%	2	12
39	1	71.7%	16.63	14.50	19.50	37.50	8.50	13.50	11.75	55.1%	2	15
80	1	70.6%	10.00	13.50	18.50	40.00	—	—	—	—	—	—
APPN $40.10
59	2	69.3%	11.60	12.50	17.50	42.50	—	—	—	—	—	—
75	2	70.2%	12.40	12.00	17.00	45.00	0.00	0.00	18.30	—	—	0
9	2	68.6%	14.70	11.00	16.00	47.50	—	—	—	—	—	—
26	1	69.1%	10.10	10.50	15.50	50.00	—	—	—	—	—	—
9	2	67.3%	10.50	9.00	14.00	55.00	—	—	—	—	—	—
5	—	67.2%	12.20	8.00	13.00	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 December 15, 2028 expiration, the APPN put/call ratio based on open interest is 0.19 (58 puts vs 311 calls), and 0.28 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 December 15, 2028 is about 70.6%, 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.