Butterfly Network (BFLY) Options Chain

NYSE: BFLYHealth CareMedical ElectronicsUSD

8.25+0.22 (+2.74%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 97
Share price: $8.25
Put/call ratio (OI): 0.24
Put/call ratio (volume): 0.09
ATM implied volatility: 93.3%
Expected move: ±$3.97
Open interest (C / P): 22.75K / 5.49K

BFLY options summary

The BFLY options chain for the January 15, 2027 expiration lists 16 call and 16 put contracts, with 97 days until expiration. Open interest stands at 22,755 calls and 5,487 puts, a put/call ratio of 0.24, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.50 strike is 93.3%, which implies the market expects a move of about ±$3.97 (48.1%) in Butterfly Network stock by expiration.

The most open interest sits at the $10.00 call (6.84K contracts) and the $7.50 put (1.28K contracts).

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

BFLY options chain · January 15, 2027

BFLY 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
0	50	—	8.40	0.00	0.00	0.50	0.00	0.05	0.03	281.3%	3	1,004
0	1	—	8.23	0.00	0.00	1.00	0.00	0.00	0.05	50.0%	1	0
296	5	241.4%	8.00	6.40	7.40	1.50	0.00	0.40	0.10	261.7%	4	16
818	1	200.8%	7.88	5.90	6.90	2.00	0.00	0.05	0.01	139.1%	1	174
702	2	170.3%	7.60	5.40	6.40	2.50	0.00	0.20	0.11	154.7%	2	354
2,765	61	158.6%	5.10	5.00	5.90	3.00	0.00	0.15	0.05	124.2%	1	69
226	1	114.5%	5.40	4.70	5.00	3.50	0.00	0.10	0.05	98.4%	1	404
727	14	127.7%	5.39	4.10	4.90	4.00	0.10	0.15	0.10	104.7%	104	409
279	1	124.4%	4.70	3.70	4.50	4.50	0.10	0.20	0.24	94.5%	3	484
508	1	119.3%	3.60	3.40	4.00	5.00	0.20	0.45	0.27	104.9%	12	571
816	5	112.9%	3.24	3.00	3.60	5.50	0.30	0.45	0.35	95.5%	4	307
2,962	4	96.5%	2.13	1.90	2.00	7.50	0.95	1.25	1.10	90.0%	2	1,276
BFLY $8.25
6,837	1,867	99.6%	1.10	1.05	1.15	10.00	2.50	2.80	2.50	87.7%	20	371
1,457	128	95.8%	0.50	0.45	0.65	12.50	4.30	4.90	4.39	80.9%	25	34
1,987	6	96.3%	0.30	0.20	0.40	15.00	6.50	7.20	6.60	73.2%	1	2
2,375	20	97.7%	0.20	0.05	0.30	17.50	8.90	9.60	10.00	116.4%	2	12

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 BFLY put/call ratio?

For the January 15, 2027 expiration, the BFLY put/call ratio based on open interest is 0.24 (5,487 puts vs 22,755 calls), and 0.09 based on today's volume. A ratio above 1 means more puts than calls.

What is BFLY's implied volatility?

At-the-money implied volatility for BFLY options expiring January 15, 2027 is about 93.3%, an annualized estimate of how much the market expects Butterfly Network stock to move.

How many BFLY option expiration dates are there?

BFLY has 6 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.