Biohaven (BHVN) Options Chain
NYSE: BHVNHealth CareBiotechnology: Pharmaceutical PreparationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Jan 21, 2028
- Days to expiration
- 468
- Share price
- $12.08
- Put/call ratio (OI)
- 0.13
- Put/call ratio (volume)
- 0.29
- Expected move
- ±$11.89
- Open interest (C / P)
- 6.98K / 898
BHVN options summary
The BHVN options chain for the January 21, 2028 expiration lists 13 call and 11 put contracts, with 468 days until expiration. Open interest stands at 6,979 calls and 898 puts, a put/call ratio of 0.13, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $12.50 strike is 86.9%, which implies the market expects a move of about ±$11.89 (98.4%) in Biohaven stock by expiration.
The most open interest sits at the $15.00 call (1.84K contracts) and the $10.00 put (827 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
BHVN options chain · January 21, 2028
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 10.00 | 7.50 | 12.00 | 2.50 | 0.00 | 0.75 | 0.80 | |||||
| 11.17 | 5.50 | 10.00 | 5.00 | 0.00 | 5.00 | 0.65 | |||||
| 6.20 | 4.00 | 8.50 | 7.50 | 0.00 | 0.00 | 3.95 | |||||
| 6.10 | 4.10 | 7.50 | 10.00 | 0.00 | 5.00 | 2.87 | |||||
| 5.83 | 4.00 | 6.50 | 12.50 | 1.50 | 6.50 | 4.10 | |||||
| 4.40 | 3.30 | 4.90 | 15.00 | 3.50 | 8.50 | 5.81 | |||||
| 6.55 | 0.50 | 5.50 | 17.50 | 8.60 | 13.00 | 12.42 | |||||
| 2.68 | 0.60 | 5.00 | 20.00 | 6.00 | 11.00 | 9.68 | |||||
| 3.85 | 0.00 | 5.00 | 22.50 | — | — | — | |||||
| 3.85 | 1.25 | 5.00 | 25.00 | 10.80 | 15.50 | 13.12 | |||||
| 3.50 | 0.00 | 0.00 | 27.50 | — | — | — | |||||
| 1.88 | 0.00 | 5.00 | 30.00 | 0.00 | 0.00 | 21.74 | |||||
| 2.89 | 0.30 | 5.00 | 35.00 | 0.00 | 0.00 | 26.00 | |||||
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 BHVN put/call ratio?
For the January 21, 2028 expiration, the BHVN put/call ratio based on open interest is 0.13 (898 puts vs 6,979 calls), and 0.29 based on today's volume. A ratio above 1 means more puts than calls.
What is BHVN's implied volatility?
At-the-money implied volatility for BHVN options expiring January 21, 2028 is about 86.9%, an annualized estimate of how much the market expects Biohaven stock to move.
How many BHVN option expiration dates are there?
BHVN has 7 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.