Webull (BULL) Options Chain

NASDAQ: BULLFinanceInvestment Bankers/Brokers/ServiceUSD

6.31+0.36 (+6.05%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $6.31
Put/call ratio (OI): 0.21
Put/call ratio (volume): 0.72
ATM implied volatility: 62.7%
Expected move: ±$4.48
Open interest (C / P): 230.97K / 48.77K

BULL options summary

The BULL options chain for the January 21, 2028 expiration lists 11 call and 11 put contracts, with 468 days until expiration. Open interest stands at 230,973 calls and 48,766 puts, a put/call ratio of 0.21, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.50 strike is 62.7%, which implies the market expects a move of about ±$4.48 (71.0%) in Webull stock by expiration.

The most open interest sits at the $10.00 call (50.47K contracts) and the $5.00 put (36.28K contracts).

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

BULL options chain · January 21, 2028

BULL 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
2,503	397	89.5%	4.20	4.10	4.25	2.50	0.03	0.26	0.18	65.6%	4	484
14,346	349	72.9%	2.55	2.45	2.62	5.00	0.84	1.14	0.92	62.5%	10,072	36,281
BULL $6.31
19,887	10,961	68.8%	1.55	1.50	1.60	7.50	2.17	2.61	2.32	56.5%	267	2,742
50,466	831	69.0%	1.02	1.00	1.05	10.00	4.10	4.40	4.20	51.8%	7	7,592
37,902	913	68.3%	0.66	0.65	0.71	12.50	6.25	6.70	6.33	50.8%	12	978
28,096	221	69.9%	0.55	0.42	0.60	15.00	8.60	9.05	9.25	62.9%	3	493
4,661	12	69.7%	0.40	0.33	0.40	17.50	11.00	11.35	11.65	57.2%	72	191
12,044	13	72.2%	0.29	0.27	0.35	20.00	13.20	14.55	12.29	64.3%	5	0
2,047	4	73.3%	0.21	0.16	0.35	22.50	12.50	16.15	15.96	—	2	0
10,132	53	74.5%	0.19	0.17	0.26	25.00	16.80	21.00	16.02	74.4%	2	2
48,889	691	76.2%	0.15	0.13	0.18	30.00	21.40	26.00	24.15	53.9%	2	3

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 BULL put/call ratio?

For the January 21, 2028 expiration, the BULL put/call ratio based on open interest is 0.21 (48,766 puts vs 230,973 calls), and 0.72 based on today's volume. A ratio above 1 means more puts than calls.

What is BULL's implied volatility?

At-the-money implied volatility for BULL options expiring January 21, 2028 is about 62.7%, an annualized estimate of how much the market expects Webull stock to move.

How many BULL option expiration dates are there?

BULL has 12 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.