Candel Therapeutics (CADL) Options Chain

NASDAQ: CADLHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD

9.94+0.28 (+2.90%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $9.94
Put/call ratio (OI): 0.27
Put/call ratio (volume): 0.94
ATM implied volatility: 86.1%
Expected move: ±$4.39
Open interest (C / P): 5.45K / 1.48K

CADL options summary

The CADL options chain for the January 15, 2027 expiration lists 19 call and 12 put contracts, with 96 days until expiration. Open interest stands at 5,450 calls and 1,477 puts, a put/call ratio of 0.27, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $10.00 strike is 86.1%, which implies the market expects a move of about ±$4.39 (44.1%) in Candel Therapeutics stock by expiration.

The most open interest sits at the $10.00 call (2.06K contracts) and the $11.00 put (355 contracts).

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

CADL options chain · January 15, 2027

CADL 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
193	30	242.4%	5.70	5.50	8.30	4.00	0.00	4.90	0.25	439.4%	1	3
179	1	72.7%	5.50	2.55	7.40	5.00	0.00	2.00	0.15	197.8%	2	1
387	2	78.9%	7.62	1.70	6.50	6.00	0.00	4.90	0.90	279.3%	1	2
700	3	72.1%	2.55	1.05	5.40	7.00	0.00	4.90	0.75	229.5%	2	8
202	10	52.3%	2.75	0.95	3.50	8.00	0.10	1.80	1.08	96.3%	5	194
574	50	86.1%	3.20	1.25	3.10	9.00	0.00	4.30	2.72	135.9%	1	299
CADL $9.94
2,063	230	97.6%	1.64	1.50	2.40	10.00	1.30	1.80	1.93	74.6%	129	219
265	10	168.0%	1.58	1.10	4.90	11.00	1.75	3.90	2.00	106.2%	1	355
205	5	94.0%	1.24	0.00	2.45	12.00	0.80	5.50	2.15	87.4%	4	103
106	5	106.2%	1.00	0.05	2.40	13.00	1.65	6.50	2.85	95.5%	2	139
156	2	85.9%	0.87	0.00	1.30	14.00	3.00	7.00	4.05	101.9%	190	134
210	2	97.5%	0.70	0.05	1.35	15.00	3.80	8.50	6.80	118.8%	—	20
30	1	100.8%	1.00	0.00	1.25	16.00	—	—	—	—	—	—
15	1	202.5%	0.85	0.00	4.90	17.00	—	—	—	—	—	—
100	3	192.4%	0.75	0.00	4.20	18.00	—	—	—	—	—	—
7	5	223.2%	0.35	0.05	4.90	20.00	—	—	—	—	—	—
25	—	232.9%	0.40	0.00	4.90	22.00	—	—	—	—	—	—
30	—	242.4%	0.40	0.00	4.90	24.00	—	—	—	—	—	—
3	—	254.9%	0.87	0.00	4.90	27.00	—	—	—	—	—	—

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 CADL put/call ratio?

For the January 15, 2027 expiration, the CADL put/call ratio based on open interest is 0.27 (1,477 puts vs 5,450 calls), and 0.94 based on today's volume. A ratio above 1 means more puts than calls.

What is CADL's implied volatility?

At-the-money implied volatility for CADL options expiring January 15, 2027 is about 86.1%, an annualized estimate of how much the market expects Candel Therapeutics stock to move.

How many CADL option expiration dates are there?

CADL has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.

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.