Cerebras Systems (CBRS) Options Chain

NASDAQ: CBRSTechnologySemiconductorsUSD

167.92-7.13 (-4.07%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

After hours: 167.80 -0.07%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $167.92
Put/call ratio (OI): 0.55
Put/call ratio (volume): 1.55
ATM implied volatility: 59.5%
Expected move: ±$5.23
Open interest (C / P): 23.70K / 13.11K

CBRS options summary

The CBRS options chain for the October 9, 2026 expiration lists 55 call and 43 put contracts, with 1 day until expiration. Open interest stands at 23,697 calls and 13,110 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $167.50 strike is 59.5%, which implies the market expects a move of about ±$5.23 (3.1%) in Cerebras Systems stock by expiration.

The most open interest sits at the $200.00 call (2.97K contracts) and the $170.00 put (1.73K contracts).

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

CBRS options chain · October 9, 2026

CBRS 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
—	—	—	—	—	—	110.00	0.00	2.15	0.35	377.8%	—	1
—	—	—	—	—	—	115.00	0.00	2.15	0.04	344.9%	100	102
—	—	—	—	—	—	120.00	0.00	1.80	0.03	300.6%	1	7
—	—	—	—	—	—	125.00	0.00	0.75	0.05	225.8%	1	30
48	30	167.6%	51.00	34.00	42.10	130.00	0.00	0.70	0.08	197.7%	13	148
1	1	261.1%	68.31	29.30	34.80	135.00	0.00	0.25	0.05	144.9%	7	341
—	—	—	—	—	—	140.00	0.00	0.65	0.04	146.9%	14	71
1	5	110.0%	18.50	19.30	26.90	145.00	0.00	0.10	0.05	89.8%	123	140
1	—	223.2%	31.03	15.30	22.50	149.00	0.05	1.85	0.48	137.5%	1	65
43	3	106.6%	16.20	15.00	21.70	150.00	0.00	0.10	0.03	71.5%	228	508
—	—	—	—	—	—	152.50	0.00	0.20	0.05	69.7%	21	165
3	2	101.2%	12.70	11.10	16.50	155.00	0.00	0.15	0.05	57.0%	3,594	575
7	22	93.5%	11.00	6.80	11.50	157.50	0.15	0.20	0.15	55.9%	1,449	455
48	12	81.3%	8.00	6.80	9.10	160.00	0.25	0.40	0.35	52.4%	2,458	1,238
8	513	67.8%	6.00	5.80	7.60	162.50	0.50	1.00	0.68	53.6%	869	755
335	1,002	54.8%	4.40	3.80	5.00	165.00	1.25	1.50	1.30	52.4%	5,594	1,647
92	181	63.3%	2.90	2.80	3.90	167.50	1.80	3.30	2.45	55.6%	435	781
CBRS $167.92
398	1,851	56.0%	1.80	1.85	1.90	170.00	2.80	5.30	3.63	58.0%	1,728	1,732
170	997	56.1%	1.12	1.00	1.20	172.50	4.80	6.40	5.60	54.1%	70	876
601	1,640	51.0%	0.64	0.25	0.65	175.00	7.00	8.80	7.60	62.9%	180	944
1,846	384	58.3%	0.36	0.20	0.50	177.50	7.90	11.80	10.00	54.5%	24	273
1,995	1,412	58.6%	0.17	0.10	0.25	180.00	11.20	13.90	12.20	74.3%	179	756
2,396	1,133	63.5%	0.17	0.00	0.25	182.50	11.70	17.10	14.71	149.3%	37	320
1,417	781	65.8%	0.07	0.05	0.10	185.00	15.40	19.10	18.20	75.8%	20	384
513	145	92.5%	0.06	0.00	0.55	187.50	16.60	23.90	20.70	114.0%	83	53
2,347	771	69.5%	0.05	0.00	0.05	190.00	19.90	23.90	24.15	166.4%	336	199
164	17	75.8%	0.03	0.00	0.05	192.50	22.60	27.20	25.20	112.8%	204	134
998	319	82.0%	0.04	0.00	0.05	195.00	25.40	29.70	27.80	131.3%	253	137
153	12	123.2%	0.03	0.00	0.50	197.50	25.80	32.20	30.10	224.2%	37	25
2,968	309	94.5%	0.01	0.00	0.05	200.00	30.50	34.80	32.05	154.3%	176	105
602	14	114.8%	0.03	0.00	0.15	202.50	32.80	37.70	34.50	168.5%	39	26
645	90	105.5%	0.03	0.00	0.05	205.00	35.50	40.90	37.00	199.7%	108	57
272	1	140.6%	0.05	0.00	0.30	207.50	37.70	44.00	44.20	215.1%	32	23
1,118	5	117.2%	0.01	0.00	0.05	210.00	40.20	46.00	42.00	212.0%	33	21
158	5	121.9%	0.05	0.00	0.05	212.50	40.60	49.00	30.20	163.1%	4	10
536	1	128.1%	0.02	0.00	0.05	215.00	43.40	51.40	38.34	180.7%	2	0
89	2	194.9%	0.05	0.00	0.80	217.50	45.30	52.70	38.79	319.3%	1	3
1,401	1	137.5%	0.01	0.00	0.05	220.00	49.10	54.70	53.30	311.4%	1	3
24	24	201.2%	0.10	0.00	0.65	222.50	51.00	58.90	44.00	205.7%	1	0
291	2	192.2%	0.05	0.00	0.40	225.00	55.10	60.80	46.40	250.0%	2	0
36	1	269.1%	0.18	0.00	2.15	227.50	—	—	—	—	—	—
176	1	219.9%	0.03	0.00	0.65	230.00	58.50	66.40	23.00	224.8%	6	0
32	11	283.4%	0.06	0.00	2.15	232.50	—	—	—	—	—	—
70	1	290.3%	0.07	0.00	2.15	235.00	65.30	70.80	61.50	284.0%	—	0
11	5	297.2%	0.08	0.00	2.15	237.50	—	—	—	—	—	—
96	1	199.2%	0.05	0.00	0.15	240.00	70.10	75.80	43.36	290.9%	1	0
33	11	181.3%	0.05	0.00	0.05	242.50	—	—	—	—	—	—
69	2	185.9%	0.01	0.00	0.05	245.00	—	—	—	—	—	—
149	8	323.4%	0.54	0.00	2.15	247.50	—	—	—	—	—	—
543	10	193.8%	0.02	0.00	0.05	250.00	—	—	—	—	—	—
93	2	342.1%	0.05	0.00	2.15	255.00	—	—	—	—	—	—
21	2	354.1%	0.04	0.00	2.15	260.00	—	—	—	—	—	—
1	—	360.0%	1.10	0.00	2.15	262.50	—	—	—	—	—	—
5	1	254.3%	0.10	0.00	0.20	265.00	—	—	—	—	—	—
76	41	323.4%	0.05	0.00	0.90	270.00	—	—	—	—	—	—
43	12	388.1%	0.05	0.00	2.15	275.00	—	—	—	—	—	—
47	2	398.9%	0.05	0.00	2.15	280.00	—	—	—	—	—	—
5	2	368.2%	0.03	0.00	1.00	290.00	—	—	—	—	—	—
120	100	439.4%	0.15	0.00	2.15	300.00	—	—	—	—	—	—
32	20	458.4%	0.05	0.00	2.15	310.00	—	—	—	—	—	—
350	10	476.6%	0.02	0.00	2.15	320.00	—	—	—	—	—	—

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 CBRS put/call ratio?

For the October 9, 2026 expiration, the CBRS put/call ratio based on open interest is 0.55 (13,110 puts vs 23,697 calls), and 1.55 based on today's volume. A ratio above 1 means more puts than calls.

What is CBRS's implied volatility?

At-the-money implied volatility for CBRS options expiring October 9, 2026 is about 59.5%, an annualized estimate of how much the market expects Cerebras Systems stock to move.

How many CBRS option expiration dates are there?

CBRS has 15 listed expiration dates, from Oct 9, 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.