Cadence Design Systems (CDNS) Options Chain

NASDAQ: CDNSTechnologyComputer Software: Prepackaged SoftwareUSD

352.84+4.00 (+1.15%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 97
Share price: $352.84
Put/call ratio (OI): 0.69
Put/call ratio (volume): 1.32
ATM implied volatility: 44.4%
Expected move: ±$80.79
Open interest (C / P): 12.29K / 8.44K

CDNS options summary

The CDNS options chain for the January 15, 2027 expiration lists 49 call and 49 put contracts, with 97 days until expiration. Open interest stands at 12,292 calls and 8,444 puts, a put/call ratio of 0.69, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $350.00 strike is 44.4%, which implies the market expects a move of about ±$80.79 (22.9%) in Cadence Design Systems stock by expiration.

The most open interest sits at the $480.00 call (2.45K contracts) and the $350.00 put (1.89K contracts).

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

CDNS options chain · January 15, 2027

CDNS 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
3	2	—	269.00	196.90	200.60	120.00	0.00	1.75	0.30	103.9%	4	43
0	1	—	220.30	168.10	172.30	125.00	0.00	2.90	2.25	109.0%	2	5
0	2	—	178.30	204.00	209.00	130.00	0.00	2.50	1.33	102.5%	2	10
—	—	—	—	—	—	135.00	0.00	3.10	1.40	102.7%	1	7
6	—	53.1%	152.79	210.80	214.90	140.00	0.15	2.60	1.80	97.1%	2	13
—	—	—	—	—	—	145.00	0.00	2.55	1.76	92.5%	20	15
3	1	98.9%	145.50	203.10	207.00	150.00	0.00	0.00	3.57	25.0%	2	0
5	—	—	225.95	162.70	166.40	155.00	0.00	2.60	0.88	86.5%	12	63
21	14	256.3%	155.16	238.20	242.00	160.00	0.15	2.65	0.48	84.5%	1	15
—	—	—	—	—	—	165.00	0.00	2.70	0.75	81.1%	2	16
6	3	—	127.74	148.60	152.00	170.00	0.00	2.70	1.30	78.2%	1	33
3	5	—	203.00	143.10	146.90	175.00	0.00	2.75	1.40	75.7%	58	93
6	6	—	191.28	138.70	142.20	180.00	0.00	0.00	2.81	25.0%	1	0
16	16	—	115.46	136.10	138.60	185.00	0.00	2.85	1.31	70.8%	40	60
3	3	79.0%	160.80	163.80	167.70	190.00	0.00	2.90	1.51	68.5%	1	418
2	1	—	185.78	124.10	127.80	195.00	0.00	2.95	2.20	66.2%	10	16
177	8	74.2%	163.50	153.90	157.90	200.00	0.00	3.00	3.00	63.9%	1	146
4	3	199.7%	159.75	192.50	196.20	210.00	0.00	3.10	1.00	59.5%	1	37
16	5	—	175.40	100.80	104.60	220.00	0.00	2.60	5.70	53.1%	1	100
33	25	63.8%	62.40	125.00	129.10	230.00	0.95	3.30	2.76	54.0%	3	278
46	2	60.2%	110.00	115.50	119.40	240.00	0.20	2.95	1.75	53.5%	5	159
114	15	56.9%	105.40	106.00	109.90	250.00	1.10	3.70	2.35	51.9%	21	359
18	4	54.9%	77.00	97.00	100.90	260.00	1.55	5.10	3.00	51.9%	1	52
18	2	52.5%	80.00	88.00	91.80	270.00	2.60	4.70	4.60	45.9%	1	1,267
60	1	51.3%	85.30	79.90	83.20	280.00	3.60	7.00	6.00	47.3%	1	301
162	1	52.2%	72.93	71.50	74.50	290.00	5.30	8.70	6.00	46.1%	3	128
248	40	51.3%	61.98	63.70	67.00	300.00	7.20	10.70	9.00	44.9%	1	555
96	3	50.4%	64.90	56.80	59.80	310.00	11.50	13.80	12.30	45.0%	2	329
107	2	49.1%	49.40	50.00	52.80	320.00	14.10	16.10	16.30	43.0%	3	147
119	5	48.2%	48.15	43.70	46.40	330.00	17.50	20.50	16.80	43.6%	4	997
345	3	47.7%	40.70	37.80	40.70	340.00	22.30	23.40	23.30	41.3%	1	76
1,792	1	47.1%	36.15	33.10	35.40	350.00	25.60	28.70	26.80	41.7%	1	1,893
CDNS $352.84
514	1	47.1%	28.84	27.90	31.00	360.00	32.20	34.00	31.98	41.4%	2	209
1,207	1	46.5%	24.81	24.20	26.60	370.00	36.90	39.30	38.20	40.4%	1	21
1,607	1	46.7%	20.50	20.50	23.20	380.00	44.10	46.90	97.20	41.9%	5	29
227	6	46.4%	20.40	16.80	19.80	390.00	50.60	52.90	50.80	40.5%	2	48
261	10	46.8%	17.94	13.90	17.30	400.00	57.40	60.30	57.20	40.5%	1	489
125	6	46.7%	14.90	11.60	14.80	410.00	64.70	68.70	87.00	41.5%	1	8
209	1	47.1%	13.17	8.70	12.90	420.00	103.60	107.50	73.60	84.8%	2	5
75	21	46.7%	10.60	7.60	10.80	430.00	81.00	85.00	144.10	41.3%	44	0
673	2	46.3%	9.90	5.60	9.00	440.00	118.70	122.80	88.80	85.1%	2	3
619	2	48.1%	8.00	4.40	8.50	450.00	0.00	0.00	85.31	—	4	0
82	18	49.1%	6.70	3.80	7.70	460.00	—	—	—	—	—	—
192	2	49.6%	5.45	2.70	6.80	470.00	0.00	0.00	99.30	—	—	0
2,451	1	48.5%	3.85	2.45	5.40	480.00	0.00	0.00	108.30	—	—	0
154	10	49.9%	4.00	1.90	5.10	490.00	0.00	0.00	115.70	—	—	0
197	1	50.4%	3.63	1.40	4.50	500.00	181.80	185.50	159.80	107.3%	—	0
85	1	52.1%	2.05	0.70	3.80	520.00	190.50	194.20	149.80	95.1%	—	1
0	5	12.5%	1.60	0.00	0.00	540.00	—	—	—	—	—	—
164	1	57.3%	0.45	0.00	3.30	560.00	0.00	0.00	245.00	—	80	0
0	2	25.0%	0.40	0.00	0.00	580.00	261.80	265.80	202.00	126.4%	—	0
21	2	54.5%	0.20	0.00	2.90	600.00	—	—	—	—	—	—

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 CDNS put/call ratio?

For the January 15, 2027 expiration, the CDNS put/call ratio based on open interest is 0.69 (8,444 puts vs 12,292 calls), and 1.32 based on today's volume. A ratio above 1 means more puts than calls.

What is CDNS's implied volatility?

At-the-money implied volatility for CDNS options expiring January 15, 2027 is about 44.4%, an annualized estimate of how much the market expects Cadence Design Systems stock to move.

How many CDNS option expiration dates are there?

CDNS has 15 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.