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: Sep 17, 2027
Days to expiration: 341
Share price: $352.84
Put/call ratio (OI): 2.29
Put/call ratio (volume): 0.50
ATM implied volatility: 51.4%
Expected move: ±$175.33
Open interest (C / P): 160 / 367

CDNS options summary

The CDNS options chain for the September 17, 2027 expiration lists 28 call and 18 put contracts, with 341 days until expiration. Open interest stands at 160 calls and 367 puts, a put/call ratio of 2.29, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $350.00 strike is 51.4%, which implies the market expects a move of about ±$175.33 (49.7%) in Cadence Design Systems stock by expiration.

The most open interest sits at the $460.00 call (22 contracts) and the $280.00 put (249 contracts).

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

CDNS options chain · September 17, 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
—	—	—	—	—	—	140.00	0.00	3.00	2.20	52.5%	—	1
1	1	65.4%	116.79	182.00	186.50	180.00	—	—	—	—	—	—
—	—	—	—	—	—	190.00	1.50	5.20	5.77	48.5%	—	1
—	—	—	—	—	—	195.00	2.05	6.30	10.20	49.3%	—	1
—	—	—	—	—	—	200.00	2.60	6.90	11.30	48.8%	—	1
6	—	60.4%	91.40	156.50	161.00	210.00	4.00	8.10	12.50	47.7%	1	1
3	2	59.1%	87.60	148.50	153.00	220.00	5.50	9.60	9.00	46.9%	1	6
2	—	57.8%	92.20	140.50	145.00	230.00	7.00	11.30	9.50	46.2%	2	14
1	—	56.7%	80.20	133.00	137.30	240.00	9.00	13.30	12.15	45.5%	1	7
2	—	55.5%	71.70	125.50	129.50	250.00	11.50	15.50	27.00	44.9%	1	34
13	2	54.8%	122.80	118.50	122.50	260.00	13.50	18.00	14.45	44.4%	2	3
2	2	53.9%	87.72	111.50	115.50	270.00	—	—	—	—	—	—
6	3	53.0%	77.00	104.50	109.00	280.00	20.20	24.00	31.50	43.6%	1	249
6	1	52.3%	69.55	98.00	102.50	290.00	22.50	27.00	39.80	42.8%	1	2
7	1	51.7%	96.52	92.00	96.50	300.00	26.50	30.50	47.97	42.3%	1	12
5	1	51.0%	72.11	86.00	90.50	310.00	—	—	—	—	—	—
4	1	50.6%	84.00	80.50	85.00	320.00	34.00	39.00	66.00	41.8%	1	1
20	2	50.3%	79.37	75.50	80.00	330.00	39.00	43.50	42.07	41.4%	4	4
8	3	51.5%	75.00	70.50	74.80	340.00	—	—	—	—	—	—
12	2	51.4%	54.75	65.50	70.50	350.00	—	—	—	—	—	—
CDNS $352.84
5	1	51.0%	52.00	61.50	66.00	360.00	—	—	—	—	—	—
7	—	50.5%	62.75	57.00	61.50	370.00	—	—	—	—	—	—
1	—	50.5%	41.91	53.50	58.00	380.00	—	—	—	—	—	—
0	1	50.0%	41.21	49.50	54.00	390.00	72.00	76.50	107.55	39.3%	—	10
9	1	49.8%	25.00	46.00	50.50	400.00	78.50	83.00	115.45	39.0%	—	10
1	—	49.8%	21.00	43.00	47.50	410.00	—	—	—	—	—	—
11	2	49.7%	45.50	40.00	44.50	420.00	91.80	96.50	100.90	38.3%	—	10
1	—	49.3%	35.63	32.00	36.50	450.00	—	—	—	—	—	—
22	2	49.4%	23.16	29.50	34.50	460.00	—	—	—	—	—	—
4	1	49.1%	30.65	27.50	32.00	470.00	—	—	—	—	—	—
1	2	49.1%	17.20	25.50	30.00	480.00	—	—	—	—	—	—
0	1	49.1%	23.05	22.00	26.50	500.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the CDNS put/call ratio based on open interest is 2.29 (367 puts vs 160 calls), and 0.50 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 September 17, 2027 is about 51.4%, 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.