Cullinan Therapeutics (CGEM) Options Chain
NASDAQ: CGEMHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Apr 16, 2027
- Days to expiration
- 187
- Share price
- $15.53
- Put/call ratio (OI)
- 1.64
- Put/call ratio (volume)
- 3.78
- ATM implied volatility
- 101.5%
- Expected move
- ±$11.28
- Open interest (C / P)
- 170 / 278
CGEM options summary
The CGEM options chain for the April 16, 2027 expiration lists 5 call and 6 put contracts, with 187 days until expiration. Open interest stands at 170 calls and 278 puts, a put/call ratio of 1.64, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $16.00 strike is 101.5%, which implies the market expects a move of about ±$11.28 (72.6%) in Cullinan Therapeutics stock by expiration.
The most open interest sits at the $16.00 call (100 contracts) and the $25.00 put (206 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CGEM options chain · April 16, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.54 | 2.50 | 7.00 | 15.00 | — | — | — | |||||
| 4.58 | 2.00 | 6.50 | 16.00 | — | — | — | |||||
| 6.98 | 1.00 | 5.50 | 19.00 | — | — | — | |||||
| 6.44 | 0.90 | 5.50 | 20.00 | 4.60 | 9.40 | 7.06 | |||||
| 6.25 | 0.60 | 4.90 | 21.00 | — | — | — | |||||
| — | — | — | 23.00 | 7.00 | 11.50 | 9.90 | |||||
| — | — | — | 25.00 | 8.50 | 13.00 | 11.26 | |||||
| — | — | — | 26.00 | 9.50 | 14.00 | 8.65 | |||||
| — | — | — | 27.00 | 10.50 | 15.00 | 9.16 | |||||
| — | — | — | 28.00 | 11.20 | 16.00 | 10.43 | |||||
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 CGEM put/call ratio?
For the April 16, 2027 expiration, the CGEM put/call ratio based on open interest is 1.64 (278 puts vs 170 calls), and 3.78 based on today's volume. A ratio above 1 means more puts than calls.
What is CGEM's implied volatility?
At-the-money implied volatility for CGEM options expiring April 16, 2027 is about 101.5%, an annualized estimate of how much the market expects Cullinan Therapeutics stock to move.
How many CGEM option expiration dates are there?
CGEM has 8 listed expiration dates, from Oct 16, 2026 to Dec 17, 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.