Churchill Downs (CHDN) Options Chain
NASDAQ: CHDNConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $79.96
- Put/call ratio (OI)
- 249.32
- Put/call ratio (volume)
- 1.83
- Expected move
- ±$13.51
- Open interest (C / P)
- 65 / 16.21K
CHDN options summary
The CHDN options chain for the November 20, 2026 expiration lists 4 call and 5 put contracts, with 40 days until expiration. Open interest stands at 65 calls and 16,206 puts, a put/call ratio of 249.32, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $80.00 strike is 51.0%, which implies the market expects a move of about ±$13.51 (16.9%) in Churchill Downs stock by expiration.
The most open interest sits at the $85.00 call (48 contracts) and the $65.00 put (8.61K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CHDN options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 65.00 | 0.00 | 2.60 | 0.95 | |||||
| — | — | — | 70.00 | 0.45 | 1.75 | 0.95 | |||||
| 7.70 | 7.00 | 9.00 | 75.00 | 1.05 | 3.30 | 2.03 | |||||
| 4.40 | 2.75 | 6.20 | 80.00 | 3.60 | 4.70 | 3.98 | |||||
| 2.25 | 1.20 | 4.60 | 85.00 | 5.00 | 8.90 | 6.40 | |||||
| 0.25 | 0.00 | 2.35 | 105.00 | — | — | — | |||||
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 CHDN put/call ratio?
For the November 20, 2026 expiration, the CHDN put/call ratio based on open interest is 249.32 (16,206 puts vs 65 calls), and 1.83 based on today's volume. A ratio above 1 means more puts than calls.
What is CHDN's implied volatility?
At-the-money implied volatility for CHDN options expiring November 20, 2026 is about 51.0%, an annualized estimate of how much the market expects Churchill Downs stock to move.
How many CHDN option expiration dates are there?
CHDN has 7 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.