Churchill Downs (CHDN) Options Chain

NASDAQ: CHDNConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD

79.96+3.80 (+4.99%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $79.96
Put/call ratio (OI): 0.34
Put/call ratio (volume): 0.18
ATM implied volatility: 43.7%
Expected move: ±$15.07
Open interest (C / P): 1.50K / 515

CHDN options summary

The CHDN options chain for the December 18, 2026 expiration lists 24 call and 12 put contracts, with 68 days until expiration. Open interest stands at 1,498 calls and 515 puts, a put/call ratio of 0.34, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $80.00 strike is 43.7%, which implies the market expects a move of about ±$15.07 (18.9%) in Churchill Downs stock by expiration.

The most open interest sits at the $120.00 call (608 contracts) and the $75.00 put (165 contracts).

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

CHDN options chain · December 18, 2026

CHDN 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
2	1	74.3%	35.00	33.40	37.10	45.00	—	—	—	—	—	—
0	—	—	40.00	0.00	0.00	50.00	—	—	—	—	—	—
0	1	—	39.20	0.00	0.00	55.00	0.00	2.45	0.18	73.0%	—	1
4	3	57.8%	17.90	19.20	22.90	60.00	—	—	—	—	—	—
5	1	126.0%	23.00	22.60	25.80	65.00	0.05	3.20	1.80	52.5%	3	30
21	5	63.1%	8.75	10.40	14.10	70.00	1.65	3.10	3.30	53.9%	4	63
31	1	51.0%	8.80	8.00	9.60	75.00	3.10	3.30	3.10	40.4%	23	165
CHDN $79.96
93	19	48.5%	2.95	3.70	6.70	80.00	5.20	5.40	5.20	38.8%	31	114
28	5	49.3%	3.80	3.40	4.80	85.00	7.00	9.30	12.70	45.3%	3	129
47	53	42.8%	2.30	2.05	2.50	90.00	4.90	8.00	8.80	—	1	5
201	40	52.7%	2.10	0.00	2.60	95.00	—	—	—	—	—	—
211	1	45.0%	0.85	0.55	1.10	100.00	0.00	0.00	18.30	—	1	0
59	1	50.7%	0.95	0.00	1.05	105.00	13.90	18.30	20.94	—	2	1
166	3	59.3%	0.50	0.00	2.50	110.00	28.20	31.40	31.00	60.8%	1	0
0	262	12.5%	2.55	0.00	0.00	115.00	22.70	26.40	32.77	—	2	3
608	1	68.8%	0.95	0.00	2.35	120.00	27.40	31.30	34.65	—	4	4
0	2	25.0%	2.00	0.00	0.00	125.00	—	—	—	—	—	—
4	1	82.3%	1.35	0.00	2.90	130.00	—	—	—	—	—	—
2	2	85.5%	0.80	0.00	2.75	135.00	—	—	—	—	—	—
2	1	91.5%	2.40	0.05	2.95	140.00	—	—	—	—	—	—
0	1	25.0%	0.20	0.00	0.00	150.00	—	—	—	—	—	—
2	1	114.3%	4.50	0.50	4.10	155.00	—	—	—	—	—	—
9	2	120.5%	2.47	0.00	5.00	160.00	—	—	—	—	—	—
3	1	108.8%	2.20	0.00	2.90	165.00	—	—	—	—	—	—

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 December 18, 2026 expiration, the CHDN put/call ratio based on open interest is 0.34 (515 puts vs 1,498 calls), and 0.18 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 December 18, 2026 is about 43.7%, 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.