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: Mar 19, 2027
Days to expiration: 160
Share price: $79.96
Put/call ratio (OI): 1.90
Put/call ratio (volume): 2.29
ATM implied volatility: 43.7%
Expected move: ±$23.14
Open interest (C / P): 173 / 328

CHDN options summary

The CHDN options chain for the March 19, 2027 expiration lists 11 call and 11 put contracts, with 160 days until expiration. Open interest stands at 173 calls and 328 puts, a put/call ratio of 1.90, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $80.00 strike is 43.7%, which implies the market expects a move of about ±$23.14 (28.9%) in Churchill Downs stock by expiration.

The most open interest sits at the $100.00 call (51 contracts) and the $85.00 put (186 contracts).

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

CHDN options chain · March 19, 2027

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
24	29	136.0%	39.81	41.00	45.10	45.00	—	—	—	—	—	—
—	—	—	—	—	—	60.00	1.00	2.05	1.45	46.9%	1	0
1	2	78.3%	18.24	19.10	22.50	70.00	1.70	4.80	5.05	45.2%	1	3
0	1	—	18.00	0.00	0.00	75.00	3.40	6.40	7.50	42.5%	100	122
CHDN $79.96
15	2	46.7%	9.00	7.80	9.80	80.00	5.70	8.60	5.00	40.8%	1	5
3	2	42.9%	6.90	5.80	7.00	85.00	8.20	12.10	9.50	43.2%	7	186
44	12	45.4%	4.20	4.30	5.90	90.00	7.50	10.70	13.10	16.6%	1	1
31	1	47.5%	2.27	2.10	5.00	95.00	—	—	—	—	—	—
51	1	47.4%	1.75	2.10	3.90	100.00	0.00	0.00	17.30	—	2	0
0	—	12.5%	5.00	0.00	0.00	105.00	—	—	—	—	—	—
4	1	54.1%	0.50	0.25	3.40	110.00	19.50	23.40	29.96	—	3	3
—	—	—	—	—	—	115.00	23.70	27.20	33.42	—	—	2
—	—	—	—	—	—	120.00	31.10	34.90	38.70	—	1	5
0	—	12.5%	1.50	0.00	0.00	125.00	32.50	36.50	41.65	—	—	1

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 March 19, 2027 expiration, the CHDN put/call ratio based on open interest is 1.90 (328 puts vs 173 calls), and 2.29 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 March 19, 2027 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.