Cipher Digital (CIFR) Options Chain

NASDAQ: CIFRFinanceFinance: Consumer ServicesUSD

13.52+0.02 (+0.15%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $13.52
Put/call ratio (OI): 0.46
Put/call ratio (volume): 0.19
ATM implied volatility: 93.6%
Expected move: ±$5.46
Open interest (C / P): 91.68K / 42.08K

CIFR options summary

The CIFR options chain for the December 18, 2026 expiration lists 45 call and 38 put contracts, with 68 days until expiration. Open interest stands at 91,683 calls and 42,082 puts, a put/call ratio of 0.46, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $14.00 strike is 93.6%, which implies the market expects a move of about ±$5.46 (40.4%) in Cipher Digital stock by expiration.

The most open interest sits at the $20.00 call (16.52K contracts) and the $15.00 put (22.20K contracts).

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

CIFR options chain · December 18, 2026

CIFR 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
409	1	293.8%	12.32	12.40	12.70	1.00	0.00	1.76	0.02	956.3%	1	35
1	1	728.9%	17.08	9.45	13.00	2.00	—	—	—	—	—	—
22	2	406.6%	13.40	9.25	11.50	3.00	0.00	0.00	0.02	50.0%	10	0
3	3	—	15.30	14.60	18.55	4.00	0.00	2.17	0.05	342.6%	4	8
0	10	—	12.60	0.00	0.00	5.00	0.02	0.26	0.03	149.2%	4	231
4	1	175.2%	9.90	6.90	8.00	6.00	0.03	0.29	0.04	128.5%	5	156
2	2	59.4%	12.85	6.10	6.95	7.00	0.02	0.29	0.13	106.6%	2	44
176	1	91.8%	5.55	5.40	6.00	8.00	0.09	0.33	0.20	95.7%	1	5,353
32	10	90.0%	6.94	4.40	5.30	9.00	0.28	0.47	0.38	94.1%	8	167
2,221	51	100.6%	4.00	3.85	4.65	10.00	0.54	0.66	0.64	92.1%	3	1,591
7	2	94.6%	3.20	3.05	3.95	11.00	0.78	0.97	0.93	88.9%	137	514
154	14	84.7%	2.68	2.29	3.15	12.00	1.00	1.40	1.38	84.7%	53	1,387
945	37	91.7%	2.26	2.02	2.71	13.00	1.74	1.83	1.83	89.1%	16	1,281
CIFR $13.52
2,032	72	95.9%	1.87	1.75	2.33	14.00	2.16	2.66	2.41	91.2%	67	1,409
11,465	358	94.1%	1.62	1.59	1.70	15.00	2.95	3.25	3.11	93.1%	145	22,198
2,504	32	90.6%	1.24	1.04	1.50	16.00	3.60	4.30	3.86	99.4%	6	909
1,819	160	93.3%	1.05	1.02	1.15	17.00	4.35	4.75	4.54	92.6%	50	1,616
2,700	141	94.9%	0.86	0.83	1.01	18.00	4.60	5.55	5.48	78.6%	24	2,773
4,780	11	95.9%	0.76	0.60	0.94	19.00	6.00	6.50	6.30	95.9%	9	632
16,516	1,313	95.8%	0.59	0.56	0.70	20.00	6.40	7.80	7.16	95.2%	1	926
715	2	99.0%	0.49	0.43	0.71	21.00	7.30	8.25	7.98	80.9%	1	139
5,466	120	96.6%	0.39	0.37	0.50	22.00	8.65	9.25	8.90	98.9%	35	237
1,604	50	94.5%	0.34	0.09	0.57	23.00	9.20	10.55	7.80	99.4%	6	96
742	32	89.5%	0.26	0.08	0.35	24.00	10.50	11.05	8.15	96.7%	32	60
8,081	145	95.9%	0.25	0.19	0.28	25.00	11.20	12.50	11.75	107.4%	5	117
807	84	98.2%	0.19	0.00	0.43	26.00	12.30	13.30	12.10	107.8%	1	42
2,484	36	94.9%	0.18	0.08	0.22	27.00	13.00	14.30	13.75	97.3%	2	15
588	1	102.2%	0.20	0.10	0.26	28.00	13.95	15.35	10.58	101.2%	4	6
1,122	83	104.5%	0.12	0.00	0.34	29.00	13.65	14.85	11.45	—	1	18
11,298	66	107.4%	0.11	0.00	0.33	30.00	16.20	17.10	12.27	108.0%	17	105
427	28	110.5%	0.09	0.01	0.32	31.00	15.65	16.70	13.06	—	1	2
301	8	114.3%	0.10	0.01	0.33	32.00	17.50	19.90	15.00	120.3%	1	8
569	122	118.0%	0.10	0.06	0.29	33.00	0.00	0.00	11.48	—	—	0
336	102	125.8%	0.04	0.00	0.43	34.00	11.15	15.00	12.10	—	—	3
990	4	123.0%	0.23	0.00	0.34	35.00	20.50	22.65	20.20	111.3%	1	0
239	69	122.1%	0.03	0.00	0.29	36.00	14.00	15.90	13.50	—	3	2
1,405	70	125.4%	0.07	0.00	0.30	37.00	0.00	0.00	15.45	—	9	0
554	1	130.1%	0.23	0.00	0.33	38.00	14.90	17.95	14.80	—	—	1
396	2	130.1%	0.20	0.00	0.30	39.00	—	—	—	—	—	—
677	15	132.4%	0.05	0.00	0.30	40.00	—	—	—	—	—	—
86	1	135.6%	0.45	0.00	0.31	41.00	23.10	24.05	20.25	—	—	1
655	80	136.9%	0.04	0.00	0.30	42.00	—	—	—	—	—	—
313	81	136.7%	0.02	0.00	0.27	43.00	—	—	—	—	—	—
1,028	41	140.2%	0.01	0.00	0.29	44.00	—	—	—	—	—	—
5,008	5	141.4%	0.08	0.00	0.28	45.00	—	—	—	—	—	—

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 CIFR put/call ratio?

For the December 18, 2026 expiration, the CIFR put/call ratio based on open interest is 0.46 (42,082 puts vs 91,683 calls), and 0.19 based on today's volume. A ratio above 1 means more puts than calls.

What is CIFR's implied volatility?

At-the-money implied volatility for CIFR options expiring December 18, 2026 is about 93.6%, an annualized estimate of how much the market expects Cipher Digital stock to move.

How many CIFR option expiration dates are there?

CIFR 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.