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: Jan 21, 2028
Days to expiration: 468
Share price: $13.52
Put/call ratio (OI): 0.37
Put/call ratio (volume): 0.16
ATM implied volatility: 82.6%
Expected move: ±$12.64
Open interest (C / P): 125.23K / 45.77K

CIFR options summary

The CIFR options chain for the January 21, 2028 expiration lists 21 call and 21 put contracts, with 468 days until expiration. Open interest stands at 125,234 calls and 45,775 puts, a put/call ratio of 0.37, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $15.00 strike is 82.6%, which implies the market expects a move of about ±$12.64 (93.5%) in Cipher Digital stock by expiration.

The most open interest sits at the $25.00 call (36.20K contracts) and the $20.00 put (13.92K contracts).

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

CIFR options chain · January 21, 2028

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
0	7	—	16.60	0.00	0.00	1.00	0.00	0.20	0.01	140.6%	300	332
79	1	506.3%	24.00	11.00	16.00	2.00	0.00	2.66	0.08	255.1%	1	3
78	9	124.0%	10.50	10.50	11.65	3.00	0.00	2.61	0.15	180.3%	1	62
2,726	1	139.4%	9.95	9.00	12.50	4.00	0.13	0.50	0.24	84.6%	1	1,096
741	28	98.5%	9.46	9.05	9.70	5.00	0.56	0.63	0.61	85.9%	2	583
3,105	77	95.8%	7.65	7.40	7.90	8.00	0.41	3.00	1.71	84.0%	401	1,873
1,344	5	104.3%	6.60	6.50	7.80	10.00	2.16	2.98	2.78	80.2%	476	9,915
948	4	101.3%	5.85	5.40	7.25	12.00	2.96	4.00	3.91	75.0%	1	3,499
CIFR $13.52
6,375	336	97.7%	5.29	4.90	5.65	15.00	3.55	6.50	5.99	67.5%	11	7,843
2,140	31	87.9%	4.44	3.75	4.70	17.00	7.00	7.45	7.37	79.9%	1	2,103
12,987	430	95.4%	4.35	3.75	4.35	20.00	9.20	9.70	9.90	77.6%	1	13,924
18,102	36	98.1%	3.50	3.00	4.75	22.00	10.80	11.30	10.85	76.8%	5	3,075
36,198	96	90.8%	3.10	2.78	3.20	25.00	12.45	13.80	12.86	68.2%	65	114
3,499	14	93.1%	2.77	2.55	3.20	27.00	14.15	16.50	14.74	75.7%	1	124
3,836	44	96.6%	2.40	2.42	3.10	30.00	15.50	20.50	17.90	75.1%	2	0
582	22	101.2%	2.23	1.98	3.70	32.00	0.00	0.00	18.80	—	1	0
2,810	52	103.2%	2.00	1.85	3.55	35.00	20.00	23.70	22.09	55.4%	1	2
2,747	2,546	115.1%	2.73	1.52	5.00	37.00	23.45	25.20	23.48	70.8%	5	19
24,607	4,348	104.7%	1.65	1.50	3.35	40.00	26.25	29.50	25.39	85.9%	2	1,151
453	10	91.3%	4.31	1.35	1.78	42.00	26.00	26.90	26.78	—	8	5
1,877	19	91.8%	1.38	1.21	1.67	45.00	29.50	32.25	32.00	77.0%	1	52

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 January 21, 2028 expiration, the CIFR put/call ratio based on open interest is 0.37 (45,775 puts vs 125,234 calls), and 0.16 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 January 21, 2028 is about 82.6%, 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.