Cumberland Pharmaceuticals (CPIX) Options Chain

NASDAQ: CPIXHealth CareBiotechnology: Pharmaceutical PreparationsUSD

7.03+0.05 (+0.72%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $7.03
Put/call ratio (OI): 0.02
Put/call ratio (volume): 0.01
ATM implied volatility: 149.9%
Expected move: ±$3.49
Open interest (C / P): 244 / 5

CPIX options summary

The CPIX options chain for the November 20, 2026 expiration lists 5 call and 1 put contracts, with 40 days until expiration. Open interest stands at 244 calls and 5 puts, a put/call ratio of 0.02, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.50 strike is 149.9%, which implies the market expects a move of about ±$3.49 (49.6%) in Cumberland Pharmaceuticals stock by expiration.

The most open interest sits at the $5.00 call (190 contracts) and the $7.50 put (5 contracts).

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

CPIX options chain · November 20, 2026

CPIX 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	—	181.3%	5.10	2.85	6.30	2.50	—	—	—	—	—	—
190	3	130.9%	2.55	1.50	3.20	5.00	—	—	—	—	—	—
CPIX $7.03
34	16	110.7%	0.60	0.15	1.55	7.50	1.00	3.10	1.25	189.1%	5	5
16	—	123.4%	0.80	0.00	0.75	10.00	—	—	—	—	—	—
2	393	278.1%	0.10	0.00	2.70	12.50	—	—	—	—	—	—

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 CPIX put/call ratio?

For the November 20, 2026 expiration, the CPIX put/call ratio based on open interest is 0.02 (5 puts vs 244 calls), and 0.01 based on today's volume. A ratio above 1 means more puts than calls.

What is CPIX's implied volatility?

At-the-money implied volatility for CPIX options expiring November 20, 2026 is about 149.9%, an annualized estimate of how much the market expects Cumberland Pharmaceuticals stock to move.

How many CPIX option expiration dates are there?

CPIX has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.

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.