Cognizant Technology Solutions (CTSH) Options Chain

NASDAQ: CTSHTechnologyEDP ServicesUSD

59.20-0.81 (-1.35%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $59.20
Put/call ratio (OI): 0.38
Put/call ratio (volume): 0.54
ATM implied volatility: 46.9%
Expected move: ±$31.45
Open interest (C / P): 5.73K / 2.18K

CTSH options summary

The CTSH options chain for the January 21, 2028 expiration lists 36 call and 32 put contracts, with 468 days until expiration. Open interest stands at 5,733 calls and 2,183 puts, a put/call ratio of 0.38, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $60.00 strike is 46.9%, which implies the market expects a move of about ±$31.45 (53.1%) in Cognizant Technology Solutions stock by expiration.

The most open interest sits at the $75.00 call (2.14K contracts) and the $50.00 put (398 contracts).

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

CTSH options chain · January 21, 2028

CTSH 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
123	242	86.1%	35.10	34.50	39.50	22.50	0.10	2.25	1.31	65.6%	4	14
37	3	95.7%	31.69	37.50	40.20	25.00	0.60	2.45	1.62	63.9%	4	57
0	10	—	32.00	0.00	0.00	27.50	0.80	2.75	0.80	60.6%	2	28
60	3	52.6%	30.00	28.50	33.00	30.00	0.80	3.50	1.39	58.6%	37	168
39	1	74.8%	14.00	30.10	33.30	32.50	0.00	5.00	1.70	56.1%	6	43
21	4	77.3%	14.08	28.80	32.40	35.00	0.00	0.00	2.82	12.5%	1	0
58	94	64.0%	28.05	22.50	27.00	37.50	1.05	3.90	2.55	55.3%	50	77
105	1	50.5%	21.00	20.90	25.50	40.00	0.50	5.50	3.26	59.3%	35	387
61	1	60.6%	21.16	19.00	23.50	42.50	3.20	4.90	4.30	50.5%	4	80
93	3	59.8%	19.40	17.50	22.00	45.00	2.50	7.00	4.86	55.9%	2	243
8	1	63.0%	8.60	19.90	22.90	47.50	2.50	7.50	6.00	52.8%	8	52
370	1	52.6%	17.37	16.30	17.90	50.00	5.60	7.00	6.07	45.1%	20	398
666	12	56.0%	14.90	13.00	17.50	52.50	4.50	8.10	7.00	44.6%	3	35
61	1	56.3%	14.74	13.30	16.50	55.00	7.40	9.60	8.95	45.4%	28	65
310	1	49.6%	12.80	12.30	13.80	57.50	0.00	0.00	12.61	0.8%	10	0
CTSH $59.20
58	2	50.0%	13.00	10.20	12.90	60.00	9.80	12.10	11.50	43.9%	10	81
373	2	49.3%	11.20	10.10	11.80	62.50	14.50	19.50	16.28	56.6%	20	24
90	1	53.2%	11.24	8.20	12.00	65.00	12.90	15.30	14.45	43.9%	1	39
8	1	54.3%	13.65	6.50	11.50	67.50	25.40	28.00	25.95	80.7%	2	2
79	1	51.4%	11.50	5.90	10.00	70.00	14.50	19.00	18.50	44.7%	5	81
90	29	49.8%	7.50	6.00	8.90	72.50	14.50	19.00	5.30	37.7%	4	12
2,136	47	44.6%	6.60	5.90	6.90	75.00	17.30	20.80	30.90	37.3%	1	43
0	271	6.3%	7.85	0.00	0.00	77.50	26.00	30.50	20.50	58.4%	2	28
27	1	50.8%	5.20	4.00	7.40	80.00	21.50	26.50	25.50	44.2%	1	221
0	1	6.3%	5.51	0.00	0.00	82.50	0.00	0.00	21.36	—	103	0
18	1	52.2%	4.40	2.70	6.80	85.00	0.00	0.00	35.12	—	22	0
43	2	52.4%	2.30	4.80	8.00	87.50	11.00	15.50	14.70	—	—	1
18	1	52.0%	4.70	2.75	5.90	90.00	0.00	0.00	36.98	—	42	0
2	—	52.2%	1.40	4.00	7.10	92.50	21.50	26.50	17.80	—	2	4
14	15	53.4%	5.85	0.95	5.50	95.00	0.00	0.00	44.40	—	—	0
27	2	50.5%	4.00	0.40	4.20	100.00	0.00	0.00	49.68	—	1	0
413	32	56.2%	2.85	1.55	4.90	105.00	0.00	0.00	53.82	—	—	0
10	5	51.5%	2.10	0.55	3.40	110.00	—	—	—	—	—	—
14	1	55.2%	3.00	0.00	3.70	115.00	—	—	—	—	—	—
55	4	50.5%	2.00	0.10	4.80	120.00	—	—	—	—	—	—
246	1	52.6%	1.00	0.00	5.00	125.00	—	—	—	—	—	—

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 CTSH put/call ratio?

For the January 21, 2028 expiration, the CTSH put/call ratio based on open interest is 0.38 (2,183 puts vs 5,733 calls), and 0.54 based on today's volume. A ratio above 1 means more puts than calls.

What is CTSH's implied volatility?

At-the-money implied volatility for CTSH options expiring January 21, 2028 is about 46.9%, an annualized estimate of how much the market expects Cognizant Technology Solutions stock to move.

How many CTSH option expiration dates are there?

CTSH has 10 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.