Cypherpunk Technologies (CYPH) Options Chain

NASDAQ: CYPHHealth CareBiotechnology: Pharmaceutical PreparationsUSD

2.94+0.13 (+4.63%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $2.94
Put/call ratio (OI): 1.32
Put/call ratio (volume): 5.01
ATM implied volatility: 172.3%
Expected move: ±$1.68
Open interest (C / P): 3.66K / 4.84K

CYPH options summary

The CYPH options chain for the November 20, 2026 expiration lists 12 call and 7 put contracts, with 40 days until expiration. Open interest stands at 3,661 calls and 4,843 puts, a put/call ratio of 1.32, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $3.00 strike is 172.3%, which implies the market expects a move of about ±$1.68 (57.0%) in Cypherpunk Technologies stock by expiration.

The most open interest sits at the $5.00 call (2.02K contracts) and the $2.50 put (3.53K contracts).

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

CYPH options chain · November 20, 2026

CYPH 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
4	2	275.0%	2.24	1.95	2.95	0.50	—	—	—	—	—	—
1	—	215.6%	2.60	1.60	2.35	1.00	—	—	—	—	—	—
20	1	182.8%	1.90	1.15	1.90	1.50	—	—	—	—	—	—
37	2	203.1%	0.90	0.90	1.55	2.00	0.10	0.40	0.18	189.8%	279	388
297	2	168.8%	0.85	0.60	1.10	2.50	0.30	0.45	0.36	158.6%	565	3,534
CYPH $2.94
2	1	180.1%	0.70	0.40	0.95	3.00	0.60	0.75	0.64	164.4%	170	440
44	35	150.8%	0.45	0.25	0.55	3.50	0.65	1.35	1.15	160.9%	2	355
390	36	148.4%	0.36	0.20	0.35	4.00	—	—	1.15	—	—	—
112	10	143.0%	0.45	0.00	0.35	4.50	—	—	—	—	—	—
2,022	2	177.3%	0.23	0.10	0.35	5.00	2.00	2.40	1.95	149.6%	1	126
83	12	168.8%	0.17	0.05	0.25	5.50	—	—	—	—	—	—
649	100	182.0%	0.10	0.00	0.15	7.50	—	—	4.30	—	—	—

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 CYPH put/call ratio?

For the November 20, 2026 expiration, the CYPH put/call ratio based on open interest is 1.32 (4,843 puts vs 3,661 calls), and 5.01 based on today's volume. A ratio above 1 means more puts than calls.

What is CYPH's implied volatility?

At-the-money implied volatility for CYPH options expiring November 20, 2026 is about 172.3%, an annualized estimate of how much the market expects Cypherpunk Technologies stock to move.

How many CYPH option expiration dates are there?

CYPH 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.