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: Jan 21, 2028
Days to expiration: 468
Share price: $2.94
Put/call ratio (OI): 0.16
Put/call ratio (volume): 0.02
ATM implied volatility: 159.2%
Expected move: ±$5.30
Open interest (C / P): 4.45K / 698

CYPH options summary

The CYPH options chain for the January 21, 2028 expiration lists 12 call and 8 put contracts, with 468 days until expiration. Open interest stands at 4,448 calls and 698 puts, a put/call ratio of 0.16, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $3.00 strike is 159.2%, which implies the market expects a move of about ±$5.30 (180.2%) in Cypherpunk Technologies stock by expiration.

The most open interest sits at the $7.50 call (1.45K contracts) and the $2.50 put (416 contracts).

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

CYPH options chain · January 21, 2028

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
26	2	371.9%	2.60	2.60	3.20	0.50	0.00	1.00	0.16	—	—	5
16	7	168.0%	2.60	1.90	2.90	1.00	0.00	1.00	0.33	177.3%	—	1
141	121	177.7%	1.95	1.80	2.80	1.50	0.00	0.95	0.68	115.2%	—	0
15	—	164.8%	3.00	1.60	2.60	2.00	—	—	—	—	—	—
1,022	617	172.3%	1.83	1.55	2.55	2.50	1.00	1.55	1.43	132.4%	2	416
CYPH $2.94
15	3	159.2%	2.03	1.35	2.35	3.00	—	—	—	—	—	—
2	—	162.9%	2.42	1.30	2.30	3.50	1.70	2.70	2.10	146.5%	—	10
244	310	157.6%	1.60	1.30	2.05	4.00	2.35	2.65	2.60	135.9%	35	106
5	2	157.0%	2.59	1.10	2.10	4.50	—	—	—	—	—	—
849	325	158.0%	1.30	1.05	2.05	5.00	2.80	3.80	3.30	131.6%	1	150
663	642	158.6%	1.80	1.00	2.00	5.50	—	—	—	—	—	—
1,450	51	155.1%	1.50	1.05	1.50	7.50	5.00	6.00	5.50	129.2%	—	10

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 January 21, 2028 expiration, the CYPH put/call ratio based on open interest is 0.16 (698 puts vs 4,448 calls), and 0.02 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 January 21, 2028 is about 159.2%, 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.