Draganfly (DPRO) Options Chain

NASDAQ: DPROIndustrialsAerospaceUSD

4.40-0.17 (-3.72%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 469
Share price: $4.40
Put/call ratio (OI): 0.26
Put/call ratio (volume): 1.18
ATM implied volatility: 88.9%
Expected move: ±$4.43
Open interest (C / P): 10.34K / 2.70K

DPRO options summary

The DPRO options chain for the January 21, 2028 expiration lists 10 call and 8 put contracts, with 469 days until expiration. Open interest stands at 10,344 calls and 2,704 puts, a put/call ratio of 0.26, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 88.9%, which implies the market expects a move of about ±$4.43 (100.7%) in Draganfly stock by expiration.

The most open interest sits at the $10.00 call (3.02K contracts) and the $10.00 put (1.28K contracts).

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

DPRO options chain · January 21, 2028

DPRO 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
879	2	92.2%	2.40	2.25	2.75	2.50	0.45	0.55	0.01	83.4%	2	441
DPRO $4.40
2,918	13	90.2%	1.55	1.35	1.75	5.00	1.90	2.30	2.02	87.5%	5	317
1,302	12	92.7%	1.20	1.00	1.20	7.50	3.40	4.50	3.50	80.2%	10	460
3,024	14	84.9%	0.81	0.40	0.90	10.00	5.90	6.30	6.05	76.6%	1	1,283
269	2	98.0%	0.84	0.00	1.40	12.50	5.90	8.70	9.25	92.7%	40	171
960	3	206.0%	0.67	0.35	4.80	15.00	8.70	11.60	10.80	122.1%	1	10
218	1	91.2%	0.50	0.05	0.65	17.50	11.60	15.50	13.00	98.0%	—	12
230	1	92.8%	0.72	0.05	0.55	20.00	—	—	—	—	—	—
11	2	206.3%	0.70	0.00	4.60	22.50	—	—	—	—	—	—
533	1	126.9%	0.30	0.10	1.30	25.00	18.00	23.00	21.30	216.1%	1	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 DPRO put/call ratio?

For the January 21, 2028 expiration, the DPRO put/call ratio based on open interest is 0.26 (2,704 puts vs 10,344 calls), and 1.18 based on today's volume. A ratio above 1 means more puts than calls.

What is DPRO's implied volatility?

At-the-money implied volatility for DPRO options expiring January 21, 2028 is about 88.9%, an annualized estimate of how much the market expects Draganfly stock to move.

How many DPRO option expiration dates are there?

DPRO 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.