Electrovaya (ELVA) Options Chain
NASDAQ: ELVAMiscellaneousIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $5.75
- Put/call ratio (OI)
- 0.91
- Put/call ratio (volume)
- 0.27
- ATM implied volatility
- 107.5%
- Expected move
- ±$2.05
- Open interest (C / P)
- 1.39K / 1.27K
ELVA options summary
The ELVA options chain for the November 20, 2026 expiration lists 9 call and 6 put contracts, with 40 days until expiration. Open interest stands at 1,392 calls and 1,266 puts, a put/call ratio of 0.91, which is fairly balanced between calls and puts. At-the-money implied volatility near the $5.00 strike is 107.5%, which implies the market expects a move of about ±$2.05 (35.6%) in Electrovaya stock by expiration.
The most open interest sits at the $12.50 call (473 contracts) and the $7.50 put (1.02K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
ELVA options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.67 | 0.00 | 0.00 | 2.50 | 0.00 | 0.00 | 0.01 | |||||
| 2.00 | 0.35 | 2.00 | 5.00 | 0.00 | 0.95 | 0.34 | |||||
| 0.25 | 0.00 | 0.50 | 7.50 | 1.70 | 2.20 | 1.90 | |||||
| 0.15 | 0.00 | 0.25 | 10.00 | 4.00 | 4.60 | 3.38 | |||||
| 0.05 | 0.00 | 0.75 | 12.50 | 5.90 | 8.70 | 6.98 | |||||
| 0.13 | 0.00 | 0.75 | 15.00 | 7.30 | 9.90 | 6.10 | |||||
| 0.40 | 0.00 | 0.45 | 17.50 | — | — | — | |||||
| 0.10 | 0.00 | 0.00 | 20.00 | — | — | — | |||||
| 0.75 | 0.00 | 1.25 | 25.00 | — | — | — | |||||
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 ELVA put/call ratio?
For the November 20, 2026 expiration, the ELVA put/call ratio based on open interest is 0.91 (1,266 puts vs 1,392 calls), and 0.27 based on today's volume. A ratio above 1 means more puts than calls.
What is ELVA's implied volatility?
At-the-money implied volatility for ELVA options expiring November 20, 2026 is about 107.5%, an annualized estimate of how much the market expects Electrovaya stock to move.
How many ELVA option expiration dates are there?
ELVA has 4 listed expiration dates, from Oct 16, 2026 to May 21, 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.