Edwards Lifesciences (EW) Options Chain

NYSE: EWHealth CareIndustrial SpecialtiesUSD

85.21+0.97 (+1.15%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $85.21
Put/call ratio (OI): 3.00
Put/call ratio (volume): 3.02
ATM implied volatility: 34.9%
Expected move: ±$15.25
Open interest (C / P): 4.56K / 13.68K

EW options summary

The EW options chain for the January 15, 2027 expiration lists 34 call and 28 put contracts, with 96 days until expiration. Open interest stands at 4,558 calls and 13,683 puts, a put/call ratio of 3.00, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $85.00 strike is 34.9%, which implies the market expects a move of about ±$15.25 (17.9%) in Edwards Lifesciences stock by expiration.

The most open interest sits at the $100.00 call (788 contracts) and the $60.00 put (8.05K contracts).

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

EW options chain · January 15, 2027

EW 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
2	1	151.5%	53.70	52.00	57.50	32.50	0.00	2.15	0.10	128.1%	5	15
3	1	124.8%	49.00	49.00	54.00	35.00	0.00	2.25	0.50	120.7%	1	22
4	—	—	35.00	34.00	37.30	37.50	0.00	2.25	0.25	112.4%	1	14
2	2	96.3%	44.63	44.00	48.00	40.00	0.00	0.00	0.45	25.0%	1	0
1	—	—	31.00	30.00	34.00	42.50	0.00	0.00	0.50	25.0%	1	0
2	1	—	35.20	34.50	37.90	45.00	0.00	1.00	0.10	75.4%	1	23
—	—	—	—	—	—	47.50	0.60	2.95	1.10	95.6%	6	21
3	1	81.1%	33.83	33.50	36.50	50.00	0.00	1.75	0.75	73.4%	1	17
1	1	123.1%	30.60	35.00	37.70	55.00	0.00	0.00	0.30	25.0%	1	0
0	1	79.4%	29.75	28.00	32.50	57.50	0.00	0.00	0.55	12.5%	1	0
37	10	51.8%	27.40	24.30	27.80	60.00	0.00	1.75	0.65	52.4%	1	8,049
27	2	103.0%	35.00	27.90	30.70	62.50	0.10	0.85	0.50	47.2%	1	78
10	1	97.4%	31.00	25.60	28.50	65.00	0.05	0.90	0.45	43.3%	10	128
5	1	60.4%	16.52	18.00	20.80	67.50	1.20	1.90	2.45	49.6%	164	602
0	2	—	25.50	0.00	0.00	70.00	0.35	2.95	2.60	53.4%	5	1,739
19	2	84.4%	19.70	19.10	22.60	72.50	0.90	1.65	0.90	37.0%	5	46
58	2	46.5%	10.50	11.50	13.80	75.00	0.65	2.20	2.10	36.3%	1	252
10	5	41.8%	12.15	9.60	11.50	77.50	1.55	2.80	2.05	35.1%	15	399
88	4	40.0%	10.10	7.80	9.70	80.00	2.40	3.40	2.15	33.2%	1	1,058
0	2	—	12.30	0.00	0.00	82.50	2.80	4.50	3.50	33.4%	5	138
750	1	36.6%	5.20	5.30	6.50	85.00	4.00	5.70	5.20	33.2%	1	471
EW $85.21
379	1	40.0%	4.60	4.10	6.00	87.50	5.50	7.10	6.30	33.2%	1	27
271	8	39.7%	3.26	3.10	5.00	90.00	6.60	9.00	5.90	35.1%	1	289
71	1	38.7%	2.26	2.35	4.00	92.50	8.50	10.70	8.70	35.1%	4	251
337	4	36.5%	2.95	1.80	2.95	95.00	10.70	13.00	11.11	38.2%	4	8
65	15	34.9%	2.30	1.10	2.15	97.50	12.80	14.60	9.60	36.0%	5	5
788	2	36.5%	1.15	0.90	1.90	100.00	10.30	13.30	17.60	—	2	30
464	1	38.4%	1.30	0.35	1.40	105.00	24.40	28.00	20.66	73.1%	—	1
641	1	37.4%	0.61	0.25	0.80	110.00	—	—	—	—	—	—
472	1	44.3%	1.05	0.00	1.00	115.00	—	—	—	—	—	—
0	1	12.5%	0.70	0.00	0.00	120.00	—	—	—	—	—	—
0	1	12.5%	0.45	0.00	0.00	125.00	—	—	—	—	—	—
28	1	50.5%	0.05	0.00	1.20	130.00	—	—	—	—	—	—
9	1	53.4%	0.05	0.00	1.15	135.00	—	—	—	—	—	—
11	3	56.6%	0.05	0.00	1.15	140.00	—	—	—	—	—	—

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 EW put/call ratio?

For the January 15, 2027 expiration, the EW put/call ratio based on open interest is 3.00 (13,683 puts vs 4,558 calls), and 3.02 based on today's volume. A ratio above 1 means more puts than calls.

What is EW's implied volatility?

At-the-money implied volatility for EW options expiring January 15, 2027 is about 34.9%, an annualized estimate of how much the market expects Edwards Lifesciences stock to move.

How many EW option expiration dates are there?

EW has 11 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.