Shift4 Payments (FOUR) Options Chain

NYSE: FOURConsumer DiscretionaryBusiness ServicesUSD

40.00+0.48 (+1.21%)

At close: Oct 9, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 69
Share price: $40.00
Put/call ratio (OI): 0.46
Put/call ratio (volume): 0.85
ATM implied volatility: 66.9%
Expected move: ±$11.63
Open interest (C / P): 6.56K / 2.99K

FOUR options summary

The FOUR options chain for the December 18, 2026 expiration lists 17 call and 16 put contracts, with 69 days until expiration. Open interest stands at 6,563 calls and 2,994 puts, a put/call ratio of 0.46, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 66.9%, which implies the market expects a move of about ±$11.63 (29.1%) in Shift4 Payments stock by expiration.

The most open interest sits at the $50.00 call (4.36K contracts) and the $50.00 put (1.17K contracts).

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

FOUR options chain · December 18, 2026

FOUR 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
—	—	—	—	—	—	20.00	0.00	0.15	0.23	78.5%	50	94
27	2	176.6%	21.63	18.90	21.90	22.50	0.05	0.70	0.35	90.7%	3	40
123	25	69.8%	14.05	14.40	16.10	25.00	0.10	0.45	0.60	71.3%	3	108
41	6	72.2%	10.75	9.90	12.20	30.00	0.65	1.50	1.35	72.8%	10	336
93	33	68.1%	5.80	6.90	7.80	35.00	2.10	2.75	2.40	69.4%	3	446
FOUR $40.00
289	1	65.1%	4.70	3.90	5.10	40.00	4.30	5.20	5.20	68.7%	5	413
309	16	66.0%	2.60	2.40	3.10	45.00	7.30	8.60	9.00	69.0%	2	130
4,360	17	67.0%	1.45	1.20	2.10	50.00	11.20	12.40	15.15	69.6%	3	1,169
197	9	66.5%	0.63	0.50	1.35	55.00	14.90	17.20	17.64	69.4%	1	84
447	4	69.1%	0.55	0.30	0.90	60.00	19.50	21.80	22.00	70.7%	1	97
157	1	70.5%	0.36	0.05	0.70	65.00	24.10	26.80	23.05	73.4%	2	16
60	1	72.5%	0.27	0.05	0.45	70.00	29.00	31.70	33.26	77.3%	15	30
178	5	76.2%	0.15	0.00	0.40	75.00	33.90	36.60	36.95	79.3%	2	10
194	10	82.2%	0.10	0.00	0.40	80.00	38.90	41.40	42.38	78.7%	4	21
26	1	85.9%	0.10	0.00	0.35	85.00	0.00	0.00	42.45	—	10	0
0	3	50.0%	1.94	0.00	0.00	90.00	0.00	0.00	47.10	—	2	0
5	1	93.8%	0.10	0.00	0.30	95.00	—	—	—	—	—	—
57	2	95.7%	0.95	0.05	0.20	100.00	—	—	—	—	—	—

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 FOUR put/call ratio?

For the December 18, 2026 expiration, the FOUR put/call ratio based on open interest is 0.46 (2,994 puts vs 6,563 calls), and 0.85 based on today's volume. A ratio above 1 means more puts than calls.

What is FOUR's implied volatility?

At-the-money implied volatility for FOUR options expiring December 18, 2026 is about 66.9%, an annualized estimate of how much the market expects Shift4 Payments stock to move.

How many FOUR option expiration dates are there?

FOUR has 8 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.