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: Jan 15, 2027
Days to expiration: 97
Share price: $40.00
Put/call ratio (OI): 0.32
Put/call ratio (volume): 0.84
ATM implied volatility: 64.1%
Expected move: ±$13.21
Open interest (C / P): 23.64K / 7.68K

FOUR options summary

The FOUR options chain for the January 15, 2027 expiration lists 41 call and 33 put contracts, with 97 days until expiration. Open interest stands at 23,638 calls and 7,678 puts, a put/call ratio of 0.32, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 64.1%, which implies the market expects a move of about ±$13.21 (33.0%) in Shift4 Payments stock by expiration.

The most open interest sits at the $180.00 call (3.53K contracts) and the $35.00 put (2.21K contracts).

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

FOUR options chain · January 15, 2027

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
2	—	308.4%	23.99	27.10	29.90	20.00	0.05	0.60	0.33	86.3%	10	73
57	1	62.8%	21.40	16.50	18.80	22.50	0.05	0.75	0.55	77.3%	1	38
67	2	67.3%	12.10	14.30	16.60	25.00	0.35	1.00	0.75	75.2%	4	161
704	10	70.7%	10.20	10.70	12.40	30.00	1.15	1.70	1.42	68.3%	150	252
600	20	66.4%	7.95	7.30	8.70	35.00	2.55	3.30	3.10	65.4%	3	2,213
FOUR $40.00
593	84	63.2%	5.01	4.70	5.70	40.00	5.00	5.70	5.52	65.0%	20	1,033
150	1	63.7%	4.59	3.80	4.70	42.50	5.90	7.30	8.30	61.9%	1	1,116
310	32	65.9%	3.20	3.00	4.20	45.00	7.90	9.20	11.45	65.3%	1	1,055
151	2	63.2%	2.20	2.20	3.20	47.50	9.30	11.00	10.95	62.6%	1	123
1,201	70	65.0%	2.10	1.85	2.70	50.00	11.60	12.80	13.70	64.0%	1	394
231	4	61.7%	1.35	0.80	1.70	55.00	15.50	17.00	19.75	61.7%	1	146
2,507	3	63.2%	0.55	0.35	1.30	60.00	19.90	21.80	22.34	63.8%	1	406
1,210	18	61.6%	0.43	0.30	0.60	65.00	24.20	26.90	28.80	64.5%	2	207
1,157	3	66.7%	0.35	0.05	0.75	70.00	29.20	31.30	33.61	60.8%	1	92
634	2	66.5%	0.25	0.05	0.45	75.00	34.40	36.40	38.95	72.7%	115	103
65	1	63.5%	0.35	0.05	0.25	77.50	28.80	31.20	35.70	—	2	24
2,358	2	76.2%	0.05	0.00	0.70	80.00	38.90	41.60	43.69	71.8%	2	123
33	1	72.8%	0.10	0.00	0.45	82.50	34.60	39.00	25.70	—	17	19
139	21	66.4%	0.05	0.00	0.20	85.00	43.90	46.60	42.75	76.6%	1	0
34	1	75.9%	0.15	0.00	0.40	87.50	46.40	49.00	48.98	76.1%	2	2
933	2	78.0%	0.15	0.00	0.40	90.00	48.90	51.50	51.39	78.2%	1	1
12	2	78.5%	0.06	0.00	0.35	92.50	49.80	52.50	54.00	50.0%	1	2
1,024	3	92.2%	1.40	0.05	0.75	95.00	21.80	25.30	20.19	—	1	9
58	3	94.2%	0.95	0.10	0.70	97.50	0.00	0.00	51.50	—	1	0
0	1	50.0%	0.30	0.00	0.00	100.00	50.50	53.70	55.33	—	4	80
0	2	50.0%	0.19	0.00	0.00	105.00	0.00	0.00	59.40	—	2	0
0	14	50.0%	0.10	0.00	0.00	110.00	60.00	63.20	68.50	—	1	0
79	1	92.2%	0.05	0.00	0.30	115.00	50.00	54.00	47.40	—	—	1
68	14	97.2%	0.54	0.00	0.35	120.00	0.00	0.00	74.40	—	1	0
333	2	97.8%	0.05	0.00	0.30	125.00	30.50	33.50	35.44	—	3	4
160	23	92.2%	0.36	0.00	0.15	130.00	—	—	—	—	—	—
41	12	112.3%	0.31	0.00	0.55	135.00	—	—	—	—	—	—
0	20	50.0%	0.05	0.00	0.00	140.00	—	—	—	—	—	—
11	2	132.0%	0.40	0.00	1.15	145.00	—	—	—	—	—	—
0	1	50.0%	0.08	0.00	0.00	150.00	—	—	—	—	—	—
41	1	106.8%	0.25	0.00	0.20	155.00	—	—	—	—	—	—
82	1	111.9%	0.05	0.00	0.25	160.00	—	—	—	—	—	—
0	5	50.0%	0.05	0.00	0.00	165.00	—	—	—	—	—	—
2,408	1	126.7%	1.12	0.00	0.50	170.00	120.20	124.00	120.10	—	1	0
2,658	1	133.5%	0.10	0.00	0.65	175.00	133.90	136.50	135.46	125.2%	1	1
3,527	30	116.4%	0.20	0.00	0.20	180.00	138.90	141.60	140.49	130.9%	1	0

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 January 15, 2027 expiration, the FOUR put/call ratio based on open interest is 0.32 (7,678 puts vs 23,638 calls), and 0.84 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 January 15, 2027 is about 64.1%, 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.