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 21, 2028
Days to expiration: 468
Share price: $40.00
Put/call ratio (OI): 0.46
Put/call ratio (volume): 0.07
ATM implied volatility: 67.4%
Expected move: ±$30.53
Open interest (C / P): 13.39K / 6.14K

FOUR options summary

The FOUR options chain for the January 21, 2028 expiration lists 24 call and 24 put contracts, with 468 days until expiration. Open interest stands at 13,395 calls and 6,143 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 67.4%, which implies the market expects a move of about ±$30.53 (76.3%) in Shift4 Payments stock by expiration.

The most open interest sits at the $80.00 call (1.64K contracts) and the $80.00 put (1.23K contracts).

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

FOUR options chain · January 21, 2028

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
220	1	73.0%	22.00	20.80	24.20	20.00	1.10	3.40	2.75	70.0%	1	225
298	633	73.9%	20.30	18.50	23.50	22.50	2.85	3.70	3.60	71.7%	1	56
320	2	74.8%	19.40	17.40	21.90	25.00	3.90	5.10	4.80	73.5%	10	168
174	2	68.8%	16.77	14.60	18.00	30.00	6.00	6.50	6.50	68.5%	5	968
121	1	68.2%	14.00	12.40	15.50	35.00	8.20	10.20	9.00	69.9%	2	1,083
FOUR $40.00
633	2	69.5%	12.13	11.10	13.40	40.00	10.50	12.60	11.79	65.3%	1	303
336	1	66.6%	10.50	9.30	11.00	45.00	13.30	16.10	14.56	64.1%	1	90
1,531	23	67.2%	9.35	8.00	9.80	50.00	17.00	18.90	18.20	62.0%	1	244
150	1	66.2%	7.20	6.70	8.40	55.00	20.80	23.50	22.36	64.0%	1	97
353	110	66.3%	6.85	5.50	7.70	60.00	23.90	26.80	26.10	59.3%	1	166
425	4	65.9%	5.00	4.50	6.90	65.00	28.00	31.50	27.54	60.4%	8	83
800	3	64.2%	3.76	4.10	5.30	70.00	32.00	35.50	36.02	58.4%	4	756
780	1	64.1%	3.64	3.20	5.00	75.00	36.90	39.10	40.09	57.0%	2	583
1,638	7	63.7%	3.70	2.85	4.20	80.00	41.60	42.50	41.90	53.2%	15	1,232
605	2	64.3%	3.00	2.45	3.90	85.00	45.90	48.20	49.97	56.0%	1	62
179	1	66.4%	2.93	2.10	4.10	90.00	0.00	0.00	47.79	—	1	0
285	1	63.5%	2.80	1.80	2.95	95.00	0.00	0.00	51.18	—	2	0
1,123	1	64.3%	2.10	1.75	2.65	100.00	54.50	57.30	49.30	—	6	9
589	5	64.5%	1.90	1.55	2.40	105.00	58.40	61.20	59.02	—	2	12
923	5	63.9%	1.70	1.25	2.15	110.00	52.50	57.50	52.40	—	—	4
315	5	64.0%	1.50	1.10	1.95	115.00	0.00	0.00	73.00	—	2	0
527	100	65.2%	1.45	1.15	1.80	120.00	78.70	82.00	79.40	70.4%	1	0
207	1	64.7%	1.00	0.90	1.65	125.00	85.80	89.20	80.44	76.3%	1	2
863	100	65.3%	1.20	0.75	1.65	130.00	0.00	0.00	76.20	—	3	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 21, 2028 expiration, the FOUR put/call ratio based on open interest is 0.46 (6,143 puts vs 13,395 calls), and 0.07 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 21, 2028 is about 67.4%, 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.