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 15, 2028
Days to expiration: 796
Share price: $40.00
Put/call ratio (OI): 0.08
Put/call ratio (volume): 0.02
ATM implied volatility: 67.8%
Expected move: ±$40.06
Open interest (C / P): 404 / 31

FOUR options summary

The FOUR options chain for the December 15, 2028 expiration lists 8 call and 4 put contracts, with 796 days until expiration. Open interest stands at 404 calls and 31 puts, a put/call ratio of 0.08, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 67.8%, which implies the market expects a move of about ±$40.06 (100.2%) in Shift4 Payments stock by expiration.

The most open interest sits at the $25.00 call (230 contracts) and the $35.00 put (12 contracts).

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

FOUR options chain · December 15, 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
108	196	70.1%	22.60	22.50	25.70	20.00	—	—	—	—	—	—
1	81	69.7%	21.14	21.00	24.40	22.50	—	—	—	—	—	—
230	108	70.0%	21.50	19.80	23.20	25.00	3.50	8.50	6.32	66.6%	1	2
53	—	68.8%	19.20	17.30	20.90	30.00	8.00	9.40	8.60	66.5%	—	11
—	—	—	—	—	—	35.00	8.50	13.50	11.68	62.7%	1	12
FOUR $40.00
2	1	67.8%	14.53	14.10	16.60	40.00	—	—	—	—	—	—
1	1	67.3%	14.67	12.00	15.60	45.00	—	—	—	—	—	—
7	1	67.3%	11.02	11.00	14.10	50.00	19.60	22.30	21.70	60.4%	5	6
2	1	67.1%	9.20	7.90	11.20	65.00	—	—	—	—	—	—

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 15, 2028 expiration, the FOUR put/call ratio based on open interest is 0.08 (31 puts vs 404 calls), and 0.02 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 15, 2028 is about 67.8%, 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.