Incyte (INCY) Options Chain

NASDAQ: INCYHealth CareBiotechnology: Commercial Physical & Biological ResarchUSD

112.79+0.04 (+0.04%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $112.79
Put/call ratio (OI): 4.66
Put/call ratio (volume): 4.80
ATM implied volatility: 55.1%
Expected move: ±$26.84
Open interest (C / P): 2.67K / 12.43K

INCY options summary

The INCY options chain for the December 18, 2026 expiration lists 33 call and 22 put contracts, with 68 days until expiration. Open interest stands at 2,666 calls and 12,431 puts, a put/call ratio of 4.66, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $115.00 strike is 55.1%, which implies the market expects a move of about ±$26.84 (23.8%) in Incyte stock by expiration.

The most open interest sits at the $130.00 call (575 contracts) and the $95.00 put (5.03K contracts).

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

INCY options chain · December 18, 2026

INCY 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
1	1	—	51.10	52.50	56.50	45.00	—	—	—	—	—	—
0	1	—	47.70	53.50	56.30	50.00	—	—	—	—	—	—
0	—	—	66.82	0.00	0.00	55.00	—	—	—	—	—	—
—	—	—	—	—	—	60.00	0.00	2.75	0.85	104.4%	1	3
0	1	—	36.00	0.00	0.00	65.00	0.00	2.55	0.95	91.5%	1	8
3	3	114.5%	40.51	44.70	48.70	70.00	0.00	0.00	0.50	25.0%	1	0
2	—	194.8%	55.45	51.00	54.90	75.00	0.00	0.00	2.55	25.0%	1	0
—	—	—	—	—	—	77.50	0.00	2.25	0.20	65.0%	5	16
0	10	—	26.42	0.00	0.00	80.00	0.25	2.15	0.75	61.7%	2	28
—	—	—	—	—	—	82.50	0.00	3.20	0.61	62.3%	5	831
31	2	60.1%	43.28	27.70	31.50	85.00	0.00	0.00	0.80	12.5%	4	0
1	—	—	18.45	15.20	19.10	87.50	0.00	0.00	1.55	12.5%	3	0
14	5	56.2%	35.70	23.30	27.00	90.00	0.00	2.90	1.00	60.9%	1	17
2	1	53.3%	37.70	20.80	24.90	92.50	0.35	3.70	1.05	62.1%	1	19
7	1	52.0%	34.13	18.70	22.90	95.00	0.45	4.60	2.50	63.3%	774	5,032
7	2	51.0%	18.40	16.80	20.90	97.50	0.90	4.90	1.50	59.9%	3	19
19	1	50.2%	16.00	14.90	19.10	100.00	1.55	5.60	2.95	58.8%	34	82
324	1	59.9%	14.30	11.70	15.60	105.00	2.90	7.10	4.43	56.0%	1	425
62	11	58.4%	11.00	8.70	12.70	110.00	5.00	9.10	6.40	54.1%	19	4,010
INCY $112.79
281	34	57.2%	8.30	6.30	10.20	115.00	7.50	11.60	8.55	53.1%	1	50
147	1	56.9%	6.60	4.30	8.20	120.00	10.40	14.40	12.79	51.6%	1	1,544
509	21	50.5%	4.45	3.40	5.40	125.00	13.80	17.90	10.50	52.1%	26	334
575	1	57.8%	3.55	1.40	5.40	130.00	17.70	21.70	11.90	52.6%	5	10
69	4	54.1%	1.95	2.00	3.70	135.00	21.90	26.00	15.16	54.7%	3	3
151	15	62.4%	1.95	0.00	4.10	140.00	—	—	—	—	—	—
124	51	50.4%	1.40	0.00	3.50	145.00	—	—	—	—	—	—
127	4	55.8%	2.66	0.50	3.20	150.00	—	—	—	—	—	—
40	1	56.1%	2.05	0.00	2.90	155.00	52.20	56.10	57.05	123.7%	—	0
22	1	58.9%	1.80	0.00	2.70	160.00	—	—	—	—	—	—
22	1	61.9%	1.10	0.00	2.60	165.00	—	—	—	—	—	—
14	2	63.2%	1.13	0.00	2.25	170.00	—	—	—	—	—	—
50	1	67.4%	0.53	0.00	2.40	175.00	—	—	—	—	—	—
6	5	66.3%	0.70	0.00	1.80	180.00	—	—	—	—	—	—
54	2	72.8%	0.71	0.00	2.30	185.00	—	—	—	—	—	—
1	1	71.6%	0.50	0.00	1.75	190.00	—	—	—	—	—	—
1	1	73.4%	0.45	0.00	1.65	195.00	—	—	—	—	—	—

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 INCY put/call ratio?

For the December 18, 2026 expiration, the INCY put/call ratio based on open interest is 4.66 (12,431 puts vs 2,666 calls), and 4.80 based on today's volume. A ratio above 1 means more puts than calls.

What is INCY's implied volatility?

At-the-money implied volatility for INCY options expiring December 18, 2026 is about 55.1%, an annualized estimate of how much the market expects Incyte stock to move.

How many INCY option expiration dates are there?

INCY has 6 listed expiration dates, from Oct 16, 2026 to Dec 17, 2027.

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.