Innoviva (INVA) Options Chain

NASDAQ: INVAHealth CareBiotechnology: Pharmaceutical PreparationsUSD

21.21+0.34 (+1.63%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $21.21
Put/call ratio (OI): 1.02
Put/call ratio (volume): 1.82
ATM implied volatility: 59.0%
Expected move: ±$8.26
Open interest (C / P): 418 / 425

INVA options summary

The INVA options chain for the March 19, 2027 expiration lists 6 call and 3 put contracts, with 159 days until expiration. Open interest stands at 418 calls and 425 puts, a put/call ratio of 1.02, which is fairly balanced between calls and puts. At-the-money implied volatility near the $20.00 strike is 59.0%, which implies the market expects a move of about ±$8.26 (38.9%) in Innoviva stock by expiration.

The most open interest sits at the $20.00 call (153 contracts) and the $17.50 put (328 contracts).

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

INVA options chain · March 19, 2027

INVA 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
8	6	70.9%	8.60	8.00	9.20	12.50	—	—	—	—	—	—
5	1	47.3%	4.40	4.00	4.70	17.50	0.00	2.25	0.45	50.5%	84	328
153	10	62.2%	2.50	0.30	4.00	20.00	0.50	2.45	1.35	55.8%	15	16
INVA $21.21
133	57	62.1%	1.35	0.25	2.95	22.50	0.40	4.10	2.40	59.6%	39	81
118	2	42.2%	0.52	0.55	1.10	25.00	—	—	—	—	—	—
1	—	51.2%	0.35	0.00	1.35	30.00	—	—	—	—	—	—

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 INVA put/call ratio?

For the March 19, 2027 expiration, the INVA put/call ratio based on open interest is 1.02 (425 puts vs 418 calls), and 1.82 based on today's volume. A ratio above 1 means more puts than calls.

What is INVA's implied volatility?

At-the-money implied volatility for INVA options expiring March 19, 2027 is about 59.0%, an annualized estimate of how much the market expects Innoviva stock to move.

How many INVA option expiration dates are there?

INVA has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.