Iridium Communications (IRDM) Options Chain

NASDAQ: IRDMConsumer DiscretionaryTelecommunications EquipmentUSD

47.47-0.09 (-0.19%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 97
Share price: $47.47
Put/call ratio (OI): 0.58
Put/call ratio (volume): 1.21
ATM implied volatility: 45.5%
Expected move: ±$11.12
Open interest (C / P): 4.27K / 2.47K

IRDM options summary

The IRDM options chain for the January 15, 2027 expiration lists 13 call and 11 put contracts, with 97 days until expiration. Open interest stands at 4,270 calls and 2,469 puts, a put/call ratio of 0.58, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $45.00 strike is 45.5%, which implies the market expects a move of about ±$11.12 (23.4%) in Iridium Communications stock by expiration.

The most open interest sits at the $60.00 call (1.47K contracts) and the $45.00 put (1.07K contracts).

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

IRDM options chain · January 15, 2027

IRDM 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
5	2	83.3%	30.82	23.30	27.10	22.50	0.00	0.10	0.10	65.2%	5	52
0	1	—	24.85	0.00	0.00	25.00	0.00	0.10	0.05	56.6%	50	135
75	19	62.9%	16.98	16.10	19.70	30.00	0.00	0.40	0.10	53.1%	3	217
62	2	50.5%	12.42	11.50	14.70	35.00	0.10	0.65	0.20	51.0%	1	117
46	1	61.2%	8.20	7.40	10.00	40.00	0.40	0.80	0.70	36.4%	1	678
416	5	50.2%	4.99	4.20	6.10	45.00	1.65	2.75	2.35	40.7%	5	1,074
IRDM $47.47
325	4	40.4%	2.40	2.20	2.90	50.00	3.90	5.50	5.30	41.1%	10	110
1,255	4	41.6%	1.16	1.00	1.60	55.00	7.80	10.40	7.80	56.1%	2	83
1,472	4	44.9%	0.30	0.40	1.00	60.00	0.00	0.00	13.50	—	1	0
124	1	50.6%	0.64	0.05	0.80	65.00	16.40	19.50	14.90	68.3%	1	2
217	2	57.4%	0.53	0.00	0.75	70.00	20.70	24.50	23.20	77.2%	2	1
203	18	54.1%	0.20	0.00	0.70	75.00	—	—	—	—	—	—
70	4	58.9%	0.10	0.00	0.65	80.00	—	—	—	—	—	—

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 IRDM put/call ratio?

For the January 15, 2027 expiration, the IRDM put/call ratio based on open interest is 0.58 (2,469 puts vs 4,270 calls), and 1.21 based on today's volume. A ratio above 1 means more puts than calls.

What is IRDM's implied volatility?

At-the-money implied volatility for IRDM options expiring January 15, 2027 is about 45.5%, an annualized estimate of how much the market expects Iridium Communications stock to move.

How many IRDM option expiration dates are there?

IRDM 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.