Kodiak Sciences (KOD) Options Chain

NASDAQ: KODHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD

99.87+5.61 (+5.95%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $99.87
Put/call ratio (OI): 0.56
Put/call ratio (volume): 3.74
ATM implied volatility: 66.0%
Expected move: ±$21.82
Open interest (C / P): 3.23K / 1.82K

KOD options summary

The KOD options chain for the November 20, 2026 expiration lists 30 call and 31 put contracts, with 40 days until expiration. Open interest stands at 3,232 calls and 1,819 puts, a put/call ratio of 0.56, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $100.00 strike is 66.0%, which implies the market expects a move of about ±$21.82 (21.8%) in Kodiak Sciences stock by expiration.

The most open interest sits at the $41.00 call (841 contracts) and the $45.00 put (504 contracts).

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

KOD options chain · November 20, 2026

KOD 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
—	—	—	—	—	—	20.00	0.00	0.05	0.05	176.6%	1	36
1	—	315.1%	65.30	72.50	77.00	25.00	0.00	0.30	0.05	188.3%	1,135	393
—	—	—	—	—	—	26.00	0.00	2.45	0.15	266.6%	3	3
—	—	—	—	—	—	27.00	0.00	4.90	0.20	310.3%	2	2
1	1	169.9%	71.57	70.00	74.00	28.00	0.00	4.90	6.10	302.1%	6	7
41	1	135.2%	61.43	67.60	72.20	30.00	0.00	0.25	0.25	160.2%	10	42
2	1	257.9%	55.90	66.50	70.70	31.00	0.00	4.90	0.01	279.4%	10	19
31	29	261.9%	50.61	65.50	70.00	32.00	0.00	4.90	0.05	272.4%	29	27
3	3	125.0%	42.95	65.00	68.80	33.00	0.00	4.90	0.15	265.7%	11	16
9	14	145.1%	65.67	64.00	68.00	34.00	0.00	4.90	0.20	259.2%	5	0
14	15	141.4%	64.83	63.00	67.00	35.00	—	—	—	—	—	—
1	—	137.9%	8.70	62.00	66.00	36.00	—	—	—	—	—	—
1	—	226.0%	8.10	59.60	64.00	38.00	—	—	—	—	—	—
1	1	127.7%	52.60	59.00	63.00	39.00	0.00	0.55	0.50	143.0%	—	16
1	20	124.6%	59.78	58.00	62.00	40.00	0.00	4.90	1.50	224.2%	—	4
841	20	121.5%	58.61	57.00	61.00	41.00	0.00	4.90	0.03	218.9%	2	35
9	22	109.6%	47.00	53.00	57.00	45.00	0.00	0.40	0.05	116.9%	16	504
—	—	—	—	—	—	50.00	0.10	0.20	0.20	98.4%	1	131
1	1	60.2%	31.60	38.00	41.80	60.00	0.30	0.60	0.45	90.6%	13	17
—	—	—	—	—	—	65.00	0.05	1.30	0.89	85.5%	21	62
8	1	69.3%	28.53	28.50	32.30	70.00	0.55	1.30	0.95	79.2%	139	37
—	—	—	19.23	—	—	75.00	1.40	1.60	1.60	77.1%	85	80
—	—	—	16.30	—	—	80.00	1.00	3.50	2.49	74.2%	11	65
36	5	73.4%	14.70	16.40	20.30	85.00	2.95	3.90	3.50	72.9%	38	72
40	17	70.0%	10.90	12.50	16.80	90.00	5.00	5.90	5.20	75.8%	37	109
276	11	64.9%	11.80	9.50	12.70	95.00	6.10	7.60	7.30	69.9%	67	64
KOD $99.87
88	37	65.0%	10.00	7.10	10.10	100.00	8.20	9.80	9.95	67.0%	5	36
559	3	69.5%	7.30	6.10	8.20	105.00	10.80	12.80	12.50	65.9%	2	31
270	6	70.4%	5.77	3.70	7.50	110.00	—	—	22.00	—	—	—
182	7	70.3%	4.50	3.00	5.50	115.00	18.10	21.00	29.70	71.7%	—	1
789	206	69.3%	3.22	1.40	4.80	120.00	—	—	30.87	—	—	—
—	—	—	2.00	—	—	125.00	—	—	32.50	—	—	—
7	5	73.4%	1.95	0.55	3.50	130.00	30.40	33.50	40.17	71.0%	1	7
17	4	71.8%	1.70	0.65	2.15	135.00	—	—	—	—	—	—
3	13	70.8%	1.10	0.30	1.65	140.00	39.00	43.00	46.30	69.0%	6	3

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 KOD put/call ratio?

For the November 20, 2026 expiration, the KOD put/call ratio based on open interest is 0.56 (1,819 puts vs 3,232 calls), and 3.74 based on today's volume. A ratio above 1 means more puts than calls.

What is KOD's implied volatility?

At-the-money implied volatility for KOD options expiring November 20, 2026 is about 66.0%, an annualized estimate of how much the market expects Kodiak Sciences stock to move.

How many KOD option expiration dates are there?

KOD has 5 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.