Lithium Americas (LAC) Options Chain

NYSE: LACBasic MaterialsMetal MiningUSD

2.35-0.01 (-0.42%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $2.35
Put/call ratio (OI): 0.12
Put/call ratio (volume): 0.12
ATM implied volatility: 73.0%
Expected move: ±$1.94
Open interest (C / P): 85.71K / 10.54K

LAC options summary

The LAC options chain for the January 21, 2028 expiration lists 17 call and 17 put contracts, with 468 days until expiration. Open interest stands at 85,706 calls and 10,545 puts, a put/call ratio of 0.12, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 73.0%, which implies the market expects a move of about ±$1.94 (82.6%) in Lithium Americas stock by expiration.

The most open interest sits at the $10.00 call (22.05K contracts) and the $4.00 put (2.39K contracts).

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

LAC options chain · January 21, 2028

LAC 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
561	1	65.6%	2.00	1.39	2.32	0.50	0.00	0.00	0.13	50.0%	1	0
603	10	96.1%	1.50	1.37	1.71	1.00	0.00	0.19	0.10	73.4%	20	18
925	1	98.0%	1.23	1.15	1.44	1.50	0.20	0.27	0.24	67.2%	1	8
2,773	33	80.3%	0.96	0.90	1.00	2.00	0.41	0.60	0.45	69.5%	54	2,270
LAC $2.35
2,120	44	85.2%	0.79	0.77	0.88	2.50	0.68	0.78	0.72	60.7%	1	818
8,835	351	82.2%	0.64	0.62	0.71	3.00	1.03	1.14	1.10	60.5%	2	1,756
2,572	104	83.6%	0.54	0.51	0.64	3.50	1.39	1.72	1.49	67.6%	10	441
4,560	203	76.8%	0.44	0.40	0.44	4.00	1.86	1.99	1.90	62.5%	25	2,389
2,262	115	86.1%	0.36	0.29	0.61	4.50	2.26	2.49	2.27	63.7%	1	563
8,846	359	81.8%	0.35	0.32	0.38	5.00	2.71	2.85	2.70	57.4%	10	1,209
4,696	117	79.3%	0.27	0.25	0.31	5.50	3.15	3.35	3.15	57.4%	10	779
6,716	14	86.3%	0.21	0.20	0.24	7.50	5.10	5.25	5.13	53.1%	5	269
22,045	76	88.1%	0.14	0.13	0.16	10.00	6.60	8.30	7.45	142.6%	15	2
1,947	7	91.4%	0.10	0.05	0.18	12.50	8.10	10.65	9.04	137.3%	20	20
3,518	4	108.0%	0.15	0.01	0.35	15.00	10.35	13.40	11.05	168.4%	1	0
1,835	2	101.2%	0.11	0.07	0.14	17.50	12.20	14.80	11.00	—	—	1
10,892	7	95.7%	0.06	0.05	0.07	20.00	16.10	19.15	17.46	255.7%	2	2

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 LAC put/call ratio?

For the January 21, 2028 expiration, the LAC put/call ratio based on open interest is 0.12 (10,545 puts vs 85,706 calls), and 0.12 based on today's volume. A ratio above 1 means more puts than calls.

What is LAC's implied volatility?

At-the-money implied volatility for LAC options expiring January 21, 2028 is about 73.0%, an annualized estimate of how much the market expects Lithium Americas stock to move.

How many LAC option expiration dates are there?

LAC has 11 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.