LENZ Therapeutics (LENZ) Options Chain

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

3.65+0.115 (+3.26%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $3.65
Put/call ratio (OI): 0.36
Put/call ratio (volume): 0.52
ATM implied volatility: 515.4%
Expected move: ±$9.64
Open interest (C / P): 5.56K / 2.00K

LENZ options summary

The LENZ options chain for the January 15, 2027 expiration lists 19 call and 15 put contracts, with 96 days until expiration. Open interest stands at 5,562 calls and 1,995 puts, a put/call ratio of 0.36, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 515.4%, which implies the market expects a move of about ±$9.64 (264.3%) in LENZ Therapeutics stock by expiration.

The most open interest sits at the $5.00 call (1.04K contracts) and the $10.00 put (580 contracts).

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

LENZ options chain · January 15, 2027

LENZ 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
774	4	99.6%	1.20	1.20	1.50	2.50	0.00	4.90	0.25	931.3%	21	421
LENZ $3.65
1,042	10	150.0%	0.40	0.00	1.45	5.00	0.00	4.90	1.79	199.8%	71	541
260	8	135.6%	0.19	0.05	0.50	7.50	3.80	6.00	3.79	244.1%	80	413
1,015	60	119.1%	0.05	0.00	0.15	10.00	4.00	8.70	6.40	469.1%	1	580
74	1	321.9%	0.25	0.00	2.45	12.50	0.00	0.00	7.40	—	56	0
36	3	275.2%	0.08	0.00	1.50	15.00	6.70	11.50	9.42	172.7%	46	1
0	30	50.0%	0.22	0.00	0.00	17.50	0.00	0.00	9.44	—	15	0
942	9	146.9%	0.08	0.00	0.05	20.00	0.00	0.00	12.40	—	15	0
12	9	273.4%	0.30	0.00	1.00	22.50	9.50	14.00	9.52	—	2	19
0	22	50.0%	1.00	0.00	0.00	25.00	16.70	21.50	19.49	211.7%	13	0
619	102	401.9%	0.05	0.00	2.50	30.00	15.50	19.00	15.45	—	10	19
84	1	444.3%	0.45	0.00	2.95	35.00	27.50	32.20	28.93	359.6%	2	0
0	1	50.0%	0.01	0.00	0.00	40.00	0.00	0.00	31.32	—	1	0
31	10	610.9%	0.56	0.00	4.90	45.00	26.50	31.50	24.80	—	1	1
0	4	50.0%	0.05	0.00	0.00	50.00	0.00	0.00	37.10	—	—	0
11	1	625.0%	0.45	0.00	4.90	55.00	—	—	—	—	—	—
0	10	50.0%	0.05	0.00	0.00	60.00	—	—	—	—	—	—
655	360	218.8%	0.01	0.00	0.05	65.00	—	—	—	—	—	—
7	1	641.4%	0.45	0.00	4.90	70.00	—	—	—	—	—	—

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 LENZ put/call ratio?

For the January 15, 2027 expiration, the LENZ put/call ratio based on open interest is 0.36 (1,995 puts vs 5,562 calls), and 0.52 based on today's volume. A ratio above 1 means more puts than calls.

What is LENZ's implied volatility?

At-the-money implied volatility for LENZ options expiring January 15, 2027 is about 515.4%, an annualized estimate of how much the market expects LENZ Therapeutics stock to move.

How many LENZ option expiration dates are there?

LENZ 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.