Ligand Pharmaceuticals (LGND) Options Chain
NASDAQ: LGNDHealth CareBiotechnology: Pharmaceutical PreparationsUSD
Market open · Delayed 15 min · as of Oct 9, 9:31 AM ET
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 7
- Share price
- $294.45
- Put/call ratio (OI)
- 0.46
- Put/call ratio (volume)
- 0.20
- Expected move
- ±$1.28
- Open interest (C / P)
- 39 / 18
LGND options summary
The LGND options chain for the October 16, 2026 expiration lists 9 call and 9 put contracts, with 7 days until expiration. Open interest stands at 39 calls and 18 puts, a put/call ratio of 0.46, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $290.00 strike is 3.1%, which implies the market expects a move of about ±$1.28 (0.4%) in Ligand Pharmaceuticals stock by expiration.
The most open interest sits at the $300.00 call (18 contracts) and the $280.00 put (13 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
LGND options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 121.75 | 0.00 | 0.00 | 180.00 | — | — | — | |||||
| 129.70 | 0.00 | 0.00 | 185.00 | — | — | — | |||||
| — | — | — | 230.00 | 0.00 | 0.00 | 1.00 | |||||
| — | — | — | 240.00 | 0.00 | 0.00 | 1.60 | |||||
| — | — | — | 250.00 | 0.00 | 0.00 | 0.94 | |||||
| — | — | — | 270.00 | 0.00 | 0.00 | 2.49 | |||||
| 9.20 | 0.00 | 0.00 | 280.00 | 0.00 | 0.00 | 4.21 | |||||
| 5.41 | 0.00 | 0.00 | 290.00 | 0.00 | 0.00 | 15.87 | |||||
| 12.90 | 0.00 | 0.00 | 300.00 | — | — | — | |||||
| 10.96 | 0.00 | 0.00 | 310.00 | 0.00 | 0.00 | 12.60 | |||||
| 0.70 | 0.00 | 0.00 | 320.00 | — | — | — | |||||
| 1.00 | 0.00 | 0.00 | 330.00 | — | — | — | |||||
| — | — | — | 340.00 | 0.00 | 0.00 | 56.50 | |||||
| 0.80 | 0.00 | 0.00 | 350.00 | 0.00 | 0.00 | 66.50 | |||||
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 LGND put/call ratio?
For the October 16, 2026 expiration, the LGND put/call ratio based on open interest is 0.46 (18 puts vs 39 calls), and 0.20 based on today's volume. A ratio above 1 means more puts than calls.
What is LGND's implied volatility?
At-the-money implied volatility for LGND options expiring October 16, 2026 is about 3.1%, an annualized estimate of how much the market expects Ligand Pharmaceuticals stock to move.
How many LGND option expiration dates are there?
LGND has 8 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.