Lumentum (LITE) Options Chain

NASDAQ: LITETelecommunicationsTelecommunications EquipmentUSD

1,103.36+54.76 (+5.22%)

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

Expiration date

Expiration: Sep 15, 2028
Days to expiration: 705
Share price: $1,103.36
Put/call ratio (OI): 1.35
Put/call ratio (volume): 1.13
ATM implied volatility: 72.0%
Expected move: ±$1,103.61
Open interest (C / P): 1.02K / 1.38K

LITE options summary

The LITE options chain for the September 15, 2028 expiration lists 100 call and 101 put contracts, with 705 days until expiration. Open interest stands at 1,024 calls and 1,381 puts, a put/call ratio of 1.35, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $1,100.00 strike is 72.0%, which implies the market expects a move of about ±$1,103.61 (100.0%) in Lumentum stock by expiration.

The most open interest sits at the $360.00 call (110 contracts) and the $400.00 put (87 contracts).

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

LITE options chain · September 15, 2028

LITE 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
—	—	—	—	—	—	310.00	19.00	34.00	35.90	72.3%	28	61
—	—	—	—	—	—	320.00	21.40	36.00	46.70	72.2%	4	7
—	—	—	—	—	—	330.00	27.10	38.00	45.41	73.2%	4	15
—	—	—	—	—	—	340.00	22.00	40.00	56.20	70.5%	2	14
—	—	—	—	—	—	350.00	24.00	44.00	56.60	70.8%	2	8
110	2	—	619.50	568.00	588.00	360.00	29.80	46.00	60.40	71.7%	18	34
—	—	—	—	—	—	370.00	34.50	45.30	62.90	71.3%	2	15
4	2	—	481.55	558.00	574.00	380.00	32.00	50.00	54.80	70.3%	2	10
0	1	—	594.00	0.00	0.00	390.00	37.90	49.90	50.18	70.4%	1	15
1	—	—	504.80	548.00	564.00	400.00	38.70	52.70	73.90	69.8%	10	87
9	1	—	492.00	576.00	594.00	410.00	41.80	57.70	80.10	70.4%	2	21
100	1	—	538.15	570.00	588.00	420.00	42.00	60.00	76.00	69.5%	36	74
2	—	—	610.00	580.00	598.00	430.00	47.90	61.60	79.75	69.8%	6	79
1	—	—	586.10	528.00	544.00	440.00	50.80	64.80	89.60	69.8%	36	38
—	—	—	—	—	—	450.00	53.60	67.30	87.80	69.5%	6	39
—	—	—	—	—	—	460.00	54.50	72.00	78.10	69.3%	1	4
—	—	—	—	—	—	470.00	60.10	73.40	101.50	69.3%	22	29
—	—	—	—	—	—	480.00	61.20	76.60	112.30	68.8%	24	12
—	—	—	—	—	—	490.00	62.00	79.80	82.00	68.2%	1	9
0	1	—	548.88	0.00	0.00	500.00	68.00	81.50	115.40	68.3%	1	20
0	—	—	530.20	0.00	0.00	510.00	72.00	87.00	79.30	68.7%	1	25
—	—	—	—	—	—	520.00	74.10	87.50	124.70	67.8%	2	6
2	—	—	584.00	462.00	482.00	530.00	78.10	93.90	128.70	68.3%	18	33
—	—	—	—	—	—	540.00	80.00	98.00	134.60	68.0%	4	9
—	—	—	—	—	—	550.00	84.00	101.30	147.90	68.0%	6	8
—	—	—	—	—	—	560.00	88.00	106.00	120.90	68.1%	2	11
0	—	—	509.00	0.00	0.00	570.00	92.00	110.00	130.65	68.0%	2	9
—	—	—	—	—	—	580.00	96.00	114.00	161.80	68.0%	2	6
0	—	—	528.00	0.00	0.00	590.00	100.00	118.00	133.55	67.9%	2	17
3	4	84.6%	672.95	662.00	682.00	600.00	102.00	122.00	115.12	67.5%	14	12
—	—	—	—	—	—	610.00	106.00	126.00	169.50	67.4%	2	8
—	—	—	—	—	—	620.00	110.00	130.00	176.70	67.3%	2	4
—	—	—	—	—	—	630.00	116.00	134.00	162.60	67.5%	2	10
0	—	—	492.00	0.00	0.00	640.00	120.00	138.00	168.30	67.3%	2	15
—	—	—	—	—	—	650.00	122.00	142.00	168.20	66.9%	2	34
3	3	36.5%	400.60	460.00	478.00	660.00	0.00	0.00	220.90	6.3%	12	0
1	1	83.7%	672.50	628.00	646.00	670.00	132.10	150.00	210.00	66.8%	2	7
0	1	—	496.00	0.00	0.00	680.00	0.00	0.00	230.70	6.3%	14	0
—	—	—	—	—	—	690.00	140.00	160.00	163.53	66.7%	2	16
1	1	41.5%	439.98	444.00	464.00	700.00	146.00	164.00	166.47	66.7%	18	19
1	1	83.2%	486.00	608.00	628.00	710.00	150.00	168.00	172.75	66.5%	2	1
6	2	83.0%	481.80	604.00	622.00	720.00	154.00	172.00	176.48	66.2%	2	10
—	—	—	—	—	—	730.00	158.00	178.00	177.36	66.2%	1	1
2	—	39.0%	365.35	412.00	428.00	740.00	164.00	182.00	179.97	66.2%	1	2
0	1	—	424.09	0.00	0.00	750.00	—	—	—	—	—	—
13	1	82.6%	486.00	586.00	604.00	760.00	172.00	192.00	204.10	65.9%	—	1
1	1	79.7%	491.90	570.00	588.00	770.00	—	—	—	—	—	—
1	1	42.6%	454.00	398.00	416.00	780.00	182.00	202.00	278.70	65.8%	—	1
1	—	47.7%	343.75	412.00	432.00	790.00	188.00	206.00	268.90	65.7%	8	8
12	24	82.3%	579.01	568.00	588.00	800.00	192.00	212.00	206.90	65.6%	52	54
0	34	—	420.40	0.00	0.00	810.00	198.00	216.00	295.02	65.5%	13	6
0	1	—	417.80	0.00	0.00	820.00	202.00	222.00	224.61	65.4%	2	7
0	20	—	415.20	0.00	0.00	830.00	—	—	—	—	—	—
6	5	81.8%	500.00	548.00	566.00	850.00	394.00	414.00	391.05	105.4%	—	1
46	1	81.7%	413.00	544.00	562.00	860.00	400.00	420.00	396.21	105.1%	1	2
1	—	48.0%	455.00	374.00	390.00	870.00	0.00	0.00	341.40	3.1%	2	0
—	—	—	—	—	—	880.00	234.00	254.00	323.00	65.0%	—	1
0	1	—	438.00	0.00	0.00	890.00	—	—	—	—	—	—
5	1	81.3%	490.00	528.00	546.00	900.00	246.00	264.00	341.30	64.8%	4	5
0	1	—	426.00	0.00	0.00	910.00	250.00	270.00	302.69	64.7%	—	1
2	1	81.3%	413.50	520.00	540.00	920.00	—	—	—	—	—	—
0	1	82.7%	460.90	524.00	542.00	930.00	262.00	282.00	277.60	64.7%	2	1
12	22	81.1%	422.85	512.00	532.00	940.00	—	—	—	—	—	—
10	5	81.1%	528.98	510.00	528.00	950.00	274.00	294.00	332.00	64.6%	—	4
2	1	50.4%	353.00	352.00	368.00	960.00	410.00	428.00	477.47	91.0%	2	1
0	2	—	455.20	0.00	0.00	970.00	—	—	—	—	—	—
0	1	—	448.82	0.00	0.00	980.00	292.00	310.00	345.30	64.3%	2	3
12	2	80.9%	427.00	495.90	514.00	990.00	—	—	—	—	—	—
14	20	80.6%	503.10	490.00	510.00	1,000.00	302.00	322.00	330.00	64.0%	1	37
8	1	80.8%	378.00	488.00	508.00	1,010.00	—	—	—	—	—	—
0	—	—	480.17	0.00	0.00	1,020.00	406.00	426.00	595.57	81.8%	—	1
0	2	—	558.49	0.00	0.00	1,030.00	—	—	—	—	—	—
0	1	—	446.80	0.00	0.00	1,040.00	—	—	—	—	—	—
1	1	80.7%	313.07	476.00	494.00	1,050.00	—	—	—	—	—	—
2	1	80.5%	392.00	472.00	490.00	1,060.00	340.00	360.00	417.32	63.9%	2	1
1	—	84.6%	377.70	490.00	508.00	1,070.00	—	—	—	—	—	—
2	4	80.5%	467.90	466.00	484.00	1,080.00	498.00	516.00	592.76	91.5%	2	1
1	2	80.5%	373.99	462.00	482.00	1,090.00	358.00	378.00	438.08	63.6%	—	1
80	2	80.5%	491.00	460.00	478.00	1,100.00	364.00	384.00	381.00	63.5%	1	78
LITE $1,103.36
17	1	80.4%	465.00	456.00	476.00	1,110.00	370.00	390.00	487.30	63.4%	—	1
0	2	0.2%	344.50	0.00	0.00	1,120.00	376.00	396.00	457.10	63.2%	41	11
2	—	80.2%	372.00	450.00	468.00	1,130.00	—	—	—	—	—	—
6	2	55.9%	285.44	310.00	326.00	1,150.00	396.00	416.00	428.48	63.1%	2	2
0	1	0.8%	392.00	0.00	0.00	1,160.00	—	—	—	—	—	—
6	10	56.5%	283.25	306.00	324.00	1,170.00	—	—	—	—	—	—
2	1	79.9%	342.20	434.00	454.00	1,180.00	416.00	436.00	448.42	63.0%	2	4
1	2	56.9%	280.21	302.00	320.00	1,190.00	422.00	442.00	466.14	62.9%	—	0
13	1	58.1%	294.00	306.00	324.00	1,200.00	430.00	450.00	510.49	63.0%	2	15
64	1	79.9%	440.00	426.00	446.00	1,210.00	436.00	456.00	504.27	62.8%	2	2
0	1	1.6%	317.23	0.00	0.00	1,220.00	—	—	—	—	—	—
0	1	57.6%	326.00	294.00	312.00	1,230.00	450.00	470.00	517.45	62.8%	—	1
3	4	80.0%	415.77	416.00	436.00	1,250.00	462.00	482.00	476.15	62.4%	10	15
0	2	1.6%	323.50	0.00	0.00	1,260.00	—	—	—	—	—	—
7	10	58.4%	269.05	288.00	304.00	1,270.00	—	—	—	—	—	—
2	1	79.9%	320.70	408.00	428.00	1,280.00	—	—	—	—	—	—
3	2	79.6%	328.52	404.00	424.00	1,290.00	490.00	510.00	581.92	62.3%	2	1
80	4	79.7%	332.59	402.00	422.00	1,300.00	498.00	518.00	570.20	62.4%	42	54
—	—	—	—	—	—	1,310.00	504.00	524.00	540.10	62.1%	2	1
1	—	79.6%	376.00	398.00	416.00	1,320.00	512.00	532.00	607.07	62.2%	41	11
1	—	59.4%	262.67	278.00	294.00	1,330.00	518.00	538.00	554.00	62.0%	2	2
1	2	59.7%	273.40	276.00	294.00	1,340.00	526.00	546.00	559.42	62.1%	2	4
6	2	77.5%	368.00	380.00	396.00	1,350.00	0.00	0.00	736.00	—	1	0
1	—	77.3%	476.00	376.00	393.00	1,360.00	—	—	—	—	—	—
3	2	79.6%	313.00	386.00	404.00	1,370.00	546.00	566.00	643.92	61.7%	—	1
78	152	79.6%	310.59	383.80	402.00	1,380.00	554.00	574.00	584.30	61.8%	2	47
4	4	79.5%	368.80	378.00	398.00	1,400.00	568.00	588.00	661.49	61.6%	2	9
6	12	79.8%	396.00	376.00	394.00	1,420.00	582.00	602.00	630.00	61.4%	3	4
3	10	79.6%	389.60	372.00	388.00	1,440.00	598.00	616.00	628.30	61.3%	2	9
3	2	79.7%	389.50	370.00	386.00	1,450.00	604.00	624.00	617.85	61.2%	10	16
7	54	79.7%	381.00	368.00	384.00	1,460.00	—	—	—	—	—	—
2	2	79.7%	383.30	366.00	382.00	1,470.00	620.00	640.00	643.20	61.3%	1	1
1	2	79.5%	382.90	362.00	380.00	1,480.00	626.00	646.00	664.42	61.0%	4	1
2	4	79.4%	297.13	358.00	378.00	1,490.00	634.00	654.00	747.64	61.0%	4	6
30	2	79.6%	378.80	358.00	376.00	1,500.00	642.00	662.00	665.60	61.1%	2	4
3	4	79.5%	338.65	355.40	374.00	1,510.00	650.00	668.00	681.70	60.9%	2	2
4	4	79.6%	338.40	354.00	372.00	1,520.00	—	—	—	—	—	—
0	2	3.1%	294.04	0.00	0.00	1,530.00	798.00	818.00	954.00	83.1%	—	1
0	1	3.1%	262.80	0.00	0.00	1,540.00	672.00	692.00	700.37	60.8%	18	10
0	38	3.1%	290.70	0.00	0.00	1,550.00	816.00	834.00	1,011.70	83.2%	1	2
0	2	6.3%	289.70	0.00	0.00	1,560.00	688.00	706.00	739.36	60.7%	2	2
6	1	79.5%	354.00	344.00	362.00	1,570.00	694.00	714.00	802.07	60.5%	2	5
77	4	79.5%	350.00	342.00	360.00	1,580.00	702.00	722.00	785.41	60.5%	2	52
10	2	79.5%	322.70	340.00	358.00	1,590.00	710.00	730.00	829.87	60.5%	4	3
90	26	79.3%	328.60	336.00	356.00	1,600.00	718.00	738.00	801.94	60.5%	2	13

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 LITE put/call ratio?

For the September 15, 2028 expiration, the LITE put/call ratio based on open interest is 1.35 (1,381 puts vs 1,024 calls), and 1.13 based on today's volume. A ratio above 1 means more puts than calls.

What is LITE's implied volatility?

At-the-money implied volatility for LITE options expiring September 15, 2028 is about 72.0%, an annualized estimate of how much the market expects Lumentum stock to move.

How many LITE option expiration dates are there?

LITE has 18 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.