Lemonade (LMND) Options Chain

NYSE: LMNDFinanceProperty-Casualty InsurersUSD

46.46-0.45 (-0.96%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $46.46
Put/call ratio (OI): 0.46
Put/call ratio (volume): 0.55
ATM implied volatility: 67.9%
Expected move: ±$13.62
Open interest (C / P): 12.21K / 5.59K

LMND options summary

The LMND options chain for the December 18, 2026 expiration lists 19 call and 17 put contracts, with 68 days until expiration. Open interest stands at 12,209 calls and 5,591 puts, a put/call ratio of 0.46, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $45.00 strike is 67.9%, which implies the market expects a move of about ±$13.62 (29.3%) in Lemonade stock by expiration.

The most open interest sits at the $70.00 call (5.30K contracts) and the $50.00 put (1.69K contracts).

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

LMND options chain · December 18, 2026

LMND 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
0	—	285.2%	23.00	27.50	30.60	25.00	0.00	0.20	0.18	72.7%	1	61
2	2	95.2%	19.42	16.50	18.70	30.00	0.25	0.45	0.35	68.7%	3	271
148	52	76.1%	11.00	12.20	13.60	35.00	0.85	1.30	0.95	68.2%	3	631
59	1	75.0%	7.70	8.60	10.20	40.00	2.00	2.75	2.25	66.4%	13	884
180	3	72.0%	6.29	5.80	7.10	45.00	4.10	4.60	4.20	63.8%	1	549
LMND $46.46
1,153	1	67.8%	4.01	3.90	4.20	50.00	7.00	7.40	7.30	62.9%	6	1,688
440	1	65.9%	2.68	2.00	2.95	55.00	10.00	11.20	10.91	60.2%	2	545
612	2	64.2%	1.80	1.00	1.85	60.00	13.90	15.30	15.08	57.8%	1	323
692	5	66.4%	1.16	0.60	1.30	65.00	18.00	19.80	21.53	51.6%	1	563
5,302	1	70.4%	0.80	0.60	0.85	70.00	22.80	24.60	24.50	51.2%	1	46
1,107	1	73.5%	0.55	0.45	0.65	75.00	27.40	29.30	26.10	79.4%	6	28
481	20	77.2%	0.37	0.25	0.65	80.00	0.00	0.00	30.84	—	1	0
162	7	77.3%	0.25	0.05	0.55	85.00	0.00	0.00	32.80	—	24	0
514	1	80.3%	0.21	0.05	0.45	90.00	0.00	0.00	38.50	—	9	0
352	9	82.3%	0.15	0.00	0.40	95.00	—	—	—	—	—	—
423	2	83.2%	0.15	0.00	0.30	100.00	48.30	50.90	44.90	—	2	2
0	2	50.0%	0.55	0.00	0.00	105.00	0.00	0.00	52.69	—	1	0
21	1	89.3%	0.10	0.00	0.25	110.00	—	—	—	—	—	—
561	30	95.3%	0.10	0.00	0.30	115.00	0.00	0.00	64.55	—	3	0

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 LMND put/call ratio?

For the December 18, 2026 expiration, the LMND put/call ratio based on open interest is 0.46 (5,591 puts vs 12,209 calls), and 0.55 based on today's volume. A ratio above 1 means more puts than calls.

What is LMND's implied volatility?

At-the-money implied volatility for LMND options expiring December 18, 2026 is about 67.9%, an annualized estimate of how much the market expects Lemonade stock to move.

How many LMND option expiration dates are there?

LMND has 12 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.