Lincoln National (LNC) Options Chain

NYSE: LNCFinanceLife InsuranceUSD

40.23-0.31 (-0.76%)

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

Expiration date

Expiration: Jan 19, 2029
Days to expiration: 831
Share price: $40.23
Put/call ratio (OI): 6.84
Put/call ratio (volume): 26.63
ATM implied volatility: 36.3%
Expected move: ±$22.00
Open interest (C / P): 196 / 1.34K

LNC options summary

The LNC options chain for the January 19, 2029 expiration lists 12 call and 4 put contracts, with 831 days until expiration. Open interest stands at 196 calls and 1,340 puts, a put/call ratio of 6.84, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $40.00 strike is 36.3%, which implies the market expects a move of about ±$22.00 (54.7%) in Lincoln National stock by expiration.

The most open interest sits at the $50.00 call (60 contracts) and the $25.00 put (1.33K contracts).

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

LNC options chain · January 19, 2029

LNC 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
19	1	48.4%	18.95	17.20	20.30	22.50	—	—	—	—	—	—
—	—	—	—	—	—	25.00	0.20	5.00	2.10	58.8%	1,305	1,335
2	—	45.1%	15.90	13.60	16.70	27.50	0.10	4.30	2.75	47.2%	—	2
3	1	44.6%	13.60	12.00	15.20	30.00	—	—	—	—	—	—
1	—	47.1%	12.70	10.20	14.40	32.50	2.60	5.80	3.80	42.7%	—	2
25	10	45.4%	11.57	8.90	12.90	35.00	—	—	—	—	—	—
6	1	41.1%	10.51	7.80	10.90	37.50	—	—	—	—	—	—
50	26	38.1%	8.20	7.80	9.20	40.00	6.30	8.10	7.90	34.4%	—	1
LNC $40.23
2	—	40.3%	8.10	6.00	8.80	42.50	—	—	—	—	—	—
13	4	41.3%	6.40	4.60	8.20	45.00	—	—	—	—	—	—
13	1	42.7%	5.70	3.80	7.80	47.50	—	—	—	—	—	—
60	5	40.0%	4.71	3.20	6.50	50.00	—	—	—	—	—	—
2	—	37.3%	3.30	0.60	3.80	60.00	—	—	—	—	—	—

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 LNC put/call ratio?

For the January 19, 2029 expiration, the LNC put/call ratio based on open interest is 6.84 (1,340 puts vs 196 calls), and 26.63 based on today's volume. A ratio above 1 means more puts than calls.

What is LNC's implied volatility?

At-the-money implied volatility for LNC options expiring January 19, 2029 is about 36.3%, an annualized estimate of how much the market expects Lincoln National stock to move.

How many LNC option expiration dates are there?

LNC has 10 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.