Liquidia (LQDA) Options Chain

NASDAQ: LQDAHealth CareBiotechnology: Pharmaceutical PreparationsUSD

27.38-0.64 (-2.28%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $27.38
Put/call ratio (OI): 0.61
Put/call ratio (volume): 0.49
ATM implied volatility: 109.8%
Expected move: ±$12.97
Open interest (C / P): 4.20K / 2.55K

LQDA options summary

The LQDA options chain for the December 18, 2026 expiration lists 40 call and 30 put contracts, with 68 days until expiration. Open interest stands at 4,201 calls and 2,554 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $27.50 strike is 109.8%, which implies the market expects a move of about ±$12.97 (47.4%) in Liquidia stock by expiration.

The most open interest sits at the $85.00 call (766 contracts) and the $35.00 put (462 contracts).

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

LQDA options chain · December 18, 2026

LQDA 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
—	—	—	—	—	—	15.00	—	—	0.70	—	—	—
1	2	129.9%	9.20	9.30	13.40	17.50	0.85	2.00	1.20	128.2%	1	26
26	20	127.7%	10.20	8.30	11.00	20.00	1.30	2.80	2.20	121.0%	1	27
1	—	120.7%	52.55	6.60	9.30	22.50	2.00	4.40	2.90	124.1%	1	103
37	7	119.8%	6.93	5.60	7.70	25.00	3.10	4.80	3.75	112.4%	101	69
LQDA $27.38
110	3	109.4%	4.92	3.80	6.40	27.50	4.70	5.80	5.40	110.1%	6	111
136	31	117.2%	4.70	4.00	5.10	30.00	6.10	7.40	6.30	108.3%	61	295
56	22	108.4%	3.90	2.55	4.20	32.50	7.60	9.50	8.10	109.6%	15	10
176	50	123.5%	2.80	2.80	4.10	35.00	9.40	11.60	10.32	111.2%	200	462
12	1	116.5%	2.80	1.60	3.60	37.50	0.00	0.00	1.95	—	1	0
117	2	120.8%	2.00	1.40	3.30	40.00	13.50	16.00	13.70	115.7%	1	290
4	1	115.1%	1.00	0.00	3.50	42.50	14.80	17.70	1.46	98.2%	1	11
39	7	116.4%	1.34	0.00	3.00	45.00	16.60	20.60	20.22	101.1%	5	260
23	1	126.3%	1.20	0.00	3.20	47.50	18.90	22.90	16.00	101.0%	2	2
98	2	122.7%	0.85	0.30	2.20	50.00	21.20	25.30	23.85	101.3%	6	73
17	6	134.0%	1.00	0.00	2.85	52.50	23.50	27.60	4.10	97.7%	2	48
36	15	129.4%	0.83	0.05	2.15	55.00	25.90	30.00	27.70	97.1%	2	372
3	3	—	17.00	25.50	29.40	57.50	28.90	31.50	5.78	80.1%	3	17
116	1	122.3%	0.50	0.30	1.00	60.00	31.20	34.10	35.24	74.2%	1	22
16	13	566.4%	25.00	16.70	20.60	62.50	33.60	36.60	36.66	156.5%	1	21
20	1	152.8%	0.25	0.00	2.45	65.00	35.60	39.70	39.29	80.5%	6	69
57	1	156.2%	11.85	0.00	2.40	67.50	38.10	42.20	41.60	83.2%	13	186
127	12	159.3%	0.32	0.00	2.35	70.00	40.60	44.70	44.00	85.9%	8	21
95	23	156.6%	0.26	0.00	2.00	72.50	43.30	47.10	14.20	99.6%	—	10
53	1	164.9%	0.15	0.00	2.25	75.00	45.50	49.60	13.06	192.2%	1	48
49	10	158.6%	0.20	0.00	1.75	77.50	48.00	52.10	17.80	195.9%	1	0
294	7	171.7%	0.21	0.00	2.25	80.00	50.50	54.60	20.05	199.5%	4	0
12	1	174.9%	0.10	0.00	2.25	82.50	—	—	—	—	—	—
766	1	122.5%	0.05	0.00	0.30	85.00	55.50	59.70	22.05	209.0%	1	0
0	2	50.0%	12.86	0.00	0.00	87.50	—	—	—	—	—	—
178	6	183.8%	0.05	0.05	2.20	90.00	60.50	64.60	56.50	212.2%	2	1
0	—	50.0%	18.65	0.00	0.00	92.50	—	—	—	—	—	—
74	3	131.8%	0.05	0.05	0.25	95.00	—	—	—	—	—	—
0	—	50.0%	7.60	0.00	0.00	97.50	—	—	—	—	—	—
224	3	128.9%	0.05	0.00	0.20	100.00	70.50	74.60	70.70	223.3%	1	0
102	1	197.1%	1.95	0.00	2.15	105.00	—	—	—	—	—	—
74	1	190.7%	2.42	0.00	1.65	110.00	—	—	—	—	—	—
2	2	205.9%	1.38	0.00	2.15	115.00	—	—	—	—	—	—
310	1	209.9%	0.05	0.00	2.15	120.00	—	—	—	—	—	—
652	650	201.3%	0.10	0.00	1.60	125.00	—	—	—	—	—	—
88	1	217.3%	0.80	0.00	2.15	130.00	—	—	—	—	—	—

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 LQDA put/call ratio?

For the December 18, 2026 expiration, the LQDA put/call ratio based on open interest is 0.61 (2,554 puts vs 4,201 calls), and 0.49 based on today's volume. A ratio above 1 means more puts than calls.

What is LQDA's implied volatility?

At-the-money implied volatility for LQDA options expiring December 18, 2026 is about 109.8%, an annualized estimate of how much the market expects Liquidia stock to move.

How many LQDA option expiration dates are there?

LQDA 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.