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: Mar 19, 2027
Days to expiration: 159
Share price: $27.38
Put/call ratio (OI): 0.18
Put/call ratio (volume): 0.07
ATM implied volatility: 99.0%
Expected move: ±$17.90
Open interest (C / P): 12.61K / 2.26K

LQDA options summary

The LQDA options chain for the March 19, 2027 expiration lists 35 call and 26 put contracts, with 159 days until expiration. Open interest stands at 12,611 calls and 2,261 puts, a put/call ratio of 0.18, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $27.50 strike is 99.0%, which implies the market expects a move of about ±$17.90 (65.4%) in Liquidia stock by expiration.

The most open interest sits at the $120.00 call (1.76K contracts) and the $20.00 put (1.01K contracts).

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

LQDA options chain · March 19, 2027

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
534	226	113.6%	11.33	9.80	12.60	20.00	1.70	3.50	3.10	90.3%	1	1,008
—	—	—	—	—	—	22.50	2.00	4.70	4.30	84.0%	1	87
42	45	107.8%	9.30	7.00	10.10	25.00	3.20	5.80	5.30	82.2%	95	35
LQDA $27.38
8	7	105.7%	7.60	5.80	9.10	27.50	5.00	8.30	6.30	92.4%	36	67
117	11	102.8%	8.20	5.40	7.40	30.00	6.30	10.40	8.15	93.4%	2	20
8	1	102.0%	5.90	5.00	6.20	32.50	9.10	10.40	11.00	88.6%	30	91
322	683	106.8%	5.00	4.50	6.10	35.00	9.90	13.20	11.40	87.8%	12	70
80	74	95.9%	4.65	2.60	5.30	37.50	13.30	15.30	2.05	99.1%	6	95
127	2	97.8%	4.10	2.80	4.40	40.00	14.90	17.30	15.20	96.1%	30	30
—	—	—	—	—	—	42.50	0.00	0.00	4.00	—	5	0
101	1	103.0%	2.65	1.20	5.10	45.00	18.00	21.80	21.00	89.6%	10	20
903	401	96.0%	3.00	0.85	3.90	47.50	20.20	23.90	14.00	88.7%	5	77
1,740	180	103.8%	2.30	0.55	4.60	50.00	22.40	26.10	25.10	87.9%	6	197
104	269	98.4%	1.60	0.15	3.40	55.00	26.90	30.50	28.30	84.6%	11	269
29	10	106.3%	1.70	1.00	2.65	60.00	31.60	35.10	35.07	82.6%	1	55
6	5	103.2%	1.60	0.00	3.00	62.50	33.80	37.90	37.41	85.5%	1	6
6	2	110.1%	2.46	0.00	3.40	65.00	36.50	39.60	29.46	78.7%	2	25
25	10	111.0%	1.65	0.00	3.20	67.50	38.60	42.60	12.60	83.0%	10	23
324	14	99.2%	1.37	0.00	1.90	70.00	41.00	45.00	44.07	81.5%	16	35
111	2	115.3%	17.00	0.00	3.10	72.50	—	—	—	—	—	—
914	12	117.7%	0.70	0.80	2.30	75.00	45.80	49.40	42.50	122.4%	4	16
11	40	118.0%	0.75	0.00	2.90	77.50	48.20	52.30	49.50	74.0%	1	28
325	1	110.9%	0.85	0.00	2.10	80.00	50.70	54.30	54.20	125.1%	1	7
13	5	121.2%	9.90	0.00	2.80	82.50	0.00	0.00	17.20	—	20	0
494	2	122.8%	0.60	0.00	2.75	85.00	0.00	0.00	18.39	—	3	0
1,250	1	114.3%	0.50	0.00	1.90	87.50	0.00	0.00	19.90	—	—	0
647	18	126.1%	0.40	0.05	2.65	90.00	—	—	—	—	—	—
0	4	113.6%	6.60	0.00	1.60	92.50	—	—	—	—	—	—
21	10	126.1%	5.96	0.00	2.40	95.00	65.50	69.20	33.85	135.0%	1	0
0	1	50.0%	15.50	0.00	0.00	97.50	—	—	—	—	—	—
1,338	13	129.5%	0.50	0.05	2.35	100.00	—	—	—	—	—	—
509	10	119.2%	6.64	0.00	1.45	105.00	—	—	—	—	—	—
425	503	135.6%	0.16	0.00	2.40	110.00	—	—	—	—	—	—
129	2	137.8%	4.20	0.00	2.35	115.00	—	—	—	—	—	—
1,758	1,800	139.2%	0.10	0.00	2.25	120.00	—	—	—	—	—	—
34	1	142.3%	3.90	0.00	2.30	125.00	—	—	—	—	—	—
156	80	144.1%	0.25	0.00	2.25	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 March 19, 2027 expiration, the LQDA put/call ratio based on open interest is 0.18 (2,261 puts vs 12,611 calls), and 0.07 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 March 19, 2027 is about 99.0%, 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.