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: Jan 21, 2028
Days to expiration: 468
Share price: $27.38
Put/call ratio (OI): 0.02
Put/call ratio (volume): 0.19
ATM implied volatility: 87.6%
Expected move: ±$27.16
Open interest (C / P): 37.72K / 910

LQDA options summary

The LQDA options chain for the January 21, 2028 expiration lists 40 call and 30 put contracts, with 468 days until expiration. Open interest stands at 37,716 calls and 910 puts, a put/call ratio of 0.02, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $27.50 strike is 87.6%, which implies the market expects a move of about ±$27.16 (99.2%) in Liquidia stock by expiration.

The most open interest sits at the $55.00 call (13.34K contracts) and the $55.00 put (272 contracts).

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

LQDA options chain · January 21, 2028

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
38	1	106.1%	17.80	16.50	19.50	12.50	0.00	3.00	1.80	76.3%	1	7
36	6	96.8%	14.90	13.80	18.50	15.00	0.00	0.00	1.40	12.5%	4	0
103	106	97.2%	14.30	13.00	17.00	17.50	2.00	7.00	6.20	89.3%	1	0
171	101	90.8%	14.20	11.00	15.80	20.00	2.50	5.80	5.30	70.0%	1	10
197	2	94.3%	13.80	11.00	14.50	22.50	6.50	11.50	9.50	106.4%	1	0
172	4	93.0%	12.20	10.00	13.50	25.00	5.50	10.00	8.46	77.5%	2	9
LQDA $27.38
102	10	97.5%	10.50	10.10	12.80	27.50	8.50	10.30	9.50	77.7%	101	50
1,100	105	88.9%	9.90	8.60	11.00	30.00	8.50	13.00	11.00	74.5%	1	209
8	6	92.0%	11.00	7.50	11.50	32.50	—	—	—	—	—	—
64	15	88.5%	9.80	6.10	10.90	35.00	12.00	17.00	13.70	75.2%	3	8
33	1	88.9%	36.96	5.50	10.50	37.50	13.50	18.50	12.30	71.7%	5	5
551	7	88.9%	6.60	5.20	9.80	40.00	15.50	20.50	6.50	71.7%	3	36
0	2	6.3%	37.04	0.00	0.00	42.50	17.50	22.50	15.50	71.4%	—	5
601	500	87.4%	6.03	4.10	8.80	45.00	19.50	24.50	21.70	70.6%	25	21
12,922	4	86.8%	5.00	4.00	8.00	47.50	22.00	26.00	24.70	69.5%	—	20
2,247	1	89.7%	6.00	4.10	7.90	50.00	24.60	28.00	27.94	70.5%	30	61
20	5	87.1%	4.00	3.00	7.70	52.50	0.00	0.00	18.08	—	—	0
13,341	1	90.8%	5.50	3.50	7.50	55.00	28.00	33.00	32.22	68.4%	8	272
8	4	88.9%	29.10	2.50	7.50	57.50	30.50	35.50	33.70	70.6%	—	1
1,693	13	88.6%	4.41	2.50	6.90	60.00	32.60	37.40	35.68	67.9%	—	1
24	3	88.9%	26.60	2.00	7.00	62.50	35.00	40.00	28.90	69.8%	2	19
72	1	95.1%	4.50	3.00	7.00	65.00	37.50	42.50	40.50	71.6%	5	12
12	3	88.3%	4.70	1.50	6.50	67.50	39.60	44.50	19.55	68.7%	3	1
474	18	92.3%	4.15	2.00	6.50	70.00	42.10	47.00	45.20	70.3%	17	34
0	2	356.8%	38.14	23.50	27.50	72.50	45.00	48.50	20.80	68.4%	3	63
961	2	92.8%	3.50	3.10	4.80	75.00	46.50	51.50	24.78	66.8%	1	13
11	20	277.7%	37.12	20.00	24.50	77.50	—	—	—	—	—	—
129	40	88.2%	3.45	2.25	4.00	80.00	20.50	25.00	31.00	—	1	1
105	13	96.7%	3.00	1.50	6.00	85.00	56.00	61.00	59.00	64.7%	2	51
0	1	25.0%	23.31	0.00	0.00	87.50	58.50	63.50	62.40	65.8%	—	1
454	92	92.5%	1.90	0.60	5.50	90.00	—	—	—	—	—	—
2	1	93.2%	16.95	0.50	5.50	92.50	—	—	—	—	—	—
201	10	94.3%	2.10	0.50	5.50	95.00	—	—	—	—	—	—
444	10	99.6%	2.35	1.15	5.50	100.00	39.00	43.70	38.59	—	—	0
62	1	100.9%	2.80	1.50	5.00	105.00	—	—	—	—	—	—
0	1	25.0%	15.51	0.00	0.00	110.00	47.20	51.00	44.91	—	—	0
126	10	97.2%	11.20	0.05	5.00	115.00	—	—	—	—	—	—
959	1	98.6%	2.10	0.00	5.00	120.00	—	—	—	—	—	—
0	1	25.0%	21.88	0.00	0.00	125.00	—	—	—	—	—	—
273	14	103.6%	0.90	0.35	5.00	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 January 21, 2028 expiration, the LQDA put/call ratio based on open interest is 0.02 (910 puts vs 37,716 calls), and 0.19 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 January 21, 2028 is about 87.6%, 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.