Lightwave Logic (LWLG) Options Chain

NASDAQ: LWLGIndustrialsContainers/PackagingUSD

4.97-0.14 (-2.74%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $4.97
Put/call ratio (OI): 0.12
Put/call ratio (volume): 0.22
ATM implied volatility: 101.2%
Expected move: ±$1.66
Open interest (C / P): 3.99K / 487

LWLG options summary

The LWLG options chain for the November 20, 2026 expiration lists 8 call and 7 put contracts, with 40 days until expiration. Open interest stands at 3,991 calls and 487 puts, a put/call ratio of 0.12, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 101.2%, which implies the market expects a move of about ±$1.66 (33.5%) in Lightwave Logic stock by expiration.

The most open interest sits at the $8.00 call (2.77K contracts) and the $5.00 put (149 contracts).

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

LWLG options chain · November 20, 2026

LWLG 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
—	—	—	3.48	—	—	2.00	—	—	0.05	—	—	—
—	—	—	—	—	—	3.00	0.00	0.10	0.05	108.6%	1	1
9	8	100.8%	1.20	1.05	1.35	4.00	0.15	0.25	0.21	94.5%	10	100
LWLG $4.97
171	8	105.5%	0.61	0.60	0.75	5.00	0.55	0.75	0.65	96.9%	4	149
538	112	96.9%	0.30	0.25	0.35	6.00	1.25	1.45	1.32	100.4%	3	118
462	10	94.1%	0.14	0.10	0.15	7.00	1.95	2.30	1.86	86.7%	8	111
2,766	26	101.6%	0.08	0.05	0.10	8.00	2.85	3.30	2.65	90.6%	11	8
—	—	—	0.10	—	—	9.00	—	—	—	—	—	—
45	1	109.4%	0.05	0.00	0.05	10.00	—	—	—	—	—	—

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 LWLG put/call ratio?

For the November 20, 2026 expiration, the LWLG put/call ratio based on open interest is 0.12 (487 puts vs 3,991 calls), and 0.22 based on today's volume. A ratio above 1 means more puts than calls.

What is LWLG's implied volatility?

At-the-money implied volatility for LWLG options expiring November 20, 2026 is about 101.2%, an annualized estimate of how much the market expects Lightwave Logic stock to move.

How many LWLG option expiration dates are there?

LWLG has 8 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.