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: Jan 15, 2027
Days to expiration: 96
Share price: $4.97
Put/call ratio (OI): 0.14
Put/call ratio (volume): 0.35
ATM implied volatility: 91.0%
Expected move: ±$2.32
Open interest (C / P): 51.68K / 7.27K

LWLG options summary

The LWLG options chain for the January 15, 2027 expiration lists 36 call and 34 put contracts, with 96 days until expiration. Open interest stands at 51,683 calls and 7,274 puts, a put/call ratio of 0.14, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 91.0%, which implies the market expects a move of about ±$2.32 (46.7%) in Lightwave Logic stock by expiration.

The most open interest sits at the $14.00 call (10.49K contracts) and the $4.00 put (1.40K contracts).

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

LWLG options chain · January 15, 2027

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
16	1	178.1%	3.93	3.60	4.40	1.00	0.00	0.00	0.10	50.0%	1	0
216	25	118.0%	3.17	2.65	3.40	2.00	0.00	0.15	0.11	127.3%	1	30
522	1	102.3%	2.60	2.05	2.25	3.00	0.10	0.20	0.16	96.1%	82	748
875	51	90.6%	1.65	1.30	1.50	4.00	0.35	0.45	0.41	86.9%	20	1,402
LWLG $4.97
2,021	112	92.6%	0.91	0.85	1.00	5.00	0.85	1.00	0.85	89.5%	33	1,313
2,979	52	90.4%	0.56	0.50	0.65	6.00	1.40	1.70	1.23	85.0%	1	762
5,909	428	91.6%	0.41	0.30	0.45	7.00	2.15	2.50	2.10	82.6%	1	601
1,323	11	93.0%	0.22	0.20	0.30	8.00	3.00	3.40	3.15	81.8%	1	462
2,475	2	94.9%	0.37	0.15	0.20	9.00	4.00	4.50	3.80	101.6%	10	237
3,634	5	101.2%	0.15	0.10	0.20	10.00	4.80	5.30	5.13	67.2%	7	621
551	1	105.5%	0.12	0.00	0.25	11.00	0.00	0.00	4.60	—	42	0
2,093	79	101.6%	0.10	0.05	0.10	12.00	6.60	7.30	6.40	137.7%	1	129
693	8	100.4%	0.10	0.00	0.10	13.00	7.60	8.30	7.80	145.3%	2	178
10,492	1	106.3%	0.07	0.00	0.10	14.00	8.60	9.40	8.90	166.2%	1	327
8,200	21	100.0%	0.05	0.00	0.05	15.00	0.00	0.00	8.98	—	2	0
838	4	116.4%	0.05	0.00	0.10	16.00	10.60	11.40	10.90	178.5%	1	422
206	2	129.3%	0.05	0.00	0.15	17.00	11.60	12.40	11.80	184.0%	1	0
443	1	125.0%	0.05	0.00	0.10	18.00	11.80	12.70	10.25	—	11	16
191	8	137.5%	0.40	0.00	0.15	19.00	12.30	12.90	10.93	—	2	11
1,169	28	132.8%	0.02	0.00	0.10	20.00	0.00	0.00	11.50	—	2	0
142	1	123.4%	0.04	0.00	0.05	21.00	13.90	15.00	13.30	—	1	4
36	20	139.1%	0.06	0.00	0.10	22.00	13.30	14.10	11.70	—	1	3
17	1	177.3%	0.65	0.05	0.30	23.00	16.00	16.70	14.90	—	3	8
0	1	50.0%	0.30	0.00	0.00	24.00	0.00	0.00	17.23	—	2	0
1,980	2	148.4%	0.05	0.00	0.10	25.00	0.00	0.00	15.70	—	1	0
151	6	181.3%	0.40	0.00	0.30	26.00	0.00	0.00	19.23	—	—	0
0	1	50.0%	0.25	0.00	0.00	27.00	0.00	0.00	20.21	—	30	0
0	1	50.0%	0.35	0.00	0.00	28.00	0.00	0.00	21.25	—	56	0
10	1	189.4%	0.15	0.00	0.30	29.00	0.00	0.00	22.30	—	2	0
1,453	5	146.9%	0.01	0.00	0.05	30.00	0.00	0.00	23.25	—	—	0
8	6	181.3%	0.40	0.00	0.20	31.00	—	—	—	—	—	—
8	1	164.8%	0.25	0.00	0.10	32.00	0.00	0.00	25.30	—	—	0
0	20	50.0%	0.22	0.00	0.00	33.00	0.00	0.00	26.35	—	2	0
95	20	168.8%	0.10	0.00	0.10	34.00	—	—	—	—	—	—
593	1	189.4%	0.28	0.00	0.20	35.00	0.00	0.00	28.25	—	—	0
2,344	4	157.8%	0.04	0.00	0.05	36.00	30.60	31.50	30.60	154.7%	10	0

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 January 15, 2027 expiration, the LWLG put/call ratio based on open interest is 0.14 (7,274 puts vs 51,683 calls), and 0.35 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 January 15, 2027 is about 91.0%, 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.