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 21, 2028
Days to expiration: 467
Share price: $4.97
Put/call ratio (OI): 0.20
Put/call ratio (volume): 0.23
ATM implied volatility: 95.6%
Expected move: ±$5.37
Open interest (C / P): 42.62K / 8.48K

LWLG options summary

The LWLG options chain for the January 21, 2028 expiration lists 16 call and 15 put contracts, with 467 days until expiration. Open interest stands at 42,624 calls and 8,478 puts, a put/call ratio of 0.20, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 95.6%, which implies the market expects a move of about ±$5.37 (108.1%) in Lightwave Logic stock by expiration.

The most open interest sits at the $7.00 call (7.00K contracts) and the $5.00 put (1.70K contracts).

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

LWLG options chain · January 21, 2028

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
513	1	127.0%	4.90	3.50	4.80	1.00	0.00	0.10	0.10	89.8%	15	16
2,011	1	180.1%	4.05	3.30	4.80	2.00	0.25	0.65	0.25	107.0%	4	642
559	1	123.6%	3.40	2.70	3.60	3.00	0.65	0.85	0.85	91.2%	10	833
694	8	103.6%	2.40	2.30	2.70	4.00	1.20	1.40	1.29	90.1%	3	967
LWLG $4.97
1,596	60	101.5%	2.15	2.05	2.25	5.00	1.85	2.05	1.93	89.7%	8	1,698
7,004	60	99.8%	1.75	1.50	1.80	7.00	3.30	3.50	3.14	87.1%	20	961
2,926	51	98.8%	1.20	1.00	1.35	10.00	5.50	6.00	5.50	78.2%	2	1,175
1,361	21	100.2%	1.00	0.90	1.10	12.00	7.40	7.70	7.55	77.3%	141	524
6,016	40	104.9%	0.85	0.65	1.10	15.00	10.00	10.60	9.80	72.3%	8	1,019
3,034	8	104.4%	0.76	0.55	0.95	17.00	12.00	12.40	12.10	69.3%	1	23
990	22	103.5%	0.65	0.55	0.65	20.00	14.50	15.50	15.40	96.5%	20	618
6,007	1	104.7%	0.55	0.40	0.70	22.00	0.00	0.00	14.83	—	3	0
1,260	1	103.8%	0.52	0.40	0.50	25.00	19.40	20.50	20.10	105.2%	1	2
1,875	1,000	108.2%	0.43	0.35	0.60	27.00	—	—	—	—	—	—
4,096	11	107.4%	0.35	0.30	0.50	30.00	24.20	25.30	23.29	98.4%	50	0
2,682	1	101.8%	0.30	0.15	0.35	35.00	29.20	32.00	29.80	123.4%	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 21, 2028 expiration, the LWLG put/call ratio based on open interest is 0.20 (8,478 puts vs 42,624 calls), and 0.23 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 21, 2028 is about 95.6%, 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.