Nektar Therapeutics (NKTR) Options Chain

NASDAQ: NKTRHealth CareBiotechnology: Pharmaceutical PreparationsUSD

41.17+0.37 (+0.91%)

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

Expiration date

Expiration: May 21, 2027
Days to expiration: 223
Share price: $41.17
Put/call ratio (OI): 0.53
Put/call ratio (volume): 0.51
ATM implied volatility: 67.2%
Expected move: ±$21.62
Open interest (C / P): 254 / 135

NKTR options summary

The NKTR options chain for the May 21, 2027 expiration lists 11 call and 10 put contracts, with 223 days until expiration. Open interest stands at 254 calls and 135 puts, a put/call ratio of 0.53, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 67.2%, which implies the market expects a move of about ±$21.62 (52.5%) in Nektar Therapeutics stock by expiration.

The most open interest sits at the $60.00 call (174 contracts) and the $35.00 put (41 contracts).

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

NKTR options chain · May 21, 2027

NKTR 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
—	—	—	—	—	—	30.00	2.60	5.40	3.22	77.7%	10	10
—	—	—	13.40	—	—	35.00	4.40	7.90	5.05	76.0%	10	41
—	—	—	—	—	—	40.00	6.50	9.20	9.14	67.2%	32	20
NKTR $41.17
—	—	—	—	—	—	45.00	9.70	13.20	11.15	70.8%	1	12
—	—	—	—	—	—	50.00	12.60	16.70	14.20	68.4%	9	15
1	2	74.4%	9.84	3.70	7.10	55.00	16.30	20.30	14.01	67.0%	1	1
174	110	75.0%	3.75	2.60	6.40	60.00	20.20	24.10	23.35	65.0%	5	15
20	9	74.0%	7.10	2.30	4.90	65.00	24.10	27.80	21.92	60.2%	5	0
13	30	73.0%	2.94	1.30	4.40	70.00	28.30	32.40	20.55	59.1%	10	10
17	2	72.2%	2.33	1.35	3.20	75.00	32.70	36.80	35.80	55.7%	1	11
11	3	70.2%	12.70	0.30	3.10	80.00	—	—	—	—	—	—
2	2	69.3%	12.00	0.05	2.60	85.00	—	—	—	—	—	—
3	3	75.6%	10.40	0.05	3.00	90.00	—	—	—	—	—	—
1	1	77.3%	5.30	0.05	2.75	95.00	—	—	—	—	—	—
12	2	73.8%	1.25	0.05	1.90	100.00	—	—	—	—	—	—

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 NKTR put/call ratio?

For the May 21, 2027 expiration, the NKTR put/call ratio based on open interest is 0.53 (135 puts vs 254 calls), and 0.51 based on today's volume. A ratio above 1 means more puts than calls.

What is NKTR's implied volatility?

At-the-money implied volatility for NKTR options expiring May 21, 2027 is about 67.2%, an annualized estimate of how much the market expects Nektar Therapeutics stock to move.

How many NKTR option expiration dates are there?

NKTR has 9 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.