NRX Pharmaceuticals (NRXP) Options Chain

NASDAQ: NRXPHealth CareBiotechnology: Pharmaceutical PreparationsUSD

2.85-0.04 (-1.38%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $2.85
Put/call ratio (OI): 0.04
Put/call ratio (volume): 0.67
ATM implied volatility: 153.7%
Expected move: ±$1.89
Open interest (C / P): 6.91K / 279

NRXP options summary

The NRXP options chain for the December 18, 2026 expiration lists 3 call and 2 put contracts, with 68 days until expiration. Open interest stands at 6,913 calls and 279 puts, a put/call ratio of 0.04, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 153.7%, which implies the market expects a move of about ±$1.89 (66.3%) in NRX Pharmaceuticals stock by expiration.

The most open interest sits at the $5.00 call (3.79K contracts) and the $2.50 put (159 contracts).

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

NRXP options chain · December 18, 2026

NRXP 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
2,318	6	162.5%	0.75	0.75	1.10	2.50	0.10	0.90	0.27	144.9%	60	159
NRXP $2.85
3,795	106	154.3%	0.20	0.15	0.40	5.00	1.75	2.75	2.30	108.6%	22	120
800	11	178.9%	0.05	0.00	0.35	7.50	—	—	—	—	—	—

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 NRXP put/call ratio?

For the December 18, 2026 expiration, the NRXP put/call ratio based on open interest is 0.04 (279 puts vs 6,913 calls), and 0.67 based on today's volume. A ratio above 1 means more puts than calls.

What is NRXP's implied volatility?

At-the-money implied volatility for NRXP options expiring December 18, 2026 is about 153.7%, an annualized estimate of how much the market expects NRX Pharmaceuticals stock to move.

How many NRXP option expiration dates are there?

NRXP has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.

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.