NVIDIA (NVDA) Options Chain

NASDAQ: NVDATechnologySemiconductorsUSD

229.28-1.20 (-0.52%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 469
Share price: $229.28
Put/call ratio (OI): 0.60
Put/call ratio (volume): 1.31
ATM implied volatility: 38.0%
Expected move: ±$98.80
Open interest (C / P): 583.26K / 351.06K

NVDA options summary

The NVDA options chain for the January 21, 2028 expiration lists 77 call and 77 put contracts, with 469 days until expiration. Open interest stands at 583,265 calls and 351,055 puts, a put/call ratio of 0.60, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $230.00 strike is 38.0%, which implies the market expects a move of about ±$98.80 (43.1%) in NVIDIA stock by expiration.

The most open interest sits at the $300.00 call (97.96K contracts) and the $150.00 put (30.23K contracts).

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

NVDA options chain · January 21, 2028

NVDA 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
1,603	1	151.4%	226.30	220.50	228.45	5.00	0.01	0.02	0.02	113.3%	130	6,940
291	2	137.8%	231.03	215.95	223.60	10.00	0.00	0.05	0.03	95.3%	20	5,968
107	2	122.9%	204.00	210.95	218.90	15.00	0.01	0.20	0.01	95.3%	1	1,856
3,076	1	110.7%	217.95	205.00	215.00	20.00	0.05	0.10	0.05	81.6%	2	2,750
790	2	110.6%	215.79	201.55	209.55	25.00	0.01	0.13	0.01	73.4%	70	527
482	8	105.6%	206.73	196.90	204.85	30.00	0.10	0.42	0.13	78.5%	1	766
498	5	101.0%	11.95	192.25	200.15	35.00	0.10	0.42	0.23	72.5%	1	626
269	3	96.9%	202.74	187.55	195.50	40.00	0.20	0.27	0.21	66.4%	30	871
132	11	93.2%	192.82	182.90	190.85	45.00	0.04	0.37	0.30	60.9%	483	4,115
421	1	89.8%	185.50	178.25	186.20	50.00	0.25	0.65	0.30	63.4%	3	7,295
334	1	87.6%	162.00	173.85	181.60	55.00	0.07	0.66	0.33	57.8%	3	362
284	1	83.8%	176.07	169.00	176.95	60.00	0.40	0.62	0.43	57.1%	1	1,782
684	1	81.2%	173.45	164.40	172.35	65.00	0.35	0.86	0.56	55.3%	3	374
419	1	79.3%	173.60	160.15	167.70	70.00	0.44	0.79	0.69	52.3%	35	1,605
366	2	76.8%	167.35	155.55	163.10	75.00	0.61	0.99	0.74	51.6%	1	1,588
801	1	71.7%	162.53	151.00	157.15	80.00	0.75	1.10	0.90	50.1%	3	8,901
387	2	71.4%	155.34	147.45	152.50	85.00	0.79	1.25	1.02	50.1%	98	684
1,748	20	70.1%	147.40	144.15	147.15	90.00	1.14	1.24	1.10	47.4%	5	2,310
201	1	65.2%	140.30	137.45	143.00	95.00	1.20	1.62	1.36	47.3%	1	1,716
3,114	1	62.9%	136.85	133.00	138.10	100.00	1.51	1.66	1.70	45.1%	14	9,296
1,021	5	65.5%	132.58	131.55	133.65	105.00	1.44	2.14	1.60	45.1%	1	4,514
702	1	63.5%	128.50	125.80	130.40	110.00	2.13	2.45	2.13	44.1%	2	7,819
926	11	62.1%	125.14	122.35	125.25	115.00	2.47	2.82	2.38	43.3%	500	3,502
2,002	10	60.2%	120.00	118.00	120.65	120.00	2.86	3.05	3.00	41.8%	294	10,231
618	5	57.8%	119.84	112.25	116.90	125.00	3.40	3.55	3.39	41.2%	26	11,795
2,268	1	59.6%	111.58	110.45	113.40	130.00	3.90	4.05	3.97	40.5%	43	11,634
826	2	57.6%	112.70	105.90	108.90	135.00	4.50	4.65	4.57	39.9%	43	5,196
4,013	3	55.7%	102.50	101.15	104.75	140.00	5.10	5.35	4.85	39.4%	6	22,495
1,558	1	55.2%	98.75	97.75	100.80	145.00	5.70	6.50	5.97	39.7%	4	8,136
6,082	26	52.9%	95.00	93.45	95.75	150.00	6.65	7.05	6.79	38.6%	78	30,234
975	2	51.9%	92.00	89.20	92.15	155.00	7.50	7.80	7.62	37.8%	1	5,696
2,377	20	51.7%	87.60	86.80	87.90	160.00	8.45	8.85	8.65	37.4%	2	6,054
1,354	1	50.6%	83.95	82.60	84.45	165.00	9.55	9.95	9.80	37.0%	3	9,151
4,957	4	51.1%	80.03	78.55	80.90	170.00	10.70	11.15	10.85	36.6%	16	5,447
8,215	5	50.0%	76.60	76.20	77.15	175.00	11.95	12.30	12.20	36.0%	36	8,014
14,058	41	49.5%	73.55	73.00	73.85	180.00	13.40	13.65	13.51	35.6%	39	21,626
9,313	19	49.0%	70.00	68.95	70.70	185.00	14.75	15.15	14.97	35.2%	5	8,895
8,830	17	48.7%	66.95	65.95	67.80	190.00	16.30	16.80	16.55	34.9%	75	13,386
6,952	18	47.9%	64.20	62.95	64.50	195.00	17.95	18.50	18.10	34.5%	27	4,214
28,194	131	46.8%	60.50	60.50	61.00	200.00	19.85	20.10	20.00	33.9%	217	29,039
1,024	4	46.9%	58.10	57.15	58.60	205.00	21.65	22.15	21.89	33.7%	7	7,098
9,644	105	46.0%	55.33	54.60	55.45	210.00	23.65	24.10	23.51	33.3%	3	6,208
1,644	116	45.5%	52.20	51.90	52.75	215.00	25.70	26.30	25.56	33.0%	1	6,235
10,312	120	45.1%	49.80	49.30	50.15	220.00	28.00	28.55	28.20	32.7%	8	7,933
5,920	121	44.7%	47.25	46.65	47.65	225.00	30.30	30.90	30.55	32.3%	8	2,316
NVDA $229.28
15,813	124	44.1%	44.75	44.50	45.00	230.00	32.80	33.30	32.90	31.9%	208	7,610
1,605	27	44.1%	42.90	42.40	43.05	235.00	35.25	35.85	34.80	31.5%	1	3,833
10,721	260	43.7%	40.44	40.00	40.70	240.00	37.90	38.55	38.31	31.2%	7	1,075
2,777	4	43.9%	38.54	37.90	39.10	245.00	40.65	41.35	41.15	30.9%	5	3,136
36,746	157	43.0%	36.50	36.05	36.50	250.00	43.60	44.25	43.78	30.5%	2,021	3,311
1,191	145	42.7%	34.50	34.15	34.55	255.00	46.55	47.30	43.42	30.2%	113	566
10,023	21	42.5%	32.72	32.30	32.80	260.00	49.70	50.50	48.65	29.9%	205	4,142
1,621	12	42.3%	31.00	30.60	31.00	265.00	52.90	53.75	53.25	29.6%	26	352
9,086	96	42.1%	29.45	29.10	29.45	270.00	56.20	57.05	56.55	29.2%	5	623
1,584	85	41.9%	27.76	27.35	27.85	275.00	59.80	60.50	56.05	28.9%	57	250
9,529	5	41.8%	26.13	25.90	26.40	280.00	63.10	64.00	63.40	28.5%	7	1,416
1,267	8	41.6%	24.75	24.45	24.95	285.00	66.25	68.10	67.35	28.7%	30	491
5,241	34	41.5%	23.64	23.10	23.65	290.00	69.45	72.25	70.25	28.8%	20	336
4,138	213	41.3%	22.10	21.85	22.40	295.00	74.05	76.05	69.45	28.5%	20	210
97,956	359	41.2%	20.95	20.85	21.20	300.00	77.15	79.85	72.02	28.0%	76	1,463
9,673	56	40.9%	18.83	18.45	18.95	310.00	85.05	87.55	79.65	26.9%	9	980
6,695	69	40.8%	16.80	16.00	17.05	320.00	94.00	95.60	93.56	25.7%	4	797
4,660	58	40.6%	15.07	14.70	15.25	330.00	100.95	104.80	102.87	25.9%	41	1,446
3,584	27	40.4%	13.39	13.15	13.60	340.00	111.00	113.45	112.19	24.6%	10	1,028
31,045	56	40.4%	12.10	11.80	12.30	350.00	120.25	123.25	117.25	25.5%	1	619
8,007	139	40.3%	10.80	10.50	11.00	360.00	128.50	133.30	122.09	26.8%	1	118
5,532	9	40.2%	9.70	9.40	9.90	370.00	138.20	142.65	140.93	26.3%	1	45
9,909	46	40.2%	8.79	8.45	8.90	380.00	148.55	152.00	140.15	25.3%	41	7
8,218	1	40.2%	7.89	7.60	8.05	390.00	158.40	162.45	149.95	27.8%	40	0
51,437	894	40.0%	7.01	6.85	7.15	400.00	168.65	172.25	165.86	28.2%	2	0
21,596	71	40.1%	6.27	6.15	6.55	410.00	176.80	182.25	180.15	29.1%	2	1
21,645	33	40.2%	5.65	5.65	5.95	420.00	186.80	192.25	207.82	30.1%	1	0
2,082	57	40.0%	6.55	5.00	5.30	430.00	196.80	202.05	209.72	30.2%	17	0
3,095	2	40.3%	4.69	4.50	4.90	440.00	0.00	0.00	216.91	—	2	0
11,026	22	40.1%	4.25	4.10	4.35	450.00	235.35	239.80	241.01	58.9%	1	0
359	2	40.3%	4.09	3.90	4.25	455.00	221.80	229.00	226.50	38.2%	—	0
25,612	114	40.1%	3.88	3.75	3.95	460.00	226.80	232.25	230.50	33.5%	1	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 NVDA put/call ratio?

For the January 21, 2028 expiration, the NVDA put/call ratio based on open interest is 0.60 (351,055 puts vs 583,265 calls), and 1.31 based on today's volume. A ratio above 1 means more puts than calls.

What is NVDA's implied volatility?

At-the-money implied volatility for NVDA options expiring January 21, 2028 is about 38.0%, an annualized estimate of how much the market expects NVIDIA stock to move.

How many NVDA option expiration dates are there?

NVDA has 20 listed expiration dates, from Oct 12, 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.