Olema Pharmaceuticals (OLMA) Options Chain

NASDAQ: OLMAHealth CareBiotechnology: Pharmaceutical PreparationsUSD

7.820.00 (0.00%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $7.82
Put/call ratio (OI): 0.69
Put/call ratio (volume): 9.96
ATM implied volatility: 41.4%
Expected move: ±$1.40
Open interest (C / P): 5.21K / 3.60K

OLMA options summary

The OLMA options chain for the December 18, 2026 expiration lists 24 call and 22 put contracts, with 68 days until expiration. Open interest stands at 5,211 calls and 3,597 puts, a put/call ratio of 0.69, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $8.00 strike is 41.4%, which implies the market expects a move of about ±$1.40 (17.8%) in Olema Pharmaceuticals stock by expiration.

The most open interest sits at the $12.00 call (2.73K contracts) and the $20.00 put (1.28K contracts).

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

OLMA options chain · December 18, 2026

OLMA 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
0	130	235.6%	5.07	3.50	7.00	3.00	0.00	4.00	0.10	569.5%	10	12
0	74	121.1%	3.05	2.45	3.90	5.00	0.00	4.90	1.05	375.0%	4	5
0	34	101.8%	2.28	1.95	2.70	6.00	0.00	4.90	0.40	294.1%	18	104
1	50	91.7%	1.70	1.40	1.85	7.00	0.45	1.05	0.85	87.1%	438	5
OLMA $7.82
0	1	1.6%	6.00	0.00	0.00	8.00	0.80	1.60	1.46	81.2%	24	33
17	15	116.2%	1.10	0.25	2.05	9.00	0.00	3.20	0.90	61.1%	1	8
17	2	79.5%	0.46	0.20	0.65	10.00	1.05	3.80	2.15	63.3%	16	223
186	179	117.4%	0.90	0.00	1.40	11.00	1.05	5.10	2.05	209.1%	1	4
2,727	132	140.7%	0.35	0.00	1.65	12.00	0.00	0.00	3.50	—	44	0
300	2	137.9%	0.65	0.00	1.30	13.00	0.00	0.00	3.00	—	5,750	0
542	2	145.9%	0.50	0.05	1.20	14.00	2.30	7.00	5.00	162.5%	300	300
448	1	152.7%	0.35	0.05	1.15	15.00	3.00	7.50	5.10	124.6%	2	302
3	—	195.1%	1.95	0.00	2.00	16.00	—	—	—	—	—	—
0	1	50.0%	1.45	0.00	0.00	17.00	4.30	9.00	7.00	—	1	3
—	—	—	—	—	—	18.00	0.00	0.00	8.53	—	1	0
64	1	161.1%	0.10	0.00	0.70	20.00	4.60	9.30	8.30	—	3	1,280
721	3	164.8%	0.33	0.00	0.60	22.00	7.60	12.00	6.69	—	—	1
59	3	360.4%	0.28	0.00	4.90	25.00	12.60	17.50	10.56	180.9%	4	505
27	10	—	11.30	7.60	12.00	27.00	0.00	0.00	15.95	—	1	0
54	20	218.4%	0.10	0.00	0.95	30.00	0.00	0.00	12.90	—	1	0
0	1	50.0%	0.65	0.00	0.00	32.00	11.10	16.00	13.53	—	13	799
0	1	50.0%	1.25	0.00	0.00	35.00	—	—	—	—	—	—
25	3	404.1%	0.50	0.00	4.90	37.00	14.10	18.20	13.70	—	—	1
20	1	412.3%	0.45	0.00	4.90	40.00	17.10	22.00	19.30	—	12	12
0	1	50.0%	1.25	0.00	0.00	45.00	—	—	—	—	—	—

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 OLMA put/call ratio?

For the December 18, 2026 expiration, the OLMA put/call ratio based on open interest is 0.69 (3,597 puts vs 5,211 calls), and 9.96 based on today's volume. A ratio above 1 means more puts than calls.

What is OLMA's implied volatility?

At-the-money implied volatility for OLMA options expiring December 18, 2026 is about 41.4%, an annualized estimate of how much the market expects Olema Pharmaceuticals stock to move.

How many OLMA option expiration dates are there?

OLMA has 7 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.