Oruka Therapeutics (ORKA) Options Chain

NASDAQ: ORKAHealth CareBiotechnology: In Vitro & In Vivo Diagnostic SubstancesUSD

82.11+4.83 (+6.25%)

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

Expiration date

Expiration: Dec 17, 2027
Days to expiration: 432
Share price: $82.11
Put/call ratio (OI): 0.17
Put/call ratio (volume): 0.47
ATM implied volatility: 69.8%
Expected move: ±$62.34
Open interest (C / P): 372 / 65

ORKA options summary

The ORKA options chain for the December 17, 2027 expiration lists 19 call and 18 put contracts, with 432 days until expiration. Open interest stands at 372 calls and 65 puts, a put/call ratio of 0.17, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $80.00 strike is 69.8%, which implies the market expects a move of about ±$62.34 (75.9%) in Oruka Therapeutics stock by expiration.

The most open interest sits at the $90.00 call (93 contracts) and the $95.00 put (17 contracts).

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

ORKA options chain · December 17, 2027

ORKA 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	2	184.8%	69.00	65.00	70.00	30.00	0.70	2.95	2.20	73.0%	1	1
—	—	—	—	—	—	35.00	2.50	7.50	8.00	88.7%	1	3
—	—	—	—	—	—	45.00	3.00	8.00	8.00	70.3%	—	1
—	—	—	—	—	—	50.00	4.50	9.50	9.30	68.6%	—	1
—	—	—	—	—	—	55.00	6.50	11.50	9.50	68.4%	—	2
—	—	—	—	—	—	60.00	8.50	13.50	14.20	67.3%	1	1
—	—	—	—	—	—	70.00	0.00	0.00	32.70	3.1%	—	0
6	1	76.3%	28.00	26.50	31.50	75.00	—	—	—	—	—	—
11	10	75.7%	27.58	24.50	29.50	80.00	18.50	23.50	24.70	63.9%	1	5
ORKA $82.11
9	1	122.7%	47.50	37.50	42.50	85.00	40.50	45.50	42.80	123.1%	4	4
93	3	75.0%	36.40	21.00	26.00	90.00	—	—	—	—	—	—
17	1	147.8%	43.10	42.50	47.50	95.00	28.00	33.00	31.30	62.4%	6	17
12	3	74.4%	33.30	18.00	23.00	100.00	31.50	36.50	37.30	62.0%	—	2
0	2	6.3%	40.68	0.00	0.00	105.00	—	—	—	—	—	—
5	1	74.1%	31.50	15.50	20.50	110.00	—	—	—	—	—	—
10	6	74.3%	29.60	14.50	19.50	115.00	0.00	0.00	44.90	—	—	0
11	1	74.3%	16.00	13.50	18.50	120.00	49.50	54.50	58.00	69.0%	—	4
23	5	74.0%	27.50	12.50	17.50	125.00	53.50	58.50	61.50	68.7%	6	9
49	9	73.6%	26.70	11.50	16.50	130.00	54.50	59.50	65.00	59.4%	—	6
46	4	74.5%	30.50	11.00	16.00	135.00	61.00	66.00	67.80	66.1%	8	9
69	4	73.8%	31.00	10.00	15.00	140.00	—	—	—	—	—	—
0	1	12.5%	35.60	0.00	0.00	145.00	0.00	0.00	64.80	—	—	0
0	6	12.5%	36.10	0.00	0.00	150.00	0.00	0.00	67.90	—	—	0
10	—	73.8%	10.92	7.50	12.50	160.00	—	—	—	—	—	—
1	—	73.8%	23.36	7.00	12.00	165.00	—	—	—	—	—	—

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 ORKA put/call ratio?

For the December 17, 2027 expiration, the ORKA put/call ratio based on open interest is 0.17 (65 puts vs 372 calls), and 0.47 based on today's volume. A ratio above 1 means more puts than calls.

What is ORKA's implied volatility?

At-the-money implied volatility for ORKA options expiring December 17, 2027 is about 69.8%, an annualized estimate of how much the market expects Oruka Therapeutics stock to move.

How many ORKA option expiration dates are there?

ORKA has 8 listed expiration dates, from Oct 16, 2026 to Dec 17, 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.