Penguin Solutions (PENG) Options Chain

NASDAQ: PENGTechnologySemiconductorsUSD

76.28+4.71 (+6.58%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $76.28
Put/call ratio (OI): 0.48
Put/call ratio (volume): 0.69
ATM implied volatility: 77.1%
Expected move: ±$25.37
Open interest (C / P): 3.83K / 1.85K

PENG options summary

The PENG options chain for the December 18, 2026 expiration lists 26 call and 22 put contracts, with 68 days until expiration. Open interest stands at 3,826 calls and 1,847 puts, a put/call ratio of 0.48, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $75.00 strike is 77.1%, which implies the market expects a move of about ±$25.37 (33.3%) in Penguin Solutions stock by expiration.

The most open interest sits at the $75.00 call (402 contracts) and the $40.00 put (458 contracts).

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

PENG options chain · December 18, 2026

PENG 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	1	—	41.60	0.00	0.00	12.50	0.00	0.80	0.40	230.9%	14	24
0	1	—	41.75	0.00	0.00	15.00	0.00	0.65	0.05	199.8%	1	48
—	—	—	56.60	—	—	17.50	0.00	0.80	0.05	188.1%	—	5
46	1	—	40.95	29.30	33.20	20.00	0.00	0.20	0.10	137.9%	5	11
—	—	—	—	—	—	22.50	0.00	0.60	0.48	149.2%	1	57
31	2	167.2%	28.90	49.60	52.10	25.00	0.00	0.40	0.15	128.3%	3	125
44	5	168.8%	25.45	44.60	47.90	30.00	0.00	0.20	0.05	98.0%	1	124
30	1	68.0%	39.00	39.70	42.90	35.00	0.05	0.30	0.15	90.1%	24	157
381	1	79.0%	37.50	34.90	38.10	40.00	0.05	0.65	0.27	86.0%	1	458
53	7	88.5%	18.92	30.90	33.40	45.00	0.25	0.85	0.65	79.4%	2	169
204	4	77.2%	22.79	25.90	28.70	50.00	0.90	1.30	1.25	78.8%	4	83
47	31	74.8%	19.00	21.60	24.40	55.00	1.60	2.25	2.10	77.8%	13	232
235	11	74.2%	18.78	17.80	20.50	60.00	2.60	3.50	3.46	76.3%	10	163
257	6	72.1%	16.09	14.40	16.70	65.00	4.00	5.30	6.20	75.7%	8	85
258	5	78.0%	13.70	13.00	13.60	70.00	6.00	7.20	8.00	74.5%	122	32
402	43	78.9%	11.80	10.10	11.80	75.00	8.60	9.80	10.41	75.2%	6	17
PENG $76.28
347	53	77.5%	8.50	8.20	9.20	80.00	11.20	12.80	13.70	74.3%	1	7
237	23	76.9%	6.10	6.10	7.70	85.00	14.50	16.20	16.39	74.9%	22	28
160	7	76.6%	5.73	4.90	6.00	90.00	18.10	20.60	19.70	78.0%	2	11
49	5	78.3%	4.13	4.10	4.90	95.00	45.00	47.50	35.20	256.9%	—	3
401	32	79.9%	3.80	3.50	4.00	100.00	—	—	—	—	—	—
64	2	80.6%	2.25	2.50	3.60	105.00	54.40	56.90	43.00	268.9%	—	6
275	1	82.7%	2.05	2.05	3.20	110.00	—	—	—	—	—	—
76	4	81.7%	1.55	1.65	2.40	115.00	—	—	—	—	—	—
50	31	79.0%	1.70	1.00	1.85	120.00	68.80	71.20	57.15	284.7%	2	2
52	5	83.9%	1.10	1.15	1.70	125.00	—	—	—	—	—	—
127	67	83.5%	0.95	0.90	1.35	130.00	—	—	—	—	—	—

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 PENG put/call ratio?

For the December 18, 2026 expiration, the PENG put/call ratio based on open interest is 0.48 (1,847 puts vs 3,826 calls), and 0.69 based on today's volume. A ratio above 1 means more puts than calls.

What is PENG's implied volatility?

At-the-money implied volatility for PENG options expiring December 18, 2026 is about 77.1%, an annualized estimate of how much the market expects Penguin Solutions stock to move.

How many PENG option expiration dates are there?

PENG has 11 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.