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: Jan 21, 2028
Days to expiration: 468
Share price: $76.28
Put/call ratio (OI): 1.21
Put/call ratio (volume): 1.29
ATM implied volatility: 80.4%
Expected move: ±$69.45
Open interest (C / P): 6.15K / 7.44K

PENG options summary

The PENG options chain for the January 21, 2028 expiration lists 31 call and 28 put contracts, with 468 days until expiration. Open interest stands at 6,151 calls and 7,440 puts, a put/call ratio of 1.21, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $75.00 strike is 80.4%, which implies the market expects a move of about ±$69.45 (91.0%) in Penguin Solutions stock by expiration.

The most open interest sits at the $25.00 call (2.04K contracts) and the $10.00 put (4.44K contracts).

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

PENG options chain · January 21, 2028

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	2	161.3%	70.75	71.50	76.50	2.50	0.00	2.65	0.25	268.5%	5	30
14	1	—	82.50	43.50	48.50	5.00	0.00	0.55	0.42	128.3%	20	25
8	1	—	41.00	42.50	47.00	7.50	0.00	0.25	0.25	94.7%	10	130
10	1	100.7%	64.30	65.00	68.40	10.00	0.00	0.65	0.30	96.1%	5	4,443
1	1	—	42.00	38.50	43.00	12.50	0.00	5.00	3.10	139.5%	—	5
26	3	98.0%	47.52	60.50	64.20	15.00	0.20	1.15	0.40	88.3%	5	33
2	1	—	34.70	35.00	39.50	17.50	0.45	1.40	1.05	85.8%	2	55
10	1	102.0%	35.14	56.50	61.00	20.00	0.65	1.85	1.05	84.1%	1	12
3	1	—	49.40	32.50	35.60	22.50	—	—	—	—	—	—
2,041	1	90.8%	52.30	52.50	55.90	25.00	2.00	7.00	7.45	106.2%	4	7
81	4	89.7%	50.00	49.00	52.30	30.00	2.70	4.20	3.50	82.2%	1	14
64	1	90.7%	42.00	46.00	49.30	35.00	4.10	5.80	9.50	81.3%	1	12
93	43	89.8%	41.50	42.50	46.80	40.00	5.00	7.60	8.62	78.2%	3	667
153	7	87.5%	38.00	40.00	43.10	45.00	7.50	9.60	8.65	79.1%	24	24
212	4	88.3%	39.00	37.80	40.70	50.00	9.60	11.60	11.14	77.8%	5	58
429	31	85.8%	34.80	35.00	37.80	55.00	12.00	14.10	14.33	77.5%	2	31
218	12	87.4%	34.00	32.50	36.90	60.00	14.20	16.80	16.00	76.4%	40	166
258	2	86.9%	29.20	30.50	34.80	65.00	17.20	19.80	18.80	76.8%	2	62
57	1	86.2%	24.40	29.00	32.30	70.00	18.90	22.80	22.00	74.3%	2	26
173	1	84.9%	27.00	27.00	30.20	75.00	23.00	26.10	33.30	75.9%	12	54
PENG $76.28
476	3	85.7%	26.50	25.50	29.10	80.00	25.70	29.40	37.30	74.8%	7	1,507
0	2	3.1%	20.50	0.00	0.00	85.00	29.20	32.60	32.70	74.4%	3	18
34	1	85.2%	22.00	22.50	26.30	90.00	—	—	—	—	—	—
110	1	86.1%	21.85	21.50	25.40	95.00	—	—	—	—	—	—
142	1	84.2%	20.20	20.00	23.30	100.00	57.80	60.90	61.00	127.8%	25	22
136	17	84.3%	19.90	19.00	22.20	105.00	43.50	47.50	48.10	73.2%	2	12
106	2	86.2%	19.21	18.50	22.00	110.00	65.50	70.00	59.72	128.2%	1	5
90	5	86.0%	18.20	17.50	21.00	115.00	69.50	74.50	74.18	128.4%	1	2
163	10	86.4%	17.50	16.50	20.50	120.00	0.00	0.00	71.30	—	26	0
259	15	85.3%	16.60	15.70	18.90	125.00	78.60	83.50	75.10	130.1%	18	18
782	1	84.9%	15.30	15.00	17.80	130.00	64.10	67.50	74.48	72.3%	1	2

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 January 21, 2028 expiration, the PENG put/call ratio based on open interest is 1.21 (7,440 puts vs 6,151 calls), and 1.29 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 January 21, 2028 is about 80.4%, 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.