Hyperliquid Strategies (PURR) Options Chain

NASDAQ: PURRFinanceFinance: Consumer ServicesUSD

11.11-0.19 (-1.68%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 6
Share price: $11.11
Put/call ratio (OI): 0.81
Put/call ratio (volume): 1.01
ATM implied volatility: 79.6%
Expected move: ±$1.13
Open interest (C / P): 73.58K / 59.93K

PURR options summary

The PURR options chain for the October 16, 2026 expiration lists 38 call and 25 put contracts, with 6 days until expiration. Open interest stands at 73,576 calls and 59,932 puts, a put/call ratio of 0.81, which is fairly balanced between calls and puts. At-the-money implied volatility near the $11.00 strike is 79.6%, which implies the market expects a move of about ±$1.13 (10.2%) in Hyperliquid Strategies stock by expiration.

The most open interest sits at the $15.00 call (25.27K contracts) and the $13.00 put (26.77K contracts).

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

PURR options chain · October 16, 2026

PURR 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
179	8	1300.0%	10.20	9.90	10.30	1.00	—	—	—	—	—	—
6	6	890.6%	10.80	8.90	9.70	2.00	—	—	—	—	—	—
—	—	—	—	—	—	4.00	0.00	0.00	0.09	50.0%	—	0
8	1	365.6%	6.26	5.90	6.50	5.00	0.00	0.00	0.03	50.0%	2	0
5	1	351.6%	5.50	4.90	5.70	6.00	0.00	0.25	0.03	315.6%	2	53
7,016	1	299.2%	4.31	3.90	4.80	7.00	0.00	0.05	0.04	178.1%	5	7,133
2,225	2	223.4%	3.30	2.85	3.80	8.00	0.00	0.05	0.03	132.8%	8	3,003
334	101	156.6%	5.20	2.00	2.60	9.00	0.00	0.05	0.04	90.6%	1	2,075
10	10	64.1%	3.10	1.05	2.20	9.50	0.00	0.10	0.10	84.4%	110	4
836	4	94.5%	1.40	1.10	1.45	10.00	0.05	0.15	0.10	78.1%	811	1,412
3	1	104.5%	1.12	0.75	1.20	10.50	0.20	0.30	0.19	83.2%	65	147
8,752	865	80.9%	0.55	0.50	0.60	11.00	0.40	0.45	0.40	78.3%	1,007	3,659
PURR $11.11
234	154	87.9%	0.40	0.30	0.45	11.50	0.65	0.85	0.69	85.2%	17	730
2,297	1,091	92.8%	0.23	0.20	0.30	12.00	0.95	1.20	1.10	80.1%	430	2,786
393	73	87.5%	0.10	0.10	0.15	12.50	1.35	1.70	1.47	89.8%	14	348
2,185	34	98.0%	0.12	0.05	0.15	13.00	1.70	2.20	1.85	85.2%	24	26,768
137	13	95.3%	0.05	0.00	0.10	13.50	2.20	2.60	2.26	70.3%	39	383
5,326	85	108.6%	0.05	0.00	0.10	14.00	2.55	3.20	2.57	183.2%	5	1,062
159	2	120.3%	0.05	0.00	0.10	14.50	2.85	3.70	3.10	199.2%	2	26
25,268	25	115.6%	0.05	0.00	0.05	15.00	3.60	4.20	3.80	100.0%	10	10,317
145	2	126.6%	0.03	0.00	0.05	15.50	—	—	—	—	—	—
3,079	6	135.9%	0.03	0.00	0.05	16.00	4.30	5.20	3.60	241.8%	1	2
19	1	145.3%	0.05	0.00	0.05	16.50	4.80	5.70	3.70	254.7%	—	0
3,911	5	153.1%	0.03	0.00	0.05	17.00	5.50	6.10	3.72	238.3%	—	1
41	8	182.8%	0.05	0.00	0.10	17.50	—	—	—	—	—	—
3,202	4	170.3%	0.04	0.00	0.05	18.00	6.30	7.20	4.20	289.1%	—	1
79	5	214.8%	0.05	0.00	0.15	18.50	6.80	7.80	5.02	325.8%	—	1
125	1	223.4%	0.03	0.00	0.15	19.00	7.30	8.30	5.40	335.9%	1	0
4	1	231.3%	0.05	0.00	0.15	19.50	—	—	—	—	—	—
7,551	5	200.0%	0.03	0.00	0.05	20.00	8.30	9.20	8.27	328.9%	2	21
13	7	212.5%	0.05	0.00	0.05	21.00	—	—	—	—	—	—
5	3	307.0%	0.05	0.00	0.30	22.00	—	—	—	—	—	—
5	1	310.2%	0.05	0.00	0.25	23.00	—	—	—	—	—	—
1	—	323.4%	0.05	0.00	0.25	24.00	—	—	—	—	—	—
16	1	335.9%	0.05	0.00	0.25	25.00	—	—	—	—	—	—
1	—	348.4%	0.05	0.00	0.25	26.00	—	—	—	—	—	—
3	—	359.4%	0.05	0.00	0.25	27.00	—	—	—	—	—	—
1	—	370.3%	0.05	0.00	0.25	28.00	—	—	—	—	—	—
2	1	348.4%	0.05	0.00	0.15	29.00	—	—	—	—	—	—

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 PURR put/call ratio?

For the October 16, 2026 expiration, the PURR put/call ratio based on open interest is 0.81 (59,932 puts vs 73,576 calls), and 1.01 based on today's volume. A ratio above 1 means more puts than calls.

What is PURR's implied volatility?

At-the-money implied volatility for PURR options expiring October 16, 2026 is about 79.6%, an annualized estimate of how much the market expects Hyperliquid Strategies stock to move.

How many PURR option expiration dates are there?

PURR 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.