Red Cat (RCAT) Options Chain

NASDAQ: RCATTechnologyComputer Software: Prepackaged SoftwareUSD

5.77-0.14 (-2.37%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $5.77
Put/call ratio (OI): 0.68
Put/call ratio (volume): 0.38
ATM implied volatility: 80.1%
Expected move: ±$1.53
Open interest (C / P): 24.04K / 16.26K

RCAT options summary

The RCAT options chain for the November 20, 2026 expiration lists 26 call and 16 put contracts, with 40 days until expiration. Open interest stands at 24,041 calls and 16,257 puts, a put/call ratio of 0.68, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $6.00 strike is 80.1%, which implies the market expects a move of about ±$1.53 (26.5%) in Red Cat stock by expiration.

The most open interest sits at the $7.00 call (6.83K contracts) and the $7.00 put (7.62K contracts).

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

RCAT options chain · November 20, 2026

RCAT 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
1	—	356.3%	5.52	4.55	5.15	1.00	—	—	—	—	—	—
1	—	137.5%	4.90	3.40	4.15	2.00	0.00	0.23	0.01	240.6%	—	1
7	1	227.7%	3.83	2.40	3.10	3.00	0.00	0.08	0.07	122.7%	1	63
15	1	83.6%	2.00	1.52	2.14	4.00	0.01	0.14	0.05	89.1%	20	56
81	4	87.5%	1.18	1.00	1.17	5.00	0.22	0.30	0.27	78.5%	201	582
RCAT $5.77
673	97	84.0%	0.54	0.51	0.59	6.00	0.65	0.79	0.77	76.2%	22	3,116
6,832	224	86.3%	0.27	0.25	0.30	7.00	1.36	1.50	1.47	74.6%	36	7,622
2,235	209	85.9%	0.13	0.10	0.15	8.00	2.21	2.50	2.33	85.9%	11	1,466
2,660	131	93.8%	0.08	0.07	0.09	9.00	3.15	3.55	3.30	104.3%	10	381
2,368	12	109.4%	0.04	0.04	0.12	10.00	4.15	4.55	4.25	120.3%	11	984
1,804	69	113.3%	0.04	0.03	0.08	11.00	5.05	5.45	5.30	95.3%	4	961
2,415	57	112.5%	0.04	0.00	0.06	12.00	6.05	6.45	6.22	104.7%	23	370
393	1	121.9%	0.05	0.00	0.06	13.00	6.90	7.45	6.05	182.4%	7	282
657	16	126.6%	0.04	0.01	0.04	14.00	7.85	8.45	7.42	193.0%	4	333
885	31	134.4%	0.03	0.01	0.04	15.00	8.85	9.70	8.24	146.9%	1	38
384	5	137.5%	0.05	0.00	0.04	16.00	9.85	10.60	8.35	242.6%	10	2
256	21	148.4%	0.02	0.00	0.05	17.00	—	—	—	—	—	—
114	3	143.8%	0.02	0.00	0.03	18.00	—	—	—	—	—	—
239	10	204.7%	0.18	0.00	0.23	19.00	0.00	0.00	7.59	—	2	0
859	1	160.9%	0.02	0.00	0.04	20.00	—	—	—	—	—	—
532	10	193.8%	0.06	0.00	0.06	25.00	—	—	—	—	—	—
0	40	50.0%	0.36	0.00	0.00	26.00	—	—	—	—	—	—
24	6	244.5%	0.12	0.00	0.22	27.00	—	—	—	—	—	—
0	1	50.0%	0.17	0.00	0.00	28.00	—	—	—	—	—	—
9	7	280.1%	0.11	0.00	0.39	29.00	—	—	—	—	—	—
597	10	187.5%	0.01	0.00	0.02	30.00	—	—	—	—	—	—

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 RCAT put/call ratio?

For the November 20, 2026 expiration, the RCAT put/call ratio based on open interest is 0.68 (16,257 puts vs 24,041 calls), and 0.38 based on today's volume. A ratio above 1 means more puts than calls.

What is RCAT's implied volatility?

At-the-money implied volatility for RCAT options expiring November 20, 2026 is about 80.1%, an annualized estimate of how much the market expects Red Cat stock to move.

How many RCAT option expiration dates are there?

RCAT has 10 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.