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: Jan 15, 2027
Days to expiration: 96
Share price: $5.77
Put/call ratio (OI): 0.30
Put/call ratio (volume): 0.27
ATM implied volatility: 78.3%
Expected move: ±$2.32
Open interest (C / P): 69.87K / 20.93K

RCAT options summary

The RCAT options chain for the January 15, 2027 expiration lists 24 call and 23 put contracts, with 96 days until expiration. Open interest stands at 69,872 calls and 20,926 puts, a put/call ratio of 0.30, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $6.00 strike is 78.3%, which implies the market expects a move of about ±$2.32 (40.1%) in Red Cat stock by expiration.

The most open interest sits at the $7.00 call (7.89K contracts) and the $9.00 put (6.38K contracts).

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

RCAT options chain · January 15, 2027

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
1,513	1	89.1%	3.20	2.72	2.95	3.00	0.02	0.06	0.04	79.7%	4	928
190	254	88.7%	1.95	1.92	2.14	4.00	0.14	0.19	0.15	74.2%	1	155
2,340	81	79.3%	1.31	1.26	1.36	5.00	0.40	0.55	0.54	73.0%	46	2,117
RCAT $5.77
1,542	5	82.9%	0.95	0.82	0.95	6.00	0.93	1.08	1.00	73.6%	32	2,012
7,894	126	85.7%	0.56	0.56	0.65	7.00	1.75	1.98	1.80	88.3%	150	2,766
1,795	94	86.7%	0.41	0.38	0.43	8.00	2.54	2.68	2.46	84.2%	57	1,071
6,366	46	87.7%	0.28	0.25	0.30	9.00	3.15	3.55	3.44	67.8%	10	6,380
7,171	426	91.4%	0.21	0.20	0.22	10.00	4.25	4.50	4.38	82.2%	9	2,047
1,175	13	91.4%	0.14	0.12	0.17	11.00	5.00	5.55	5.20	71.1%	3	266
4,685	43	100.4%	0.13	0.10	0.20	12.00	6.10	6.45	6.26	78.1%	12	1,876
1,422	5	96.5%	0.10	0.06	0.12	13.00	6.90	7.45	5.75	118.8%	5	114
1,181	23	96.5%	0.07	0.05	0.08	14.00	7.90	8.45	7.49	125.6%	4	177
6,995	21	102.0%	0.05	0.05	0.08	15.00	8.90	9.45	8.59	132.0%	1	457
356	7	92.2%	0.04	0.00	0.05	16.00	9.85	10.75	9.22	108.6%	6	19
2,292	6	100.8%	0.01	0.01	0.06	17.00	10.95	11.40	10.85	134.8%	4	500
1,027	180	100.0%	0.05	0.00	0.05	18.00	0.00	0.00	9.50	—	100	0
343	1	135.2%	0.09	0.00	0.25	19.00	—	—	—	—	—	—
6,130	53	114.8%	0.04	0.02	0.06	20.00	13.80	14.75	12.68	117.2%	5	28
5,771	5	114.1%	0.01	0.00	0.05	22.00	0.00	0.00	12.55	—	20	0
2,002	15	125.0%	0.04	0.00	0.06	25.00	0.00	0.00	12.57	—	10	0
3,051	385	123.4%	0.04	0.00	0.04	27.00	20.85	21.75	18.45	147.7%	1	0
1,206	10	131.3%	0.05	0.00	0.04	30.00	23.85	24.60	21.55	211.9%	1	8
225	1	139.1%	0.10	0.00	0.05	32.00	25.80	26.60	23.55	217.2%	1	0
3,200	10	140.6%	0.01	0.00	0.04	35.00	25.30	25.90	22.90	—	2	5

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 January 15, 2027 expiration, the RCAT put/call ratio based on open interest is 0.30 (20,926 puts vs 69,872 calls), and 0.27 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 January 15, 2027 is about 78.3%, 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.