ARS Pharmaceuticals (SPRY) Options Chain

NASDAQ: SPRYHealth CareBiotechnology: Pharmaceutical PreparationsUSD

4.23-0.33 (-7.24%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $4.23
Put/call ratio (OI): 0.15
Put/call ratio (volume): 0.43
ATM implied volatility: 91.4%
Expected move: ±$2.55
Open interest (C / P): 1.39K / 214

SPRY options summary

The SPRY options chain for the March 19, 2027 expiration lists 6 call and 4 put contracts, with 159 days until expiration. Open interest stands at 1,392 calls and 214 puts, a put/call ratio of 0.15, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 91.4%, which implies the market expects a move of about ±$2.55 (60.3%) in ARS Pharmaceuticals stock by expiration.

The most open interest sits at the $12.50 call (515 contracts) and the $5.00 put (204 contracts).

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

SPRY options chain · March 19, 2027

SPRY 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
55	4	107.0%	2.10	0.95	3.10	2.50	0.00	1.15	0.37	150.4%	5	5
SPRY $4.23
191	9	97.8%	0.85	0.00	1.65	5.00	1.00	1.90	1.48	85.0%	1	204
434	1	118.6%	0.38	0.00	1.15	7.50	2.30	4.10	2.40	142.1%	—	2
120	2	143.8%	0.21	0.00	1.15	10.00	4.70	6.60	6.00	167.8%	6	3
515	10	94.5%	0.06	0.00	0.15	12.50	—	—	—	—	—	—
77	2	133.6%	0.10	0.00	0.45	15.00	—	—	—	—	—	—

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 SPRY put/call ratio?

For the March 19, 2027 expiration, the SPRY put/call ratio based on open interest is 0.15 (214 puts vs 1,392 calls), and 0.43 based on today's volume. A ratio above 1 means more puts than calls.

What is SPRY's implied volatility?

At-the-money implied volatility for SPRY options expiring March 19, 2027 is about 91.4%, an annualized estimate of how much the market expects ARS Pharmaceuticals stock to move.

How many SPRY option expiration dates are there?

SPRY has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.

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.