TON Strategy (TONX) Options Chain
NASDAQ: TONXFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $3.22
- Put/call ratio (OI)
- 0.34
- Put/call ratio (volume)
- 3.99
- Expected move
- ±$0.6371
- Open interest (C / P)
- 750 / 253
TONX options summary
The TONX options chain for the November 20, 2026 expiration lists 3 call and 3 put contracts, with 40 days until expiration. Open interest stands at 750 calls and 253 puts, a put/call ratio of 0.34, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 59.8%, which implies the market expects a move of about ±$0.6371 (19.8%) in TON Strategy stock by expiration.
The most open interest sits at the $5.00 call (263 contracts) and the $5.00 put (253 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TONX options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 1.00 | 0.50 | 1.15 | 2.50 | 0.00 | 0.00 | 0.41 | |||||
| 0.20 | 0.00 | 0.40 | 5.00 | 1.50 | 2.60 | 1.28 | |||||
| 0.10 | 0.00 | 0.15 | 7.50 | 3.70 | 5.20 | 3.95 | |||||
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 TONX put/call ratio?
For the November 20, 2026 expiration, the TONX put/call ratio based on open interest is 0.34 (253 puts vs 750 calls), and 3.99 based on today's volume. A ratio above 1 means more puts than calls.
What is TONX's implied volatility?
At-the-money implied volatility for TONX options expiring November 20, 2026 is about 59.8%, an annualized estimate of how much the market expects TON Strategy stock to move.
How many TONX option expiration dates are there?
TONX has 4 listed expiration dates, from Oct 16, 2026 to May 21, 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.