Trevi Therapeutics (TRVI) Options Chain

NASDAQ: TRVIHealth CareBiotechnology: Pharmaceutical PreparationsUSD

13.19+0.365 (+2.85%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $13.19
Put/call ratio (OI): 0.01
Put/call ratio (volume): 0.11
ATM implied volatility: 55.1%
Expected move: ±$3.73
Open interest (C / P): 4.56K / 41

TRVI options summary

The TRVI options chain for the January 15, 2027 expiration lists 14 call and 7 put contracts, with 96 days until expiration. Open interest stands at 4,562 calls and 41 puts, a put/call ratio of 0.01, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $13.00 strike is 55.1%, which implies the market expects a move of about ±$3.73 (28.2%) in Trevi Therapeutics stock by expiration.

The most open interest sits at the $15.00 call (2.64K contracts) and the $7.00 put (20 contracts).

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

TRVI options chain · January 15, 2027

TRVI 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
4	3	151.6%	8.40	4.30	8.50	5.00	—	—	—	—	—	—
1,012	1	220.2%	7.70	4.20	8.00	7.00	0.05	4.00	1.00	235.2%	—	20
93	1	140.6%	5.58	1.40	5.10	10.00	0.00	3.30	2.20	127.9%	—	5
—	—	—	—	—	—	11.00	0.00	2.00	0.30	77.0%	—	1
273	13	89.9%	6.15	0.40	2.95	12.00	0.00	2.00	0.98	59.0%	1	2
19	1	55.1%	5.50	0.20	2.95	13.00	—	—	—	—	—	—
TRVI $13.19
2,639	15	53.3%	1.17	0.00	1.60	15.00	4.20	8.00	4.70	184.5%	1	0
—	—	—	1.06	—	—	16.00	—	—	—	—	—	—
2	2	143.8%	4.40	1.25	3.70	18.00	—	—	—	—	—	—
0	—	12.5%	2.40	0.00	0.00	19.00	0.00	0.00	2.51	—	—	0
239	2	57.6%	0.25	0.05	0.30	20.00	5.10	9.00	4.60	62.5%	5	13
—	—	—	0.40	—	—	22.00	—	—	—	—	—	—
250	3	128.1%	0.35	0.05	2.00	25.00	—	—	—	—	—	—
1	—	143.2%	1.00	0.00	2.35	27.00	—	—	—	—	—	—
30	20	117.8%	0.47	0.00	0.95	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 TRVI put/call ratio?

For the January 15, 2027 expiration, the TRVI put/call ratio based on open interest is 0.01 (41 puts vs 4,562 calls), and 0.11 based on today's volume. A ratio above 1 means more puts than calls.

What is TRVI's implied volatility?

At-the-money implied volatility for TRVI options expiring January 15, 2027 is about 55.1%, an annualized estimate of how much the market expects Trevi Therapeutics stock to move.

How many TRVI option expiration dates are there?

TRVI has 6 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.