Tvardi Therapeutics (TVRD) Options Chain
NASDAQ: TVRDHealth CareBiotechnology: Pharmaceutical PreparationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $1.03
- Put/call ratio (OI)
- 0.02
- Put/call ratio (volume)
- 0.33
- ATM implied volatility
- 370.3%
- Expected move
- ±$1.26
- Open interest (C / P)
- 107 / 2
TVRD options summary
The TVRD options chain for the November 20, 2026 expiration lists 3 call and 2 put contracts, with 40 days until expiration. Open interest stands at 107 calls and 2 puts, a put/call ratio of 0.02, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 370.3%, which implies the market expects a move of about ±$1.26 (122.6%) in Tvardi Therapeutics stock by expiration.
The most open interest sits at the $2.50 call (53 contracts) and the $5.00 put (1 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
TVRD options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 0.05 | 0.00 | 0.50 | 2.50 | — | — | — | |||||
| 0.10 | 0.00 | 0.10 | 5.00 | 1.60 | 6.20 | 3.38 | |||||
| 0.05 | 0.00 | 4.80 | 7.50 | 4.00 | 6.70 | 6.31 | |||||
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 TVRD put/call ratio?
For the November 20, 2026 expiration, the TVRD put/call ratio based on open interest is 0.02 (2 puts vs 107 calls), and 0.33 based on today's volume. A ratio above 1 means more puts than calls.
What is TVRD's implied volatility?
At-the-money implied volatility for TVRD options expiring November 20, 2026 is about 370.3%, an annualized estimate of how much the market expects Tvardi Therapeutics stock to move.
How many TVRD option expiration dates are there?
TVRD 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.