Viper Energy (VNOM) Options Chain

NASDAQ: VNOMEnergyOil & Gas ProductionUSD

42.99+0.36 (+0.84%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $42.99
Put/call ratio (OI): 0.20
Put/call ratio (volume): 0.09
ATM implied volatility: 34.9%
Expected move: ±$6.48
Open interest (C / P): 5.82K / 1.15K

VNOM options summary

The VNOM options chain for the December 18, 2026 expiration lists 21 call and 19 put contracts, with 68 days until expiration. Open interest stands at 5,824 calls and 1,151 puts, a put/call ratio of 0.20, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $43.00 strike is 34.9%, which implies the market expects a move of about ±$6.48 (15.1%) in Viper Energy stock by expiration.

The most open interest sits at the $45.00 call (2.19K contracts) and the $40.00 put (346 contracts).

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

VNOM options chain · December 18, 2026

VNOM 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
0	2	—	21.70	0.00	0.00	25.00	—	—	—	—	—	—
32	15	57.9%	15.40	12.20	14.40	30.00	0.00	0.00	0.25	25.0%	2	0
5	2	61.5%	5.80	7.50	9.30	35.00	0.10	0.75	0.35	49.4%	1	114
2	—	105.9%	10.90	9.50	11.80	37.00	0.25	0.75	0.60	40.1%	10	58
0	2	—	10.10	0.00	0.00	38.00	0.20	1.20	1.90	43.9%	5	45
12	10	56.3%	4.50	5.40	7.20	39.00	0.35	1.40	1.50	42.0%	10	11
94	7	41.3%	4.15	3.40	4.70	40.00	0.95	1.25	1.35	34.3%	2	346
190	4	37.0%	3.30	2.90	3.80	41.00	0.95	2.10	1.30	41.1%	1	16
159	5	39.1%	1.70	2.20	3.40	42.00	1.60	2.55	2.19	41.0%	1	318
VNOM $42.99
234	1	33.6%	2.00	1.65	2.50	43.00	2.00	2.70	2.55	36.2%	11	65
72	1	35.5%	0.93	1.20	2.20	44.00	2.25	3.70	3.10	42.1%	9	11
2,185	12	32.5%	1.30	0.85	1.60	45.00	3.10	4.40	4.84	43.3%	3	27
207	12	30.5%	1.10	0.75	1.15	46.00	2.65	4.60	5.79	36.9%	5	38
122	22	39.1%	0.57	0.10	1.45	47.00	4.10	5.90	3.25	45.5%	2	17
1,023	961	37.5%	1.70	0.05	1.10	48.00	4.70	6.90	7.50	49.5%	1	6
88	10	39.3%	1.50	0.05	1.00	49.00	0.00	0.00	5.10	—	—	0
913	60	38.0%	0.32	0.10	0.75	50.00	—	—	—	—	—	—
116	5	47.0%	0.10	0.00	0.55	55.00	11.10	13.60	10.20	67.5%	1	38
123	3	56.5%	0.05	0.00	0.50	60.00	14.40	16.40	18.80	—	37	41
137	1	54.3%	0.05	0.00	0.20	65.00	0.00	0.00	18.58	—	2	0
110	2	55.1%	0.16	0.00	0.20	70.00	0.00	0.00	28.21	—	1	0

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 VNOM put/call ratio?

For the December 18, 2026 expiration, the VNOM put/call ratio based on open interest is 0.20 (1,151 puts vs 5,824 calls), and 0.09 based on today's volume. A ratio above 1 means more puts than calls.

What is VNOM's implied volatility?

At-the-money implied volatility for VNOM options expiring December 18, 2026 is about 34.9%, an annualized estimate of how much the market expects Viper Energy stock to move.

How many VNOM option expiration dates are there?

VNOM has 5 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.