Waystar (WAY) Options Chain

NASDAQ: WAYTechnologyEDP ServicesUSD

26.68+0.20 (+0.76%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $26.68
Put/call ratio (OI): 4.69
Put/call ratio (volume): 4.93
ATM implied volatility: 71.8%
Expected move: ±$12.65
Open interest (C / P): 84 / 394

WAY options summary

The WAY options chain for the March 19, 2027 expiration lists 8 call and 6 put contracts, with 159 days until expiration. Open interest stands at 84 calls and 394 puts, a put/call ratio of 4.69, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $27.50 strike is 71.8%, which implies the market expects a move of about ±$12.65 (47.4%) in Waystar stock by expiration.

The most open interest sits at the $30.00 call (37 contracts) and the $30.00 put (262 contracts).

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

WAY options chain · March 19, 2027

WAY 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
2	1	73.2%	14.07	12.40	16.40	12.50	—	—	—	—	—	—
—	—	—	—	—	—	17.50	0.00	0.65	1.05	60.7%	18	28
6	1	51.6%	8.36	5.50	9.60	20.00	0.00	2.25	1.10	57.4%	15	56
2	1	85.3%	5.00	3.60	7.80	22.50	0.00	2.75	1.90	70.7%	24	39
18	9	80.3%	3.50	2.25	6.30	25.00	0.35	4.10	3.17	72.4%	7	8
WAY $26.68
4	—	73.4%	2.20	0.95	4.80	27.50	1.50	5.40	3.20	70.2%	—	1
37	1	61.5%	1.50	1.05	3.10	30.00	2.85	6.80	6.00	66.9%	10	262
3	1	73.1%	1.00	0.00	3.20	32.50	—	—	—	—	—	—
12	1	66.8%	0.50	0.00	2.20	35.00	—	—	—	—	—	—

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 WAY put/call ratio?

For the March 19, 2027 expiration, the WAY put/call ratio based on open interest is 4.69 (394 puts vs 84 calls), and 4.93 based on today's volume. A ratio above 1 means more puts than calls.

What is WAY's implied volatility?

At-the-money implied volatility for WAY options expiring March 19, 2027 is about 71.8%, an annualized estimate of how much the market expects Waystar stock to move.

How many WAY option expiration dates are there?

WAY has 6 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.