Wave Life Sciences (WVE) Options Chain

NASDAQ: WVEHealth CareBiotechnology: Pharmaceutical PreparationsUSD

3.47-0.07 (-1.98%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $3.47
Put/call ratio (OI): 0.06
Put/call ratio (volume): 0.04
ATM implied volatility: 127.3%
Expected move: ±$0.6119
Open interest (C / P): 17.28K / 1.02K

WVE options summary

The WVE options chain for the October 16, 2026 expiration lists 19 call and 13 put contracts, with 7 days until expiration. Open interest stands at 17,283 calls and 1,019 puts, a put/call ratio of 0.06, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $3.00 strike is 127.3%, which implies the market expects a move of about ±$0.6119 (17.6%) in Wave Life Sciences stock by expiration.

The most open interest sits at the $8.00 call (11.12K contracts) and the $4.00 put (336 contracts).

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

WVE options chain · October 16, 2026

WVE 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
66	61	110.9%	1.05	0.05	1.00	3.00	0.05	0.15	0.13	143.8%	30	103
WVE $3.47
389	31	200.8%	0.15	0.15	0.30	4.00	0.00	1.05	0.65	346.9%	18	336
498	1	389.1%	0.05	0.00	0.75	5.00	1.00	2.10	1.35	150.0%	2	245
924	20	248.4%	0.10	0.00	0.10	6.00	2.10	3.20	2.90	312.5%	6	252
2,212	5	516.4%	0.05	0.00	0.70	7.00	2.90	4.10	2.50	632.8%	1	44
11,116	1	337.5%	0.05	0.00	0.10	8.00	3.90	5.10	3.37	684.4%	5	0
240	1	578.1%	0.08	0.00	0.60	9.00	3.20	4.40	3.00	—	2	5
0	1	50.0%	0.45	0.00	0.00	10.00	4.20	5.40	4.00	—	10	1
1,489	1,956	381.3%	0.05	0.00	0.05	11.00	0.00	0.00	4.30	—	—	0
172	2	718.8%	0.10	0.00	0.75	12.00	4.50	6.30	5.30	—	5	33
63	10	421.9%	0.10	0.00	0.05	13.00	0.00	0.00	6.36	—	10	0
4	1	767.2%	0.45	0.00	0.75	14.00	—	—	—	—	—	—
13	2	846.9%	0.34	0.00	0.95	15.00	—	—	—	—	—	—
0	—	50.0%	0.35	0.00	0.00	17.00	—	—	—	—	—	—
3	1	842.2%	0.15	0.00	0.75	18.00	—	—	—	—	—	—
2	—	857.8%	0.15	0.00	0.75	19.00	0.00	0.00	12.20	—	—	0
0	1	50.0%	0.50	0.00	0.00	20.00	11.50	16.40	14.16	—	—	0
1	—	1144.5%	2.00	0.00	1.70	21.00	—	—	—	—	—	—
91	26	1092.2%	0.05	0.00	1.30	25.00	—	—	—	—	—	—

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 WVE put/call ratio?

For the October 16, 2026 expiration, the WVE put/call ratio based on open interest is 0.06 (1,019 puts vs 17,283 calls), and 0.04 based on today's volume. A ratio above 1 means more puts than calls.

What is WVE's implied volatility?

At-the-money implied volatility for WVE options expiring October 16, 2026 is about 127.3%, an annualized estimate of how much the market expects Wave Life Sciences stock to move.

How many WVE option expiration dates are there?

WVE has 7 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.