Wave Life Sciences (WVE) Options Chain
NASDAQ: WVEHealth 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
- $3.46
- Put/call ratio (OI)
- 0.74
- Put/call ratio (volume)
- 0.07
- ATM implied volatility
- 123.8%
- Expected move
- ±$1.42
- Open interest (C / P)
- 1.39K / 1.03K
WVE options summary
The WVE options chain for the November 20, 2026 expiration lists 7 call and 4 put contracts, with 40 days until expiration. Open interest stands at 1,391 calls and 1,031 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $3.00 strike is 123.8%, which implies the market expects a move of about ±$1.42 (41.0%) in Wave Life Sciences stock by expiration.
The most open interest sits at the $7.00 call (639 contracts) and the $4.00 put (890 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
WVE options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 2.53 | 0.30 | 4.90 | 1.00 | — | — | — | |||||
| 0.90 | 0.55 | 1.20 | 3.00 | 0.00 | 0.50 | 0.35 | |||||
| 0.40 | 0.35 | 0.85 | 4.00 | 0.85 | 1.05 | 1.00 | |||||
| 0.30 | 0.20 | 0.35 | 5.00 | 1.05 | 2.45 | 1.62 | |||||
| 0.15 | 0.00 | 0.35 | 6.00 | 2.25 | 3.90 | 1.95 | |||||
| 0.15 | 0.00 | 0.55 | 7.00 | — | — | — | |||||
| 0.10 | 0.00 | 0.35 | 8.00 | — | — | — | |||||
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 November 20, 2026 expiration, the WVE put/call ratio based on open interest is 0.74 (1,031 puts vs 1,391 calls), and 0.07 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 November 20, 2026 is about 123.8%, 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.