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
- Jan 15, 2027
- Days to expiration
- 96
- Share price
- $3.46
- Put/call ratio (OI)
- 0.03
- Put/call ratio (volume)
- 0.02
- ATM implied volatility
- 130.7%
- Expected move
- ±$2.32
- Open interest (C / P)
- 14.78K / 507
WVE options summary
The WVE options chain for the January 15, 2027 expiration lists 16 call and 7 put contracts, with 96 days until expiration. Open interest stands at 14,779 calls and 507 puts, a put/call ratio of 0.03, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $3.00 strike is 130.7%, which implies the market expects a move of about ±$2.32 (67.0%) in Wave Life Sciences stock by expiration.
The most open interest sits at the $10.00 call (5.02K contracts) and the $6.00 put (151 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
WVE options chain · January 15, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 1.00 | 0.00 | 0.05 | 0.05 | |||||
| 1.90 | — | — | 2.00 | — | — | — | |||||
| 1.17 | 0.85 | 1.35 | 3.00 | — | — | — | |||||
| 0.75 | 0.60 | 0.95 | 4.00 | 0.00 | 1.90 | 0.70 | |||||
| 0.40 | 0.35 | 0.85 | 5.00 | 0.10 | 3.10 | 1.72 | |||||
| 0.41 | 0.40 | 0.70 | 6.00 | 1.75 | 3.40 | 1.75 | |||||
| 0.25 | 0.05 | 0.50 | 7.00 | 2.10 | 2.45 | 2.00 | |||||
| 0.26 | 0.00 | 0.65 | 8.00 | 3.90 | 5.30 | 3.70 | |||||
| 0.25 | 0.00 | 1.75 | 9.00 | — | — | — | |||||
| 0.19 | 0.00 | 0.50 | 10.00 | 0.00 | 0.00 | 4.20 | |||||
| 0.25 | 0.00 | 0.75 | 11.00 | — | — | — | |||||
| 0.60 | 0.00 | 0.55 | 12.00 | — | — | — | |||||
| 0.30 | 0.00 | 0.75 | 14.00 | — | — | — | |||||
| 0.18 | 0.00 | 0.75 | 15.00 | — | — | — | |||||
| 0.15 | 0.00 | 0.75 | 17.00 | — | — | — | |||||
| 0.20 | 0.00 | 2.75 | 20.00 | — | — | — | |||||
| 0.40 | 0.00 | 2.75 | 22.00 | — | — | — | |||||
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 January 15, 2027 expiration, the WVE put/call ratio based on open interest is 0.03 (507 puts vs 14,779 calls), and 0.02 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 January 15, 2027 is about 130.7%, 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.