Xanadu Quantum Technologies (XNDU) Options Chain

NASDAQ: XNDUTechnologyComputer ManufacturingUSD

3.90-0.22 (-5.34%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $3.90
Put/call ratio (OI): 0.51
Put/call ratio (volume): 0.83
ATM implied volatility: 104.0%
Expected move: ±$4.59
Open interest (C / P): 614 / 316

XNDU options summary

The XNDU options chain for the January 21, 2028 expiration lists 5 call and 6 put contracts, with 468 days until expiration. Open interest stands at 614 calls and 316 puts, a put/call ratio of 0.51, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 104.0%, which implies the market expects a move of about ±$4.59 (117.8%) in Xanadu Quantum Technologies stock by expiration.

The most open interest sits at the $5.00 call (299 contracts) and the $5.00 put (150 contracts).

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

XNDU options chain · January 21, 2028

XNDU 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
31	47	185.9%	2.25	2.00	4.00	2.50	0.00	0.85	0.80	69.7%	5	26
XNDU $3.90
299	33	117.0%	1.65	1.45	1.90	5.00	2.10	2.60	2.40	91.1%	70	150
122	2	126.6%	1.15	0.90	2.00	7.50	4.20	5.80	4.45	123.7%	2	104
150	1	128.1%	1.00	0.75	1.70	10.00	5.10	8.00	6.01	82.7%	1	15
—	—	—	—	—	—	15.00	9.20	13.10	10.00	61.7%	—	1
12	11	167.2%	0.95	0.00	2.95	17.50	11.00	16.00	12.00	225.6%	—	20

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 XNDU put/call ratio?

For the January 21, 2028 expiration, the XNDU put/call ratio based on open interest is 0.51 (316 puts vs 614 calls), and 0.83 based on today's volume. A ratio above 1 means more puts than calls.

What is XNDU's implied volatility?

At-the-money implied volatility for XNDU options expiring January 21, 2028 is about 104.0%, an annualized estimate of how much the market expects Xanadu Quantum Technologies stock to move.

How many XNDU option expiration dates are there?

XNDU has 12 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.