Average implied volatility across the listed chain right now: 202%. Implied volatility measures how big a price swing the options market is pricing in — there is no fixed “normal” level, it varies a lot by stock.
Nearest listed expiry only. Calls above the line, puts below — clusters mark strikes where the market has built up the most open positions.
The “volatility smile”: strikes far from the current price often price in richer implied volatility than at-the-money strikes.
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 16 Oct 2026 | $5.00 | $0.53 | $0.45/$0.65 | 105 | 683 | 89% |
| 16 Oct 2026 | $6.00 | $0.11 | $0.10/$0.15 | 71 | 5,528 | 97% |
| 16 Oct 2026 | $4.00 | $1.63 | $1.15/$1.60 | 0 | 31 | 0% |
| 16 Oct 2026 | $7.00 | $0.05 | $0.00/$0.05 | 1 | 1,237 | 125% |
| 16 Oct 2026 | $3.00 | $2.62 | $2.10/$2.85 | 0 | 1 | 256% |
| 16 Oct 2026 | $8.00 | $0.04 | $0.00/$0.05 | 0 | 589 | 160% |
| 16 Oct 2026 | $2.00 | $3.62 | $3.10/$3.90 | 0 | 0 | 449% |
| 16 Oct 2026 | $9.00 | $0.02 | $0.00/$0.05 | 0 | 17 | 176% |
| 16 Oct 2026 | $1.00 | $4.46 | $4.20/$4.70 | 1 | 1 | 577% |
| 16 Oct 2026 | $10.00 | $0.01 | $0.00/$0.05 | 0 | 28 | 189% |
| 16 Oct 2026 | $11.00 | $0.01 | $0.00/$0.20 | 0 | 1 | 200% |
| 16 Oct 2026 | $12.00 | $0.01 | $0.00/$0.05 | 0 | 5 | 210% |
| 16 Oct 2026 | $13.00 | $0.00 | $0.00/$0.05 | 0 | 15 | 218% |
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 16 Oct 2026 | $5.00 | $0.12 | $0.10/$0.15 | 52 | 859 | 93% |
| 16 Oct 2026 | $6.00 | $0.75 | $0.65/$0.85 | 39 | 248 | 118% |
| 16 Oct 2026 | $4.00 | $0.00 | $0.00/$0.10 | 0 | 311 | 98% |
| 16 Oct 2026 | $7.00 | $1.45 | $1.35/$1.90 | 0 | 359 | 132% |
| 16 Oct 2026 | $3.00 | $0.00 | $0.00/$0.25 | 0 | 1 | 119% |
| 16 Oct 2026 | $8.00 | $2.41 | $2.15/$2.90 | 0 | 2 | 0% |
| 16 Oct 2026 | $2.00 | $0.00 | $0.00/$0.05 | 0 | 0 | 196% |
| 16 Oct 2026 | $9.00 | $3.40 | $3.10/$3.90 | 0 | 0 | 0% |
| 16 Oct 2026 | $1.00 | $0.00 | $0.00/$0.05 | 0 | 0 | 328% |
| 16 Oct 2026 | $10.00 | $4.39 | $4.10/$4.90 | 0 | 0 | 0% |
| 16 Oct 2026 | $11.00 | $5.38 | $5.10/$5.90 | 0 | 0 | 0% |
| 16 Oct 2026 | $12.00 | $6.38 | $6.10/$6.90 | 0 | 0 | 0% |
| 16 Oct 2026 | $13.00 | $7.38 | $7.10/$7.90 | 0 | 0 | 0% |
Open interest = contracts currently outstanding (not yet closed out). Higher open interest generally means a strike/expiry is more actively traded and easier to get in and out of.
No comments yet — be the first to weigh in on LWLG.