Average implied volatility across the listed chain right now: 309%. 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 | $4.00 | $0.19 | $0.10/$0.40 | 110 | 389 | 194% |
| 16 Oct 2026 | $3.00 | $0.68 | $0.05/$1.15 | 0 | 66 | 119% |
| 16 Oct 2026 | $5.00 | $0.06 | $0.00/$0.10 | 0 | 498 | 183% |
| 16 Oct 2026 | $2.00 | $1.53 | $0.95/$2.10 | 0 | 0 | 0% |
| 16 Oct 2026 | $6.00 | $0.01 | $0.00/$0.10 | 0 | 924 | 184% |
| 16 Oct 2026 | $1.00 | $2.52 | $2.05/$2.95 | 0 | 0 | 0% |
| 16 Oct 2026 | $7.00 | $0.00 | $0.00/$0.70 | 0 | 2,212 | 184% |
| 16 Oct 2026 | $8.00 | $0.00 | $0.00/$0.10 | 0 | 11,116 | 185% |
| 16 Oct 2026 | $9.00 | $0.00 | $0.00/$0.60 | 0 | 240 | 186% |
| 16 Oct 2026 | $10.00 | $0.00 | $0.00/$1.30 | 0 | 540 | 195% |
| 16 Oct 2026 | $11.00 | $0.00 | $0.00/$0.05 | 0 | 1,489 | 211% |
| 16 Oct 2026 | $12.00 | $0.00 | $0.00/$0.05 | 0 | 172 | 226% |
| 16 Oct 2026 | $13.00 | $0.00 | $0.00/$0.05 | 0 | 63 | 239% |
| 16 Oct 2026 | $14.00 | $0.00 | $0.00/$0.75 | 0 | 4 | 251% |
| 16 Oct 2026 | $15.00 | $0.00 | $0.00/$0.75 | 0 | 13 | 262% |
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 16 Oct 2026 | $4.00 | $0.70 | $0.00/$0.95 | 0 | 336 | 192% |
| 16 Oct 2026 | $3.00 | $0.16 | $0.00/$0.20 | 0 | 103 | 189% |
| 16 Oct 2026 | $5.00 | $1.54 | $1.00/$1.95 | 0 | 245 | 138% |
| 16 Oct 2026 | $2.00 | $0.01 | $0.00/$0.05 | 0 | 0 | 187% |
| 16 Oct 2026 | $6.00 | $2.49 | $1.90/$3.00 | 0 | 252 | 0% |
| 16 Oct 2026 | $1.00 | $0.00 | $0.00/$0.05 | 0 | 0 | 254% |
| 16 Oct 2026 | $7.00 | $3.48 | $2.90/$4.10 | 0 | 44 | 276% |
| 16 Oct 2026 | $8.00 | $4.48 | $3.90/$5.10 | 0 | 0 | 316% |
| 16 Oct 2026 | $9.00 | $5.48 | $4.90/$6.10 | 0 | 0 | 349% |
| 16 Oct 2026 | $10.00 | $6.48 | $5.80/$7.30 | 0 | 0 | 438% |
| 16 Oct 2026 | $11.00 | $7.48 | $6.80/$8.30 | 0 | 0 | 466% |
| 16 Oct 2026 | $12.00 | $8.48 | $7.80/$9.30 | 0 | 0 | 491% |
| 16 Oct 2026 | $13.00 | $9.48 | $8.80/$10.20 | 0 | 2 | 450% |
| 16 Oct 2026 | $14.00 | $10.48 | $9.80/$11.20 | 0 | 0 | 469% |
| 16 Oct 2026 | $15.00 | $11.48 | $10.30/$12.70 | 0 | 0 | 487% |
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 WVE.