Inspire Medical Stock Options

INSP Stock  USD 99.03  1.82  1.87%   
Inspire Medical's latest option contracts expiring on February 20th 2026 are carrying combined implied volatility of 0.88 with a put-to-call open interest ratio of 0.88 over 65 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on February 20th 2026. The total put volume is at 27.0, with calls trading at the volume of 51.0. This yields a 0.53 put-to-call volume ratio.

Open Interest Against February 20th 2026 Option Contracts

The chart above shows Inspire Medical's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Inspire Medical's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Inspire Medical's option, there is no secondary market available for investors to trade.

Inspire Medical Maximum Pain Price Across 2026-02-20 Option Contracts

Max pain occurs when Inspire Medical's market makers reach a net positive position across all Inspire Medical's options at a strike price where option holders stand to lose the most money. By contrast, Inspire Medical's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Inspire Medical

Analyzing Inspire Medical's in-the-money options over time can help investors to take a profitable long position in Inspire Medical regardless of its overall volatility. This is especially true when Inspire Medical's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Inspire Medical's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Inspire Medical's stock while costing only a fraction of its price.

Inspire Medical Systems In The Money Call Balance

When Inspire Medical's strike price is surpassing the current stock price, the option contract against Inspire Medical Systems stock is said to be in the money. When it comes to buying Inspire Medical's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Inspire Medical Systems are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Inspire Current Options Market Mood

Inspire Medical's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Inspire Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Inspire Medical's options investors are not very successful. Inspire Medical's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Inspire contract

Base on the Rule 16, the options market is currently suggesting that Inspire Medical Systems will have an average daily up or down price movement of about 0.055% per day over the life of the 2026-02-20 option contract. With Inspire Medical trading at USD 99.03, that is roughly USD 0.0545. If you think that the market is fully incorporating Inspire Medical's daily price movement you should consider buying Inspire Medical Systems options at the current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Inspire Medical options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Inspire calls. Remember, the seller must deliver Inspire Medical Systems stock to the call owner when a call is exercised.

Inspire Medical Option Chain

When Inspire Medical's strike price is surpassing the current stock price, the option contract against Inspire Medical Systems stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Inspire Medical's option chain is a display of a range of information that helps investors for ways to trade options on Inspire. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Inspire. It also shows strike prices and maturity days for a Inspire Medical against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
INSP260220C002100000210.00.0 - 2.12.1Out
Call
INSP260220C0020000032200.00.1 - 0.750.2Out
Call
INSP260220C001950001195.00.0 - 2.32.99Out
Call
INSP260220C001900002190.00.0 - 2.30.4Out
Call
INSP260220C001850005185.00.0 - 0.60.4Out
Call
INSP260220C0018000016180.00.0 - 2.350.5Out
Call
INSP260220C001750009175.00.05 - 1.00.46Out
Call
INSP260220C0017000029170.00.0 - 2.452.0Out
Call
INSP260220C0016500025165.00.0 - 2.55.0Out
Call
INSP260220C001600003160.00.0 - 2.67.4Out
Call
INSP260220C001550001155.00.0 - 2.711.72Out
Call
INSP260220C0015000047150.00.0 - 0.951.0Out
Call
INSP260220C0014500057145.00.0 - 3.01.0Out
Call
INSP260220C0014000067140.00.45 - 3.15.5Out
Call
INSP260220C0013500011135.01.05 - 3.01.75Out
Call
INSP260220C0013000088130.01.3 - 2.31.46Out
Call
INSP260220C0012500015125.02.3 - 3.21.45Out
Call
INSP260220C0012000020120.02.35 - 3.72.4Out
Call
INSP260220C0011500041115.03.1 - 4.92.32Out
Call
INSP260220C0011000046110.04.2 - 6.25.7Out
Call
INSP260220C0010500014105.05.7 - 7.86.9Out
Call
INSP260220C0010000052100.08.4 - 9.89.2Out
Call
INSP260220C000950004895.010.3 - 12.311.27In
Call
INSP260220C000900002090.013.5 - 15.39.7In
Call
INSP260220C000850002685.017.1 - 18.713.1In
Call
INSP260220C000800001580.020.1 - 22.454.8In
Call
INSP260220C000750004375.024.4 - 27.521.0In
Call
INSP260220C000700001470.028.9 - 30.923.46In
Call
INSP260220C000650001965.033.0 - 36.351.2In
Call
INSP260220C00060000260.037.6 - 41.557.04In
Call
INSP260220C00055000155.042.4 - 46.332.65In
Call
INSP260220C00040000140.057.1 - 61.157.23In
 Put
INSP260220P002100000210.0108.9 - 113.0108.9In
 Put
INSP260220P002000000200.099.0 - 103.0114.6In
 Put
INSP260220P001950000195.094.0 - 98.094.0In
 Put
INSP260220P001900000190.089.2 - 93.060.9In
 Put
INSP260220P001850000185.084.2 - 88.084.2In
 Put
INSP260220P001800000180.079.1 - 82.9100.83In
 Put
INSP260220P001750000175.075.1 - 78.175.1In
 Put
INSP260220P001700000170.069.2 - 73.169.2In
 Put
INSP260220P001650000165.064.2 - 68.164.2In
 Put
INSP260220P001600000160.059.5 - 63.259.5In
 Put
INSP260220P001500001150.049.7 - 53.437.1In
 Put
INSP260220P001450002145.044.9 - 48.521.5In
 Put
INSP260220P001400003140.040.3 - 43.819.9In
 Put
INSP260220P001350002135.035.7 - 39.044.0In
 Put
INSP260220P0013000060130.031.2 - 34.511.6In
 Put
INSP260220P0012500018125.026.7 - 30.016.2In
 Put
INSP260220P001200007120.023.0 - 24.628.65In
 Put
INSP260220P0011500038115.019.2 - 20.623.0In
 Put
INSP260220P001100002110.014.9 - 16.916.2In
 Put
INSP260220P001050001105.011.4 - 13.516.06In
 Put
INSP260220P0010000016100.08.4 - 10.510.4In
 Put
INSP260220P000950001295.06.0 - 8.07.4Out
 Put
INSP260220P0009000015990.04.2 - 5.76.2Out
 Put
INSP260220P000850006685.02.85 - 4.43.63Out
 Put
INSP260220P0008000016580.01.9 - 3.22.83Out
 Put
INSP260220P000750001775.01.4 - 2.21.88Out
 Put
INSP260220P000700002170.00.85 - 1.61.15Out
 Put
INSP260220P000650001965.00.0 - 2.851.1Out
 Put
INSP260220P000600002160.00.0 - 2.550.65Out
 Put
INSP260220P00055000255.00.0 - 2.40.5Out
 Put
INSP260220P000500003650.00.05 - 0.50.25Out
 Put
INSP260220P000450001045.00.0 - 2.21.55Out
 Put
INSP260220P00040000240.00.0 - 2.151.02Out

Inspire Medical Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Inspire Medical Market Cap Over Time

   Market Cap   
       Timeline  

Inspire Total Stockholder Equity

Total Stockholder Equity

832.81 Million

At this time, Inspire Medical's Total Stockholder Equity is relatively stable compared to the past year.

Inspire Medical Corporate Directors

Georgia GarinoisMelenikiotouIndependent DirectorProfile
Megan CPADirector ReportingProfile
Shawn McCormickIndependent DirectorProfile
Jerry GriffinIndependent DirectorProfile

Additional Tools for Inspire Stock Analysis

When running Inspire Medical's price analysis, check to measure Inspire Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inspire Medical is operating at the current time. Most of Inspire Medical's value examination focuses on studying past and present price action to predict the probability of Inspire Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Medical's price. Additionally, you may evaluate how the addition of Inspire Medical to your portfolios can decrease your overall portfolio volatility.