Ionis Pharmaceuticals Stock Options

IONS Stock  USD 42.37  0.42  1.00%   
Ionis Pharmaceuticals' latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.59 with a put-to-call open interest ratio of 0.3 over 26 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on October 17th 2025. The total put volume is at 3.0, with calls trading at the volume of 18.0. This yields a 0.17 put-to-call volume ratio.

Open Interest Against October 17th 2025 Option Contracts

Ionis Pharmaceuticals option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Ionis Pharmaceuticals' lending market. For example, when Ionis Pharmaceuticals' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Ionis Pharmaceuticals, he or she must hedge the risk by shorting Ionis Pharmaceuticals stock over its option's life.
The chart above shows Ionis Pharmaceuticals' 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. Ionis Pharmaceuticals' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Ionis Pharmaceuticals' option, there is no secondary market available for investors to trade.

Ionis Pharmaceuticals Maximum Pain Price Across 2025-10-17 Option Contracts

Max pain occurs when Ionis Pharmaceuticals' market makers reach a net positive position across all Ionis Pharmaceuticals' options at a strike price where option holders stand to lose the most money. By contrast, Ionis Pharmaceuticals' 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 Ionis Pharmaceuticals

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

Ionis Pharmaceuticals In The Money Call Balance

When Ionis Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Ionis Pharmaceuticals stock is said to be in the money. When it comes to buying Ionis Pharmaceuticals' 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 Ionis Pharmaceuticals 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.

Ionis Current Options Market Mood

Ionis Pharmaceuticals' 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 Ionis 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 Ionis Pharmaceuticals' options investors are not very successful. Ionis Pharmaceuticals' 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 Ionis contract

Base on the Rule 16, the options market is currently suggesting that Ionis Pharmaceuticals will have an average daily up or down price movement of about 0.0369% per day over the life of the 2025-10-17 option contract. With Ionis Pharmaceuticals trading at USD 42.37, that is roughly USD 0.0156. If you think that the market is fully incorporating Ionis Pharmaceuticals' daily price movement you should consider buying Ionis Pharmaceuticals options at the current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Ionis Pharmaceuticals 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" Ionis calls. Remember, the seller must deliver Ionis Pharmaceuticals stock to the call owner when a call is exercised.

Ionis Pharmaceuticals Option Chain

When Ionis Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Ionis Pharmaceuticals 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.
Ionis Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Ionis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ionis. It also shows strike prices and maturity days for a Ionis Pharmaceuticals 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
IONS251017C00060000060.00.0 - 2.42.4Out
Call
IONS251017C00055000455.00.0 - 2.71.45Out
Call
IONS251017C00050000450.00.0 - 2.22.0Out
Call
IONS251017C000475006447.50.4 - 3.52.4Out
Call
IONS251017C00045000102345.01.15 - 3.82.65Out
Call
IONS251017C000425005042.52.15 - 6.03.8Out
Call
IONS251017C0004000035340.04.9 - 7.24.75In
Call
IONS251017C000375004437.54.9 - 8.96.83In
Call
IONS251017C00035000435.06.7 - 10.69.67In
Call
IONS251017C00032500532.58.9 - 12.610.85In
Call
IONS251017C0003000022230.010.9 - 14.813.0In
Call
IONS251017C00025000225.015.5 - 19.515.5In
Call
IONS251017C00020000520.020.3 - 24.322.42In
 Put
IONS251017P00060000060.016.1 - 20.116.1In
 Put
IONS251017P00055000055.011.3 - 15.311.3In
 Put
IONS251017P00050000050.06.9 - 10.96.9In
 Put
IONS251017P00047500047.55.1 - 9.15.1In
 Put
IONS251017P00045000045.03.5 - 7.53.5In
 Put
IONS251017P000425001042.53.3 - 4.34.1In
 Put
IONS251017P0004000030340.01.1 - 4.83.0Out
 Put
IONS251017P00037500137.50.1 - 4.02.62Out
 Put
IONS251017P00035000335.00.0 - 3.31.85Out
 Put
IONS251017P0003250021332.50.0 - 2.952.65Out
 Put
IONS251017P00030000130.00.0 - 2.652.65Out
 Put
IONS251017P00027500227.50.0 - 2.451.45Out
 Put
IONS251017P00025000425.00.0 - 2.351.2Out

Ionis Pharmaceuticals Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Ionis Pharmaceuticals Market Cap Over Time

   Market Cap   
       Timeline  

Ionis Total Stockholder Equity

Total Stockholder Equity

617.77 Million

At this time, Ionis Pharmaceuticals' Total Stockholder Equity is comparatively stable compared to the past year.

Ionis Pharmaceuticals Corporate Management

Brett MoniaSr. VP of Drug Discovery and Corporate Devel.Profile
Sanjay MDChief VPProfile
Patrick EsqChief VPProfile
Hayley SofferVice CommunicationsProfile
Hala MirzaSenior AdvocacyProfile
Richard GearyExecutive OfficerProfile

Additional Tools for Ionis Stock Analysis

When running Ionis Pharmaceuticals' price analysis, check to measure Ionis Pharmaceuticals' 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 Ionis Pharmaceuticals is operating at the current time. Most of Ionis Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Ionis Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ionis Pharmaceuticals' price. Additionally, you may evaluate how the addition of Ionis Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.