Alpha Cognition Inc (ACOG) Options Chain

The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.

Alpha Cognition Inc (ACOG) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $142.3M, listed on NASDAQ, employing roughly 71 people, carrying a beta of 2.23 to the broader market. Alpha Cognition Inc. Led by Michael E. McFadden, public since 2024-11-12.

Snapshot as of Aug 28, 2026.

Spot Price
$9.18
Total OI
320
Total Volume
45
Front Expiration
21 days
Second Expiration
49 days
ATM IV
192.2%
Avg Bid/Ask Spread
110.33%

As of Aug 28, 2026, Alpha Cognition Inc (ACOG) has 320 open contracts and 45 contracts traded. The nearest expiration is 21 days out, followed by 49 days. ATM implied volatility is 192.2%. Average bid/ask spread across the chain is 110.33%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How ACOG options chain Data Feeds Strategy Selection

Strategy selection on Alpha Cognition Inc options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 192.2% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the ACOG chain depth

The listed-expirations table above shows every expiration available for Alpha Cognition Inc options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. ACOG front expiration sits at 21 days - the typical hedging horizon for monthly options. The backwardated slope of -1.149 means near-dated IV is pricing acute event risk.

ACOG chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the ACOG chain is 110.33% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the ACOG chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. ACOG's current 55.10% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

ACOG listed expirations

Per-expiration ATM implied volatility for ACOG options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

ExpirationDTEATM IV
Sep 18, 202621192.2%
Oct 16, 20264977.3%
Nov 20, 20268499.7%
Feb 19, 202717587.3%

Frequently asked ACOG options chain questions

What does the ACOG options chain show right now?
As of Aug 28, 2026, Alpha Cognition Inc (ACOG) has 320 contracts outstanding and 45 traded today, with ATM IV of 192.2%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for ACOG options?
The nearest expiration is 21 days out, followed by 49 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are ACOG options bid/ask spreads?
Average bid/ask spread across the chain is 110.33%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.