CDNS - Cadence Design Systems, Inc.

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware.

As of Jun 29, 2026: spot at $375.21, ATM IV 57.2%, max pain $365.00, net GEX -$4.8M.

Sector
Technology
Industry
Software - Application
Market Cap
$104.06B
P/E Ratio
87.65
Beta
1.15
52-Week Range
262.75-416.69
CEO
Anirudh Devgan
Employees
12,837
IPO Date
Jun 10, 1987
Exchange
NASDAQ

What CDNS Looks Like to Options Traders Today

IV rank of 100.0% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); negative net gamma exposure (-$4.8M) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.061) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The CDNS overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.

Frequently asked CDNS overview questions

What is CDNS?
CDNS is the ticker symbol for Cadence Design Systems, Inc., a listed security. Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. Listed on NASDAQ. CDNS is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
What does the CDNS options snapshot look like today?
As of Jun 29, 2026, the CDNS options snapshot shows spot at $375.21, ATM IV 57.2%, IV rank 100.0%, max pain $365.00, net GEX -$4.8M, expected move 16.40%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are CDNS's key statistics?
Cadence Design Systems, Inc. (CDNS) carries a market capitalization of $104.06B, trailing P/E ratio of 87.65, beta of 1.15 relative to the broader market, 52-week range of 262.75-416.69. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
What sector or industry does CDNS belong to?
Cadence Design Systems, Inc. operates in the Technology sector, in the Software - Application industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CDNS's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the CDNS data on this page?
The options snapshot above is dated Jun 29, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).