GH Research PLC (GHRS) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
GH Research PLC (GHRS) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $1.93B, listed on NASDAQ, employing roughly 50 people, carrying a beta of 1.31 to the broader market. GH Research PLC is a clinical-stage biopharmaceutical firm dedicated to creating novel therapies for psychiatric and neurological conditions. Led by Velichka Valcheva, public since 2021-06-25.
Snapshot as of Jun 30, 2026.
- Spot Price
- $27.45
- Total OI
- 1.2K
- Total Volume
- 82
- Front Expiration
- 17 days
- Second Expiration
- 52 days
- ATM IV
- 89.2%
- Avg Bid/Ask Spread
- 48.41%
As of Jun 30, 2026, GH Research PLC (GHRS) has 1.2K open contracts and 82 contracts traded. The nearest expiration is 17 days out, followed by 52 days. ATM implied volatility is 89.2%. Average bid/ask spread across the chain is 48.41%: 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 GHRS options chain Data Feeds Strategy Selection
Strategy selection on GH Research PLC 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 89.2% 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 GHRS chain depth
The listed-expirations table above shows every expiration available for GH Research PLC 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. GHRS front expiration sits at 17 days - the typical hedging horizon for monthly options. The backwardated slope of -0.025 means near-dated IV is pricing acute event risk.
GHRS 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 GHRS chain is 48.41% - 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 GHRS 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. GHRS's current 25.57% 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 →
GHRS listed expirations
Per-expiration ATM implied volatility for GHRS 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.
| Expiration | DTE | ATM IV |
|---|---|---|
| Jul 17, 2026 | 17 | 89.2% |
| Aug 21, 2026 | 52 | 86.7% |
| Oct 16, 2026 | 108 | 73.8% |
| Jan 15, 2027 | 199 | 71.9% |
Frequently asked GHRS options chain questions
- What does the GHRS options chain show right now?
- As of Jun 30, 2026, GH Research PLC (GHRS) has 1.2K contracts outstanding and 82 traded today, with ATM IV of 89.2%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for GHRS options?
- The nearest expiration is 17 days out, followed by 52 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are GHRS options bid/ask spreads?
- Average bid/ask spread across the chain is 48.41%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.