Kezar Life Sciences, Inc. (KZR) Open Interest History

Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.

Kezar Life Sciences, Inc. (KZR) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $53.9M, listed on NASDAQ, employing roughly 55 people, carrying a beta of 0.41 to the broader market. Kezar Life Sciences, Inc. Led by Christopher J. Kirk, public since 2018-06-21.

Snapshot as of May 13, 2026.

Spot Price
$23.61
Call OI
978
Put OI
2.0K
Total OI
2.9K

As of May 13, 2026, Kezar Life Sciences, Inc. (KZR) has 2.9K total contracts outstanding across all expirations. Put/call OI ratio is 1.99 (put-heavy positioning, often indicating hedging or bearish bias). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.

How KZR open interest history Data Feeds Strategy Selection

Strategy selection on Kezar Life Sciences, Inc. options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 251.9% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the open interest history 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.

Learn how open interest is reported and how to read the data →

Frequently asked KZR open interest history questions

What is the current KZR options open interest?
As of May 13, 2026, Kezar Life Sciences, Inc. (KZR) has 2.9K total contracts outstanding across all listed expirations, split as 978 calls and 2.0K puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
What is the KZR put/call open interest ratio?
Put/call OI ratio of 1.99 is put-heavy, often indicating hedging demand or bearish positioning.
What does KZR open interest tell traders?
Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.