Pulmonx Corporation (LUNG) 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.

Pulmonx Corporation (LUNG) operates in the Healthcare sector, specifically the Medical - Devices industry, with a market capitalization near $96.7M, listed on NASDAQ, employing roughly 296 people, carrying a beta of 0.29 to the broader market. Pulmonx Corporation is a biomedical technology firm dedicated to developing and commercializing advanced, less invasive devices for managing chronic obstructive pulmonary diseases. Led by Glendon E. French, public since 2020-10-01.

Snapshot as of Aug 14, 2026.

Spot Price
$2.40
Total OI
14.1K
Total Volume
673
Front Expiration
35 days
Second Expiration
98 days
ATM IV
144.7%
Avg Bid/Ask Spread
87.38%

As of Aug 14, 2026, Pulmonx Corporation (LUNG) has 14.1K open contracts and 673 contracts traded. The nearest expiration is 35 days out, followed by 98 days. ATM implied volatility is 144.7%. Average bid/ask spread across the chain is 87.38%: 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 LUNG options chain Data Feeds Strategy Selection

Strategy selection on Pulmonx Corporation 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 144.7% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 LUNG chain depth

The listed-expirations table above shows every expiration available for Pulmonx Corporation 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. LUNG front expiration sits at 35 days - the typical hedging horizon for monthly options. The backwardated slope of -0.309 means near-dated IV is pricing acute event risk.

LUNG 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 LUNG chain is 87.38% - 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 LUNG 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. LUNG's current 41.48% 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 →

LUNG listed expirations

Per-expiration ATM implied volatility for LUNG 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
Aug 21, 20267166.3%
Sep 18, 202635144.7%
Nov 20, 202698113.8%
Dec 18, 2026126104.6%
Feb 19, 2027189111.7%

Frequently asked LUNG options chain questions

What does the LUNG options chain show right now?
As of Aug 14, 2026, Pulmonx Corporation (LUNG) has 14.1K contracts outstanding and 673 traded today, with ATM IV of 144.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for LUNG options?
The nearest expiration is 35 days out, followed by 98 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are LUNG options bid/ask spreads?
Average bid/ask spread across the chain is 87.38%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.