LIGAND PHARMACEUTICALS INC (LGND) Options Statistics & Positioning

LIGAND PHARMACEUTICALS INC (LGND) options trade at a 30-day at-the-money implied volatility of 36.2%, an IV rank of 23 out of 100 over the past year. The options market prices a ±$15.74 (±5.0%) move in LGND for the front expiration. Max pain sits at $260 and the put/call open interest ratio is 0.72. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$313.87

52-week range

$121.37 – $1,139.99

ATM IV (30d)

36.2%

IV rank

23 / 100

Low

Expected move

±$15.74 (±5.0%)

Put/call OI

0.72

Call-heavy

Max pain

$260

↓ 17.2% below close

Next earnings

Aug 9, 2026

Most Active LGND Contracts

Contract	Expiration	DTE	Last	IV	Volume
LGND $220 call	Aug 21, 2026	42d	$96.44	50.8%	18
LGND $250 call	Aug 21, 2026	42d	$65.22	46.9%	4
LGND $240 call	Aug 21, 2026	42d	$74.50	47.5%	3
LGND $330 call	Jul 17, 2026	7d	$2.75	41.3%	2
LGND $310 put	Jul 17, 2026	7d	$5.42	43.6%	2

See all active LGND contracts →

Explore LGND Options Statistics

LGND Implied Volatility

36.2% ATM IV (30d)

An IV rank of 23 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

LGND Open Interest

0.72 put/call OI ratio

921 calls and 664 puts outstanding across all expirations.

Full open interest analysis →

LGND Max Pain

$260 max pain

17.2% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

LGND Gamma Exposure

-$11.87M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

LGND Options Volume

55 contracts traded

Put/call volume ratio 0.22 — plus contracts running far above their usual volume.

Full volume & flow analysis →

LGND Most Active Options

$220 top volume strike

The 25 most actively traded LGND contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

LGND's next expected earnings date is Aug 9, 2026. Options currently price a ±$15.74 (±5.0%) move for the front expiration.

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LGND Options FAQ

When is LGND's next earnings date?

LGND's next expected earnings date is Aug 9, 2026. Options currently price a ±$15.74 (±5.0%) move for the front expiration.

How often is LGND options data on this page updated?

All LGND statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see LGND max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated LGND pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.