ARS Pharmaceuticals, Inc. (SPRY) Options Statistics & Positioning

ARS Pharmaceuticals, Inc. (SPRY) options trade at a 30-day at-the-money implied volatility of 202.2%, an IV rank of 21 out of 100 over the past year. The options market prices a ±$2.21 (±28.0%) move in SPRY for the front expiration. Max pain sits at $7.5 and the put/call open interest ratio is 0.26. 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

$7.90

52-week range

$6.74 – $18.36

ATM IV (30d)

202.2%

IV rank

21 / 100

Low

Expected move

±$2.21 (±28.0%)

Put/call OI

0.26

Call-heavy

Max pain

$7.5

↓ 5.0% below close

Next earnings

Aug 10, 2026

Most Active SPRY Contracts

Contract	Expiration	DTE	Last	IV	Volume
SPRY $12.5 call	Sep 18, 2026	70d	$0.25	95.6%	763
SPRY $7.5 call	Aug 21, 2026	42d	$1.20	91.1%	495
SPRY $7.5 call	Sep 18, 2026	70d	$1.45	92.7%	324
SPRY $10 call	Sep 18, 2026	70d	$0.50	80.9%	20
SPRY $5 put	Dec 18, 2026	161d	$0.53	123.6%	10

See all active SPRY contracts →

Explore SPRY Options Statistics

SPRY Implied Volatility

202.2% ATM IV (30d)

An IV rank of 21 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

SPRY Open Interest

0.26 put/call OI ratio

6,190 calls and 1,605 puts outstanding across all expirations.

Full open interest analysis →

SPRY Max Pain

$7.5 max pain

5.0% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

SPRY Gamma Exposure

$1.21M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

SPRY Options Volume

1,626 contracts traded

Put/call volume ratio 0.01 — plus contracts running far above their usual volume.

Full volume & flow analysis →

SPRY Most Active Options

$7.5 top volume strike

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

Full active contracts analysis →

Upcoming Earnings

SPRY's next expected earnings date is Aug 10, 2026. Options currently price a ±$2.21 (±28.0%) move for the front expiration.

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SPRY Options FAQ

When is SPRY's next earnings date?

SPRY's next expected earnings date is Aug 10, 2026. Options currently price a ±$2.21 (±28.0%) move for the front expiration.

How often is SPRY options data on this page updated?

All SPRY 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 SPRY max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated SPRY 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.