0 calls and 10 puts traded on Nov 4, 2026, 10 contracts in total. Open interest was 1.23K contracts. Over the past 30 days, volume averaged 18 contracts per day. The LGND option volume chart shows volume by strike and expiration date.

Ligand Pharmaceuticals IV rank is 8, so its 30-day implied volatility of 40.5% is near the bottom of its one-year range. Over the past year it ranged from 28.7% on Nov 26, 2025 to 177.8% on Oct 16, 2026. See the LGND implied volatility history for a longer view.

The Ligand Pharmaceuticals put/call volume ratio was 0.00 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.63. The LGND open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Ligand Pharmaceuticals options about one week from expiration was $248.39, 21.5% below the $316.26 close. The LGND max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 41.9%, options price a move of about ±$18.37 (±5.8%) over the next week, a range of roughly $297.89 to $334.63 from the Nov 4, 2026 close. The LGND expected move chart shows it for every expiration date.