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Riot Platforms, Inc. (RIOT)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 18.64 +4.75%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±12.4%
Expected range 16.3220.91
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.76.8%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 97/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.34
P/C open interest0.73
Next earnings Oct 29

Cboe delayed options data · as of 00:38 UTC · Figures derived from the full chain (832 contracts, 12 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (16 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

16.3220.9118.61 current

Options are pricing a move of about ±12.4% (range 16.32–20.91) by Sep 18, 2026. ATM straddle: 2.30 @ strike 18.5 · ATM IV: 74.0%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

18.6116.3220.91
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
16.75 -10% 72.7% 27.3%
17.68 -5% 60.1% 39.9%
18.61 -0% 47.0% 53.0%
19.55 +5% 34.7% 65.3%
20.48 +10% 24.4% 75.6%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 2 ±4.8% 81.1% 94.6K
Sep 11, 2026 9 ±8.8% 70.4% 38.0K
Sep 18, 2026 16 ±12.4% 74.0% 249.7K
Sep 25, 2026 23 ±15.8% 78.0% 19.5K
Oct 02, 2026 30 ±17.8% 76.8% 22.4K
Oct 09, 2026 37 ±20.0% 77.7% 3,879
Oct 16, 2026 44 ±22.0% 78.7% 138.0K
Nov 20, 2026 79 ±30.6% 82.1% 9,140
Dec 18, 2026 107 ±35.2% 81.4% 140.7K
Jan 15, 2027 135 ±39.1% 80.8% 150.5K
Mar 19, 2027 198 ±48.8% 83.8% 17.0K

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

14.0015.5016.5017.5018.5019.5020.5021.5022.5018.61
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 11 P · 113.2K25 C · 32.0K16 P · 29.4K20 C · 27.7K23 C · 27.5K

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

66%74%81%89%2d198d30d

When does open interest expire?

11%This week30%This month55%Later

Implied vs realized volatility

71.8%73.9%76.0%78.1%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Oct 24-15.0%Feb 25-10.9%May 25+15.9%Jul 25-18.4%Oct 25-10.8%Mar 26-6.1%Apr 26+15.8%Aug 26-1.4%
implied (when recorded)actual reaction

Avg |reaction| 10.2% · median 10.1% (21 reports) — two-session close-to-close window; definition

About Riot Platforms, Inc.

Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States. The firm's activities are divided into two main areas: Bitcoin Mining and Engineering. It develops and manages essential infrastructure for large-scale Bitcoin mining operations at sites in Rockdale and Navarro counties, Texas, as well as two facilities in Paducah, Kentucky. Beyond its mining endeavors, the company's Engineering division designs and manufactures specialized power distribution equipment and custom-engineered electrical solutions. This segment also provides comprehensive services for the design, production, and installation of electricity distribution products to a diverse client base, including major commercial organizations, government agencies, and customers in the data center, power generation, utility, water, industrial, and renewable energy sectors. Established in the year 2000, Riot Platforms is headquartered in Castle Rock, Colorado.

Financial Services · Financial - Capital Markets · NASDAQ · Profile: Financial Modeling Prep

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