ARQT · Arcutis Biotherapeutics, Inc.

Track ARQT — free Ask ALVIS about ARQT

$26.66 -0.44 (-1.62%)

Market Cap

$3.39B

125.08M

Options Chain

15-min delayed Underlying $26.66 · today Options Calculator

Positioning

Aug 21, 2026 · 15 days to expiry · 22 contracts

Put / call OI

0.12

Call-heavy positioning

Open interest

731

contracts outstanding

Volume

traded today

Max pain

$27.50

$0.84 above spot

ATM implied vol

60.4%

market's expected move

Open interest by strike

Calls Puts

17.5

22.5

27.5

32.5

37.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 15d Sep 18 43d Dec 18 134d Jan 15 162d Mar 19 225d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	—	233.9%	0.928	—		—	—	—	—	0
Call · $15 In the money Last — Breakeven — Implied vol 233.9% Delta 0.928 ≈93% ITM Gamma 0.011 Theta -0.06 Vega 0.007 Open interest 0 Model this call Put · $15 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	190.8%	0.904	—		—	—	—	—	0
Call · $17.5 In the money Last — Breakeven — Implied vol 190.8% Delta 0.904 ≈90% ITM Gamma 0.017 Theta -0.061 Vega 0.011 Open interest 0 Model this call Put · $17.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	162.9%	0.852	—		$0.03	-0.108	131.9%	1	1
Call · $20 In the money Last — Breakeven — Implied vol 162.9% Delta 0.852 ≈85% ITM Gamma 0.026 Theta -0.07 Vega 0.012 Open interest 0 Model this call Put · $20 Last $0.03 Breakeven $19.97 Implied vol 131.9% Delta -0.108 ≈11% ITM Gamma 0.026 Theta -0.045 Vega 0.012 Open interest 1 Model this put
4	4	121.6%	0.798	$5.70		—	-0.15	90.6%	—	0
Call · $22.5 In the money Last $5.70 Breakeven $28.20 Implied vol 121.6% Delta 0.798 ≈80% ITM Gamma 0.043 Theta -0.064 Vega 0.017 Open interest 4 Model this call Put · $22.5 Last — Breakeven — Implied vol 90.6% Delta -0.15 ≈15% ITM Gamma 0.047 Theta -0.038 Vega 0.013 Open interest 0 Model this put
2	1	83.6%	0.69	$3.63		$0.90	-0.353	157.1%	3	6
Call · $25 In the money Last $3.63 Breakeven $28.63 Implied vol 83.6% Delta 0.69 ≈69% ITM Gamma 0.079 Theta -0.056 Vega 0.018 Open interest 2 Model this call Put · $25 Last $0.90 Breakeven $24.10 Implied vol 157.1% Delta -0.353 ≈35% ITM Gamma 0.044 Theta -0.105 Vega 0.021 Open interest 6 Model this put
Underlying $26.66
87	1	60.4%	0.442	$0.86		$1.60	-0.559	60.5%	11	61
Call · $27.5 Last $0.86 Breakeven $28.36 Implied vol 60.4% Delta 0.442 ≈44% ITM Gamma 0.121 Theta -0.044 Vega 0.022 Open interest 87 Model this call Put · $27.5 In the money Last $1.60 Breakeven $25.90 Implied vol 60.5% Delta -0.559 ≈56% ITM Gamma 0.121 Theta -0.042 Vega 0.022 Open interest 61 Model this put
297	20	65.4%	0.219	$0.70		$3.42	—	—	1	8
Call · $30 Last $0.70 Breakeven $30.70 Implied vol 65.4% Delta 0.219 ≈22% ITM Gamma 0.083 Theta -0.035 Vega 0.015 Open interest 297 Model this call Put · $30 In the money Last $3.42 Breakeven $26.58 Implied vol — Delta — Gamma — Theta — Vega — Open interest 8 Model this put
106	13	74.8%	0.118	$0.15		$5.30	—	—	1	1
Call · $32.5 Last $0.15 Breakeven $32.65 Implied vol 74.8% Delta 0.118 ≈12% ITM Gamma 0.048 Theta -0.027 Vega 0.011 Open interest 106 Model this call Put · $32.5 In the money Last $5.30 Breakeven $27.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
158	2	94.7%	0.098	$0.05		—	—	—	—	0
Call · $35 Last $0.05 Breakeven $35.05 Implied vol 94.7% Delta 0.098 ≈10% ITM Gamma 0.034 Theta -0.03 Vega 0.011 Open interest 158 Model this call Put · $35 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	119.9%	0.104	—		—	—	—	—	0
Call · $37.5 Last — Breakeven — Implied vol 119.9% Delta 0.104 ≈10% ITM Gamma 0.028 Theta -0.039 Vega 0.011 Open interest 0 Model this call Put · $37.5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $40 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $40 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1787306 CUSIP 03969K108 13F (30d) 61 filings 61 filers Visit website Investor relations