INSP

Inspire Medical Systems, Inc. Options

Search INSP call options and put options with real-time pricing, Greeks, and implied volatility data.

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$81.79 Pre-Market
+$0.46 (+0.57%)
Prev Close
$81.33
Open
$79.2
Day Range
$78.57 - $81.96
Volume
982,277
Last updated: Jan 27, 2026 07:00 PM EST

About INSP Options

Inspire Medical Systems, Inc. (INSP) options give traders the right to buy or sell INSP stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

INSP call options give you the right to buy shares at the strike price. Profit when Inspire Medical Systems, Inc. stock rises.

Put Options

INSP put options give you the right to sell shares at the strike price. Profit when Inspire Medical Systems, Inc. stock falls.

What Data You'll Find

Our free INSP options search tool provides:

  • Strike Prices — Various price levels for calls and puts
  • Expiration Dates — Filter by 7, 30, 60, or 90 days out
  • Premium (Price) — Current option contract prices
  • Volume & Open Interest — Liquidity and market activity
  • Implied Volatility (IV) — Market's expected price movement
  • Greeks — Delta, Gamma, Theta, Vega sensitivity measures
  • Intrinsic & Extrinsic Value — Value breakdown
Pro Tip: Look for INSP options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding INSP Options Greeks

When trading Inspire Medical Systems, Inc. options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the INSP option price moves when the stock moves $1. A delta of 0.50 means the option gains $0.50 for every $1 stock increase.

Theta (Θ)

Daily time decay of the option. INSP options lose value each day as expiration approaches, even if the stock price stays flat.

Gamma (Γ)

Rate of Delta change. Higher gamma means Delta moves faster, making near-ATM INSP options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When Inspire Medical Systems, Inc.'s implied volatility rises, high-vega options become more valuable.

Learn more:

INSP Options FAQ

To buy INSP (Inspire Medical Systems, Inc.) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for INSP options, select your desired strike price and expiration, choose call or put, and place your order. Always understand the risks and consider starting with paper trading.

The optimal expiration depends on your strategy. 30-45 day expirations offer a good balance of time value and theta decay for most traders. Shorter expirations (7-14 days) have higher gamma but faster time decay. Longer expirations (60-90+ days) cost more but give the trade more time to work.

Use our options search tool to see current INSP implied volatility levels. Compare the IV to historical averages to determine if options are relatively expensive (high IV) or cheap (low IV). High IV often occurs before earnings or major events.

ITM (In The Money) INSP options have intrinsic value — calls where strike < stock price, puts where strike > stock price. They're more expensive but have higher delta. OTM (Out of The Money) options are cheaper but have lower probability of profit. ATM (At The Money) options have strike ≈ stock price and highest gamma.