Applied Optoelectronics (AAOI) Options Chain

NASDAQ: AAOITechnologySemiconductorsUSD

109.64+3.74 (+3.53%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $109.64
Put/call ratio (OI): 1.32
Put/call ratio (volume): 2.93
ATM implied volatility: 89.2%
Expected move: ±$50.17
Open interest (C / P): 37.47K / 49.62K

AAOI options summary

The AAOI options chain for the January 15, 2027 expiration lists 65 call and 65 put contracts, with 96 days until expiration. Open interest stands at 37,468 calls and 49,619 puts, a put/call ratio of 1.32, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $110.00 strike is 89.2%, which implies the market expects a move of about ±$50.17 (45.8%) in Applied Optoelectronics stock by expiration.

The most open interest sits at the $200.00 call (5.06K contracts) and the $12.50 put (5.66K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

AAOI options chain · January 15, 2027

AAOI calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
68	2	403.1%	107.09	105.50	109.40	2.50	0.00	0.05	0.03	278.1%	1	146
171	1	329.1%	105.96	103.10	107.00	5.00	0.00	0.10	0.05	239.8%	1	135
277	21	279.1%	108.05	100.60	104.50	7.50	0.00	0.15	0.14	216.4%	1	3,400
454	1	246.1%	105.99	98.00	102.10	10.00	0.00	0.00	0.05	50.0%	30	0
0	1	—	122.60	0.00	0.00	12.50	0.00	0.45	0.01	200.8%	3	5,664
195	1	206.2%	88.38	93.10	97.10	15.00	0.00	0.25	0.15	168.8%	1	246
131	1	196.6%	90.32	90.70	94.70	17.50	0.00	0.15	0.01	146.1%	3	1,144
356	1	182.1%	102.35	88.20	92.20	20.00	0.00	0.10	0.05	128.9%	5	3,741
40	1	184.3%	120.40	85.10	88.00	22.50	0.00	1.85	0.10	187.1%	1	105
0	1	—	101.95	0.00	0.00	25.00	0.00	1.25	0.05	161.8%	8	4,954
77	10	145.2%	77.00	81.50	84.70	27.00	0.00	1.70	0.10	163.1%	8	70
426	1	161.7%	87.60	79.20	82.40	30.00	0.00	0.65	0.20	127.2%	1	224
105	5	135.1%	73.00	76.60	79.90	32.00	0.00	0.85	0.25	126.7%	1	228
334	1	137.8%	72.91	73.70	77.50	35.00	0.00	0.50	0.17	108.2%	2	282
182	3	143.4%	62.56	72.50	75.60	37.00	0.15	0.20	0.15	97.8%	3,623	4,012
154	8	130.6%	62.90	69.10	72.70	40.00	0.05	0.55	0.25	99.1%	1	196
23	2	122.5%	79.99	67.40	70.20	42.00	0.00	0.65	0.30	95.9%	5	46
476	1	121.0%	63.37	64.90	67.30	45.00	0.05	1.00	0.25	97.4%	10	1,783
40	5	67.2%	58.00	58.60	62.70	47.00	0.05	0.90	0.45	91.4%	6	30
494	2	112.0%	79.22	59.40	63.20	50.00	0.60	0.85	0.67	92.7%	1	1,063
181	1	107.7%	54.33	55.00	58.60	55.00	1.00	1.25	0.90	91.1%	1	233
2,444	13	100.8%	72.00	50.60	53.70	60.00	1.20	1.60	1.53	85.8%	3	1,963
108	16	101.0%	66.20	46.40	50.00	65.00	1.75	2.80	1.90	87.4%	3	1,073
90	1	96.3%	45.50	42.30	45.50	70.00	3.00	3.90	3.09	89.2%	5	4,010
419	1	94.9%	42.00	38.40	41.80	75.00	4.00	5.30	4.30	88.7%	7	733
344	15	95.8%	38.00	35.60	38.10	80.00	5.30	6.20	5.60	86.0%	14	1,550
249	2	94.3%	34.90	32.10	34.80	85.00	6.50	8.40	7.20	86.1%	36	1,511
161	1	92.3%	34.65	28.50	31.80	90.00	8.90	9.60	8.90	85.4%	17	992
90	15	92.5%	25.30	26.00	28.90	95.00	11.00	12.40	11.00	86.8%	40	1,903
2,881	52	94.0%	25.00	24.30	26.20	100.00	13.00	15.20	13.20	86.7%	25	1,594
194	4	95.4%	23.24	22.00	24.50	105.00	15.90	17.20	16.60	85.8%	2	167
AAOI $109.64
368	77	92.2%	20.90	20.00	20.90	110.00	18.90	20.10	19.40	86.3%	7	310
714	50	93.4%	18.87	18.10	19.50	115.00	21.10	24.00	22.66	86.3%	1	209
1,278	117	93.7%	16.90	16.30	17.90	120.00	24.30	27.60	26.00	87.0%	4	224
578	12	93.2%	16.00	15.20	15.60	125.00	27.40	30.50	24.60	85.2%	20	344
418	23	93.9%	14.00	13.50	14.70	130.00	30.90	34.10	31.10	85.1%	1	337
455	17	93.9%	12.80	12.20	13.40	135.00	34.30	37.80	30.20	84.4%	2	501
2,345	33	93.9%	12.20	10.30	12.90	140.00	38.90	41.60	38.80	86.0%	15	306
323	13	94.3%	11.80	9.90	11.30	145.00	42.80	45.30	33.65	85.2%	3	330
1,867	42	94.5%	10.00	9.00	10.30	150.00	46.90	49.10	48.24	84.6%	2	701
267	13	94.7%	8.82	8.30	9.30	155.00	51.10	53.70	60.00	85.8%	4	73
480	18	92.9%	8.35	6.60	8.70	160.00	55.30	57.50	55.29	84.4%	1	424
414	4	92.0%	7.70	5.60	7.90	165.00	59.70	62.40	68.70	86.2%	1	411
517	3	95.8%	7.20	5.30	8.30	170.00	64.00	66.80	63.68	85.9%	2	147
241	9	95.3%	6.57	4.40	7.80	175.00	67.90	71.50	75.00	84.8%	1	59
303	9	95.9%	6.45	4.40	6.90	180.00	72.40	75.60	68.10	83.2%	2	123
180	1	96.6%	5.00	4.20	6.30	185.00	76.90	80.00	65.30	82.1%	1	419
1,214	4	95.0%	5.05	3.80	5.30	190.00	81.60	85.20	92.90	84.5%	7	74
420	8	97.1%	4.50	3.50	5.40	195.00	86.20	89.60	73.03	83.0%	2	76
5,064	59	98.0%	4.30	4.00	4.40	200.00	90.90	94.60	92.01	84.2%	1	107
527	6	99.0%	3.70	3.10	4.20	210.00	100.40	103.80	86.22	82.5%	2	50
507	257	100.0%	2.74	2.50	3.90	220.00	109.90	113.10	103.00	79.5%	1	28
414	1	104.3%	3.30	2.50	3.90	230.00	0.00	0.00	112.00	—	1	0
615	2	103.9%	2.63	1.90	3.50	240.00	129.30	132.30	137.00	74.0%	1	1
735	3	103.0%	2.45	1.55	2.90	250.00	139.00	142.60	149.50	77.0%	2	11
375	5	104.6%	4.30	1.40	2.70	260.00	153.60	157.60	144.54	131.2%	1	702
170	1	104.0%	1.88	1.10	2.35	270.00	162.70	165.40	161.60	123.1%	11	23
324	5	105.5%	1.30	1.15	2.05	280.00	168.60	171.30	152.00	96.0%	2	16
102	12	106.4%	2.45	1.10	1.80	290.00	178.50	182.10	161.70	110.2%	20	24
370	518	106.2%	1.30	0.85	1.65	300.00	195.30	198.30	171.50	152.7%	—	34
71	2	107.6%	1.13	0.80	1.55	310.00	204.70	207.60	181.80	151.3%	4	5
74	2	108.8%	2.33	0.60	1.60	320.00	214.30	217.10	186.90	151.0%	1	1
73	2	109.4%	1.25	0.55	1.45	330.00	223.80	226.80	189.90	150.8%	—	1
602	1	112.1%	0.90	0.65	1.40	340.00	228.80	231.20	236.91	108.8%	525	350
3,899	20	108.8%	0.85	0.50	1.00	350.00	0.00	0.00	201.00	—	1	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the AAOI put/call ratio?

For the January 15, 2027 expiration, the AAOI put/call ratio based on open interest is 1.32 (49,619 puts vs 37,468 calls), and 2.93 based on today's volume. A ratio above 1 means more puts than calls.

What is AAOI's implied volatility?

At-the-money implied volatility for AAOI options expiring January 15, 2027 is about 89.2%, an annualized estimate of how much the market expects Applied Optoelectronics stock to move.

How many AAOI option expiration dates are there?

AAOI has 13 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.