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 21, 2028
Days to expiration: 467
Share price: $109.64
Put/call ratio (OI): 0.76
Put/call ratio (volume): 5.00
ATM implied volatility: 90.0%
Expected move: ±$111.62
Open interest (C / P): 19.44K / 14.75K

AAOI options summary

The AAOI options chain for the January 21, 2028 expiration lists 65 call and 59 put contracts, with 467 days until expiration. Open interest stands at 19,441 calls and 14,746 puts, a put/call ratio of 0.76, which is fairly balanced between calls and puts. At-the-money implied volatility near the $110.00 strike is 90.0%, which implies the market expects a move of about ±$111.62 (101.8%) in Applied Optoelectronics stock by expiration.

The most open interest sits at the $50.00 call (4.22K contracts) and the $70.00 put (3.40K contracts).

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

AAOI options chain · January 21, 2028

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
95	2	199.6%	106.69	105.00	109.50	3.00	0.00	0.00	0.05	50.0%	4	0
35	20	188.7%	94.25	103.50	108.00	5.00	0.00	0.25	0.05	123.0%	15	94
40	20	152.6%	108.00	100.50	105.00	8.00	0.05	0.10	0.10	95.9%	3	37
0	5	—	132.70	0.00	0.00	10.00	0.00	0.50	0.20	103.1%	5	129
7	2	106.3%	138.00	95.60	98.90	13.00	0.00	0.40	0.20	88.2%	3	137
49	1	129.8%	90.04	95.30	98.00	15.00	0.05	0.60	0.45	88.5%	4	316
2	1	95.8%	80.12	87.50	92.50	18.00	0.45	0.80	0.55	89.9%	2	20
50	1	125.3%	97.00	91.10	94.50	20.00	0.45	0.95	0.76	86.5%	2	1,077
16	1	119.1%	90.64	88.40	92.00	23.00	0.80	1.45	1.26	87.7%	5	185
140	1	113.1%	96.30	86.00	90.50	25.00	1.05	1.75	1.65	87.3%	1	58
52	1	114.7%	94.75	85.10	89.00	27.00	1.35	2.10	1.50	87.1%	1	37
30	1	111.5%	73.40	82.90	86.50	30.00	1.80	2.55	2.39	85.8%	10	46
41	1	111.5%	71.47	81.80	85.00	32.00	2.40	3.00	4.00	86.8%	2	10
23	1	110.9%	80.60	79.90	83.00	35.00	3.00	3.70	3.27	86.3%	3,008	3,146
24	1	—	103.25	132.50	136.50	37.00	3.20	4.10	4.95	84.8%	2	26
112	9	106.6%	67.80	76.00	79.50	40.00	4.00	5.40	4.53	86.3%	4	736
28	1	143.4%	173.50	81.50	85.50	42.00	4.50	5.80	5.80	85.4%	1	27
47	2	105.7%	86.50	72.90	76.50	45.00	5.30	6.60	6.00	84.5%	1	75
3	2	104.8%	68.90	72.10	74.70	47.00	6.00	7.50	6.20	85.2%	1	257
4,219	14	102.8%	68.20	69.90	72.80	50.00	7.20	8.50	8.44	85.3%	13	147
78	1	101.2%	58.00	66.80	69.90	55.00	8.90	11.20	9.70	86.4%	1	76
132	12	101.1%	67.25	64.40	67.30	60.00	11.30	12.30	12.17	84.8%	13	129
75	8	98.5%	64.61	61.00	64.50	65.00	13.30	14.80	13.90	84.7%	1	102
4,088	3	99.3%	61.00	58.50	63.00	70.00	15.20	17.20	16.00	83.8%	2	3,402
45	8	98.3%	54.80	56.50	60.10	75.00	18.00	19.70	19.50	84.0%	3	99
356	3	100.0%	57.90	55.20	58.50	80.00	21.00	22.30	21.64	84.2%	15	189
143	8	97.3%	54.74	52.00	56.00	85.00	23.30	26.50	22.00	85.3%	1	121
63	6	97.9%	53.15	50.50	54.30	90.00	26.10	28.80	27.31	84.1%	23	115
148	6	97.3%	52.70	48.50	52.40	95.00	29.40	31.10	31.00	83.5%	3	172
332	14	97.8%	50.70	47.00	51.00	100.00	32.40	34.30	33.15	83.3%	4	708
104	3	98.5%	47.21	46.00	49.50	105.00	35.60	37.40	37.50	83.0%	2	551
AAOI $109.64
288	24	97.7%	46.00	44.80	47.10	110.00	38.30	40.80	39.52	82.3%	8	585
67	1	99.0%	45.95	44.00	46.20	115.00	41.70	44.30	42.72	82.3%	1	100
484	4	97.0%	43.90	41.00	44.70	120.00	45.30	47.90	43.40	82.4%	20	41
151	1	98.7%	41.90	40.70	44.00	125.00	48.70	52.50	50.78	83.3%	1	39
292	3	97.1%	38.00	38.50	42.30	130.00	51.90	54.90	50.42	81.4%	2	322
347	2	97.2%	39.40	37.00	41.50	135.00	56.00	58.90	55.50	82.1%	1	359
204	11	97.0%	39.35	36.00	40.10	140.00	59.00	62.00	60.79	80.5%	1	243
44	3	99.1%	39.13	36.40	39.50	145.00	62.70	66.00	69.00	80.5%	1	63
321	13	97.2%	37.50	34.00	38.10	150.00	67.20	70.20	69.00	81.4%	8	198
27	2	97.6%	37.05	33.00	37.50	155.00	81.50	84.50	92.45	102.7%	1	3
116	4	97.5%	36.77	32.00	36.50	160.00	74.00	78.50	75.40	80.5%	105	213
45	5	97.3%	46.20	31.00	35.50	165.00	78.00	81.90	80.00	79.8%	1	121
101	3	98.1%	33.92	31.30	34.20	170.00	87.50	92.50	112.10	91.8%	1	9
53	4	97.8%	42.30	30.00	33.50	175.00	86.00	90.00	95.00	79.4%	1	40
79	11	98.4%	31.60	29.90	32.60	180.00	90.00	94.50	87.12	79.5%	1	55
23	55	97.4%	30.60	28.00	32.00	185.00	105.20	109.30	118.84	101.3%	3	17
140	6	98.7%	30.20	28.20	31.50	190.00	0.00	0.00	107.97	—	1	0
24	1	98.9%	39.25	27.50	31.00	195.00	122.60	126.00	113.90	118.8%	5	35
1,332	39	98.3%	28.50	26.80	29.70	200.00	106.50	110.10	108.50	77.3%	9	48
69	2	98.5%	25.30	25.10	29.00	210.00	122.00	125.90	116.20	91.6%	7	6
76	1	97.3%	24.90	23.00	27.50	220.00	134.50	138.00	138.85	98.7%	1	7
77	37	98.6%	24.90	22.90	26.50	230.00	0.00	0.00	138.51	—	37	0
60	1	98.5%	24.17	21.70	25.50	240.00	—	—	—	—	—	—
358	1	97.7%	23.17	20.30	24.10	250.00	150.00	154.50	156.65	75.5%	2	8
1,280	6	97.7%	22.52	19.00	23.50	260.00	—	—	—	—	—	—
6	1	97.6%	16.45	18.00	22.70	270.00	168.00	172.60	175.21	74.4%	—	1
93	1	98.9%	28.10	18.70	21.50	280.00	—	—	—	—	—	—
114	10	97.7%	20.00	16.50	21.00	290.00	0.00	0.00	190.54	—	—	0
780	3	98.3%	18.80	16.80	19.80	300.00	0.00	0.00	195.13	—	38	0
43	40	98.7%	23.70	16.30	19.30	310.00	—	—	—	—	—	—
37	20	97.9%	25.00	14.50	19.00	320.00	—	—	—	—	—	—
522	65	97.3%	16.70	14.00	17.70	330.00	—	—	—	—	—	—
25	2	98.4%	22.70	14.50	17.00	340.00	0.00	0.00	224.00	—	—	0
1,186	142	96.3%	15.50	13.00	15.60	350.00	257.00	261.50	239.90	106.6%	2	9

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 21, 2028 expiration, the AAOI put/call ratio based on open interest is 0.76 (14,746 puts vs 19,441 calls), and 5.00 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 21, 2028 is about 90.0%, 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.