Aehr Test Systems (AEHR) Options Chain

NASDAQ: AEHRIndustrialsElectrical ProductsUSD

84.64-2.57 (-2.95%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $84.64
Put/call ratio (OI): 0.63
Put/call ratio (volume): 0.54
ATM implied volatility: 99.0%
Expected move: ±$36.16
Open interest (C / P): 8.48K / 5.33K

AEHR options summary

The AEHR options chain for the December 18, 2026 expiration lists 34 call and 28 put contracts, with 68 days until expiration. Open interest stands at 8,478 calls and 5,329 puts, a put/call ratio of 0.63, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $85.00 strike is 99.0%, which implies the market expects a move of about ±$36.16 (42.7%) in Aehr Test Systems stock by expiration.

The most open interest sits at the $155.00 call (2.09K contracts) and the $75.00 put (614 contracts).

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

AEHR options chain · December 18, 2026

AEHR 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
108	1	119.7%	66.00	48.70	51.60	35.00	0.10	0.75	0.25	115.6%	51	144
41	1	107.3%	58.45	43.40	47.10	40.00	0.30	0.80	0.57	105.1%	1	206
65	5	104.0%	41.07	38.90	42.40	45.00	0.60	1.25	1.00	101.8%	10	592
12	2	106.9%	49.20	35.20	37.90	50.00	1.30	1.80	1.55	100.4%	18	613
31	1	106.7%	35.70	31.20	34.00	55.00	1.90	2.80	2.30	98.2%	6	200
21	2	105.3%	41.10	27.50	30.20	60.00	3.20	4.00	3.70	98.5%	22	415
47	5	104.3%	32.00	24.00	26.80	65.00	4.80	6.20	5.13	101.8%	16	304
72	6	102.5%	22.20	21.50	22.80	70.00	6.50	7.50	6.90	98.2%	6	316
134	10	102.9%	21.10	18.10	20.80	75.00	8.00	10.20	9.21	97.4%	21	614
259	6	100.3%	16.65	15.50	17.80	80.00	11.40	11.90	11.94	97.7%	6	302
AEHR $84.64
252	37	101.6%	14.50	13.80	15.50	85.00	13.50	15.00	14.70	96.3%	11	263
187	2	99.7%	12.62	11.40	13.50	90.00	16.90	18.10	18.00	97.6%	2	301
286	4	102.7%	10.80	10.50	11.90	95.00	20.40	22.20	20.70	100.9%	1	251
798	9	100.0%	9.70	8.40	10.30	100.00	23.70	25.30	22.70	98.6%	4	313
237	5	102.0%	8.69	7.60	9.10	105.00	27.60	29.50	20.90	100.9%	62	128
504	203	104.0%	7.34	7.00	8.00	110.00	30.20	34.10	26.13	98.8%	10	252
186	3	100.4%	6.42	5.00	7.10	115.00	35.20	38.20	26.47	102.6%	11	37
389	7	103.9%	5.66	5.30	6.00	120.00	39.30	41.70	38.10	99.8%	1	34
275	14	102.9%	5.50	4.00	5.60	125.00	43.50	46.20	32.47	100.3%	1	7
194	4	108.5%	4.30	4.00	5.60	130.00	47.90	50.50	36.12	100.0%	1	9
208	1	106.6%	6.50	3.00	5.00	135.00	52.30	55.00	53.70	99.8%	1	12
607	14	106.6%	3.50	3.10	3.90	140.00	56.80	59.40	61.30	98.8%	1	2
97	3	109.6%	3.90	2.80	3.90	145.00	61.40	64.10	46.40	99.2%	1	4
339	14	109.1%	2.85	2.50	3.30	150.00	0.00	0.00	50.80	—	1	0
2,092	8	109.9%	2.75	1.95	3.30	155.00	—	—	—	—	—	—
219	12	112.5%	2.63	1.65	3.40	160.00	75.50	78.30	73.40	99.5%	1	2
30	1	110.6%	2.75	1.55	2.65	165.00	80.90	83.70	99.50	108.5%	—	1
56	1	109.1%	2.10	1.30	2.20	170.00	85.00	87.90	73.20	98.4%	1	6
298	2	108.8%	2.00	1.05	2.00	175.00	83.50	86.70	112.69	—	1	1
71	1	114.1%	1.65	1.15	2.20	180.00	—	—	—	—	—	—
21	1	113.8%	3.30	0.90	2.05	185.00	—	—	—	—	—	—
83	1	113.1%	1.80	0.60	1.95	190.00	—	—	—	—	—	—
105	107	113.8%	4.66	0.50	1.85	195.00	—	—	—	—	—	—
154	1	112.8%	1.00	0.50	1.50	200.00	—	—	—	—	—	—

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 AEHR put/call ratio?

For the December 18, 2026 expiration, the AEHR put/call ratio based on open interest is 0.63 (5,329 puts vs 8,478 calls), and 0.54 based on today's volume. A ratio above 1 means more puts than calls.

What is AEHR's implied volatility?

At-the-money implied volatility for AEHR options expiring December 18, 2026 is about 99.0%, an annualized estimate of how much the market expects Aehr Test Systems stock to move.

How many AEHR option expiration dates are there?

AEHR has 12 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.