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: Jan 21, 2028
Days to expiration: 468
Share price: $84.64
Put/call ratio (OI): 0.38
Put/call ratio (volume): 0.77
ATM implied volatility: 98.8%
Expected move: ±$94.74
Open interest (C / P): 13.96K / 5.25K

AEHR options summary

The AEHR options chain for the January 21, 2028 expiration lists 45 call and 37 put contracts, with 468 days until expiration. Open interest stands at 13,962 calls and 5,254 puts, a put/call ratio of 0.38, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $85.00 strike is 98.8%, which implies the market expects a move of about ±$94.74 (111.9%) in Aehr Test Systems stock by expiration.

The most open interest sits at the $50.00 call (4.37K contracts) and the $15.00 put (2.67K contracts).

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

AEHR options chain · January 21, 2028

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
22	2	181.8%	88.80	80.00	85.00	2.50	0.00	0.00	0.05	50.0%	4	0
3	2	—	92.65	89.50	94.00	5.00	0.00	0.00	0.15	50.0%	5	0
3	2	—	57.31	91.00	95.50	7.50	0.00	1.50	0.19	135.1%	14	224
3	1	121.0%	90.00	73.50	77.50	10.00	0.05	0.70	0.39	102.2%	1	225
46	40	—	57.70	83.50	88.00	12.50	0.20	1.00	0.60	99.6%	1	389
35	2	111.1%	89.00	69.50	72.80	15.00	0.60	1.30	1.20	99.1%	2	2,665
50	2	120.4%	87.00	67.80	72.00	17.50	0.90	1.45	1.35	94.8%	10	22
112	1	118.7%	90.00	66.30	69.90	20.00	1.30	2.25	1.83	96.6%	4	211
164	1	115.0%	65.81	64.50	67.80	22.50	1.90	2.80	2.19	96.4%	5	19
2,353	7	111.5%	79.83	62.90	65.50	25.00	2.45	3.20	2.60	94.4%	1	163
2,439	5	109.7%	61.00	59.60	62.30	30.00	3.70	4.50	4.35	92.4%	1	121
158	13	109.4%	57.70	56.80	59.40	35.00	5.60	6.80	6.30	94.8%	1	18
158	6	108.1%	55.55	53.90	56.70	40.00	7.50	8.90	8.12	94.5%	15	57
37	1	106.9%	53.05	51.00	54.30	45.00	10.20	11.00	10.20	95.1%	1	21
4,368	12	108.0%	50.30	49.50	51.80	50.00	12.30	13.50	12.30	94.2%	1	92
126	4	106.2%	48.45	46.50	49.80	55.00	14.70	16.20	15.23	93.7%	6	51
66	1	106.8%	61.20	44.50	48.20	60.00	17.60	19.10	18.00	94.0%	4	109
124	10	106.6%	47.86	43.00	46.00	65.00	19.60	22.00	20.40	92.1%	3	33
55	1	108.2%	41.60	41.50	45.00	70.00	22.20	25.00	23.95	91.1%	6	19
94	1	106.7%	59.30	39.50	43.00	75.00	25.50	28.60	26.60	91.8%	2	30
123	9	105.1%	39.25	37.50	41.00	80.00	28.80	31.50	27.30	91.1%	3	24
AEHR $84.64
42	1	107.3%	51.85	36.60	40.50	85.00	31.50	35.20	33.70	90.4%	10	244
62	3	106.5%	37.20	35.70	38.20	90.00	36.80	38.40	37.40	92.5%	15	21
1,204	42	106.2%	35.40	33.80	37.40	95.00	39.50	43.50	37.95	93.2%	19	34
165	3	106.5%	34.40	33.40	35.70	100.00	43.70	46.20	44.60	92.4%	10	270
30	1	106.4%	43.92	31.80	35.00	105.00	46.30	49.20	48.40	89.7%	7	83
66	4	105.5%	35.28	30.50	33.50	110.00	51.60	53.10	57.50	91.7%	1	17
22	2	106.3%	33.55	29.80	32.80	115.00	0.00	0.00	55.00	—	2	0
201	9	106.3%	30.00	29.10	31.60	120.00	57.90	61.80	60.00	90.6%	6	0
184	4	106.9%	30.50	28.20	31.10	125.00	62.20	65.80	69.20	90.9%	1	1
18	1	106.5%	32.77	27.00	30.30	130.00	66.00	70.00	61.97	90.6%	3	12
70	1	107.0%	43.00	25.50	30.50	135.00	—	—	—	—	—	—
46	2	106.8%	27.95	25.90	28.40	140.00	74.00	78.50	74.70	90.4%	7	9
308	5	106.7%	30.15	24.70	28.00	145.00	—	—	—	—	—	—
123	1	108.2%	27.50	25.00	27.40	150.00	—	—	—	—	—	—
4	1	106.3%	41.01	22.50	27.10	155.00	86.50	91.00	85.90	89.6%	—	16
33	3	107.1%	26.29	22.60	26.30	160.00	—	—	—	—	—	—
0	—	12.5%	59.93	0.00	0.00	165.00	95.50	99.00	93.90	89.0%	—	17
103	20	105.7%	23.00	21.30	24.00	170.00	—	—	—	—	—	—
381	1	107.5%	24.00	20.50	25.00	175.00	0.00	0.00	97.80	—	—	0
14	10	107.1%	25.10	20.20	23.90	180.00	—	—	—	—	—	—
0	1	12.5%	50.25	0.00	0.00	185.00	—	—	—	—	—	—
5	2	107.0%	31.00	19.00	22.90	190.00	—	—	—	—	—	—
22	19	108.7%	23.60	19.20	23.00	195.00	122.00	125.50	117.10	88.1%	32	33
320	4	106.9%	19.80	18.00	21.90	200.00	126.10	129.80	124.00	87.1%	—	4

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 January 21, 2028 expiration, the AEHR put/call ratio based on open interest is 0.38 (5,254 puts vs 13,962 calls), and 0.77 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 January 21, 2028 is about 98.8%, 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.