American Electric Power (AEP) Options Chain

NASDAQ: AEPUtilitiesElectric Utilities: CentralUSD

122.81+0.49 (+0.40%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $122.81
Put/call ratio (OI): 0.84
Put/call ratio (volume): 7.16
ATM implied volatility: 21.6%
Expected move: ±$17.47
Open interest (C / P): 1.38K / 1.16K

AEP options summary

The AEP options chain for the March 19, 2027 expiration lists 19 call and 16 put contracts, with 159 days until expiration. Open interest stands at 1,382 calls and 1,163 puts, a put/call ratio of 0.84, which is fairly balanced between calls and puts. At-the-money implied volatility near the $125.00 strike is 21.6%, which implies the market expects a move of about ±$17.47 (14.2%) in American Electric Power stock by expiration.

The most open interest sits at the $100.00 call (417 contracts) and the $100.00 put (685 contracts).

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

AEP options chain · March 19, 2027

AEP 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
—	—	—	—	—	—	80.00	0.05	2.50	0.90	58.0%	—	5
—	—	—	—	—	—	85.00	0.00	0.00	0.95	12.5%	1	0
10	—	56.5%	48.34	35.00	39.50	90.00	0.00	0.00	0.76	12.5%	2	0
2	3	59.1%	43.40	32.30	36.20	95.00	0.05	1.20	0.90	31.6%	3	40
417	4	38.7%	21.50	21.90	26.20	100.00	0.55	1.45	0.95	28.4%	600	685
4	1	36.6%	32.64	18.10	22.10	105.00	1.05	1.95	1.50	26.1%	3	46
36	5	29.3%	18.78	13.90	16.80	110.00	1.50	3.00	2.25	25.4%	12	73
10	1	26.5%	11.25	10.20	12.80	115.00	3.00	3.60	3.40	21.7%	27	146
16	1	24.7%	7.51	6.90	9.40	120.00	4.00	5.30	7.00	20.6%	4	34
AEP $122.81
94	1	23.1%	5.50	4.40	6.50	125.00	6.10	7.70	8.80	20.0%	1	79
161	1	22.3%	3.40	2.65	4.40	130.00	9.10	11.60	12.79	22.4%	1	29
116	25	22.7%	2.30	1.65	3.10	135.00	12.80	16.10	15.40	25.6%	1	26
84	1	22.6%	1.50	0.50	2.05	140.00	11.30	14.70	16.82	—	—	0
22	4	22.4%	0.77	0.25	1.30	145.00	—	—	—	—	—	—
232	16	23.6%	0.55	0.20	1.00	150.00	26.80	29.90	16.94	32.3%	2	0
70	2	25.9%	0.55	0.05	0.95	155.00	31.00	34.90	23.08	35.4%	2	0
46	17	28.4%	0.15	0.00	0.95	160.00	0.00	0.00	31.40	—	—	0
50	1	30.4%	0.14	0.00	0.90	165.00	—	—	—	—	—	—
9	7	33.0%	1.00	0.00	0.95	170.00	—	—	—	—	—	—
3	1	36.8%	0.60	0.00	0.90	180.00	—	—	—	—	—	—
0	1	12.5%	1.50	0.00	0.00	190.00	—	—	—	—	—	—

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 AEP put/call ratio?

For the March 19, 2027 expiration, the AEP put/call ratio based on open interest is 0.84 (1,163 puts vs 1,382 calls), and 7.16 based on today's volume. A ratio above 1 means more puts than calls.

What is AEP's implied volatility?

At-the-money implied volatility for AEP options expiring March 19, 2027 is about 21.6%, an annualized estimate of how much the market expects American Electric Power stock to move.

How many AEP option expiration dates are there?

AEP has 11 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.