Ellington Credit (EARN) Options Chain
NYSE: EARNReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $3.41
- Put/call ratio (OI)
- 0.13
- Put/call ratio (volume)
- 0.06
- Expected move
- ±$1.12
- Open interest (C / P)
- 69 / 9
EARN options summary
The EARN options chain for the December 18, 2026 expiration lists 3 call and 1 put contracts, with 68 days until expiration. Open interest stands at 69 calls and 9 puts, a put/call ratio of 0.13, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 76.2%, which implies the market expects a move of about ±$1.12 (32.9%) in Ellington Credit stock by expiration.
The most open interest sits at the $5.00 call (58 contracts) and the $5.00 put (9 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
EARN options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 1.67 | 0.25 | 1.75 | 2.50 | — | — | — | |||||
| 0.03 | 0.00 | 0.05 | 5.00 | 0.70 | 2.20 | 1.65 | |||||
| 0.05 | 0.00 | 0.05 | 7.50 | — | — | — | |||||
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 EARN put/call ratio?
For the December 18, 2026 expiration, the EARN put/call ratio based on open interest is 0.13 (9 puts vs 69 calls), and 0.06 based on today's volume. A ratio above 1 means more puts than calls.
What is EARN's implied volatility?
At-the-money implied volatility for EARN options expiring December 18, 2026 is about 76.2%, an annualized estimate of how much the market expects Ellington Credit stock to move.
How many EARN option expiration dates are there?
EARN has 3 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.
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.