Enphase Energy (ENPH) Options Chain

NASDAQ: ENPHTechnologySemiconductorsUSD

32.81-0.10 (-0.30%)

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

Expiration date

Expiration: Feb 19, 2027
Days to expiration: 131
Share price: $32.81
Put/call ratio (OI): 0.48
Put/call ratio (volume): 0.47
ATM implied volatility: 67.6%
Expected move: ±$13.28
Open interest (C / P): 6.11K / 2.90K

ENPH options summary

The ENPH options chain for the February 19, 2027 expiration lists 14 call and 13 put contracts, with 131 days until expiration. Open interest stands at 6,110 calls and 2,905 puts, a put/call ratio of 0.48, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $35.00 strike is 67.6%, which implies the market expects a move of about ±$13.28 (40.5%) in Enphase Energy stock by expiration.

The most open interest sits at the $50.00 call (1.21K contracts) and the $30.00 put (1.02K contracts).

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

ENPH options chain · February 19, 2027

ENPH 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
—	—	—	—	—	—	17.50	0.00	0.81	0.27	75.5%	1	46
21	4	85.1%	12.45	12.85	15.05	20.00	0.34	0.75	0.58	67.2%	2	130
1	1	85.3%	11.98	10.85	13.45	22.50	0.66	1.13	1.36	64.0%	11	262
9	4	78.1%	8.95	9.10	11.15	25.00	1.39	1.79	1.71	64.9%	10	224
117	5	77.9%	7.20	6.40	8.25	30.00	3.40	3.90	3.73	65.9%	18	1,025
ENPH $32.81
741	84	69.1%	5.05	4.20	4.90	35.00	6.20	6.80	6.60	66.0%	20	493
558	4	69.5%	2.99	2.87	3.30	40.00	9.70	10.85	10.21	69.5%	5	555
1,133	10	70.5%	2.06	1.97	2.29	45.00	12.95	15.20	14.25	66.9%	5	113
1,213	39	72.9%	1.46	1.34	1.80	50.00	17.75	19.00	18.13	66.2%	5	37
229	21	74.0%	1.09	0.93	1.33	55.00	21.70	23.70	23.27	59.8%	3	3
224	1	73.9%	0.93	0.51	1.05	60.00	26.70	28.50	28.62	63.7%	1	2
1,029	2	76.4%	0.60	0.57	0.68	65.00	31.10	33.35	34.10	89.2%	4	14
288	3	79.2%	0.50	0.40	0.66	70.00	—	—	—	—	—	—
104	5	78.5%	0.62	0.27	0.47	75.00	36.30	39.75	32.83	—	1	1
443	1	79.0%	0.60	0.21	0.35	80.00	—	—	—	—	—	—

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 ENPH put/call ratio?

For the February 19, 2027 expiration, the ENPH put/call ratio based on open interest is 0.48 (2,905 puts vs 6,110 calls), and 0.47 based on today's volume. A ratio above 1 means more puts than calls.

What is ENPH's implied volatility?

At-the-money implied volatility for ENPH options expiring February 19, 2027 is about 67.6%, an annualized estimate of how much the market expects Enphase Energy stock to move.

How many ENPH option expiration dates are there?

ENPH has 14 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.