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: Jan 19, 2029
Days to expiration: 831
Share price: $32.81
Put/call ratio (OI): 3.27
Put/call ratio (volume): 16.37
ATM implied volatility: 68.9%
Expected move: ±$34.12
Open interest (C / P): 466 / 1.52K

ENPH options summary

The ENPH options chain for the January 19, 2029 expiration lists 10 call and 9 put contracts, with 831 days until expiration. Open interest stands at 466 calls and 1,523 puts, a put/call ratio of 3.27, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $35.00 strike is 68.9%, which implies the market expects a move of about ±$34.12 (104.0%) in Enphase Energy stock by expiration.

The most open interest sits at the $35.00 call (120 contracts) and the $20.00 put (1.00K contracts).

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

ENPH options chain · January 19, 2029

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
28	3	85.6%	20.00	19.25	22.65	17.50	3.30	3.70	3.51	65.3%	1	4
32	11	81.5%	20.00	18.30	20.55	20.00	4.30	4.85	4.60	64.4%	1,000	1,002
1	—	80.4%	20.09	17.25	19.35	22.50	4.50	6.05	5.80	60.1%	2	219
8	5	84.2%	18.17	16.20	19.60	25.00	6.45	7.40	7.24	62.1%	2	6
75	2	77.5%	15.00	13.10	17.50	30.00	9.55	10.25	9.90	61.7%	1	269
ENPH $32.81
120	4	77.7%	13.90	12.15	15.70	35.00	12.20	13.80	13.13	60.2%	5	16
100	1	76.6%	13.35	11.85	13.20	40.00	15.80	17.00	16.20	59.0%	1	2
1	—	77.5%	12.00	10.80	12.45	45.00	—	—	—	—	—	—
33	2	78.2%	10.18	10.00	11.70	50.00	22.95	24.55	24.10	56.4%	—	1
68	34	76.0%	9.56	9.00	10.20	55.00	27.15	28.50	28.59	55.9%	3	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 ENPH put/call ratio?

For the January 19, 2029 expiration, the ENPH put/call ratio based on open interest is 3.27 (1,523 puts vs 466 calls), and 16.37 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 January 19, 2029 is about 68.9%, 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.