Expand Energy (EXE) Options Chain

NASDAQ: EXEEnergyOil & Gas ProductionUSD

88.22-0.64 (-0.72%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $88.22
Put/call ratio (OI): 0.42
Put/call ratio (volume): 0.09
ATM implied volatility: 37.4%
Expected move: ±$16.91
Open interest (C / P): 39.04K / 16.45K

EXE options summary

The EXE options chain for the January 15, 2027 expiration lists 35 call and 28 put contracts, with 96 days until expiration. Open interest stands at 39,037 calls and 16,446 puts, a put/call ratio of 0.42, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $87.50 strike is 37.4%, which implies the market expects a move of about ±$16.91 (19.2%) in Expand Energy stock by expiration.

The most open interest sits at the $110.00 call (9.30K contracts) and the $65.00 put (5.96K contracts).

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

EXE options chain · January 15, 2027

EXE 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
1	1	59.8%	57.00	46.70	49.80	40.00	0.00	0.35	0.38	75.4%	2	35
—	—	—	—	—	—	42.50	0.01	0.39	0.19	71.6%	5	7
—	—	—	—	—	—	45.00	0.01	0.45	0.26	68.1%	5	52
0	—	—	54.08	0.00	0.00	47.50	0.00	2.87	0.50	93.4%	6	7
4	4	89.4%	37.10	36.70	39.80	50.00	0.00	0.80	0.18	64.8%	4	21
3	1	164.0%	37.06	41.40	45.30	55.00	0.00	0.85	0.33	56.0%	4	12
1	1	50.5%	30.60	27.10	30.50	60.00	0.00	0.40	0.18	46.6%	2	86
6	4	63.1%	25.65	22.70	25.50	65.00	0.00	0.50	0.40	40.5%	2	5,965
1	—	62.2%	23.55	20.90	23.50	67.50	0.00	0.60	0.35	38.1%	20	130
471	5	55.8%	16.70	18.00	20.90	70.00	0.10	0.65	0.45	34.7%	4	180
0	—	—	19.62	0.00	0.00	72.50	0.50	0.95	1.20	34.3%	3	486
60	1	41.0%	12.50	13.50	15.40	75.00	0.85	1.05	0.97	31.0%	1	932
0	1	—	24.35	0.00	0.00	77.50	1.05	1.80	1.45	33.0%	2	261
310	2	41.4%	10.08	9.30	12.00	80.00	1.70	2.10	1.95	30.2%	4	878
170	1	40.4%	9.45	7.50	10.30	82.50	1.45	4.20	2.75	38.1%	16	396
429	5	43.2%	7.80	7.20	9.40	85.00	2.45	5.30	3.70	38.2%	3	3,923
176	2	37.3%	6.40	4.40	7.10	87.50	3.60	6.40	4.80	37.4%	1	213
EXE $88.22
643	1	39.6%	5.40	3.60	6.40	90.00	4.90	7.80	6.82	37.6%	18	1,176
601	1	33.6%	2.60	1.70	3.50	95.00	9.20	11.00	10.12	37.8%	27	404
4,872	9	35.1%	2.05	1.80	2.45	100.00	12.10	14.00	13.50	33.6%	1	314
6,518	108	35.5%	1.25	0.90	1.60	105.00	15.80	19.70	18.52	45.1%	4	568
9,298	322	37.0%	0.80	0.60	1.15	110.00	20.40	23.60	22.30	43.0%	35	178
2,022	3	38.6%	0.50	0.20	0.85	115.00	25.10	28.30	26.80	45.5%	1	113
2,610	3	38.0%	0.35	0.30	0.50	120.00	0.00	0.00	21.50	—	1	0
3,480	2	42.6%	0.45	0.15	0.55	125.00	35.90	40.00	36.88	50.9%	1	94
622	3	46.2%	0.30	0.00	0.55	130.00	25.50	29.35	24.80	—	1	0
196	6	44.2%	0.36	0.00	0.30	135.00	—	—	—	—	—	—
146	2	49.7%	0.25	0.05	0.40	140.00	47.60	51.20	41.63	—	1	2
318	1	52.6%	0.41	0.00	0.40	145.00	37.05	38.90	30.75	—	13	13
5,784	1,505	55.4%	0.10	0.00	0.40	150.00	—	—	—	—	—	—
91	48	52.9%	0.20	0.00	0.45	155.00	—	—	—	—	—	—
81	2	58.5%	0.10	0.00	0.65	160.00	—	—	—	—	—	—
30	4	95.7%	2.51	1.66	4.00	165.00	—	—	—	—	—	—
0	6	25.0%	1.67	0.00	0.00	170.00	—	—	—	—	—	—
21	23	70.2%	0.15	0.00	1.00	175.00	—	—	—	—	—	—
67	15	80.1%	0.40	0.00	1.75	180.00	—	—	—	—	—	—
5	1	59.4%	0.03	0.00	0.20	185.00	—	—	—	—	—	—

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 EXE put/call ratio?

For the January 15, 2027 expiration, the EXE put/call ratio based on open interest is 0.42 (16,446 puts vs 39,037 calls), and 0.09 based on today's volume. A ratio above 1 means more puts than calls.

What is EXE's implied volatility?

At-the-money implied volatility for EXE options expiring January 15, 2027 is about 37.4%, an annualized estimate of how much the market expects Expand Energy stock to move.

How many EXE option expiration dates are there?

EXE has 16 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.