Diamondback Energy (FANG) Options Chain

NASDAQ: FANGEnergyOil & Gas ProductionUSD

192.13+0.45 (+0.23%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 6
Share price: $192.13
Put/call ratio (OI): 0.46
Put/call ratio (volume): 0.96
ATM implied volatility: 38.0%
Expected move: ±$9.36
Open interest (C / P): 7.39K / 3.37K

FANG options summary

The FANG options chain for the October 16, 2026 expiration lists 18 call and 17 put contracts, with 6 days until expiration. Open interest stands at 7,387 calls and 3,370 puts, a put/call ratio of 0.46, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $190.00 strike is 38.0%, which implies the market expects a move of about ±$9.36 (4.9%) in Diamondback Energy stock by expiration.

The most open interest sits at the $195.00 call (1.88K contracts) and the $180.00 put (925 contracts).

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

FANG options chain · October 16, 2026

FANG 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
—	—	—	—	—	—	145.00	0.00	0.10	0.05	84.0%	1	45
—	—	—	—	—	—	150.00	0.00	2.15	0.20	127.0%	5	13
30	—	74.4%	32.10	35.30	39.20	155.00	0.00	2.15	0.26	113.7%	1	13
2	1	64.8%	27.40	30.30	34.20	160.00	0.00	1.15	0.53	86.4%	1	289
10	1	73.0%	19.60	26.00	29.30	165.00	0.00	0.40	0.07	60.3%	7	143
22	3	62.9%	14.70	21.10	24.30	170.00	0.05	0.35	0.10	50.3%	8	186
10	8	53.5%	13.40	16.20	19.40	175.00	0.10	0.40	0.15	46.9%	19	445
53	21	68.5%	12.50	10.70	14.70	180.00	0.15	0.60	0.41	39.9%	71	925
351	19	58.4%	8.10	6.90	10.30	185.00	0.80	1.10	1.00	34.5%	123	148
578	22	38.3%	4.60	3.70	5.20	190.00	1.95	3.00	3.10	37.7%	118	357
FANG $192.13
1,876	229	36.2%	2.50	1.85	2.60	195.00	3.00	6.90	4.70	50.0%	9	196
678	59	35.2%	0.90	0.90	1.10	200.00	7.50	10.80	9.60	56.1%	14	447
1,736	4	44.2%	0.16	0.10	0.40	210.00	16.00	20.00	19.40	73.2%	2	163
1,161	21	52.1%	0.09	0.00	0.35	220.00	25.90	30.00	34.60	95.1%	92	0
157	1	58.2%	0.07	0.00	0.15	230.00	35.90	39.10	44.20	98.0%	1	0
284	1	110.7%	0.04	0.00	2.15	240.00	45.90	49.90	40.67	62.5%	1	0
73	1	125.5%	0.07	0.00	2.15	250.00	0.00	0.00	41.30	—	—	0
360	100	99.2%	0.11	0.00	0.30	260.00	—	—	—	—	—	—
3	1	104.1%	0.11	0.00	0.20	270.00	—	—	—	—	—	—
3	—	146.3%	0.05	0.00	0.30	310.00	—	—	—	—	—	—

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 FANG put/call ratio?

For the October 16, 2026 expiration, the FANG put/call ratio based on open interest is 0.46 (3,370 puts vs 7,387 calls), and 0.96 based on today's volume. A ratio above 1 means more puts than calls.

What is FANG's implied volatility?

At-the-money implied volatility for FANG options expiring October 16, 2026 is about 38.0%, an annualized estimate of how much the market expects Diamondback Energy stock to move.

How many FANG option expiration dates are there?

FANG 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.