FuelCell Energy (FCEL) Options Chain

NASDAQ: FCELEnergyIndustrial Machinery/ComponentsUSD

18.03+0.785 (+4.55%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $18.03
Put/call ratio (OI): 0.30
Put/call ratio (volume): 0.21
ATM implied volatility: 92.7%
Expected move: ±$8.57
Open interest (C / P): 40.73K / 12.41K

FCEL options summary

The FCEL options chain for the January 15, 2027 expiration lists 53 call and 52 put contracts, with 96 days until expiration. Open interest stands at 40,727 calls and 12,407 puts, a put/call ratio of 0.30, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $18.00 strike is 92.7%, which implies the market expects a move of about ±$8.57 (47.5%) in FuelCell Energy stock by expiration.

The most open interest sits at the $20.00 call (5.78K contracts) and the $15.00 put (1.92K contracts).

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

FCEL options chain · January 15, 2027

FCEL 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
3,679	836	—	0.18	0.17	0.18	0.50	0.00	0.49	0.25	581.3%	1	945
34	1	809.4%	12.90	15.70	17.90	1.00	0.00	0.05	0.04	259.4%	5	19
472	9	—	0.13	0.13	0.15	1.50	—	—	—	—	—	—
8	3	—	19.86	11.90	14.50	2.00	0.00	0.55	0.04	303.9%	3	23
105	1	291.4%	15.95	14.50	16.60	3.00	0.00	0.00	0.05	50.0%	1	0
63	22	263.5%	14.35	12.70	14.70	4.00	0.00	0.30	0.01	177.3%	4	889
410	2	213.7%	13.00	11.80	13.60	5.00	0.00	0.00	0.05	50.0%	2	0
9	1	185.3%	11.87	10.10	12.60	6.00	0.00	0.10	0.12	107.8%	3	51
3,336	3	162.1%	13.20	10.10	11.60	7.00	0.00	0.15	0.10	100.4%	5	1,321
15	50	71.1%	9.70	9.30	10.80	8.00	0.05	0.25	0.15	100.2%	2	273
104	1	75.0%	10.40	8.30	9.90	9.00	0.10	0.50	0.25	103.5%	1	99
2,688	1	83.2%	8.00	7.60	8.90	10.00	0.25	0.45	0.40	94.3%	2	1,066
61	1	76.0%	7.30	6.50	8.10	11.00	0.30	0.65	0.60	90.2%	17	229
358	3	88.4%	9.30	6.10	7.30	12.00	0.55	0.95	0.89	92.4%	1	260
221	2	82.7%	7.00	5.10	6.60	13.00	0.85	1.25	1.15	92.5%	6	338
275	2	91.1%	5.10	4.90	5.90	14.00	1.25	1.80	1.42	96.8%	2	407
2,424	8	94.1%	4.86	4.70	5.10	15.00	1.70	2.10	2.08	95.1%	12	1,924
815	19	93.4%	4.12	3.80	4.90	16.00	2.20	2.60	2.48	95.8%	19	312
319	31	92.8%	3.90	3.40	4.30	17.00	2.70	3.20	3.10	96.5%	20	377
399	29	92.2%	3.30	3.10	3.70	18.00	3.30	3.50	3.60	93.1%	55	217
FCEL $18.03
564	18	96.6%	3.10	2.75	3.60	19.00	3.60	4.10	4.25	88.6%	1	163
5,779	6	95.0%	2.70	2.55	3.00	20.00	4.60	4.80	4.88	93.8%	10	1,656
234	2	95.9%	2.40	2.25	2.75	21.00	5.20	6.20	6.00	102.1%	2	363
663	13	97.2%	2.08	2.10	2.45	22.00	5.90	6.90	6.30	101.4%	2	226
1,245	13	101.2%	1.87	1.90	2.45	23.00	6.70	7.80	7.20	104.1%	8	287
233	15	99.7%	1.70	1.60	2.20	24.00	7.40	8.50	7.85	102.0%	2	76
2,581	1	98.8%	1.59	1.55	1.80	25.00	8.30	9.20	7.50	101.9%	2	60
152	3	101.1%	1.60	1.30	1.85	26.00	9.00	10.40	10.50	105.7%	1	58
752	2	102.2%	1.45	1.20	1.70	27.00	9.80	11.30	10.84	106.1%	2	98
140	7	103.5%	1.40	1.10	1.60	28.00	10.70	12.10	12.48	106.1%	1	69
85	1	103.7%	1.20	1.00	1.45	29.00	11.60	12.70	12.56	102.3%	1	61
1,137	13	105.1%	1.02	0.95	1.35	30.00	12.50	13.70	11.50	104.5%	1	113
93	3	105.4%	0.96	0.85	1.25	31.00	0.00	0.00	12.60	—	1	0
473	4	105.3%	1.06	0.75	1.15	32.00	14.30	15.60	17.80	106.4%	2	136
108	16	106.7%	0.81	0.70	1.10	33.00	0.00	0.00	14.90	—	4	0
114	16	106.9%	0.80	0.60	1.05	34.00	0.00	0.00	15.70	—	8	0
241	2	110.9%	0.83	0.65	1.05	35.00	17.10	18.70	17.60	114.1%	1	75
446	33	108.6%	0.63	0.55	0.90	36.00	20.90	22.40	18.00	200.5%	17	41
156	33	109.2%	0.62	0.50	0.85	37.00	0.00	0.00	18.80	—	48	0
209	3	111.7%	1.20	0.45	0.90	38.00	0.00	0.00	19.80	—	1	0
725	1	111.9%	0.65	0.40	0.85	39.00	0.00	0.00	20.70	—	1	0
1,412	2	113.1%	0.55	0.45	0.75	40.00	24.80	25.90	21.70	204.2%	11	157
608	1	113.0%	0.52	0.40	0.70	41.00	23.00	24.70	23.40	127.9%	—	2
22	1	112.5%	0.55	0.35	0.65	42.00	0.00	0.00	23.40	—	—	0
16	1	114.7%	0.40	0.35	0.65	43.00	25.10	26.70	20.30	134.5%	—	1
28	1	106.3%	0.35	0.15	0.50	44.00	0.00	0.00	25.20	—	—	0
293	6	109.8%	0.40	0.15	0.55	45.00	0.00	0.00	26.10	—	—	0
193	1	113.3%	0.40	0.20	0.55	46.00	0.00	0.00	27.00	—	1	0
9	1	119.7%	0.65	0.10	0.80	47.00	28.70	30.50	23.40	129.4%	—	3
2,282	3	120.0%	0.64	0.20	0.65	48.00	29.40	31.60	24.00	126.1%	—	2
52	1	115.2%	0.40	0.05	0.60	49.00	0.00	0.00	29.80	—	6	0
430	1	118.6%	0.30	0.20	0.50	50.00	0.00	0.00	30.80	—	3	0
3,457	197	114.1%	0.25	0.05	0.35	55.00	36.20	38.20	30.70	117.0%	—	10

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 FCEL put/call ratio?

For the January 15, 2027 expiration, the FCEL put/call ratio based on open interest is 0.30 (12,407 puts vs 40,727 calls), and 0.21 based on today's volume. A ratio above 1 means more puts than calls.

What is FCEL's implied volatility?

At-the-money implied volatility for FCEL options expiring January 15, 2027 is about 92.7%, an annualized estimate of how much the market expects FuelCell Energy stock to move.

How many FCEL option expiration dates are there?

FCEL has 10 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.