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: Apr 16, 2027
Days to expiration: 188
Share price: $18.03
Put/call ratio (OI): 0.68
Put/call ratio (volume): 0.46
ATM implied volatility: 94.6%
Expected move: ±$12.24
Open interest (C / P): 2.17K / 1.47K

FCEL options summary

The FCEL options chain for the April 16, 2027 expiration lists 30 call and 20 put contracts, with 188 days until expiration. Open interest stands at 2,172 calls and 1,472 puts, a put/call ratio of 0.68, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $18.00 strike is 94.6%, which implies the market expects a move of about ±$12.24 (67.9%) in FuelCell Energy stock by expiration.

The most open interest sits at the $35.00 call (422 contracts) and the $27.00 put (441 contracts).

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

FCEL options chain · April 16, 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
2	2	202.3%	14.84	13.70	15.50	3.00	—	—	—	—	—	—
1	—	207.2%	11.80	12.60	14.90	4.00	—	—	—	—	—	—
2	—	191.2%	11.30	11.80	14.10	5.00	—	—	—	—	—	—
—	—	—	—	—	—	6.00	—	—	0.20	—	—	—
—	—	—	—	—	—	7.00	0.20	0.45	0.51	98.7%	5	18
—	—	—	—	—	—	8.00	0.30	0.70	0.59	97.8%	1	1
—	—	—	—	—	—	9.00	0.55	0.85	0.74	96.1%	1	141
14	1	93.7%	8.80	8.10	9.80	10.00	0.80	1.10	1.00	94.9%	10	90
1	1	94.6%	8.20	7.50	9.10	11.00	1.05	1.50	1.49	94.8%	1	22
19	10	96.9%	7.55	7.10	8.40	12.00	1.50	1.65	1.70	92.6%	1	373
18	10	98.8%	7.00	6.70	7.80	13.00	1.90	2.10	2.10	92.9%	20	62
55	9	98.1%	6.52	6.40	7.00	14.00	2.25	2.55	2.77	91.4%	13	34
83	26	98.8%	6.12	6.00	6.50	15.00	2.85	3.10	3.35	93.2%	7	76
54	16	99.8%	5.65	5.50	6.20	16.00	3.40	3.60	3.70	92.7%	5	9
25	2	97.8%	5.50	4.70	6.00	17.00	4.00	4.20	4.10	93.2%	3	59
23	2	97.4%	5.29	4.40	5.50	18.00	4.50	4.80	4.70	91.8%	1	30
FCEL $18.03
67	1	98.4%	4.50	4.10	5.20	19.00	5.00	6.00	4.55	96.0%	4	5
125	12	100.8%	3.95	3.90	5.00	20.00	5.80	6.70	5.49	97.4%	7	11
27	26	99.7%	3.80	3.60	4.60	21.00	6.40	7.50	6.00	97.4%	3	6
99	2	99.2%	3.20	3.30	4.30	22.00	7.10	8.20	9.86	96.9%	—	1
7	4	101.1%	5.10	3.10	4.20	23.00	—	—	7.11	—	—	—
11	2	101.8%	3.35	3.10	3.80	24.00	—	—	—	—	—	—
162	1	100.2%	2.80	2.90	3.40	25.00	9.40	10.70	12.40	98.8%	—	93
70	12	103.6%	4.40	2.75	3.50	26.00	—	—	—	—	—	—
307	10	103.3%	3.50	2.55	3.30	27.00	11.00	12.30	11.90	98.5%	4	441
186	1	102.3%	2.80	2.30	3.10	28.00	—	—	—	—	—	—
141	5	103.5%	3.91	2.20	3.00	29.00	—	—	—	—	—	—
101	2	103.6%	2.40	2.05	2.85	30.00	—	—	—	—	—	—
1	1	104.4%	2.26	1.95	2.75	31.00	—	—	—	—	—	—
49	2	106.1%	2.00	1.95	2.65	32.00	—	—	—	—	—	—
72	5	106.6%	3.01	1.85	2.55	33.00	—	—	—	—	—	—
7	2	106.4%	1.75	1.75	2.40	34.00	—	—	—	—	—	—
422	1	107.7%	2.18	1.65	2.40	35.00	—	—	—	—	—	—
21	18	105.6%	1.65	1.60	2.05	36.00	—	—	—	—	—	—

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 FCEL put/call ratio?

For the April 16, 2027 expiration, the FCEL put/call ratio based on open interest is 0.68 (1,472 puts vs 2,172 calls), and 0.46 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 April 16, 2027 is about 94.6%, 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.