First Horizon (FHN) Options Chain

NYSE: FHNFinanceMajor BanksUSD

23.08-0.23 (-0.99%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $23.08
Put/call ratio (OI): 0.09
Put/call ratio (volume): 4.20
ATM implied volatility: 31.2%
Expected move: ±$3.69
Open interest (C / P): 165.76K / 15.33K

FHN options summary

The FHN options chain for the January 15, 2027 expiration lists 17 call and 13 put contracts, with 96 days until expiration. Open interest stands at 165,760 calls and 15,334 puts, a put/call ratio of 0.09, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $23.00 strike is 31.2%, which implies the market expects a move of about ±$3.69 (16.0%) in First Horizon stock by expiration.

The most open interest sits at the $31.00 call (100.05K contracts) and the $18.00 put (7.41K contracts).

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

FHN options chain · January 15, 2027

FHN 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
0	4	—	11.40	0.00	0.00	13.00	0.00	0.40	0.22	75.0%	1	53
0	1	—	10.42	0.00	0.00	15.00	0.00	0.30	0.04	55.3%	1	33
0	1	—	8.25	0.00	0.00	18.00	0.05	0.40	0.12	47.5%	1	7,413
208	1	42.4%	3.54	3.30	3.80	20.00	0.15	0.55	0.33	37.5%	20	2,550
0	1	—	4.21	0.00	0.00	21.00	0.30	0.75	0.65	34.9%	1	281
2,107	2	33.5%	3.45	1.85	2.15	22.00	0.55	0.90	1.05	29.6%	919	4,318
1	—	33.0%	1.22	1.25	1.60	23.00	0.90	1.35	1.25	29.4%	12	33
FHN $23.08
70	1	32.4%	0.85	0.65	1.15	24.00	1.55	2.00	1.65	30.9%	3	50
1,088	1	30.8%	0.55	0.50	0.75	25.00	2.15	2.55	1.72	28.0%	1	596
744	1	31.9%	0.40	0.25	0.55	26.00	2.90	3.40	2.98	30.0%	5	6
359	1	29.6%	0.25	0.15	0.30	27.00	—	—	—	—	—	—
50,781	62	30.1%	0.15	0.10	0.20	28.00	—	—	—	—	—	—
150	141	31.4%	0.25	0.05	0.15	29.00	—	—	—	—	—	—
10,204	1	34.8%	0.05	0.00	0.15	30.00	5.60	6.60	8.20	—	—	0
100,048	1	34.8%	0.20	0.00	0.10	31.00	—	—	—	—	—	—
0	2	12.5%	0.35	0.00	0.00	32.00	7.30	8.30	10.10	—	—	1
0	9	25.0%	0.05	0.00	0.00	35.00	10.00	11.70	10.10	—	1	0

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 FHN put/call ratio?

For the January 15, 2027 expiration, the FHN put/call ratio based on open interest is 0.09 (15,334 puts vs 165,760 calls), and 4.20 based on today's volume. A ratio above 1 means more puts than calls.

What is FHN's implied volatility?

At-the-money implied volatility for FHN options expiring January 15, 2027 is about 31.2%, an annualized estimate of how much the market expects First Horizon stock to move.

How many FHN option expiration dates are there?

FHN has 7 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.