Flagstar Bank N.A. (FLG) Options Chain

NYSE: FLGFinanceBanksUSD

11.32-0.03 (-0.26%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $11.32
Put/call ratio (OI): 0.97
Put/call ratio (volume): 1.40
ATM implied volatility: 42.2%
Expected move: ±$2.45
Open interest (C / P): 59.53K / 57.61K

FLG options summary

The FLG options chain for the January 15, 2027 expiration lists 19 call and 18 put contracts, with 96 days until expiration. Open interest stands at 59,530 calls and 57,610 puts, a put/call ratio of 0.97, which is fairly balanced between calls and puts. At-the-money implied volatility near the $11.00 strike is 42.2%, which implies the market expects a move of about ±$2.45 (21.6%) in Flagstar Bank N.A. stock by expiration.

The most open interest sits at the $17.00 call (15.97K contracts) and the $12.00 put (43.54K contracts).

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

FLG options chain · January 15, 2027

FLG 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	2	—	10.43	0.00	0.00	3.00	0.00	0.40	0.06	187.1%	5	30
367	20	108.2%	8.51	6.00	6.90	5.00	0.00	0.25	0.30	107.4%	20	685
0	—	—	7.20	0.00	0.00	7.00	0.00	0.00	0.07	25.0%	80	0
2,448	8	63.6%	3.60	3.40	3.70	8.00	0.00	0.15	0.07	55.9%	25	2,480
9	10	51.1%	4.20	2.35	2.85	9.00	0.05	0.30	0.10	52.5%	—	20
7,735	2	48.6%	1.65	1.60	1.85	10.00	0.20	0.35	0.30	39.0%	2	8,935
540	3	49.5%	1.22	0.85	1.30	11.00	0.45	0.65	0.55	34.9%	3	518
FLG $11.32
6,084	25	35.4%	0.58	0.45	0.55	12.00	0.95	1.15	1.05	31.8%	11	43,540
179	2	36.1%	0.22	0.20	0.30	13.00	1.70	2.00	1.75	37.2%	1	749
383	21	36.3%	0.10	0.05	0.15	14.00	2.40	2.75	2.75	29.5%	3	502
13,412	14	39.5%	0.05	0.00	0.10	15.00	3.60	3.80	3.08	41.4%	30	146
2,077	31	50.6%	0.05	0.00	0.30	16.00	4.20	5.00	3.44	63.1%	2	2
15,973	1	54.3%	0.05	0.00	0.25	17.00	5.20	6.10	5.40	76.3%	16	3
0	2	25.0%	0.18	0.00	0.00	18.00	6.20	7.10	5.60	82.6%	—	0
29	1	64.7%	0.05	0.00	0.25	19.00	0.00	0.00	5.65	—	—	0
9,160	1	52.3%	0.02	0.00	0.05	20.00	5.20	6.40	5.70	—	2	0
4	1	73.4%	0.10	0.00	0.25	21.00	—	—	—	—	—	—
1,130	1	74.2%	0.04	0.00	0.20	22.00	7.30	8.50	7.55	—	2	0
0	1	25.0%	0.05	0.00	0.00	25.00	10.30	11.50	10.50	—	2	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 FLG put/call ratio?

For the January 15, 2027 expiration, the FLG put/call ratio based on open interest is 0.97 (57,610 puts vs 59,530 calls), and 1.40 based on today's volume. A ratio above 1 means more puts than calls.

What is FLG's implied volatility?

At-the-money implied volatility for FLG options expiring January 15, 2027 is about 42.2%, an annualized estimate of how much the market expects Flagstar Bank N.A. stock to move.

How many FLG option expiration dates are there?

FLG has 8 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.