Fermi (FRMI) Options Chain

NASDAQ: FRMIReal EstateReal Estate Investment TrustsUSD

3.43-0.23 (-6.28%)

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

Expiration date

Expiration: Dec 15, 2028
Days to expiration: 796
Share price: $3.43
Put/call ratio (OI): 0.72
Put/call ratio (volume): 1.54
ATM implied volatility: 96.5%
Expected move: ±$4.89
Open interest (C / P): 14.60K / 10.54K

FRMI options summary

The FRMI options chain for the December 15, 2028 expiration lists 5 call and 5 put contracts, with 796 days until expiration. Open interest stands at 14,601 calls and 10,539 puts, a put/call ratio of 0.72, which is fairly balanced between calls and puts. At-the-money implied volatility near the $3.00 strike is 96.5%, which implies the market expects a move of about ±$4.89 (142.6%) in Fermi stock by expiration.

The most open interest sits at the $12.00 call (10.23K contracts) and the $12.00 put (10.00K contracts).

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

FRMI options chain · December 15, 2028

FRMI 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
792	6	106.6%	2.04	2.00	2.10	3.00	1.20	1.45	1.17	86.4%	5	73
FRMI $3.43
828	14	101.3%	1.55	1.45	1.70	5.00	2.60	3.60	2.70	98.8%	2	203
1,534	354	103.3%	1.30	1.15	1.55	7.00	4.20	5.70	4.09	105.0%	200	39
1,217	13	102.8%	1.05	0.90	1.25	10.00	6.70	7.60	6.64	78.0%	200	222
10,230	8	101.7%	0.90	0.80	1.05	12.00	8.50	9.20	8.32	66.8%	200	10,002

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 FRMI put/call ratio?

For the December 15, 2028 expiration, the FRMI put/call ratio based on open interest is 0.72 (10,539 puts vs 14,601 calls), and 1.54 based on today's volume. A ratio above 1 means more puts than calls.

What is FRMI's implied volatility?

At-the-money implied volatility for FRMI options expiring December 15, 2028 is about 96.5%, an annualized estimate of how much the market expects Fermi stock to move.

How many FRMI option expiration dates are there?

FRMI has 15 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.