Fervo Energy (FRVO) Options Chain
NASDAQ: FRVOUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 6
- Share price
- $13.75
- Put/call ratio (OI)
- 1.13
- Put/call ratio (volume)
- 3.79
- Expected move
- ±$1.38
- Open interest (C / P)
- 15.17K / 17.14K
FRVO options summary
The FRVO options chain for the October 16, 2026 expiration lists 10 call and 10 put contracts, with 6 days until expiration. Open interest stands at 15,171 calls and 17,144 puts, a put/call ratio of 1.13, which is fairly balanced between calls and puts. At-the-money implied volatility near the $12.50 strike is 78.5%, which implies the market expects a move of about ±$1.38 (10.1%) in Fervo Energy stock by expiration.
The most open interest sits at the $15.00 call (4.85K contracts) and the $15.00 put (7.39K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
FRVO options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.88 | 8.20 | 9.20 | 5.00 | — | — | — | |||||
| — | — | — | 7.50 | 0.00 | 0.05 | 0.03 | |||||
| 3.70 | 3.40 | 4.10 | 10.00 | 0.00 | 0.05 | 0.03 | |||||
| 1.39 | 1.25 | 1.50 | 12.50 | 0.10 | 0.25 | 0.21 | |||||
| 0.24 | 0.10 | 0.30 | 15.00 | 1.35 | 1.65 | 1.60 | |||||
| 0.05 | 0.00 | 0.20 | 17.50 | 3.70 | 4.00 | 4.00 | |||||
| 0.05 | 0.00 | 0.05 | 20.00 | 5.90 | 6.80 | 6.25 | |||||
| 0.05 | 0.00 | 0.10 | 22.50 | 8.40 | 9.30 | 8.05 | |||||
| 0.08 | 0.00 | 0.15 | 25.00 | 10.60 | 11.60 | 9.33 | |||||
| 0.20 | 0.00 | 0.50 | 30.00 | 15.90 | 17.00 | 12.50 | |||||
| 0.10 | 0.00 | 0.25 | 35.00 | 20.50 | 22.10 | 16.90 | |||||
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 FRVO put/call ratio?
For the October 16, 2026 expiration, the FRVO put/call ratio based on open interest is 1.13 (17,144 puts vs 15,171 calls), and 3.79 based on today's volume. A ratio above 1 means more puts than calls.
What is FRVO's implied volatility?
At-the-money implied volatility for FRVO options expiring October 16, 2026 is about 78.5%, an annualized estimate of how much the market expects Fervo Energy stock to move.
How many FRVO option expiration dates are there?
FRVO 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.