Fervo Energy (FRVO) Options Chain

NASDAQ: FRVOUtilitiesElectric Utilities: CentralUSD

13.75-0.05 (-0.36%)

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

Expiration date

Expiration: Jan 19, 2029
Days to expiration: 831
Share price: $13.75
Put/call ratio (OI): 2.73
Put/call ratio (volume): 8.74
ATM implied volatility: 89.8%
Expected move: ±$18.62
Open interest (C / P): 767 / 2.10K

FRVO options summary

The FRVO options chain for the January 19, 2029 expiration lists 10 call and 8 put contracts, with 831 days until expiration. Open interest stands at 767 calls and 2,097 puts, a put/call ratio of 2.73, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $12.50 strike is 89.8%, which implies the market expects a move of about ±$18.62 (135.4%) in Fervo Energy stock by expiration.

The most open interest sits at the $30.00 call (238 contracts) and the $12.50 put (1.60K contracts).

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

FRVO options chain · January 19, 2029

FRVO 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
15	2	82.4%	12.00	10.20	12.80	2.50	—	—	—	—	—	—
51	1	109.8%	10.52	9.70	11.60	5.00	—	—	—	—	—	—
—	—	—	—	—	—	7.50	1.70	3.40	2.48	87.7%	20	32
49	20	107.4%	8.80	7.80	10.00	10.00	2.65	5.40	4.00	86.2%	10	20
84	1	93.3%	8.10	6.30	8.60	12.50	4.70	6.80	5.66	86.2%	1,508	1,603
FRVO $13.75
149	100	103.3%	7.00	6.00	9.00	15.00	6.20	9.00	7.50	86.1%	10	351
23	1	104.3%	6.84	5.90	8.30	17.50	8.20	10.80	9.55	85.4%	7	78
133	50	100.2%	6.23	5.00	7.80	20.00	—	—	—	—	—	—
6	—	101.2%	8.00	4.70	7.50	22.50	11.80	14.90	12.07	82.1%	4	5
19	1	101.5%	5.40	4.70	6.90	25.00	14.00	16.90	15.44	81.6%	2	5
238	3	106.1%	5.10	4.50	6.70	30.00	17.80	21.50	19.30	79.2%	3	3

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 January 19, 2029 expiration, the FRVO put/call ratio based on open interest is 2.73 (2,097 puts vs 767 calls), and 8.74 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 January 19, 2029 is about 89.8%, 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.