Forward Air (FWRD) Options Chain
NASDAQ: FWRDIndustrialsIntegrated Freight & LogisticsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 7
- Share price
- $15.64
- Put/call ratio (OI)
- 0.08
- Put/call ratio (volume)
- 0.16
- ATM implied volatility
- 126.1%
- Expected move
- ±$2.73
- Open interest (C / P)
- 268 / 22
FWRD options summary
The FWRD options chain for the October 16, 2026 expiration lists 5 call and 5 put contracts, with 7 days until expiration. Open interest stands at 268 calls and 22 puts, a put/call ratio of 0.08, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $15.00 strike is 126.1%, which implies the market expects a move of about ±$2.73 (17.5%) in Forward Air stock by expiration.
The most open interest sits at the $17.50 call (194 contracts) and the $15.00 put (12 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
FWRD options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 7.50 | 0.00 | 0.65 | 0.09 | |||||
| — | — | — | 10.00 | 0.00 | 0.65 | 0.30 | |||||
| 2.65 | 2.90 | 4.50 | 12.50 | — | — | — | |||||
| 0.75 | 0.50 | 3.10 | 15.00 | 0.05 | 0.75 | 0.75 | |||||
| 0.08 | 0.00 | 0.65 | 17.50 | 1.15 | 2.20 | 2.20 | |||||
| 0.29 | 0.00 | 0.30 | 20.00 | 3.30 | 4.70 | 4.90 | |||||
| 0.05 | 0.00 | 0.65 | 22.50 | — | — | — | |||||
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 FWRD put/call ratio?
For the October 16, 2026 expiration, the FWRD put/call ratio based on open interest is 0.08 (22 puts vs 268 calls), and 0.16 based on today's volume. A ratio above 1 means more puts than calls.
What is FWRD's implied volatility?
At-the-money implied volatility for FWRD options expiring October 16, 2026 is about 126.1%, an annualized estimate of how much the market expects Forward Air stock to move.
How many FWRD option expiration dates are there?
FWRD has 6 listed expiration dates, from Oct 16, 2026 to Dec 17, 2027.
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.