Forward Air (FWRD) Options Chain
NASDAQ: FWRDIndustrialsIntegrated Freight & LogisticsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Mar 19, 2027
- Days to expiration
- 159
- Share price
- $15.64
- Put/call ratio (OI)
- 0.02
- Put/call ratio (volume)
- 0.23
- Expected move
- ±$8.64
- Open interest (C / P)
- 732 / 11
FWRD options summary
The FWRD options chain for the March 19, 2027 expiration lists 6 call and 2 put contracts, with 159 days until expiration. Open interest stands at 732 calls and 11 puts, a put/call ratio of 0.02, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $17.50 strike is 83.7%, which implies the market expects a move of about ±$8.64 (55.3%) in Forward Air stock by expiration.
The most open interest sits at the $20.00 call (722 contracts) and the $12.50 put (10 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
FWRD options chain · March 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.40 | 0.00 | 0.00 | 12.50 | 0.20 | 2.90 | 2.00 | |||||
| 2.46 | 2.20 | 4.80 | 17.50 | 2.15 | 5.60 | 4.10 | |||||
| 3.12 | 2.85 | 5.50 | 20.00 | — | — | — | |||||
| 1.30 | 0.05 | 3.30 | 22.50 | — | — | — | |||||
| 3.00 | 0.00 | 0.00 | 25.00 | — | — | — | |||||
| 1.94 | 0.00 | 0.00 | 30.00 | — | — | — | |||||
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 March 19, 2027 expiration, the FWRD put/call ratio based on open interest is 0.02 (11 puts vs 732 calls), and 0.23 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 March 19, 2027 is about 83.7%, 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.