Icahn Enterprises L.P. (IEP) Options Chain

NASDAQ: IEPEnergyIntegrated oil CompaniesUSD

6.56-0.08 (-1.20%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $6.56
Put/call ratio (OI): 0.09
Put/call ratio (volume): 0.02
ATM implied volatility: 62.4%
Expected move: ±$1.36
Open interest (C / P): 9.09K / 855

IEP options summary

The IEP options chain for the November 20, 2026 expiration lists 10 call and 2 put contracts, with 40 days until expiration. Open interest stands at 9,094 calls and 855 puts, a put/call ratio of 0.09, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.00 strike is 62.4%, which implies the market expects a move of about ±$1.36 (20.7%) in Icahn Enterprises L.P. stock by expiration.

The most open interest sits at the $14.00 call (5.71K contracts) and the $6.00 put (711 contracts).

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

IEP options chain · November 20, 2026

IEP 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
0	—	95.3%	2.93	2.00	3.20	4.00	—	—	—	—	—	—
33	4	95.5%	0.75	0.15	1.10	6.00	0.10	0.20	0.18	51.0%	3	711
IEP $6.56
719	76	42.6%	0.17	0.15	0.20	7.00	0.80	1.15	0.90	82.2%	10	144
1,881	317	56.6%	0.10	0.05	0.15	8.00	—	—	—	—	—	—
234	37	95.3%	0.05	0.05	0.35	9.00	—	—	—	—	—	—
490	3	104.7%	0.06	0.05	0.25	10.00	—	—	—	—	—	—
18	5	114.1%	0.05	0.05	0.20	11.00	—	—	—	—	—	—
9	8	120.7%	0.05	0.00	0.20	12.00	—	—	—	—	—	—
1	1	144.9%	0.05	0.00	0.30	13.00	—	—	—	—	—	—
5,709	92	134.4%	0.05	0.05	0.10	14.00	—	—	—	—	—	—

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 IEP put/call ratio?

For the November 20, 2026 expiration, the IEP put/call ratio based on open interest is 0.09 (855 puts vs 9,094 calls), and 0.02 based on today's volume. A ratio above 1 means more puts than calls.

What is IEP's implied volatility?

At-the-money implied volatility for IEP options expiring November 20, 2026 is about 62.4%, an annualized estimate of how much the market expects Icahn Enterprises L.P. stock to move.

How many IEP option expiration dates are there?

IEP has 7 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.