FreightCar America (RAIL) Options Chain
NASDAQ: RAILIndustrialsRailroadsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $6.25
- Put/call ratio (OI)
- 2.08
- Put/call ratio (volume)
- 13.08
- Expected move
- ±$2.27
- Open interest (C / P)
- 959 / 2.00K
RAIL options summary
The RAIL options chain for the December 18, 2026 expiration lists 7 call and 4 put contracts, with 68 days until expiration. Open interest stands at 959 calls and 1,995 puts, a put/call ratio of 2.08, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $5.00 strike is 84.1%, which implies the market expects a move of about ±$2.27 (36.3%) in FreightCar America stock by expiration.
The most open interest sits at the $10.00 call (511 contracts) and the $7.50 put (1.89K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
RAIL options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 5.16 | 0.00 | 0.00 | 2.50 | 0.00 | 0.20 | 0.14 | |||||
| 1.74 | 1.35 | 1.65 | 5.00 | 0.10 | 0.75 | 0.27 | |||||
| 0.40 | 0.15 | 0.65 | 7.50 | 1.15 | 1.90 | 0.93 | |||||
| 0.22 | 0.00 | 0.50 | 10.00 | 3.20 | 4.40 | 3.60 | |||||
| 0.10 | 0.00 | 0.75 | 12.50 | — | — | — | |||||
| 0.60 | 0.00 | 1.70 | 15.00 | — | — | — | |||||
| 0.30 | 0.00 | 0.30 | 17.50 | — | — | — | |||||
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 RAIL put/call ratio?
For the December 18, 2026 expiration, the RAIL put/call ratio based on open interest is 2.08 (1,995 puts vs 959 calls), and 13.08 based on today's volume. A ratio above 1 means more puts than calls.
What is RAIL's implied volatility?
At-the-money implied volatility for RAIL options expiring December 18, 2026 is about 84.1%, an annualized estimate of how much the market expects FreightCar America stock to move.
How many RAIL option expiration dates are there?
RAIL has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.