Ring Energy (REI) Options Chain

NYSE: REIEnergyOil & Gas ProductionUSD

1.31-0.04 (-2.96%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $1.31
Put/call ratio (OI): 0.01
Put/call ratio (volume): 1.00
ATM implied volatility: 81.6%
Expected move: ±$0.4616
Open interest (C / P): 43.01K / 289

REI options summary

The REI options chain for the December 18, 2026 expiration lists 6 call and 4 put contracts, with 68 days until expiration. Open interest stands at 43,006 calls and 289 puts, a put/call ratio of 0.01, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $1.50 strike is 81.6%, which implies the market expects a move of about ±$0.4616 (35.2%) in Ring Energy stock by expiration.

The most open interest sits at the $1.50 call (21.37K contracts) and the $1.00 put (159 contracts).

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

REI options chain · December 18, 2026

REI 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	2	—	0.80	0.00	0.00	0.50	0.00	0.05	0.02	168.8%	1	1
525	3	90.6%	0.35	0.25	0.50	1.00	0.00	0.10	0.01	80.5%	50	159
REI $1.31
21,370	20	62.5%	0.06	0.05	0.10	1.50	0.10	0.35	0.20	100.8%	1	127
20,694	10	76.6%	0.03	0.00	0.05	2.00	0.50	0.85	0.50	150.0%	1	2
322	18	142.2%	0.02	0.00	0.10	3.00	—	—	—	—	—	—
95	—	150.0%	0.02	0.00	0.05	4.00	—	—	—	—	—	—

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 REI put/call ratio?

For the December 18, 2026 expiration, the REI put/call ratio based on open interest is 0.01 (289 puts vs 43,006 calls), and 1.00 based on today's volume. A ratio above 1 means more puts than calls.

What is REI's implied volatility?

At-the-money implied volatility for REI options expiring December 18, 2026 is about 81.6%, an annualized estimate of how much the market expects Ring Energy stock to move.

How many REI option expiration dates are there?

REI 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.