Talen Energy (TLN) Options Chain

NASDAQ: TLNUtilitiesElectric Utilities: CentralUSD

359.22-19.10 (-5.05%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

After hours: 359.22 0.00%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $359.22
Put/call ratio (OI): 0.54
Put/call ratio (volume): 1.52
ATM implied volatility: 71.9%
Expected move: ±$13.52
Open interest (C / P): 1.82K / 986

TLN options summary

The TLN options chain for the October 9, 2026 expiration lists 36 call and 39 put contracts, with 1 day until expiration. Open interest stands at 1,816 calls and 986 puts, a put/call ratio of 0.54, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $360.00 strike is 71.9%, which implies the market expects a move of about ±$13.52 (3.8%) in Talen Energy stock by expiration.

The most open interest sits at the $350.00 call (647 contracts) and the $295.00 put (158 contracts).

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

TLN options chain · October 9, 2026

TLN 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
2	—	382.1%	79.45	137.60	143.50	220.00	—	—	—	—	—	—
—	—	—	—	—	—	225.00	0.00	4.30	0.65	404.8%	—	1
—	—	—	—	—	—	230.00	0.00	4.30	0.37	388.9%	1	3
—	—	—	—	—	—	235.00	0.00	4.30	0.48	373.1%	1	51
—	—	—	—	—	—	240.00	0.00	4.30	0.79	357.8%	3	16
—	—	—	—	—	—	245.00	0.00	4.30	0.94	342.7%	2	6
6	5	291.2%	126.85	107.40	113.50	250.00	0.00	4.30	1.65	327.8%	1	19
—	—	—	—	—	—	255.00	0.00	4.30	3.80	313.2%	—	3
—	—	—	—	—	—	260.00	0.00	4.30	2.11	298.7%	1	64
—	—	—	—	—	—	265.00	0.00	4.30	0.87	284.5%	4	5
—	—	—	—	—	—	270.00	0.00	4.20	0.70	268.9%	22	29
10	2	237.0%	100.85	83.00	88.50	275.00	0.00	4.30	2.10	256.6%	1	7
2	2	230.5%	98.35	80.50	86.00	277.50	0.00	4.20	2.15	248.2%	1	2
1	1	215.4%	17.80	77.50	83.50	280.00	0.00	4.20	0.51	241.5%	22	75
—	—	—	—	—	—	282.50	0.00	4.30	1.52	236.0%	1	1
—	—	—	—	—	—	285.00	0.00	4.20	0.32	227.9%	1	10
—	—	—	—	—	—	287.50	0.00	4.20	0.37	221.2%	1	2
2	2	197.0%	17.02	67.90	73.50	290.00	0.00	4.20	0.40	214.5%	1	35
1	1	172.1%	17.25	64.30	71.00	292.50	0.00	4.20	0.49	207.9%	2	17
3	2	187.3%	16.10	63.10	68.50	295.00	0.00	4.20	0.05	201.2%	5	158
—	—	—	—	—	—	297.50	0.00	4.20	0.10	194.6%	11	70
13	1	172.0%	23.00	57.90	63.50	300.00	0.00	4.20	2.45	188.0%	2	16
4	4	165.8%	18.71	55.40	61.00	302.50	0.00	1.50	0.20	142.4%	2	136
18	1	162.2%	25.87	53.00	58.60	305.00	0.00	1.65	0.15	139.6%	9	24
6	4	157.2%	15.14	50.60	56.10	307.50	0.00	1.50	1.54	131.3%	1	68
10	1	153.4%	19.93	47.90	54.00	310.00	0.05	0.15	0.50	89.5%	5	90
3	1	147.0%	13.65	45.80	51.10	312.50	0.00	1.50	6.70	120.2%	2	3
5	2	140.7%	15.44	42.90	49.00	315.00	0.00	1.50	0.33	114.7%	1	8
14	—	131.1%	7.50	39.80	46.80	317.50	—	—	—	—	—	—
50	7	131.2%	59.68	38.20	44.00	320.00	0.00	0.35	0.40	78.7%	11	17
11	1	123.7%	52.40	35.60	41.50	322.50	0.00	1.50	11.33	98.1%	1	1
9	1	122.0%	51.30	33.60	39.00	325.00	0.00	1.50	1.35	92.6%	1	8
6	6	109.9%	4.90	30.30	36.70	327.50	—	—	—	—	—	—
285	12	112.1%	47.73	29.00	34.00	330.00	0.05	3.80	6.00	106.1%	2	4
11	1	98.7%	44.70	25.60	31.60	332.50	—	—	—	—	—	—
20	1	98.4%	28.86	23.10	29.90	335.00	0.05	1.90	0.91	75.3%	5	1
11	5	93.4%	26.15	19.30	25.00	340.00	0.05	4.20	37.00	82.3%	1	1
51	2	86.6%	23.75	16.60	22.80	342.50	—	—	—	—	—	—
18	1	75.8%	7.70	14.40	19.50	345.00	0.35	4.30	1.69	70.7%	5	24
647	1	77.0%	14.60	11.00	16.00	350.00	1.25	4.90	3.50	64.0%	1	3
20	10	77.6%	1.45	8.90	15.00	352.50	—	—	—	—	—	—
490	1	77.0%	10.90	7.80	13.00	355.00	2.20	7.60	2.90	64.5%	9	8
TLN $359.22
6	5	71.9%	15.65	4.50	10.00	360.00	—	—	—	—	—	—
7	4	73.5%	6.24	3.30	7.30	365.00	—	—	—	—	—	—
3	3	73.5%	10.15	1.00	5.00	372.50	—	—	—	—	—	—
13	1	62.4%	2.25	0.05	1.80	380.00	—	—	—	—	—	—
36	1	77.9%	1.93	0.05	2.35	385.00	—	—	—	—	—	—
20	1	83.2%	1.47	0.05	1.90	390.00	26.90	32.70	77.30	101.0%	2	0
—	—	—	—	—	—	395.00	31.70	37.00	96.39	98.0%	—	0
—	—	—	—	—	—	400.00	36.60	42.20	78.70	111.6%	—	0
2	—	227.5%	0.55	0.00	4.30	460.00	—	—	—	—	—	—

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 TLN put/call ratio?

For the October 9, 2026 expiration, the TLN put/call ratio based on open interest is 0.54 (986 puts vs 1,816 calls), and 1.52 based on today's volume. A ratio above 1 means more puts than calls.

What is TLN's implied volatility?

At-the-money implied volatility for TLN options expiring October 9, 2026 is about 71.9%, an annualized estimate of how much the market expects Talen Energy stock to move.

How many TLN option expiration dates are there?

TLN has 16 listed expiration dates, from Oct 9, 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.