Talen Energy (TLN) Options Chain

NASDAQ: TLNUtilitiesElectric Utilities: CentralUSD

378.57+19.35 (+5.39%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $378.57
Put/call ratio (OI): 0.77
Put/call ratio (volume): 0.31
ATM implied volatility: 70.7%
Expected move: ±$31.33
Open interest (C / P): 14.38K / 11.06K

TLN options summary

The TLN options chain for the October 16, 2026 expiration lists 59 call and 71 put contracts, with 5 days until expiration. Open interest stands at 14,378 calls and 11,056 puts, a put/call ratio of 0.77, which is fairly balanced between calls and puts. At-the-money implied volatility near the $380.00 strike is 70.7%, which implies the market expects a move of about ±$31.33 (8.3%) in Talen Energy stock by expiration.

The most open interest sits at the $410.00 call (3.04K contracts) and the $360.00 put (2.09K contracts).

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

TLN options chain · October 16, 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
—	—	—	—	—	—	160.00	0.00	4.80	3.11	401.1%	—	1
—	—	—	—	—	—	165.00	0.00	0.00	0.55	50.0%	1	0
0	—	—	168.00	0.00	0.00	170.00	0.00	4.60	0.80	372.6%	1	1
—	—	—	—	—	—	180.00	0.00	0.00	0.80	50.0%	2	0
—	—	—	—	—	—	185.00	0.00	4.30	0.75	333.1%	1	3
—	—	—	—	—	—	190.00	0.00	1.30	1.60	261.5%	2	3
—	—	—	—	—	—	195.00	0.00	0.00	0.90	50.0%	2	0
0	1	—	145.00	0.00	0.00	200.00	0.00	4.30	0.48	301.2%	2	13
2	2	—	212.30	95.30	102.50	210.00	0.00	4.30	1.22	281.1%	1	245
1	—	—	149.80	86.80	93.30	220.00	0.00	4.30	1.23	262.1%	1	29
—	—	—	—	—	—	225.00	0.00	4.30	0.27	252.8%	26	27
5	1	278.0%	81.50	144.00	152.40	230.00	0.00	4.30	0.37	243.7%	6	56
—	—	—	—	—	—	235.00	0.00	4.30	0.77	234.8%	19	14
24	1	261.8%	72.50	134.30	142.60	240.00	0.00	1.45	0.60	184.3%	23	55
—	—	—	—	—	—	245.00	0.00	4.30	0.67	217.5%	1	11
83	5	245.9%	50.03	124.10	132.80	250.00	0.00	4.20	0.46	208.0%	3	334
—	—	—	—	—	—	255.00	0.00	4.30	0.90	200.8%	1	20
67	8	—	154.30	51.90	59.00	260.00	0.00	0.05	0.05	102.3%	9	260
—	—	—	—	—	—	265.00	0.00	0.20	1.60	112.5%	10	5
17	1	188.5%	106.28	104.70	111.40	270.00	0.00	1.75	0.05	147.1%	102	181
0	1	184.4%	103.78	102.20	108.90	272.50	0.00	1.50	0.12	139.8%	10	5
—	—	—	—	—	—	275.00	0.00	4.30	0.22	168.8%	4	375
—	—	—	—	—	—	277.50	0.00	4.30	0.23	165.0%	2	2
17	5	181.1%	23.40	94.20	102.00	280.00	0.00	1.50	2.15	129.9%	1	278
—	—	—	—	—	—	285.00	0.00	1.50	0.98	123.4%	1	1,011
1	—	161.7%	16.38	87.30	94.00	287.50	0.00	3.60	3.50	143.7%	1	4
51	1	156.3%	84.85	84.50	91.40	290.00	0.05	0.50	0.27	99.2%	2	196
—	—	—	—	—	—	292.50	0.00	3.70	3.20	137.3%	1	3
—	—	—	—	—	—	295.00	0.00	1.05	0.25	103.8%	28	32
1	—	148.7%	17.10	77.30	84.20	297.50	0.10	0.85	0.30	99.1%	11	19
263	2	143.4%	36.00	74.50	81.60	300.00	0.00	1.30	0.80	101.7%	1	393
5	1	139.5%	23.12	72.40	79.10	302.50	0.00	0.80	1.63	90.6%	1	5
9	8	74.2%	16.20	70.00	77.40	305.00	0.00	1.10	0.17	92.7%	2	1,021
34	35	67.6%	15.64	67.20	75.10	307.50	0.00	1.25	6.66	91.9%	—	11
305	1	129.1%	53.32	64.70	71.70	310.00	0.00	0.65	0.66	79.3%	1	1,312
33	—	128.7%	21.75	62.60	69.50	312.50	—	—	1.10	—	—	—
36	2	127.0%	20.50	59.70	67.20	315.00	0.35	0.80	0.50	81.6%	14	1,008
168	2	106.8%	16.75	57.70	63.30	317.50	0.40	1.05	6.00	82.3%	1	2
193	1	113.7%	56.40	55.00	61.70	320.00	0.50	1.05	0.85	80.4%	1	1,045
556	1	80.8%	47.43	50.70	58.70	325.00	0.05	2.85	8.90	85.7%	4	10
—	—	—	—	—	—	327.50	—	—	1.98	—	—	—
472	27	63.2%	34.00	47.10	51.10	330.00	0.05	2.80	1.20	78.7%	1	204
12	1	66.5%	43.40	41.20	48.00	335.00	1.15	2.95	1.89	79.7%	2	26
—	—	—	—	—	—	337.50	—	—	3.13	—	—	—
525	1	63.6%	36.70	36.50	43.20	340.00	1.80	3.60	2.48	79.1%	11	172
—	—	—	25.00	—	—	345.00	—	—	4.90	—	—	—
513	10	70.0%	32.52	28.90	35.10	350.00	1.40	6.20	4.00	72.8%	25	230
9	1	64.8%	18.32	24.70	30.10	355.00	—	—	11.22	—	—	—
257	10	66.4%	22.70	21.10	26.80	360.00	5.50	8.10	7.05	75.2%	9	2,091
13	1	61.2%	16.10	17.30	22.00	365.00	—	—	17.88	—	—	—
—	—	—	13.56	—	—	367.50	—	—	9.10	—	—	—
1,641	6	60.1%	17.70	13.80	18.80	370.00	8.70	11.40	11.33	72.7%	4	73
—	—	—	—	—	—	372.50	—	—	15.82	—	—	—
—	—	—	8.60	—	—	375.00	—	—	20.00	—	—	—
TLN $378.57
2,066	752	67.0%	11.80	11.60	13.00	380.00	13.20	17.10	17.10	74.4%	13	23
—	—	—	11.80	—	—	382.50	—	—	—	—	—	—
273	15	69.5%	7.00	7.60	9.80	390.00	18.50	22.80	22.23	72.3%	2	12
684	13	63.1%	4.00	3.60	5.70	400.00	24.50	30.10	41.05	70.7%	1	220
3,042	5	60.8%	1.85	1.60	3.30	410.00	32.20	38.50	110.04	72.2%	1	0
99	1	59.6%	1.00	0.10	2.35	420.00	0.00	0.00	106.80	—	5	0
568	176	60.8%	1.10	0.25	1.10	430.00	49.00	57.00	123.77	73.8%	1	0
344	4	78.2%	0.95	0.00	2.40	440.00	0.00	0.00	88.20	—	2	0
423	1	99.2%	1.99	0.00	4.20	450.00	142.40	148.20	69.90	509.3%	—	12
781	2	108.8%	0.20	0.00	4.30	460.00	77.80	85.80	153.20	76.9%	1	0
364	3	117.5%	0.15	0.00	4.30	470.00	160.70	168.00	89.05	531.9%	—	1
63	1	125.9%	0.30	0.00	4.30	480.00	169.70	179.00	105.60	544.8%	—	0
0	12	50.0%	1.85	0.00	0.00	490.00	179.80	189.00	110.00	557.5%	—	0
132	35	141.7%	0.20	0.00	4.30	500.00	0.00	0.00	143.60	—	2	0
47	8	92.6%	0.10	0.00	0.20	510.00	0.00	0.00	187.60	—	—	0
17	2	156.5%	0.05	0.00	4.30	520.00	205.50	209.60	201.10	556.8%	—	1
0	10	50.0%	1.65	0.00	0.00	530.00	—	—	—	—	—	—
0	6	50.0%	1.00	0.00	0.00	540.00	—	—	—	—	—	—
13	2	178.7%	7.80	0.00	4.50	550.00	239.70	249.00	174.90	623.4%	—	1
0	2	50.0%	1.20	0.00	0.00	560.00	249.70	259.00	184.30	633.2%	—	0
95	24	197.7%	4.60	0.00	4.50	580.00	—	—	—	—	—	—
0	1	50.0%	0.60	0.00	0.00	600.00	—	—	—	—	—	—
0	1	50.0%	0.85	0.00	0.00	620.00	—	—	—	—	—	—
54	11	147.3%	0.05	0.00	0.15	640.00	—	—	—	—	—	—

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 16, 2026 expiration, the TLN put/call ratio based on open interest is 0.77 (11,056 puts vs 14,378 calls), and 0.31 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 16, 2026 is about 70.7%, an annualized estimate of how much the market expects Talen Energy stock to move.

How many TLN option expiration dates are there?

TLN has 15 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.