Frontier Group (ULCC) Options Chain
NASDAQ: ULCCConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $5.86
- Put/call ratio (OI)
- 0.31
- Put/call ratio (volume)
- 0.09
- Expected move
- ±$1.50
- Open interest (C / P)
- 350 / 109
ULCC options summary
The ULCC options chain for the November 20, 2026 expiration lists 5 call and 3 put contracts, with 40 days until expiration. Open interest stands at 350 calls and 109 puts, a put/call ratio of 0.31, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $6.00 strike is 77.2%, which implies the market expects a move of about ±$1.50 (25.5%) in Frontier Group stock by expiration.
The most open interest sits at the $7.00 call (154 contracts) and the $5.00 put (54 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
ULCC options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 4.00 | 0.00 | 0.10 | 0.08 | |||||
| 1.40 | 0.85 | 1.40 | 5.00 | 0.20 | 0.30 | 0.25 | |||||
| 0.75 | 0.50 | 0.65 | 6.00 | 0.60 | 0.70 | 0.65 | |||||
| 0.25 | 0.15 | 0.30 | 7.00 | — | — | — | |||||
| 0.20 | 0.05 | 0.30 | 8.00 | — | — | — | |||||
| 0.30 | 0.00 | 0.25 | 9.00 | — | — | — | |||||
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 ULCC put/call ratio?
For the November 20, 2026 expiration, the ULCC put/call ratio based on open interest is 0.31 (109 puts vs 350 calls), and 0.09 based on today's volume. A ratio above 1 means more puts than calls.
What is ULCC's implied volatility?
At-the-money implied volatility for ULCC options expiring November 20, 2026 is about 77.2%, an annualized estimate of how much the market expects Frontier Group stock to move.
How many ULCC option expiration dates are there?
ULCC has 5 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.
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.