AMERICAN ELECTRIC POWER CO INC (AEP) Options Statistics & Positioning

AMERICAN ELECTRIC POWER CO INC (AEP) options trade at a 30-day at-the-money implied volatility of 21.8%, an IV rank of 59 out of 100 over the past year. The options market prices a ±$6.97 (±5.7%) move in AEP for the front expiration. Max pain sits at $125 and the put/call open interest ratio is 0.52. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$121.93

52-week range

$106.42 – $138.58

ATM IV (30d)

21.8%

IV rank

59 / 100

Moderate

Expected move

±$6.97 (±5.7%)

Put/call OI

0.52

Call-heavy

Max pain

$125

↑ 2.5% above close

Next earnings

Oct 29, 2026

Most Active AEP Contracts

Contract	Expiration	DTE	Last	IV	Volume
AEP $130 call	Sep 18, 2026	25d	$0.40	21.0%	1,768
AEP $130 call	Nov 20, 2026	88d	$2.00	20.9%	1,195
AEP $125 call	Oct 16, 2026	53d	$2.75	22.2%	907
AEP $145 call	Sep 18, 2026	25d	$0.05	32.8%	503
AEP $110 put	Sep 18, 2026	25d	$0.30	27.1%	411

See all active AEP contracts →

Explore AEP Options Statistics

AEP Implied Volatility

21.8% ATM IV (30d)

An IV rank of 59 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

AEP Open Interest

0.52 put/call OI ratio

27,896 calls and 14,393 puts outstanding across all expirations.

Full open interest analysis →

AEP Max Pain

$125 max pain

2.5% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

AEP Gamma Exposure

-$26.85M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

AEP Options Volume

6,708 contracts traded

Put/call volume ratio 0.19 — plus contracts running far above their usual volume.

Full volume & flow analysis →

AEP Most Active Options

$130 top volume strike

The 25 most actively traded AEP contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

AEP's next expected earnings date is Oct 29, 2026. Options currently price a ±$6.97 (±5.7%) move for the front expiration.

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AEP Options FAQ

When is AEP's next earnings date?

AEP's next expected earnings date is Oct 29, 2026. Options currently price a ±$6.97 (±5.7%) move for the front expiration.

How often is AEP options data on this page updated?

All AEP statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see AEP max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated AEP pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.