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 17.6%, an IV rank of 46 out of 100 over the past year. The options market prices a ±$3.30 (±2.4%) move in AEP for the front expiration. Max pain sits at $120 and the put/call open interest ratio is 0.49. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$135.80

52-week range

$104.35 – $138.75

ATM IV (30d)

17.6%

IV rank

46 / 100

Moderate

Expected move

±$3.30 (±2.4%)

Put/call OI

0.49

Call-heavy

Max pain

$120

↓ 11.6% below close

Next earnings

Jul 28, 2026

Most Active AEP Contracts

Contract	Expiration	DTE	Last	IV	Volume
AEP $140 call	Jul 17, 2026	7d	$0.15	18.4%	101
AEP $135 call	Jul 17, 2026	7d	$1.47	17.6%	52
AEP $130 call	Aug 21, 2026	42d	$7.50	23.2%	48
AEP $145 call	Jul 17, 2026	7d	$0.04	25.1%	42
AEP $135 call	Sep 18, 2026	70d	$5.30	21.7%	28

See all active AEP contracts →

Explore AEP Options Statistics

AEP Implied Volatility

17.6% ATM IV (30d)

An IV rank of 46 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

AEP Open Interest

0.49 put/call OI ratio

35,582 calls and 17,384 puts outstanding across all expirations.

Full open interest analysis →

AEP Max Pain

$120 max pain

11.6% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

AEP Gamma Exposure

$1.19B net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

AEP Options Volume

454 contracts traded

Put/call volume ratio 0.11 — plus contracts running far above their usual volume.

Full volume & flow analysis →

AEP Most Active Options

$140 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 Jul 28, 2026. Options currently price a ±$3.30 (±2.4%) 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 Jul 28, 2026. Options currently price a ±$3.30 (±2.4%) 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.