Fermi Inc. (FRMI) Options Statistics & Positioning

Fermi Inc. (FRMI) options trade at a 30-day at-the-money implied volatility of 141.4%, an IV rank of 26 out of 100 over the past year. The options market prices a ±$2.23 (±33.9%) move in FRMI for the front expiration. Max pain sits at $7 and the put/call open interest ratio is 0.29. 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

$6.58

52-week range

$4.76 – $33.10

ATM IV (30d)

141.4%

IV rank

26 / 100

Low

Expected move

±$2.23 (±33.9%)

Put/call OI

0.29

Call-heavy

Max pain

↑ 6.5% above close

Most Active FRMI Contracts

Contract	Expiration	DTE	Last	IV	Volume
FRMI $20 call	Nov 20, 2026	133d	$0.52	149.9%	18,300
FRMI $10 call	Aug 21, 2026	42d	$0.55	166.1%	17,396
FRMI $10 call	Jan 15, 2027	189d	$1.75	136.5%	12,739
FRMI $7 call	Nov 20, 2026	133d	$2.03	138.4%	6,915
FRMI $14 call	Nov 20, 2026	133d	$0.85	143.5%	5,539

See all active FRMI contracts →

Explore FRMI Options Statistics

FRMI Implied Volatility

141.4% ATM IV (30d)

An IV rank of 26 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

FRMI Open Interest

0.29 put/call OI ratio

555,977 calls and 161,856 puts outstanding across all expirations.

Full open interest analysis →

FRMI Max Pain

$7 max pain

6.5% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

FRMI Gamma Exposure

$96.08M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

FRMI Options Volume

167,112 contracts traded

Put/call volume ratio 0.17 — plus contracts running far above their usual volume.

Full volume & flow analysis →

FRMI Most Active Options

$10 top volume strike

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

Full active contracts analysis →

Explore the payoff profile of option on FRMI for free

Build multi-leg FRMI strategies, visualize payoffs, and scan the full US options universe with OptiView.

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FRMI Options FAQ

How often is FRMI options data on this page updated?

All FRMI 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 FRMI max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated FRMI 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.