Fermi Inc. (FRMI) Options Statistics & Positioning

Fermi Inc. (FRMI) options trade at a 30-day at-the-money implied volatility of 91.0%, an IV rank of 47 out of 100 over the past year. The options market prices a ±$0.61 (±17.8%) move in FRMI for the front expiration. Max pain sits at $5 and the put/call open interest ratio is 0.36. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$3.44

52-week range

$3.44 – $30.08

ATM IV (30d)

91.0%

IV rank

47 / 100

Moderate

Expected move

±$0.61 (±17.8%)

Put/call OI

0.36

Call-heavy

Max pain

↑ 45.6% above close

What's FRMI's IV rank right now?Where's the max pain for FRMI?Explain what gamma exposure means for FRMI.

Most Active FRMI Contracts

Contract	Expiration	DTE	Last	IV	Volume
FRMI $6 call	Oct 30, 2026	21d	$0.04	154.3%	2,010
FRMI $22 call	Jan 15, 2027	98d	$0.03	171.6%	1,850
FRMI $15 call	Jan 15, 2027	98d	$0.05	155.3%	1,800
FRMI $5 call	Nov 20, 2026	42d	$0.16	115.2%	1,320
FRMI $10 call	Feb 19, 2027	133d	$0.15	118.3%	1,005

See all active FRMI contracts →

Explore FRMI Options Statistics

FRMI Implied Volatility

91.0% ATM IV (30d)

An IV rank of 47 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

FRMI Open Interest

0.36 put/call OI ratio

554,456 calls and 199,529 puts outstanding across all expirations.

Full open interest analysis →

FRMI Max Pain

$5 max pain

45.6% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

FRMI Gamma Exposure

$9.62M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

FRMI Options Volume

20,098 contracts traded

Put/call volume ratio 0.15 — plus contracts running far above their usual volume.

Full volume & flow analysis →

FRMI Most Active Options

$5 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.