Fermi Inc. (FRMI) Most Active Options

The 25 most actively traded Fermi Inc. (FRMI) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

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

Last close
$5.62
52-week range
$4.78 – $33.10
ATM IV (30d)
96.1%
IV rank
23 / 100
Low
Expected move
±$1.41 (±25.1%)
Put/call OI
0.33
Call-heavy
Max pain
$6.5
↑ 15.8% above close

Most Active FRMI Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
FRMI $4.5 put Sep 11, 2026 18d $0.06 6 220 16,017 81.1× avg
FRMI $6.5 call Aug 28, 2026 4d $0.05 0 2,460 1,648 2.3× avg
FRMI $6 call Aug 28, 2026 4d $0.15 112.8% 18 0.31 1,706 1,564 1.4× avg
FRMI $5.5 call Aug 28, 2026 4d $0.28 2 1,600 1,429 4.9× avg
FRMI $5.5 put Aug 28, 2026 4d $0.20 5 1,370 1,097 5.3× avg
FRMI $1.5 call Aug 28, 2026 4d $4.10 100 8 1,007 8.4× avg
FRMI $7 call Sep 11, 2026 18d $0.15 4 102 1,003 3.9× avg
FRMI $1 call Aug 28, 2026 4d $4.60 100 41 1,002 8.4× avg
FRMI $7 call Aug 28, 2026 4d $0.03 0.0% 0 1.00 2,365 890 0.5× avg
FRMI $7 call Dec 15, 2028 844d $3.05 37 1,349 829 3.7× avg
FRMI $7.5 call Jan 15, 2027 144d $1.03 115.1% 79 0.49 6,758 823 3.3× avg
FRMI $4 put Jan 15, 2027 144d $0.61 8 9,902 802 11.7× avg
FRMI $5 call Dec 15, 2028 844d $3.60 51 103 791 19.7× avg
FRMI $5 put Oct 16, 2026 53d $0.50 17 365 707 28.9× avg
FRMI $6 put Sep 25, 2026 32d $0.90 0 82 609 10.9× avg
FRMI $5 put Aug 28, 2026 4d $0.05 2 5,464 539 2.6× avg
FRMI $6 call Sep 18, 2026 25d $0.50 7 3,490 519 1.6× avg
FRMI $15 call Nov 20, 2026 88d $0.20 55 48,179 486 4.4× avg
FRMI $7.5 call Oct 2, 2026 39d $0.30 151 420
FRMI $5.5 call Oct 2, 2026 39d $0.78 22 55 414 3.5× avg
FRMI $6 put Sep 18, 2026 25d $0.85 2 3,291 387 8.4× avg
FRMI $14 put Aug 28, 2026 4d $8.40 0 363
FRMI $15 put Aug 28, 2026 4d $9.40 72 0 362 131.0× avg
FRMI $8 call Oct 16, 2026 53d $0.31 20 4,182 358 1.0× avg
FRMI $6 call Oct 16, 2026 53d $0.70 12 1,176 352 2.2× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active FRMI contract today is the $4.5 put expiring in 18 days, with 16,017 contracts traded. Calls dominate the most-active list (16 of the top 25), showing where trading interest concentrates. 12 of these contracts are running well ahead of the usual daily volume.

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FRMI Options FAQ

Which FRMI option contract is most active today?

The most traded FRMI contract is the $4.5 put expiring Sep 11, 2026, with 16,017 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active FRMI options?

The table lists the 25 FRMI contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.