PLUG POWER INC (PLUG) Open Interest

PLUG POWER INC (PLUG) has 653,641 call contracts and 183,806 put contracts open across all listed expirations — a put/call open interest ratio of 0.28. Open interest counts the contracts currently outstanding at each strike. This page shows where PLUG positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

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

Last close
$2.25
52-week range
$1.39 – $4.17
ATM IV (30d)
99.1%
IV rank
56 / 100
Moderate
Expected move
±$0.69 (±30.7%)
Put/call OI
0.28
Call-heavy
Max pain
$2.5
↑ 11.4% above close
Next earnings
Aug 9, 2026

PLUG Open Interest by Strike

046K92K137.9KSpotMax painCall wallPut wall22.503

PLUG open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest653,641
Total put open interest183,806
Put/call OI ratio0.28
Open interest rank (31 day)64 / 100
Call wall (largest call OI)$3
Put wall (largest put OI)$2
Top volume strike$2.5
Volume / OI ratio0.89

PLUG Open Interest Trend

50.5K280.3K510.2K740K969.8KCall OIPut OIFeb '26May '26Jul '26

PLUG total call vs. put open interest, past year.

0.200.220.240.270.29Feb '26May '26Jul '26

PLUG put/call open interest ratio, past year.

A put/call open interest ratio of 0.28 means meaningfully more calls than puts are outstanding — a call-heavy, typically bullish positioning profile. In total, 653,641 call contracts and 183,806 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.25 in Feb '26 to 0.28 today.

Explore the payoff profile of option on PLUG for free

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

PLUG Options FAQ

What is PLUG's put/call ratio?

PLUG's put/call open interest ratio is 0.28 as of Jul 10, 2026, with 183,806 put contracts and 653,641 call contracts outstanding.

Which PLUG strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $3 (the call wall) and the largest put open interest sits at $2 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is PLUG open interest unusually high right now?

PLUG's total open interest ranks 64 out of 100 versus the past 31 trading days as of Jul 10, 2026 — in the middle of its recent range.

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.