Frontier Group Holdings, Inc. (ULCC) Most Active Options

The 14 most actively traded Frontier Group Holdings, Inc. (ULCC) 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
$5.81
52-week range
$3.11 – $8.00
ATM IV (30d)
94.6%
IV rank
44 / 100
Moderate
Expected move
±$1.44 (±24.7%)
Put/call OI
2.52
Put-heavy
Max pain
$5
↓ 13.9% below close
Next earnings
Nov 1, 2026

Most Active ULCC Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
ULCC $7 call Oct 16, 2026 53d $0.33 76 225 109 19.4× avg
ULCC $6 call Sep 18, 2026 25d $0.40 0 33 88 0.5× avg
ULCC $3 put Oct 16, 2026 53d $0.09 30 1,191 75 14.6× avg
ULCC $5 put Jan 15, 2027 144d $0.67 79.2% 0 -0.28 220 26 7.8× avg
ULCC $5 put Sep 18, 2026 25d $0.16 0 272 12 0.1× avg
ULCC $7 call Sep 18, 2026 25d $0.30 0.0% 0 1.00 81 10 3.2× avg
ULCC $8 call Jan 15, 2027 144d $0.54 0 369 7 1.0× avg
ULCC $6 call Oct 16, 2026 53d $0.73 21 808 5 0.1× avg
ULCC $6 put Sep 18, 2026 25d $0.54 0.0% 0 1.00 191 2 0.2× avg
ULCC $8 put Sep 18, 2026 25d $2.20 478.7% 100 0.64 85 2 4.0× avg
ULCC $5 put Oct 16, 2026 53d $0.27 73.3% 33 -0.25 1,161 2 0.2× avg
ULCC $6 put Oct 16, 2026 53d $0.72 58 190 2 0.2× avg
ULCC $6 call Jan 15, 2027 144d $1.12 23 1
ULCC $10 call Sep 18, 2026 25d $0.05 0.0% 0 1.00 3 1 0.9× 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 ULCC contract today is the $7 call expiring in 53 days, with 109 contracts traded.

Explore the payoff profile of option on ULCC for free

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

ULCC Options FAQ

Which ULCC option contract is most active today?

The most traded ULCC contract is the $7 call expiring Oct 16, 2026, with 109 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active ULCC options?

The table lists the 14 ULCC 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.