Enphase Energy, Inc. (ENPH) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
Enphase Energy, Inc. (ENPH) operates in the Energy sector, specifically the Solar industry, with a market capitalization near $5.54B, listed on NASDAQ, employing roughly 2,781 people, carrying a beta of 1.25 to the broader market. Enphase Energy, Inc. Led by Badrinarayanan Kothandaraman, public since 2012-03-30.
Snapshot as of May 15, 2026.
- Spot Price
- $53.34
- Total OI
- 414.4K
- Total Volume
- 119.4K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 96.2%
- Avg Bid/Ask Spread
- 31.37%
As of May 15, 2026, Enphase Energy, Inc. (ENPH) has 414.4K open contracts and 119.4K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 96.2%. Average bid/ask spread across the chain is 31.37%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How ENPH options chain Data Feeds Strategy Selection
Strategy selection on Enphase Energy, Inc. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 96.2% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
ENPH most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $50.00 | Jun 18, 2026 | 6.5K | 26.3K | 92.6% | $7.65 | $7.80 |
| CALL | $55.00 | Jun 18, 2026 | 5.2K | 7.3K | 94.6% | $5.45 | $5.65 |
| CALL | $60.00 | Jun 18, 2026 | 5.1K | 7.6K | 97.2% | $3.85 | $4.10 |
| CALL | $55.00 | May 22, 2026 | 4.5K | 436 | 111.5% | $2.42 | $2.80 |
| CALL | $65.00 | Sep 18, 2026 | 3.2K | 489 | 91.0% | $7.60 | $7.90 |
| CALL | $50.00 | May 22, 2026 | 2.1K | 1.0K | 102.8% | $4.70 | $5.30 |
| PUT | $45.00 | Jul 17, 2026 | 2.0K | 194 | 87.2% | $3.45 | $3.55 |
| CALL | $55.00 | Jul 17, 2026 | 1.7K | 214 | 90.4% | $7.30 | $7.60 |
| CALL | $180.00 | Jan 15, 2027 | 1.2K | 6.0K | 85.3% | $1.02 | $1.18 |
Top 9 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked ENPH options chain questions
- What does the ENPH options chain show right now?
- As of May 15, 2026, Enphase Energy, Inc. (ENPH) has 414.4K contracts outstanding and 119.4K traded today, with ATM IV of 96.2%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for ENPH options?
- The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are ENPH options bid/ask spreads?
- Average bid/ask spread across the chain is 31.37%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.