What does the FRMI options chain show right now?

As of May 15, 2026, Fermi Inc. Common Stock (FRMI) has 584.3K contracts outstanding and 46.0K traded today, with ATM IV of 126.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for FRMI 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 FRMI options bid/ask spreads?

Average bid/ask spread across the chain is 40.90%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.

Fermi Inc. Common Stock (FRMI) 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.

Fermi Inc. Common Stock (FRMI) operates in the Utilities sector, specifically the Regulated Electric industry, with a market capitalization near $3.83B, listed on NASDAQ, employing roughly 1 people, carrying a beta of 1.51 to the broader market. Fermi, Inc. Led by Toby R. Neugebauer, public since 2025-10-01.

Snapshot as of May 15, 2026.

Spot Price: $6.49
Total OI: 584.3K
Total Volume: 46.0K
Front Expiration: 28 days
Second Expiration: 34 days
ATM IV: 126.4%
Avg Bid/Ask Spread: 40.90%

As of May 15, 2026, Fermi Inc. Common Stock (FRMI) has 584.3K open contracts and 46.0K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 126.4%. Average bid/ask spread across the chain is 40.90%: 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 FRMI options chain Data Feeds Strategy Selection

Strategy selection on Fermi Inc. Common Stock 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 126.4% 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 →

Frequently asked FRMI options chain questions

What does the FRMI options chain show right now?: As of May 15, 2026, Fermi Inc. Common Stock (FRMI) has 584.3K contracts outstanding and 46.0K traded today, with ATM IV of 126.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for FRMI 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 FRMI options bid/ask spreads?: Average bid/ask spread across the chain is 40.90%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.