Futu Holdings Limited (FUTU) 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.
Futu Holdings Limited (FUTU) operates in the Financial Services sector, specifically the Financial - Capital Markets industry, with a market capitalization near $12.50B, listed on NASDAQ, employing roughly 3,343 people, carrying a beta of 0.51 to the broader market. Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. Led by Hua Li, public since 2019-03-08.
Snapshot as of May 22, 2026.
- Spot Price
- $89.29
- Total OI
- 166.4K
- Total Volume
- 251.6K
- Front Expiration
- 27 days
- Second Expiration
- 35 days
- ATM IV
- 77.5%
- Avg Bid/Ask Spread
- 33.72%
As of May 22, 2026, Futu Holdings Limited (FUTU) has 166.4K open contracts and 251.6K contracts traded. The nearest expiration is 27 days out, followed by 35 days. ATM implied volatility is 77.5%. Average bid/ask spread across the chain is 33.72%: 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 FUTU options chain Data Feeds Strategy Selection
Strategy selection on Futu Holdings Limited 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 77.5% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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.
How to read the FUTU chain depth
The listed-expirations table above shows every expiration available for Futu Holdings Limited options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. FUTU front expiration sits at 27 days - the typical hedging horizon for monthly options. The backwardated slope of -0.030 means near-dated IV is pricing acute event risk.
FUTU chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the FUTU chain is 33.72% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the FUTU chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. FUTU's current 22.22% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
FUTU listed expirations
Per-expiration ATM implied volatility for FUTU options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| May 29, 2026 | 7 | 104.2% |
| Jun 5, 2026 | 14 | 90.0% |
| Jun 12, 2026 | 21 | 82.7% |
| Jun 18, 2026 | 27 | 78.8% |
| Jun 26, 2026 | 35 | 75.8% |
| Jul 2, 2026 | 41 | 75.7% |
| Jul 17, 2026 | 56 | 69.2% |
| Aug 21, 2026 | 91 | 67.1% |
| Sep 18, 2026 | 119 | 66.1% |
| Nov 20, 2026 | 182 | 64.7% |
| Jan 15, 2027 | 238 | 62.5% |
| Jan 21, 2028 | 609 | 59.6% |
Frequently asked FUTU options chain questions
- What does the FUTU options chain show right now?
- As of May 22, 2026, Futu Holdings Limited (FUTU) has 166.4K contracts outstanding and 251.6K traded today, with ATM IV of 77.5%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for FUTU options?
- The nearest expiration is 27 days out, followed by 35 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are FUTU options bid/ask spreads?
- Average bid/ask spread across the chain is 33.72%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.