The Southern Company (SO) 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.
The Southern Company (SO) operates in the Utilities sector, specifically the Regulated Electric industry, with a market capitalization near $105.00B, listed on NYSE, employing roughly 28,314 people, carrying a beta of 0.36 to the broader market. The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. Led by Christopher C. Womack, public since 1981-12-31.
Snapshot as of May 15, 2026.
- Spot Price
- $92.58
- Total OI
- 107.7K
- Total Volume
- 5.0K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 18.4%
- Avg Bid/Ask Spread
- 37.47%
As of May 15, 2026, The Southern Company (SO) has 107.7K open contracts and 5.0K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 18.4%. Average bid/ask spread across the chain is 37.47%: 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 SO options chain Data Feeds Strategy Selection
Strategy selection on The Southern Company 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 18.4% 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 SO options chain questions
- What does the SO options chain show right now?
- As of May 15, 2026, The Southern Company (SO) has 107.7K contracts outstanding and 5.0K traded today, with ATM IV of 18.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for SO 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 SO options bid/ask spreads?
- Average bid/ask spread across the chain is 37.47%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.