Talen Energy Corporation (TLN) 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.
Talen Energy Corporation (TLN) operates in the Utilities sector, specifically the Independent Power Producers industry, with a market capitalization near $16.04B, listed on NASDAQ, employing roughly 1,894 people, carrying a beta of 1.67 to the broader market. Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. Led by Mark Allen McFarland, public since 2023-06-02.
Snapshot as of May 15, 2026.
- Spot Price
- $335.00
- Total OI
- 76.5K
- Total Volume
- 5.6K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 60.3%
- Avg Bid/Ask Spread
- 32.51%
As of May 15, 2026, Talen Energy Corporation (TLN) has 76.5K open contracts and 5.6K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 60.3%. Average bid/ask spread across the chain is 32.51%: 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 TLN options chain Data Feeds Strategy Selection
Strategy selection on Talen Energy Corporation 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 60.3% 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 →
TLN most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $370.00 | Dec 18, 2026 | 1 | 5.2K | 58.4% | $48.00 | $53.70 |
| CALL | $450.00 | Aug 21, 2026 | 505 | 203 | 60.2% | $8.90 | $16.00 |
| PUT | $370.00 | Dec 18, 2026 | 2 | 3.1K | 58.4% | $73.00 | $79.00 |
| PUT | $310.00 | Dec 18, 2026 | 0 | 3.3K | 59.7% | $40.80 | $45.40 |
| PUT | $320.00 | Jun 18, 2026 | 75 | 1.1K | 59.9% | $15.50 | $16.90 |
| CALL | $430.00 | Dec 18, 2026 | 11 | 2.7K | 58.0% | $31.60 | $35.00 |
| PUT | $260.00 | Jan 15, 2027 | 0 | 4.0K | 60.8% | $22.20 | $26.90 |
Top 7 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked TLN options chain questions
- What does the TLN options chain show right now?
- As of May 15, 2026, Talen Energy Corporation (TLN) has 76.5K contracts outstanding and 5.6K traded today, with ATM IV of 60.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for TLN 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 TLN options bid/ask spreads?
- Average bid/ask spread across the chain is 32.51%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.