Options
FER options
Figures as of 6 Oct 2026
The options figures are from the close on 6 Oct 2026.
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.
At a glance
| Figure | Value | Date |
|---|---|---|
| Expected move, from option prices | 40.16 to 56.53 by 20 Nov (down 22.0%, up 9.9%) | 6 Oct |
| Call wall and put wall | 60 and 50 | 6 Oct |
| Last close | 51.46 | 6 Oct |
Options Snapshot
FER's at the money implied volatility is 50.8 percent on 6 Oct 2026.
| Figure | Value |
|---|---|
| IV rank | Not stated, 0 weeks of record |
| At the money IV | 50.8%, near month, 45 days |
| Put/call ratio, open interest | 0.83 |
| Call open interest, strikes captured near the price | 1,510 contracts |
| Put open interest, strikes captured near the price | 1,260 contracts |
| Cost to trade at the money | Wide, 116.4% of the option's mid price |
From the option chain at the close on 6 Oct 2026. Current on every plan.
Open Options Snapshot in RingMasterThe Options Snapshot guide
Expected Move
On 6 Oct 2026, the option prices for FER implied an expected move of 40.16 to 56.53 by 20 Nov 2026. That is 22.0 percent down and 9.9 percent up.
| Expiry | Days | Down | Up | Range |
|---|---|---|---|---|
| 16 Oct 2026 | 10 | 7.7% | 8.3% | 47.51 to 55.75 |
| 20 Nov 2026 | 45 | 22.0% | 9.9% | 40.16 to 56.53 |
| 18 Dec 2026 | 73 | 24.1% | 23.9% | 39.06 to 63.76 |
| 19 Mar 2027 | 164 | 27.6% | 25.3% | 37.26 to 64.46 |
The range is one standard deviation either side of the close of 51.46, as the option prices imply it.
An expected move restates option prices at the close and says nothing certain about where the price goes.
From the option chain at the close on 6 Oct 2026. Current on every plan.
Gamma Map
On 6 Oct 2026, FER's call wall is the 60 strike and its put wall is the 50 strike.
| Figure | Value |
|---|---|
| Call wall, most open call gamma | 60 |
| Put wall, most open put gamma | 50 |
| Zero gamma, where net gamma would change sign | 55.07 |
| Net gamma exposure (GEX), calls minus puts | minus $41,170 |
| Total gamma exposure (GEX), both sides | $225,856 |
| Close | 51.46 |
Gamma exposure (GEX) is dollar gamma, stated for a one percent move in the price.
Net is calls minus puts under the standard convention, not a record of who holds the contracts.
Zero gamma is where calls minus puts gamma would change sign if the price moved there, holding tonight's contracts fixed. It assumes hedgers hold the calls and sold the puts, which the chain cannot show. On our August to October 2026 captures, names below it moved no more than names above it.
From the option chain at the close on 6 Oct 2026. Current on every plan.
Volatility History
On 6 Oct 2026, FER's at the money IV is 50.8 percent against 20 day realized volatility of 25.0 percent.
| Figure | Value |
|---|---|
| At the money IV | 50.8% |
| Realized volatility, 20 trading days | 25.0% |
| Realized volatility, 60 trading days | 23.6% |
Realized volatility is worked out from the daily closes the desk holds, not from the option chain.
From the option chain at the close on 6 Oct 2026. Current on every plan.
Open Volatility History in RingMasterThe Volatility History guide
Volatility Weather
On 6 Oct 2026, FER's at the money IV runs from 52.7 percent at 10 days to 40.1 percent at 164 days.
| Days to expiry | At the money IV |
|---|---|
| 10 | 52.7% |
| 45 | 50.8% |
| 73 | 53.3% |
| 164 | 40.1% |
Near expiries price more volatility than far ones, an inverted term structure.
From the option chain at the close on 6 Oct 2026. Current on every plan.
Open Volatility Weather in RingMasterThe Volatility Weather guide
Volatility Surface
On 6 Oct 2026, FER's surface spans 4 expiries out to 164 days, with IV from 35.1 to 69.0 percent near the price.
| Figure | Value |
|---|---|
| Expiries captured | 4 |
| Nearest expiry | 16 Oct 2026, 10 days |
| Farthest expiry | 19 Mar 2027, 164 days |
| Points within 10% of the price, 7 days out or more | 8 |
| Lowest IV among them | 35.1% |
| Highest IV among them | 69.0% |
From the option chain at the close on 6 Oct 2026. Current on every plan.
Open Volatility Surface in RingMasterThe Volatility Surface guide
Expiry Ladder
On 6 Oct 2026, FER has 4 captured expiries, from 16 Oct 2026 to 19 Mar 2027.
| Expiry | Days | At the money IV | Call open interest | Put open interest |
|---|---|---|---|---|
| 16 Oct 2026 | 10 | 52.7% | 55 | 421 |
| 20 Nov 2026 | 45 | 50.8% | 8 | 14 |
| 18 Dec 2026 | 73 | 53.3% | 263 | 578 |
| 19 Mar 2027 | 164 | 40.1% | 1,186 | 247 |
Open interest is summed over the strikes captured near the price on each expiry.
From the option chain at the close on 6 Oct 2026. Current on every plan.
Strike Table
On 6 Oct 2026, FER's largest open interest sits at the 50 strike, with 631 contracts across the captured expiries.
| Strike | Call open interest | Put open interest | Total |
|---|---|---|---|
| 50 | 170 | 461 | 631 |
| 40 | 590 | 1 | 591 |
| 60 | 455 | 76 | 531 |
| 55 | 208 | 140 | 348 |
| 70 | 18 | 306 | 324 |
| 75 | 25 | 178 | 203 |
From the option chain at the close on 6 Oct 2026. Current on every plan.
Changed Hands
On 6 Oct 2026, 289 FER option contracts traded.
| Figure | Value |
|---|---|
| Calls traded | 240 |
| Puts traded | 49 |
| Open interest, whole chain | 2,919 contracts |
| Volume to open interest | 0.10 |
| Unusual volume flag | No |
Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.
From the option chain at the close on 6 Oct 2026. Current on every plan.
Price Chart
FER closed at 51.46 on 6 Oct 2026.
| Figure | Value |
|---|---|
| Last close | 51.46 |
| Change over 5 trading days | -5.7% |
| Change over 21 trading days | -11.4% |
| Change over 63 trading days | -20.0% |
| Change over 252 trading days | -13.9% |
| 52 week high | 74.79 |
| 52 week low | 50.76 |
| 20 day moving average | 54.75 |
| 50 day moving average | 59.51 |
| 200 day moving average | 65.64 |
| RSI, 14 days | 26 |
Worked out from the desk's own daily bars, adjusted for share splits.
From the daily bars through 6 Oct 2026. Current on every plan.
Seasonality
In the 2 Octobers on record, FER's average change was minus 0.8 percent, and it rose in 50.0 percent of them.
| Month | Average change | Middle change | Share of years up | Years |
|---|---|---|---|---|
| October | -0.8% | -0.8% | 50.0% | 2 |
| November | +4.8% | +4.8% | 100.0% | 2 |
| December | -0.1% | -0.1% | 50.0% | 2 |
Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.
Monthly history through 6 Oct 2026. Current on every plan.
Headlines
The desk's news feeds carried 2 headlines naming FER in the 3 days to 6 Oct 2026.
| Figure | Value |
|---|---|
| Headlines in the window | 2 |
| Latest | 6 Oct 2026 |
The titles are in the Headlines window, with the time each was published.
Headlines as of 6 Oct 2026. Current on every plan.
Questions
- What is FER's implied volatility?
- FER's at the money implied volatility is 50.8 percent on 6 Oct 2026.
- What is FER's expected move?
- On 6 Oct 2026, the option prices for FER implied an expected move of 40.16 to 56.53 by 20 Nov 2026. That is 22.0 percent down and 9.9 percent up.
- Where are FER's call wall and put wall?
- On 6 Oct 2026, FER's call wall is the 60 strike and its put wall is the 50 strike.
Ask an AI about FER
The RingMaster connector hands these same figures to Claude, ChatGPT, Claude Code, Cursor and VS Code, each answer stamped with its trading day. It is free to add on any plan. A Free account gets the options figures current and the signals one trading day behind. Membership gets tonight's signals the night they publish.
Connector address: https://ringmaster.oheyinc.com/mcp
Example prompt: “What is FER's IV rank, what move are its options pricing, and where are its call wall and put wall?”
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Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.