FirstEnergy Stock Options Expiring on 15th of August

FE Stock  USD 40.78  0.23  0.57%   
FirstEnergy's latest option contracts expiring on August 15th 2025 are carrying combined implied volatility of 0.39 with a put-to-call open interest ratio of 1.25 over 28 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on August 15th 2025. The total put volume is at 13.0, with calls trading at the volume of 70.0. This yields a 0.19 put-to-call volume ratio.

Open Interest Against August 15th 2025 Option Contracts

The chart above shows FirstEnergy's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. FirstEnergy's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for FirstEnergy's option, there is no secondary market available for investors to trade.

FirstEnergy Maximum Pain Price Across 2025-08-15 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as FirstEnergy close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, FirstEnergy's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
FirstEnergy's stock options are financial instruments that give investors the right to buy or sell shares of FirstEnergy common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell FirstEnergy stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If FirstEnergy's stock price goes up or down, the stock options follow.
At present, FirstEnergy's Stock Based Compensation is projected to decrease significantly based on the last few years of reporting.

FirstEnergy In The Money Call Balance

When FirstEnergy's strike price is surpassing the current stock price, the option contract against FirstEnergy stock is said to be in the money. When it comes to buying FirstEnergy's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on FirstEnergy are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

FirstEnergy Current Options Market Mood

FirstEnergy's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps FirstEnergy Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of FirstEnergy's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. FirstEnergy's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current FirstEnergy contract

Base on the Rule 16, the options market is currently suggesting that FirstEnergy will have an average daily up or down price movement of about 0.0244% per day over the life of the 2025-08-15 option contract. With FirstEnergy trading at USD 40.78, that is roughly USD 0.00994. If you think that the market is fully incorporating FirstEnergy's daily price movement you should consider buying FirstEnergy options at the current volatility level of 0.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

FirstEnergy Option Chain

When FirstEnergy's strike price is surpassing the current stock price, the option contract against FirstEnergy stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
FirstEnergy's option chain is a display of a range of information that helps investors for ways to trade options on FirstEnergy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for FirstEnergy. It also shows strike prices and maturity days for a FirstEnergy against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
FE250815C00048000048.00.0 - 1.551.55Out
Call
FE250815C00047000047.00.0 - 1.51.5Out
Call
FE250815C00046000046.00.0 - 1.351.35Out
Call
FE250815C00045000045.00.0 - 1.351.35Out
Call
FE250815C00044000644.00.0 - 0.20.13Out
Call
FE250815C0004300010443.00.1 - 0.20.1Out
Call
FE250815C00042000275642.00.2 - 0.40.3Out
Call
FE250815C0004100021841.00.7 - 0.80.74Out
Call
FE250815C0004000022840.01.2 - 1.41.4In
Call
FE250815C000390001739.02.0 - 2.151.77In
Call
FE250815C00038000638.01.5 - 4.02.86In
Call
FE250815C00035000135.04.3 - 7.55.25In
 Put
FE250815P00048000048.07.0 - 8.67.0In
 Put
FE250815P00047000047.05.6 - 7.55.6In
 Put
FE250815P00046000046.04.5 - 7.64.5In
 Put
FE250815P00045000245.04.4 - 5.65.37In
 Put
FE250815P00044000044.01.65 - 5.21.65In
 Put
FE250815P00043000043.01.35 - 3.91.35In
 Put
FE250815P00042000342.01.5 - 2.12.06In
 Put
FE250815P00041000541.00.0 - 1.41.41In
 Put
FE250815P0004000035640.00.65 - 0.750.7Out
 Put
FE250815P00039000354339.00.3 - 0.450.53Out
 Put
FE250815P0003800013438.00.15 - 0.30.2Out
 Put
FE250815P0003700010837.00.0 - 0.20.15Out
 Put
FE250815P00036000136.00.0 - 2.150.21Out
 Put
FE250815P00035000635.00.0 - 0.350.12Out
 Put
FE250815P000340001734.00.0 - 1.750.06Out
 Put
FE250815P00032000132.00.0 - 0.950.05Out

FirstEnergy Total Stockholder Equity

Total Stockholder Equity

9.39 Billion

At present, FirstEnergy's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting.

FirstEnergy Corporate Directors

Julia JohnsonIndependent DirectorProfile
Christopher PappasExecutive Independent DirectorProfile
Dan DeVilleDirector AreasProfile
James OneilIndependent DirectorProfile
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.409
Dividend Share
1.7
Earnings Share
1.88
Revenue Per Share
23.906
Quarterly Revenue Growth
0.145
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.