Icahn Enterprises Stock Options Expiring on 19th of September

IEP Stock  USD 9.21  0.09  0.99%   
Icahn Enterprises' latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 1.07 with a put-to-call open interest ratio of 1.06 over 16 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on September 19th 2025. The total put volume is at 25.0, with calls trading at the volume of 317. This yields a 0.08 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

The chart above shows Icahn Enterprises' 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. Icahn Enterprises' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Icahn Enterprises' option, there is no secondary market available for investors to trade.

Icahn Enterprises Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain occurs when Icahn Enterprises' market makers reach a net positive position across all Icahn Enterprises' options at a strike price where option holders stand to lose the most money. By contrast, Icahn Enterprises' option sellers may reap the most after selling more options than buying, causing them to expire worthless.

Icahn Enterprises In The Money Call Balance

When Icahn Enterprises' strike price is surpassing the current stock price, the option contract against Icahn Enterprises LP stock is said to be in the money. When it comes to buying Icahn Enterprises' 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 Icahn Enterprises LP 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.

Icahn Current Options Market Mood

Icahn Enterprises' 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 Icahn 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 Icahn Enterprises' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Icahn Enterprises' 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 Icahn contract

Base on the Rule 16, the options market is currently suggesting that Icahn Enterprises LP will have an average daily up or down price movement of about 0.0669% per day over the life of the 2025-09-19 option contract. With Icahn Enterprises trading at USD 9.21, that is roughly USD 0.006159. If you think that the market is fully incorporating Icahn Enterprises' daily price movement you should consider buying Icahn Enterprises LP options at the current volatility level of 1.07%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Icahn Enterprises Option Chain

When Icahn Enterprises' strike price is surpassing the current stock price, the option contract against Icahn Enterprises LP 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.
Icahn Enterprises' option chain is a display of a range of information that helps investors for ways to trade options on Icahn. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Icahn. It also shows strike prices and maturity days for a Icahn Enterprises 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
IEP250919C00020000819120.00.0 - 0.050.04Out
Call
IEP250919C00017500194817.50.0 - 0.20.05Out
Call
IEP250919C00015000161015.00.0 - 0.10.06Out
Call
IEP250919C00012500398612.50.0 - 0.10.07Out
Call
IEP250919C00010000478210.00.15 - 0.30.15Out
Call
IEP250919C000075003237.51.55 - 1.851.77In
Call
IEP250919C00005000555.03.8 - 4.64.2In
Call
IEP250919C0000250002.55.9 - 7.45.9In
 Put
IEP250919P00020000420.09.3 - 13.19.9In
 Put
IEP250919P00017500017.56.8 - 11.06.8In
 Put
IEP250919P00015000315.04.3 - 8.54.3In
 Put
IEP250919P000125002312.51.8 - 6.13.6In
 Put
IEP250919P000100002105210.00.05 - 2.51.3In
 Put
IEP250919P000075009947.50.1 - 0.20.15Out
 Put
IEP250919P00005000145.00.0 - 0.10.04Out
 Put
IEP250919P0000250002.50.0 - 0.750.75Out

Icahn Enterprises Market Cap Over Time

   Market Cap   
       Timeline  

Icahn Total Stockholder Equity

Total Stockholder Equity

3.08 Billion

At this time, Icahn Enterprises' Total Stockholder Equity is relatively stable compared to the past year.

Icahn Enterprises Corporate Management

Hunter GaryManaging DirectorProfile
Ted PapapostolouDirector CFOProfile
Angel MontalvoInvestor ContactProfile
Robert FlintChief OfficerProfile
Andrew LanghamG CounselProfile
Andrew TenoChief OfficerProfile

Additional Tools for Icahn Stock Analysis

When running Icahn Enterprises' price analysis, check to measure Icahn Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Icahn Enterprises is operating at the current time. Most of Icahn Enterprises' value examination focuses on studying past and present price action to predict the probability of Icahn Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icahn Enterprises' price. Additionally, you may evaluate how the addition of Icahn Enterprises to your portfolios can decrease your overall portfolio volatility.