FEM ETF Options Chain and Prices
See Unusual Options Activity for FEM 🔥
In the Money
FEM Option Calls
11/20/26 (m)FEM Option Puts
FEM Option Calls 11/20/26 (m)
| 21.0 | ― | ― | ― | ― | ― |
| 22.0 | ― | ― | ― | ― | ― |
| 23.0 | ― | ― | ― | ― | ― |
| 24.0 | $5.90 | 0.00% | 1 | 0 | 03/23, 01:30 PM |
| 25.0 | ― | ― | ― | ― | ― |
| 26.0 | ― | ― | ― | ― | ― |
| 27.0 | ― | ― | ― | ― | ― |
| 28.0 | $3.20 | 0.00% | 1 | 0 | 03/31, 01:30 PM |
| 29.0 | $2.85 | 0.00% | 1 | 0 | 03/31, 01:30 PM |
| 30.0 | ― | ― | ― | ― | ― |
| 31.0 | ― | ― | ― | ― | ― |
| 32.0 | $2.55 | -15.00% | 1 | 1 | 06/30, 01:30 PM |
| 33.0 | $2.05 | 0.00% | 1 | 0 | 06/30, 01:30 PM |
| 34.0 | ― | ― | ― | ― | ― |
| 35.0 | $0.80 | 0.00% | 1 | 0 | 07/31, 02:07 PM |
| 36.0 | $1.20 | 0.00% | 2 | 0 | 05/05, 01:30 PM |
| 37.0 | $0.05 | -94.74% | 50 | 3 | 10/16, 02:09 PM |
| 38.0 | $0.05 | -94.12% | 50 | 5 | 10/16, 02:11 PM |
| 39.0 | $0.05 | -88.89% | 8 | 9 | 10/16, 02:12 PM |
FEM Option Puts 11/20/26 (m)
| 21.0 | $0.05 | 0.00% | 50 | 0 | 10/13, 06:12 PM |
| 22.0 | $0.25 | 0.00% | 1 | 0 | 03/31, 01:30 PM |
| 23.0 | $0.25 | 0.00% | 1 | 0 | 07/21, 01:30 PM |
| 24.0 | ― | ― | ― | ― | ― |
| 25.0 | $0.25 | 0.00% | 1 | 1 | 05/11, 01:30 PM |
| 26.0 | $0.75 | +150.00% | 1 | 1 | 06/30, 01:30 PM |
| 27.0 | $0.10 | +100.00% | 150 | 0 | 10/16, 02:18 PM |
| 28.0 | $1.05 | 0.00% | 1 | 0 | 06/04, 01:30 PM |
| 29.0 | ― | ― | ― | ― | ― |
| 30.0 | ― | ― | ― | ― | ― |
| 31.0 | ― | ― | ― | ― | ― |
| 32.0 | ― | ― | ― | ― | ― |
| 33.0 | ― | ― | ― | ― | ― |
| 34.0 | ― | ― | ― | ― | ― |
| 35.0 | ― | ― | ― | ― | ― |
| 36.0 | ― | ― | ― | ― | ― |
| 37.0 | ― | ― | ― | ― | ― |
| 38.0 | ― | ― | ― | ― | ― |
| 39.0 | ― | ― | ― | ― | ― |
FEM Options Summary
Expiring Nov 20, 2026 · As of Oct 16, 2026, 10:18 AM ET
- Put/Call Ratio (Volume)
- 1.77
- Put/Call Ratio (Open Interest)
- 0.11
- ATM Implied Volatility
- 45.5%
- Expected Move by Nov 20, 2026
- ±$4.25 (±13.70%)
- Max Pain
- $26.00
Top 5 Strikes by Open Interest
| Strike | Call OI | Put OI | Total OI |
|---|---|---|---|
| $39.00 | 9 | 0 | 9 |
| $38.00 | 5 | 0 | 5 |
| $37.00 | 3 | 0 | 3 |
| $25.00 | 0 | 1 | 1 |
| $26.00 | 0 | 1 | 1 |
FAQ
What is the put/call ratio for FEM options?
FEM options expiring Nov 20, 2026 show a put/call volume ratio of 1.77 (205 puts vs. 116 calls traded) and a put/call open interest ratio of 0.11 (2 puts vs. 18 calls open) as of Oct 16, 2026, 10:18 AM ET. A ratio above 1 means more puts than calls, which often reflects hedging or a bearish tilt.
What is the implied volatility of FEM options?
The at-the-money implied volatility of FEM options expiring Nov 20, 2026 is 45.5%, derived from the prices of the $28.00 strike call and put as of Oct 16, 2026, 10:18 AM ET.
What is the expected move for FEM by Nov 20, 2026?
The options market prices an expected move of ±$4.25 (±13.70%) for FEM by the Nov 20, 2026 expiration. This is the price of the at-the-money straddle at the $28.00 strike.
What is the max pain price for FEM options?
The max pain strike for FEM options expiring Nov 20, 2026 is $26.00. At that price, the open FEM calls and puts would pay their holders the least at expiration.
Which FEM option strikes have the most open interest?
For the Nov 20, 2026 expiration, the FEM strikes with the most open interest are $39.00 (9 contracts), $38.00 (5 contracts), $37.00 (3 contracts), $25.00 (1 contracts), $26.00 (1 contracts).
Options chain for First Trust Emerging Markets AlphaDEX Fund (FEM).
