Stock Markets May 15, 2026 02:55 PM

FirstEnergy Options Activity Surges; Calls Dominate Volume

Call contracts accounted for the bulk of a 6,583-contract uptick in FirstEnergy options trading as the stock slipped modestly

By Nina Shah FE

Options trading in FirstEnergy Corp. rose to 6,583 contracts by 2:20 p.m. New York time on Friday, with call options representing the overwhelming majority of activity. The January 15, 2027 $55 call was the single most traded strike, and significant open interest was noted in two call strikes. FirstEnergy shares fell 1.46% to $43.85 during the same period.

FirstEnergy Options Activity Surges; Calls Dominate Volume
FE

Key Points

  • Total options volume in FirstEnergy reached 6,583 contracts by 2:20 p.m. New York time on Friday.
  • Call options dominated activity with 6,506 contracts; put options totaled 77 contracts.
  • The January 15, 2027 $55 call accounted for 5,007 contracts traded and had open interest of 6,233; the June 18, 2026 $45 call recorded 861 contracts with 4,944 contracts of open interest.

Trading in options tied to FirstEnergy Corp. reached 6,583 contracts by 2:20 p.m. New York time on Friday, based on exchange data compiled by Bloomberg.

The activity was heavily weighted toward calls, which accounted for 6,506 of the contracts transacted. Puts made up the remaining portion of the flow, with 77 contracts recorded.

Among individual strikes, the January 15, 2027 $55 call represented the largest share of activity, with 5,007 contracts changing hands. That particular strike carried open interest of 6,233 contracts as of Thursday.

A second call strike also drew meaningful volume: the June 18, 2026 $45 call posted 861 contracts traded and had open interest of 4,944 contracts.

Over the same trading session, FirstEnergy's common shares moved lower, declining 1.46% and trading at $43.85 on Friday.


Context and details

  • The total options volume cited reflects activity recorded by exchange data compiled by Bloomberg at the specified timestamp.
  • Call options accounted for the dominant share of contracts in this session, while put volume was limited.
  • Open interest figures noted for the highlighted strikes were reported as of Thursday.

Market snapshot

As reported, the stock price moved down by 1.46% to $43.85 during the same session in which the options flow was observed. The options activity and the share price movement were contemporaneous within the trading day.


Reporting is based on exchange data compiled by Bloomberg and reflects the counts and prices noted at the times indicated.

Risks

  • The data reflect trading through 2:20 p.m. New York time and may not capture subsequent intraday shifts in options flow or share price.
  • The intent behind the concentrated call activity is not specified in the data; motivations such as hedging, speculation, or position adjustments cannot be determined from the reported figures alone.
  • Open interest figures are reported as of Thursday and may not represent final positions beyond that reporting point.

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