FANG Option Overview

Diamondback Energy Inc (FANG) options traded 2.1K contracts on Nov 4, 2026, above the 20-day average of 1.75K, and calls outnumber puts. 30-day implied volatility was 38.0%, near the bottom of its one-year range. Near-term max pain was $196.02, 7.2% above the $182.85 close.

About FANG

FANG Options FAQ

How actively are FANG options traded?

1.54K calls and 562 puts traded on Nov 4, 2026, 2.1K contracts in total. Open interest was 71.53K contracts. Over the past 30 days, volume averaged 1.73K contracts per day. The FANG option volume chart shows volume by strike and expiration date.

Is FANG implied volatility high right now?

Diamondback Energy IV rank is 7, so its 30-day implied volatility of 38.0% is near the bottom of its one-year range. Over the past year it ranged from 26.8% on Dec 31, 2025 to 177.0% on Jul 17, 2026. See the FANG implied volatility history for a longer view.

What is the FANG put/call ratio?

The Diamondback Energy put/call volume ratio was 0.37 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.55. The FANG open interest chart shows calls and puts at each strike.

What is FANG max pain this week?

As of the Nov 4, 2026 close, max pain for Diamondback Energy options about one week from expiration was $196.02, 7.2% above the $182.85 close. The FANG max pain chart shows it for every expiration date.

What is FANG's expected move over the next week?

Based on 7-day implied volatility of 40.1%, options price a move of about ±$10.16 (±5.6%) over the next week, a range of roughly $172.69 to $193.01 from the Nov 4, 2026 close. The FANG expected move chart shows it for every expiration date.