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American Electric Power Company, Inc. (AEP)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 124.71 +0.92%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±2.9%
Expected range 120.96128.26
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.18.5%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 10/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.31
P/C open interest0.50
Next earnings Oct 29

Cboe delayed options data · as of 21:48 UTC · Figures derived from the full chain (528 contracts, 10 expirations) · IV own-history percentile appears after 60 recorded days (4 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

121.0128.3124.6 current

Options are pricing a move of about ±2.9% (range 120.96–128.26) by Sep 18, 2026. ATM straddle: 3.65 @ strike 125 · ATM IV: 17.9%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

124.6121.0128.3
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
112.15 -10% 99.8% 0.2%
118.38 -5% 91.8% 8.2%
124.61 +0% 49.3% 50.7%
130.84 +5% 8.7% 91.3%
137.07 +10% 0.4% 99.6%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 18, 2026 15 ±2.9% 17.9% 21.6K
Oct 16, 2026 43 ±5.2% 18.7% 1,391
Nov 20, 2026 78 ±7.5% 19.8% 5,688
Dec 18, 2026 106 ±8.4% 19.5% 4,016
Jan 15, 2027 134 ±9.6% 19.6% 15.8K
Feb 19, 2027 169 ±11.2% 20.5% 171
Mar 19, 2027 197 ±11.8% 20.1% 1,741

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

95.00100.0105.0110.0115.0120.0125.0130.0135.0140.0145.0150.0155.0124.6
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 130 C · 4,370125 P · 2,878120 P · 2,329150 C · 2,317115 P · 2,107

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

17%18%20%22%43d197d15d

When does open interest expire?

43%This month57%Later

Implied vs realized volatility

18.2%18.7%19.2%19.7%Aug 31Sep 03
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Nov 24-4.1%Feb 25-0.5%May 25+0.0%Jul 25+3.6%Oct 25+5.9%Feb 26+6.3%May 26-1.6%Jul 26-1.2%
implied (when recorded)actual reaction

Avg |reaction| 2.3% · median 1.6% (20 reports) — two-session close-to-close window; definition

About American Electric Power Company, Inc.

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity. Serving both retail and wholesale clients across the United States, AEP organizes its extensive operations into several key segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The firm produces its electrical power from a diverse portfolio of energy sources, including coal, lignite, natural gas, nuclear, hydroelectric, solar, and wind power, alongside other emerging technologies. Beyond direct consumer sales, AEP also functions as a major wholesale electricity supplier, providing power to other utility companies, rural electric cooperatives, municipalities, and various other participants within the energy market. Incorporated in 1906, the company's corporate headquarters are situated in Columbus, Ohio.

Utilities · Regulated Electric · NASDAQ · Profile: Financial Modeling Prep

AEP news

All news →

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CNBC · 15:36 UTC ↗

Explainer: Venezuela's heavy crude could be swapped for American oil to fill emergency reserve, Wright says

U.S. President Donald Trump said on Sunday that oil from a recently struck dealwith Venezuela will be used to replenish the Strategic…

Reuters · Sep 02, 23:59 UTC ↗

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Financial Services

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Industrials

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