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First Merchants Corporation Common Stock FRME

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Market datapartial · fetched 2026-10-24T04:21:53.066Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew and implied move: recorded expiration-specific observations.

History data

PriceAlpaca · sip · 2026-10-23T20:00:01.479602909Z

FundamentalsAlpha Vantage · unavailable

Share price$40.68
1D+0.0%
AH$40.36$40.53$40.71$40.88$41.065:30 AM6:30 AM9:00 AM1:00 PM2:00 PMFRME
Sold putSold callAH

First Merchants Corporation Common Stock options

Live interpolated FRME call and put midpoint premiums by absolute delta.First Merchants Corporation Common Stock$1.91$2.79$3.67$4.55$5.43$31.05$35.92$40.80$45.67$50.5520Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive FRME spot · $40.68FRME PRICE$2.50$2.48$2.45$2.46$2.48$2.49$2.65$3.28$3.91$4.54$5.17$2.35$2.01$2.15$2.30$2.44$2.63$2.85$3.07$3.28$3.50$3.72$3.94$4.15
PutsExpensive2.53×
CallsExpensive2.69×
SkewBullish-2.11 pp
Implied moveBearish±$5.33
TiltBearish5.4% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ31.14154.5%29.2%
25Δ35.06103.5%18.8%
30Δ54.24142.3%39.5%36.5192.3%15.5%
35Δ48.46111.8%25.2%37.9781.0%12.3%
40Δ44.8388.4%16.2%39.4369.8%9.1%
45Δ43.5577.3%13.1%40.3463.1%7.3%
50Δ42.2666.2%10.0%40.9159.3%6.4%
55Δ40.9755.1%6.8%41.4755.5%5.6%
60Δ39.7946.9%4.3%42.0351.7%4.7%
65Δ38.9347.8%3.8%42.6047.9%3.9%
70Δ38.0648.6%3.2%43.1644.1%3.0%
75Δ37.2049.5%2.6%43.7340.3%2.2%
80Δ36.3450.3%2.0%44.2936.5%1.3%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
31.14
IV
154.5%
B/E move
29.2%

25Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
35.06
IV
103.5%
B/E move
18.8%

30Δ

Calls
Pseudo strike
54.24
IV
142.3%
B/E move
39.5%
Puts
Pseudo strike
36.51
IV
92.3%
B/E move
15.5%

35Δ

Calls
Pseudo strike
48.46
IV
111.8%
B/E move
25.2%
Puts
Pseudo strike
37.97
IV
81.0%
B/E move
12.3%

40Δ

Calls
Pseudo strike
44.83
IV
88.4%
B/E move
16.2%
Puts
Pseudo strike
39.43
IV
69.8%
B/E move
9.1%

45Δ

Calls
Pseudo strike
43.55
IV
77.3%
B/E move
13.1%
Puts
Pseudo strike
40.34
IV
63.1%
B/E move
7.3%

50Δ

Calls
Pseudo strike
42.26
IV
66.2%
B/E move
10.0%
Puts
Pseudo strike
40.91
IV
59.3%
B/E move
6.4%

55Δ

Calls
Pseudo strike
40.97
IV
55.1%
B/E move
6.8%
Puts
Pseudo strike
41.47
IV
55.5%
B/E move
5.6%

60Δ

Calls
Pseudo strike
39.79
IV
46.9%
B/E move
4.3%
Puts
Pseudo strike
42.03
IV
51.7%
B/E move
4.7%

65Δ

Calls
Pseudo strike
38.93
IV
47.8%
B/E move
3.8%
Puts
Pseudo strike
42.60
IV
47.9%
B/E move
3.9%

70Δ

Calls
Pseudo strike
38.06
IV
48.6%
B/E move
3.2%
Puts
Pseudo strike
43.16
IV
44.1%
B/E move
3.0%

75Δ

Calls
Pseudo strike
37.20
IV
49.5%
B/E move
2.6%
Puts
Pseudo strike
43.73
IV
40.3%
B/E move
2.2%

80Δ

Calls
Pseudo strike
36.34
IV
50.3%
B/E move
2.0%
Puts
Pseudo strike
44.29
IV
36.5%
B/E move
1.3%

Options history

No recorded observations