What is the FANG Options Chain?
The FANG options chain displays all available call and put option contracts for Diamondback Energy Inc. (FANG), a leading independent oil and gas exploration and production company focused on the Permian Basin in West Texas. Diamondback is one of the largest pure-play Permian operators and has grown through acquisitions including Endeavor Energy Resources. FANG options offer leveraged exposure to crude oil and natural gas prices with high sensitivity to energy sector cycles. Our free FANG options chain viewer provides real-time data including bid/ask quotes, last trade price, volume, open interest, implied volatility, and the full suite of Greeks (Delta, Gamma, Theta, Vega) for every contract.
Why Use Our FANG Options Chain Viewer?
Diamondback Energy options offer direct exposure to Permian Basin production, WTI crude prices, and OPEC+ supply decisions. As a pure-play E&P company, FANG has higher volatility than integrated majors — oil price swings create significant options opportunities. The Endeavor acquisition solidified FANG as a Permian leader.
FANG Calls & Puts Side-by-Side
View FANG calls and puts in a traditional options chain layout, grouped by expiration date with the strike price as the center column for easy comparison.
Powerful Filters
Filter FANG options by expiration date, strike price range, and contract type (calls only, puts only, or both) to quickly find the contracts that match your strategy.
Near Real-Time FANG Data
FANG options data auto-refreshes every 30 seconds so you always see current bid/ask spreads, volume, and implied volatility without manually reloading.
Full Greeks & IV for FANG
Every FANG contract displays Delta, Gamma, Theta, Vega, and implied volatility — essential metrics for evaluating risk and pricing efficiency.
FANG Options Trading Tips
WTI crude oil is the primary driver of FANG — monitor oil supply/demand and OPEC+ decisions.
Natural gas prices also affect FANG revenue; Permian gas production has grown alongside oil.
M&A activity in the Permian Basin can cause sharp moves — watch for consolidation news.
FANG reports production volumes and capital spending — quarterly guidance drives volatility.
How to Use the FANG Options Chain
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View the FANG Chain
The FANG options chain loads automatically when you visit this page. All available expirations and strikes are displayed with real-time data.
- 2
Filter by Expiration & Strike
Use the expiration date dropdown and strike price range inputs to narrow down the FANG chain to the contracts you care about.
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Analyze Quotes & Greeks
Review bid/ask spreads, volume, open interest, IV, and Greeks for each FANG contract. The data refreshes automatically every 30 seconds.