FIRST TRUST MORTGAGE INCOME FUND (FMY) options
The FMY options chain: calls and puts with price, volume, implied volatility and the Greeks, for the expiration you choose.
Close price as of Nov 13, 2026
What FMY options are
FIRST TRUST MORTGAGE INCOME FUND (FMY) options give the right, not the duty, to buy or sell FMY shares at a set price until a set date.
- FMY call
- The right to buy shares at the strike price. It gains when the stock rises.
- FMY put
- The right to sell shares at the strike price. It gains when the stock falls.
- Implied volatility
- The price move the market expects.
- Open interest
- Contracts still open. More usually means easier trading.
FMY options questions
How do I buy FMY options?
You need a brokerage account with options trading enabled. Find FMY at your broker, choose a call or a put, a strike and an expiration, and place the order. Options carry substantial risk: one can expire worthless and lose all that was paid for it.
What is the difference between FMY calls and puts?
A call gives the right to buy FMY shares at the strike price and gains when the stock rises. A put gives the right to sell them at the strike price and gains when the stock falls.
How do I choose a FMY expiration?
A shorter expiration costs less and reacts faster, and loses its time value sooner. A longer one costs more and gives the trade more time.
What is the implied volatility of FMY options?
It differs by strike and expiration, so open the FMY chain to read it for each contract. Higher implied volatility means the market expects larger moves, and the option costs more. It often rises before earnings.
What do in the money and out of the money mean?
An in the money option has intrinsic value: a call with a strike below the stock price, or a put with a strike above it. An out of the money option has none and costs less. An at the money option has a strike near the stock price.