Cullen/Frost Bankers (CFR) Options Chain
NYSE: CFRFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $150.24
- Put/call ratio (OI)
- 1.00
- Put/call ratio (volume)
- 0.00
- Expected move
- ±$14.84
- Open interest (C / P)
- 12 / 12
CFR options summary
The CFR options chain for the November 20, 2026 expiration lists 4 call and 3 put contracts, with 40 days until expiration. Open interest stands at 12 calls and 12 puts, a put/call ratio of 1.00, which is fairly balanced between calls and puts. At-the-money implied volatility near the $155.00 strike is 29.8%, which implies the market expects a move of about ±$14.84 (9.9%) in Cullen/Frost Bankers stock by expiration.
The most open interest sits at the $160.00 call (8 contracts) and the $160.00 put (10 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CFR options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 140.00 | 0.45 | 2.60 | 1.85 | |||||
| — | — | — | 145.00 | 1.65 | 3.90 | 2.60 | |||||
| 3.30 | 3.20 | 4.00 | 155.00 | — | — | — | |||||
| 2.60 | 1.30 | 3.10 | 160.00 | 10.20 | 11.70 | 9.05 | |||||
| 0.45 | 0.10 | 2.75 | 170.00 | — | — | — | |||||
| 1.30 | 0.00 | 2.35 | 180.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the CFR put/call ratio?
For the November 20, 2026 expiration, the CFR put/call ratio based on open interest is 1.00 (12 puts vs 12 calls), and 0.00 based on today's volume. A ratio above 1 means more puts than calls.
What is CFR's implied volatility?
At-the-money implied volatility for CFR options expiring November 20, 2026 is about 29.8%, an annualized estimate of how much the market expects Cullen/Frost Bankers stock to move.
How many CFR option expiration dates are there?
CFR has 5 listed expiration dates, from Oct 16, 2026 to May 21, 2027.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.