Mercantile Bank (MBWM) Options Chain
NASDAQ: MBWMFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $57.78
- Put/call ratio (OI)
- 0.12
- Put/call ratio (volume)
- 0.22
- Expected move
- ±$14.66
- Open interest (C / P)
- 25 / 3
MBWM options summary
The MBWM options chain for the December 18, 2026 expiration lists 5 call and 2 put contracts, with 68 days until expiration. Open interest stands at 25 calls and 3 puts, a put/call ratio of 0.12, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $60.00 strike is 58.8%, which implies the market expects a move of about ±$14.66 (25.4%) in Mercantile Bank stock by expiration.
The most open interest sits at the $60.00 call (20 contracts) and the $55.00 put (3 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MBWM options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 23.38 | 0.00 | 0.00 | 30.00 | — | — | — | |||||
| 18.40 | 0.00 | 0.00 | 35.00 | — | — | — | |||||
| 18.05 | 18.00 | 22.90 | 40.00 | — | — | — | |||||
| — | — | — | 50.00 | 0.05 | 4.80 | 2.63 | |||||
| 3.55 | 0.00 | 0.00 | 55.00 | 0.05 | 4.90 | 1.10 | |||||
| 4.75 | 0.10 | 4.90 | 60.00 | — | — | — | |||||
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 MBWM put/call ratio?
For the December 18, 2026 expiration, the MBWM put/call ratio based on open interest is 0.12 (3 puts vs 25 calls), and 0.22 based on today's volume. A ratio above 1 means more puts than calls.
What is MBWM's implied volatility?
At-the-money implied volatility for MBWM options expiring December 18, 2026 is about 58.8%, an annualized estimate of how much the market expects Mercantile Bank stock to move.
How many MBWM option expiration dates are there?
MBWM has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.