Mercantile Bank (MBWM) Options Chain
NASDAQ: MBWMFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Mar 19, 2027
- Days to expiration
- 159
- Share price
- $57.78
- Put/call ratio (OI)
- 41.00
- Expected move
- ±$15.77
- Open interest (C / P)
- 1 / 41
MBWM options summary
The MBWM options chain for the March 19, 2027 expiration lists 1 call and 2 put contracts, with 159 days until expiration. Open interest stands at 1 calls and 41 puts, a put/call ratio of 41.00, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $45.00 strike is 41.4%, which implies the market expects a move of about ±$15.77 (27.3%) in Mercantile Bank stock by expiration.
The most open interest sits at the $35.00 call (1 contracts) and the $45.00 put (41 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MBWM options chain · March 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 23.52 | 23.00 | 27.90 | 35.00 | — | — | — | |||||
| — | — | — | 45.00 | 0.55 | 1.35 | 0.50 | |||||
| — | — | — | 80.00 | 19.50 | 24.20 | 21.60 | |||||
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 March 19, 2027 expiration, the MBWM put/call ratio based on open interest is 41.00 (41 puts vs 1 calls). A ratio above 1 means more puts than calls.
What is MBWM's implied volatility?
At-the-money implied volatility for MBWM options expiring March 19, 2027 is about 41.4%, 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.