M&T Bank (MTB) Options Chain
NYSE: MTBFinanceMajor BanksUSD
Market open · Delayed 15 min · as of Oct 8, 3:45 PM ET
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 8
- Share price
- $217.19
- Put/call ratio (OI)
- 0.16
- Put/call ratio (volume)
- 0.25
- Expected move
- ±$13.24
- Open interest (C / P)
- 1.44K / 233
MTB options summary
The MTB options chain for the October 16, 2026 expiration lists 13 call and 13 put contracts, with 8 days until expiration. Open interest stands at 1,442 calls and 233 puts, a put/call ratio of 0.16, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $220.00 strike is 41.2%, which implies the market expects a move of about ±$13.24 (6.1%) in M&T Bank stock by expiration.
The most open interest sits at the $240.00 call (544 contracts) and the $210.00 put (111 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MTB options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 81.90 | 0.00 | 0.00 | 135.00 | — | — | — | |||||
| — | — | — | 150.00 | 0.00 | 1.05 | 0.05 | |||||
| — | — | — | 155.00 | 0.05 | 2.85 | 1.82 | |||||
| 63.30 | 63.70 | 67.30 | 160.00 | — | — | — | |||||
| — | — | — | 170.00 | 0.00 | 0.75 | 0.15 | |||||
| 37.00 | 0.00 | 0.00 | 180.00 | 0.00 | 0.75 | 0.30 | |||||
| — | — | — | 190.00 | 0.05 | 0.75 | 0.50 | |||||
| — | — | — | 195.00 | 0.05 | 0.95 | 1.60 | |||||
| 29.36 | 28.80 | 32.30 | 200.00 | 0.40 | 1.40 | 0.99 | |||||
| 11.85 | 8.00 | 9.80 | 210.00 | 1.55 | 3.20 | 1.41 | |||||
| 2.50 | 2.15 | 4.00 | 220.00 | 5.50 | 7.50 | 4.97 | |||||
| 0.64 | 0.45 | 0.85 | 230.00 | 12.90 | 15.40 | 11.19 | |||||
| 0.19 | 0.00 | 1.25 | 240.00 | 22.20 | 24.80 | 20.63 | |||||
| 0.85 | 0.00 | 0.80 | 250.00 | 32.30 | 34.70 | 23.15 | |||||
| 0.24 | 0.00 | 1.00 | 260.00 | — | — | — | |||||
| 0.10 | 0.00 | 0.10 | 270.00 | 28.20 | 31.50 | 23.70 | |||||
| 2.25 | 0.00 | 1.40 | 280.00 | — | — | — | |||||
| 1.00 | 0.00 | 1.15 | 290.00 | — | — | — | |||||
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 MTB put/call ratio?
For the October 16, 2026 expiration, the MTB put/call ratio based on open interest is 0.16 (233 puts vs 1,442 calls), and 0.25 based on today's volume. A ratio above 1 means more puts than calls.
What is MTB's implied volatility?
At-the-money implied volatility for MTB options expiring October 16, 2026 is about 41.2%, an annualized estimate of how much the market expects M&T Bank stock to move.
How many MTB option expiration dates are there?
MTB has 10 listed expiration dates, from Oct 16, 2026 to Dec 17, 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.