AT&T (T) Options Chain

NYSE: TCommunication ServicesTelecom ServicesUSD

22.18-2.41 (-9.81%)

At close: Oct 9, 4:02 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $22.18
Put/call ratio (OI): 0.39
Put/call ratio (volume): 0.95
ATM implied volatility: 32.9%
Expected move: ±$2.42
Open interest (C / P): 41.14K / 15.98K

T options summary

The T options chain for the November 20, 2026 expiration lists 19 call and 19 put contracts, with 40 days until expiration. Open interest stands at 41,144 calls and 15,984 puts, a put/call ratio of 0.39, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.00 strike is 32.9%, which implies the market expects a move of about ±$2.42 (10.9%) in AT&T stock by expiration.

The most open interest sits at the $28.00 call (9.57K contracts) and the $25.00 put (5.77K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

T options chain · November 20, 2026

T calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
0	79	138.3%	12.55	9.55	11.45	12.00	0.00	0.13	0.01	98.4%	—	40
0	6	130.7%	12.00	8.70	10.45	13.00	—	—	—	—	—	—
0	2	114.1%	8.25	7.55	8.55	14.00	—	—	—	—	—	—
0	2	96.3%	7.85	6.55	8.45	15.00	—	—	—	—	—	—
2	2	65.0%	6.30	5.85	6.75	16.00	—	—	—	—	—	—
—	—	—	—	—	—	17.00	0.00	0.06	0.03	47.3%	2	2
—	—	—	—	—	—	18.00	0.03	0.14	0.07	47.5%	76	62
—	—	—	—	—	—	19.00	0.07	0.14	0.12	37.9%	281	54
0	137	45.7%	2.50	2.35	2.66	20.00	0.16	0.24	0.22	34.2%	4,716	255
10	11	40.0%	1.64	1.46	1.84	21.00	0.43	0.46	0.43	32.4%	1,892	1,149
38	1,576	34.1%	1.10	1.01	1.10	22.00	0.79	0.85	0.78	31.7%	7,108	1,200
T $22.18
730	2,722	34.4%	0.58	0.58	0.68	23.00	1.30	1.43	1.34	32.0%	1,433	1,426
3,573	5,862	31.9%	0.33	0.31	0.33	24.00	2.00	2.15	2.06	31.9%	364	3,165
4,874	2,652	33.9%	0.15	0.15	0.20	25.00	2.82	3.05	2.92	35.5%	373	5,773
5,294	3,140	33.9%	0.09	0.08	0.10	26.00	3.70	4.30	3.90	55.3%	51	2,318
6,120	548	36.7%	0.05	0.04	0.07	27.00	4.30	5.15	4.72	55.1%	5	165
9,572	398	37.7%	0.04	0.02	0.04	28.00	5.50	6.75	4.05	60.1%	4	210
8,036	62	37.9%	0.01	0.01	0.02	29.00	5.75	8.05	2.89	108.7%	—	12
2,360	1	56.1%	0.04	0.01	0.21	30.00	6.65	8.65	4.50	98.7%	1	132
284	3	63.3%	0.07	0.00	0.27	31.00	7.65	9.70	4.65	107.0%	8	4
238	10	58.2%	0.02	0.00	0.12	32.00	8.65	11.05	5.60	52.3%	—	5
—	—	—	—	—	—	33.00	9.65	11.70	6.55	118.4%	—	3
—	—	—	—	—	—	34.00	10.65	12.70	7.55	123.6%	—	9
13	10	54.7%	0.01	0.00	0.02	35.00	—	—	—	—	—	—

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 T put/call ratio?

For the November 20, 2026 expiration, the T put/call ratio based on open interest is 0.39 (15,984 puts vs 41,144 calls), and 0.95 based on today's volume. A ratio above 1 means more puts than calls.

What is T's implied volatility?

At-the-money implied volatility for T options expiring November 20, 2026 is about 32.9%, an annualized estimate of how much the market expects AT&T stock to move.

How many T option expiration dates are there?

T has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.