AT&T (T) Options Chain

NYSE: TTelecommunicationsTelecommunications EquipmentUSD

22.18-2.41 (-9.81%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $22.18
Put/call ratio (OI): 0.68
Put/call ratio (volume): 0.19
ATM implied volatility: 31.2%
Expected move: ±$2.99
Open interest (C / P): 90.16K / 61.38K

T options summary

The T options chain for the December 18, 2026 expiration lists 25 call and 24 put contracts, with 68 days until expiration. Open interest stands at 90,155 calls and 61,378 puts, a put/call ratio of 0.68, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.00 strike is 31.2%, which implies the market expects a move of about ±$2.99 (13.5%) in AT&T stock by expiration.

The most open interest sits at the $26.00 call (22.51K contracts) and the $23.00 put (15.68K contracts).

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

T options chain · December 18, 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	9	114.8%	10.69	9.75	11.45	12.00	0.00	0.00	0.04	25.0%	1	0
10	31	81.3%	12.00	8.35	10.35	13.00	0.00	0.10	0.01	64.1%	28	5,637
1	15	124.2%	10.85	7.15	9.20	14.00	0.00	0.00	0.01	25.0%	12	0
2	3	55.3%	7.15	7.00	7.55	15.00	0.00	0.25	0.05	58.6%	1	1,240
1	1	191.0%	4.68	8.50	10.85	16.00	0.00	0.12	0.02	50.2%	7	401
0	152	71.2%	7.70	4.95	6.70	17.00	0.01	0.10	0.06	40.7%	16	1,666
55	410	56.8%	6.75	4.15	5.30	18.00	0.01	0.12	0.12	35.2%	73	1,447
20	700	58.7%	5.80	3.15	4.05	19.00	0.18	0.22	0.19	33.5%	107	1,191
622	450	45.4%	2.70	2.35	2.97	20.00	0.34	0.40	0.36	32.4%	246	5,865
2,557	235	41.4%	1.98	1.80	2.21	21.00	0.58	0.65	0.57	30.6%	664	5,423
4,606	2,637	33.4%	1.35	1.28	1.37	22.00	0.93	1.02	0.98	29.0%	870	5,670
T $22.18
4,700	1,419	32.4%	0.86	0.82	0.90	23.00	1.45	1.63	1.54	30.0%	364	15,676
6,521	1,287	31.1%	0.52	0.48	0.54	24.00	2.10	2.35	2.20	30.8%	430	3,234
8,169	4,786	30.1%	0.27	0.28	0.30	25.00	2.84	3.20	2.99	33.0%	148	8,391
22,512	764	30.1%	0.16	0.15	0.17	26.00	3.80	4.05	3.89	32.9%	47	1,300
16,757	1,685	30.6%	0.10	0.09	0.10	27.00	4.75	5.00	4.84	35.5%	14	3,228
5,343	429	33.2%	0.05	0.05	0.08	28.00	5.55	6.65	3.60	65.8%	3	142
2,888	209	35.9%	0.03	0.01	0.07	29.00	5.65	7.90	3.85	79.2%	3	24
8,617	501	39.5%	0.03	0.02	0.07	30.00	7.45	8.65	4.90	51.2%	2	802
529	41	35.2%	0.01	0.01	0.02	31.00	7.70	9.90	4.65	89.3%	—	17
2,820	11	47.1%	0.01	0.01	0.08	32.00	8.75	10.85	7.69	92.2%	1	11
158	13	54.7%	0.02	0.00	0.25	33.00	9.75	11.75	6.55	93.0%	—	8
115	10	66.9%	0.08	0.00	0.50	34.00	10.65	13.05	7.55	107.3%	—	4
1,689	25	45.3%	0.01	0.00	0.02	35.00	7.35	11.20	11.62	—	10	1
1,463	4	52.3%	0.01	0.00	0.02	40.00	—	—	—	—	—	—

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 December 18, 2026 expiration, the T put/call ratio based on open interest is 0.68 (61,378 puts vs 90,155 calls), and 0.19 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 December 18, 2026 is about 31.2%, 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.