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: Jan 15, 2027
Days to expiration: 96
Share price: $22.18
Put/call ratio (OI): 0.57
Put/call ratio (volume): 0.23
ATM implied volatility: 32.7%
Expected move: ±$3.72
Open interest (C / P): 181.23K / 102.54K

T options summary

The T options chain for the January 15, 2027 expiration lists 24 call and 23 put contracts, with 96 days until expiration. Open interest stands at 181,229 calls and 102,542 puts, a put/call ratio of 0.57, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.00 strike is 32.7%, which implies the market expects a move of about ±$3.72 (16.8%) in AT&T stock by expiration.

The most open interest sits at the $30.00 call (51.63K contracts) and the $25.00 put (23.86K contracts).

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

T options chain · January 15, 2027

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
1	10	96.9%	10.34	9.80	11.40	12.00	—	—	—	—	—	—
9	45	78.5%	11.50	8.40	10.55	13.00	0.00	0.05	0.02	54.3%	4	3,158
0	2	69.5%	10.70	7.35	9.60	14.00	0.01	0.08	0.01	51.8%	1	968
131	500	61.1%	9.85	7.00	7.95	15.00	0.01	0.28	0.03	51.2%	114	3,682
0	1	65.9%	7.17	6.05	6.75	16.00	0.03	0.09	0.04	39.6%	42	434
8	22	53.3%	5.33	4.95	5.65	17.00	0.00	0.14	0.04	37.2%	1	3,149
157	1,303	67.7%	6.90	4.15	5.35	18.00	0.18	0.20	0.19	34.0%	183	5,357
213	2	60.6%	6.89	3.35	4.45	19.00	0.24	0.34	0.32	32.9%	92	1,295
11,098	301	36.7%	2.80	2.63	2.91	20.00	0.50	0.55	0.52	31.7%	763	12,113
10,083	262	36.1%	2.12	1.98	2.26	21.00	0.79	0.90	0.82	31.8%	856	11,822
5,517	13,250	32.6%	1.51	1.50	1.57	22.00	1.23	1.40	1.29	32.8%	3,302	18,469
T $22.18
4,692	2,078	32.0%	1.02	0.97	1.11	23.00	1.72	1.85	1.82	30.2%	134	2,498
5,933	566	29.9%	0.68	0.65	0.69	24.00	2.33	2.54	2.43	30.6%	124	3,068
22,761	3,382	29.5%	0.44	0.40	0.44	25.00	3.10	3.35	3.17	32.0%	249	23,859
5,293	566	29.2%	0.26	0.25	0.27	26.00	3.85	4.20	4.10	32.9%	18	1,411
24,800	1,529	30.8%	0.18	0.17	0.20	27.00	4.70	5.35	4.90	42.2%	3	8,741
2,725	253	45.8%	0.11	0.11	0.50	28.00	5.50	6.30	5.70	45.2%	4	56
7,320	498	32.6%	0.08	0.07	0.10	29.00	5.70	7.40	3.11	52.5%	15	40
51,635	944	37.1%	0.05	0.05	0.12	30.00	6.75	8.50	7.32	59.7%	2	2,302
386	18	38.7%	0.03	0.03	0.10	31.00	7.65	9.90	4.70	75.2%	2	2
11,537	576	41.4%	0.01	0.01	0.10	32.00	8.90	10.35	6.85	62.1%	10	92
204	3	43.4%	0.05	0.00	0.09	33.00	9.65	11.90	6.60	82.8%	—	6
7,865	7	43.8%	0.03	0.01	0.05	35.00	11.65	13.90	9.55	89.7%	1	3
8,861	23	47.7%	0.01	0.01	0.02	40.00	16.85	18.70	14.55	97.9%	1	17

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 January 15, 2027 expiration, the T put/call ratio based on open interest is 0.57 (102,542 puts vs 181,229 calls), and 0.23 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 January 15, 2027 is about 32.7%, 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.