U.S. Bancorp (USB) Options Chain

NYSE: USBFinanceMajor BanksUSD

57.08+0.05 (+0.09%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $57.08
Put/call ratio (OI): 0.96
Put/call ratio (volume): 2.31
ATM implied volatility: 26.3%
Expected move: ±$9.90
Open interest (C / P): 8.94K / 8.57K

USB options summary

The USB options chain for the March 19, 2027 expiration lists 19 call and 15 put contracts, with 159 days until expiration. Open interest stands at 8,936 calls and 8,567 puts, a put/call ratio of 0.96, which is fairly balanced between calls and puts. At-the-money implied volatility near the $57.50 strike is 26.3%, which implies the market expects a move of about ±$9.90 (17.3%) in U.S. Bancorp stock by expiration.

The most open interest sits at the $75.00 call (3.65K contracts) and the $57.50 put (2.25K contracts).

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

USB options chain · March 19, 2027

USB 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
—	—	—	—	—	—	30.00	0.00	0.00	0.04	25.0%	—	0
0	2	—	30.44	0.00	0.00	35.00	0.53	0.94	1.00	56.4%	50	53
3	3	104.5%	24.03	23.10	26.40	37.50	0.99	1.38	1.13	57.5%	3	6
2	2	51.9%	16.91	17.00	19.70	40.00	0.01	0.56	0.27	40.7%	543	815
—	—	—	—	—	—	42.50	0.30	0.48	0.40	33.8%	1,420	1,750
73	101	39.1%	18.07	12.30	13.35	45.00	0.49	0.67	0.55	31.5%	3	335
285	1	36.0%	10.95	10.20	11.15	47.50	0.72	0.97	0.61	29.8%	1	65
313	5	33.6%	9.51	7.95	9.10	50.00	1.06	1.34	1.47	27.7%	2	250
102	2	31.1%	6.45	6.45	7.15	52.50	1.63	1.96	1.86	26.5%	4	957
60	6	29.6%	4.55	5.15	5.50	55.00	2.45	2.84	2.69	25.6%	1	871
USB $57.08
873	150	27.5%	3.74	3.80	3.95	57.50	3.60	4.00	4.30	25.1%	4	2,247
265	1	27.1%	2.70	2.45	2.88	60.00	4.95	5.40	5.01	24.4%	2	691
773	306	26.5%	1.89	1.80	2.01	62.50	6.55	7.00	7.33	23.3%	6	446
783	1	26.0%	1.23	1.19	1.36	65.00	8.50	8.85	8.50	22.3%	40	66
457	16	25.8%	0.79	0.77	0.91	67.50	—	—	—	—	—	—
952	248	25.5%	0.53	0.48	0.59	70.00	—	—	—	—	—	—
60	1	25.8%	0.35	0.30	0.40	72.50	11.05	11.65	11.65	—	—	15
3,649	1	25.8%	0.13	0.15	0.26	75.00	—	—	—	—	—	—
266	3	31.4%	0.15	0.03	0.31	80.00	—	—	—	—	—	—
0	30	12.5%	0.46	0.00	0.00	85.00	—	—	—	—	—	—
20	20	38.5%	0.33	0.08	0.27	90.00	—	—	—	—	—	—

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 USB put/call ratio?

For the March 19, 2027 expiration, the USB put/call ratio based on open interest is 0.96 (8,567 puts vs 8,936 calls), and 2.31 based on today's volume. A ratio above 1 means more puts than calls.

What is USB's implied volatility?

At-the-money implied volatility for USB options expiring March 19, 2027 is about 26.3%, an annualized estimate of how much the market expects U.S. Bancorp stock to move.

How many USB option expiration dates are there?

USB has 15 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.