Verizon Communications (VZ) Options Chain

NYSE: VZTelecommunicationsTelecommunications EquipmentUSD

41.65-3.99 (-8.75%)

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

Expiration date

Expiration: Oct 23, 2026
Days to expiration: 12
Share price: $41.65
Put/call ratio (OI): 0.82
Put/call ratio (volume): 1.41
ATM implied volatility: 32.4%
Expected move: ±$2.45
Open interest (C / P): 6.11K / 5.01K

VZ options summary

The VZ options chain for the October 23, 2026 expiration lists 30 call and 24 put contracts, with 12 days until expiration. Open interest stands at 6,105 calls and 5,012 puts, a put/call ratio of 0.82, which is fairly balanced between calls and puts. At-the-money implied volatility near the $42.00 strike is 32.4%, which implies the market expects a move of about ±$2.45 (5.9%) in Verizon Communications stock by expiration.

The most open interest sits at the $50.00 call (1.11K contracts) and the $45.00 put (1.87K contracts).

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

VZ options chain · October 23, 2026

VZ 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	230	93.4%	16.65	10.55	12.90	30.00	0.00	0.02	0.01	70.3%	1	3
0	326	54.7%	11.90	5.55	7.90	35.00	0.00	0.03	0.04	46.5%	894	10
0	231	108.2%	10.75	4.50	6.75	36.00	—	—	—	—	—	—
0	130	76.2%	9.75	3.70	5.30	37.00	0.00	0.20	0.05	51.1%	7	10
0	5	65.3%	3.65	2.65	4.30	38.00	—	—	—	—	—	—
0	17	56.3%	2.69	2.35	3.35	39.00	—	—	—	—	—	—
0	25	63.0%	2.18	1.50	2.87	40.00	0.29	0.37	0.33	31.9%	966	133
0	907	45.7%	1.43	1.25	1.77	41.00	0.53	0.71	0.60	32.2%	3,963	167
VZ $41.65
0	1,043	33.2%	0.80	0.74	0.88	42.00	0.98	1.18	1.05	31.6%	654	93
70	1,018	30.8%	0.39	0.38	0.45	43.00	1.52	1.91	2.12	34.8%	194	216
202	610	34.1%	0.20	0.10	0.30	44.00	2.34	2.75	2.43	38.4%	247	498
63	372	34.4%	0.08	0.06	0.16	45.00	3.25	3.45	3.33	30.3%	1,257	1,871
965	707	44.3%	0.04	0.00	0.21	46.00	4.10	4.90	4.58	61.4%	39	523
776	48	37.9%	0.03	0.01	0.06	47.00	4.65	5.90	5.73	69.0%	6	625
942	156	35.9%	0.01	0.00	0.02	48.00	5.70	6.95	6.85	78.7%	11	120
713	26	40.2%	0.01	0.00	0.02	49.00	6.60	7.85	6.10	80.6%	16	140
1,111	39	40.6%	0.01	0.00	0.01	50.00	7.60	9.65	8.25	73.3%	2	247
398	58	48.4%	0.01	0.00	0.02	51.00	8.75	10.55	8.12	80.8%	16	217
220	2	48.4%	0.02	0.00	0.01	52.00	9.60	11.70	6.71	86.2%	6	4
215	1	51.6%	0.01	0.00	0.01	53.00	—	—	—	—	—	—
38	2	78.1%	0.01	0.00	0.22	54.00	11.40	13.70	8.68	88.1%	6	1
314	1	82.4%	0.01	0.00	0.22	55.00	12.35	14.70	9.71	90.2%	24	11
18	3	86.7%	0.03	0.00	0.22	56.00	13.40	15.70	10.92	97.3%	28	19
12	—	68.0%	0.14	0.00	0.03	57.00	14.35	16.70	11.88	99.0%	2	33
30	1	94.9%	0.01	0.00	0.22	58.00	—	—	—	—	—	—
7	1	75.0%	0.01	0.00	0.03	59.00	—	—	—	—	—	—
7	1	136.7%	0.08	0.00	0.91	60.00	17.60	19.70	14.85	124.2%	4	22
1	1	171.9%	0.01	0.00	1.91	61.00	18.55	20.70	15.82	126.2%	32	16
1	1	174.2%	0.01	0.00	1.82	62.00	19.40	21.70	16.85	122.3%	4	20
2	2	82.8%	0.01	0.00	0.02	63.00	20.60	22.70	17.84	136.5%	2	13

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 VZ put/call ratio?

For the October 23, 2026 expiration, the VZ put/call ratio based on open interest is 0.82 (5,012 puts vs 6,105 calls), and 1.41 based on today's volume. A ratio above 1 means more puts than calls.

What is VZ's implied volatility?

At-the-money implied volatility for VZ options expiring October 23, 2026 is about 32.4%, an annualized estimate of how much the market expects Verizon Communications stock to move.

How many VZ option expiration dates are there?

VZ 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.