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: Dec 18, 2026
Days to expiration: 68
Share price: $41.65
Put/call ratio (OI): 0.81
Put/call ratio (volume): 0.73
ATM implied volatility: 28.7%
Expected move: ±$5.16
Open interest (C / P): 76.38K / 61.99K

VZ options summary

The VZ options chain for the December 18, 2026 expiration lists 25 call and 25 put contracts, with 68 days until expiration. Open interest stands at 76,375 calls and 61,989 puts, a put/call ratio of 0.81, which is fairly balanced between calls and puts. At-the-money implied volatility near the $42.00 strike is 28.7%, which implies the market expects a move of about ±$5.16 (12.4%) in Verizon Communications stock by expiration.

The most open interest sits at the $50.00 call (13.07K contracts) and the $42.00 put (14.24K contracts).

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

VZ options chain · December 18, 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	6	102.2%	21.50	20.80	23.00	20.00	0.00	0.04	0.01	69.5%	5	1,190
0	1	89.9%	23.49	17.50	20.45	23.00	0.00	0.04	0.01	57.0%	20	179
0	1	65.2%	17.30	15.50	18.05	25.00	0.00	0.05	0.03	51.2%	8	984
0	6	56.1%	18.41	12.55	15.10	28.00	0.00	0.06	0.06	46.3%	1	769
30	4	50.6%	11.92	10.60	13.15	30.00	0.02	0.15	0.04	46.4%	1,082	3,705
3	4	74.0%	8.76	7.75	10.25	33.00	0.07	0.25	0.16	39.5%	266	970
483	30	48.3%	7.00	6.75	7.55	35.00	0.12	0.28	0.25	32.6%	869	5,616
1,741	191	37.6%	4.30	4.45	4.80	38.00	0.59	0.63	0.63	28.2%	765	3,725
1,036	345	34.0%	3.20	3.05	3.30	40.00	1.09	1.20	1.15	27.3%	1,732	8,749
112	443	34.3%	2.52	2.42	2.78	41.00	1.46	1.65	1.57	27.5%	501	2,666
VZ $41.65
5,225	912	30.7%	2.04	1.95	2.04	42.00	1.93	2.10	2.06	26.7%	610	14,238
1,321	607	30.6%	1.48	1.43	1.62	43.00	2.41	2.88	2.45	29.4%	189	1,908
878	690	29.5%	1.18	1.15	1.20	44.00	2.93	3.45	3.23	28.1%	509	4,366
10,200	1,702	29.4%	0.82	0.82	0.91	45.00	3.75	4.25	4.00	29.2%	203	4,347
4,294	195	29.6%	0.64	0.58	0.70	46.00	4.55	5.15	4.82	31.4%	28	1,695
5,246	822	29.1%	0.45	0.40	0.50	47.00	4.90	6.55	6.11	41.9%	145	2,222
2,255	392	29.3%	0.31	0.29	0.37	48.00	6.05	7.10	6.79	37.4%	16	1,109
2,127	280	30.2%	0.22	0.18	0.30	49.00	6.20	8.55	5.80	48.8%	4	1,233
13,075	1,604	29.3%	0.19	0.14	0.19	50.00	7.35	9.60	8.59	53.0%	71	1,869
12,558	1,018	38.9%	0.09	0.06	0.30	52.50	9.65	12.20	7.04	62.4%	11	345
8,597	289	34.1%	0.02	0.02	0.08	55.00	12.15	14.70	9.74	69.3%	3	23
1,712	38	39.9%	0.02	0.01	0.10	57.50	13.95	17.20	12.20	75.6%	3	36
2,272	25	41.6%	0.01	0.00	0.07	60.00	16.70	19.70	14.80	81.5%	6	38
2,472	1	43.8%	0.01	0.00	0.03	65.00	13.70	16.70	21.60	—	1	4
738	50	59.5%	0.01	0.00	0.22	70.00	27.15	29.70	22.73	56.3%	1	3

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 December 18, 2026 expiration, the VZ put/call ratio based on open interest is 0.81 (61,989 puts vs 76,375 calls), and 0.73 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 December 18, 2026 is about 28.7%, 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.