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: Mar 19, 2027
Days to expiration: 159
Share price: $41.65
Put/call ratio (OI): 0.74
Put/call ratio (volume): 0.25
ATM implied volatility: 29.0%
Expected move: ±$7.97
Open interest (C / P): 22.33K / 16.53K

VZ options summary

The VZ options chain for the March 19, 2027 expiration lists 12 call and 12 put contracts, with 159 days until expiration. Open interest stands at 22,330 calls and 16,530 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $40.00 strike is 29.0%, which implies the market expects a move of about ±$7.97 (19.1%) in Verizon Communications stock by expiration.

The most open interest sits at the $52.50 call (6.10K contracts) and the $45.00 put (6.22K contracts).

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

VZ options chain · March 19, 2027

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	1	50.7%	21.44	14.95	18.95	25.00	0.01	0.21	0.11	47.0%	5	9
0	18	52.0%	11.74	11.30	12.75	30.00	0.06	0.24	0.27	33.5%	27	1,092
773	20	37.5%	7.30	7.20	8.00	35.00	0.67	0.80	0.80	30.1%	340	2,660
509	2,371	29.8%	4.00	3.85	4.10	40.00	2.08	2.28	2.25	28.2%	955	5,105
VZ $41.65
1,730	1,197	28.5%	1.80	1.60	1.85	45.00	4.70	5.15	4.97	28.0%	375	6,219
6,040	2,198	29.7%	0.76	0.60	0.85	50.00	8.60	9.55	9.07	34.0%	26	1,273
6,101	205	28.0%	0.38	0.31	0.44	52.50	10.05	12.50	11.60	44.1%	5	54
2,088	100	30.7%	0.21	0.15	0.38	55.00	12.80	14.70	10.45	45.2%	1	7
3,400	1,089	33.3%	0.13	0.09	0.34	57.50	15.45	16.80	16.26	43.9%	30	58
1,435	21	32.6%	0.10	0.06	0.20	60.00	17.60	19.75	9.70	53.8%	6	21
151	1	35.6%	0.14	0.00	0.14	65.00	0.00	0.00	17.20	—	—	0
103	2	51.6%	0.01	0.00	0.51	70.00	27.10	29.75	28.50	67.0%	6	32

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 March 19, 2027 expiration, the VZ put/call ratio based on open interest is 0.74 (16,530 puts vs 22,330 calls), and 0.25 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 March 19, 2027 is about 29.0%, 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.