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: Sep 17, 2027
Days to expiration: 341
Share price: $41.65
Put/call ratio (OI): 0.61
Put/call ratio (volume): 5.78
ATM implied volatility: 28.9%
Expected move: ±$11.62
Open interest (C / P): 14.92K / 9.07K

VZ options summary

The VZ options chain for the September 17, 2027 expiration lists 15 call and 12 put contracts, with 341 days until expiration. Open interest stands at 14,921 calls and 9,071 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $43.00 strike is 28.9%, which implies the market expects a move of about ±$11.62 (27.9%) in Verizon Communications stock by expiration.

The most open interest sits at the $50.00 call (7.32K contracts) and the $43.00 put (2.77K contracts).

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

VZ options chain · September 17, 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
—	—	—	—	—	—	25.00	0.12	0.37	0.35	36.5%	4	7
—	—	—	—	—	—	28.00	0.32	0.75	0.59	36.1%	12	1
0	6	43.7%	11.79	10.70	13.50	30.00	0.62	1.00	0.40	34.5%	6	176
1	6	39.3%	13.61	8.35	10.95	33.00	0.77	1.42	1.37	31.4%	244	35
316	5	31.6%	8.40	7.35	8.70	35.00	1.60	2.00	1.90	31.2%	181	1,108
2	11	28.3%	6.04	5.80	6.40	38.00	2.71	2.90	2.75	29.4%	44	2,589
100	134	27.9%	4.95	4.65	5.25	40.00	3.40	4.15	3.65	31.5%	3,586	870
VZ $41.65
293	47	27.3%	3.55	3.35	3.80	43.00	4.90	5.65	5.42	30.4%	27	2,768
474	174	27.2%	2.91	2.56	3.05	45.00	6.20	7.15	6.72	31.9%	20	722
1,159	21	27.0%	2.16	1.98	2.41	47.00	7.50	8.15	8.14	29.6%	5	265
7,315	115	27.0%	1.44	1.50	1.69	50.00	9.70	11.20	8.50	35.1%	1	412
557	55	28.9%	1.12	0.64	1.48	52.50	10.95	13.55	8.55	37.8%	2	118
233	60	27.0%	0.76	0.68	0.91	55.00	—	—	—	—	—	—
621	8	28.6%	0.52	0.25	0.81	57.50	—	—	—	—	—	—
2,132	69	29.6%	0.42	0.37	0.68	60.00	—	—	—	—	—	—
127	1	29.6%	0.34	0.00	0.38	65.00	—	—	—	—	—	—
1,591	3	44.0%	0.58	0.05	1.21	70.00	—	—	—	—	—	—

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 VZ put/call ratio?

For the September 17, 2027 expiration, the VZ put/call ratio based on open interest is 0.61 (9,071 puts vs 14,921 calls), and 5.78 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 September 17, 2027 is about 28.9%, 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.