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 17, 2027
Days to expiration: 432
Share price: $41.65
Put/call ratio (OI): 0.61
Put/call ratio (volume): 1.27
ATM implied volatility: 28.3%
Expected move: ±$12.83
Open interest (C / P): 19.65K / 11.98K

VZ options summary

The VZ options chain for the December 17, 2027 expiration lists 20 call and 19 put contracts, with 432 days until expiration. Open interest stands at 19,653 calls and 11,978 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $42.00 strike is 28.3%, which implies the market expects a move of about ±$12.83 (30.8%) in Verizon Communications stock by expiration.

The most open interest sits at the $50.00 call (2.74K contracts) and the $35.00 put (3.56K contracts).

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

VZ options chain · December 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
0	1	106.0%	27.60	24.00	29.00	20.00	0.00	0.27	0.10	41.1%	10	79
0	4	64.8%	22.45	18.50	23.50	23.00	0.00	0.77	0.18	44.3%	1	92
0	2	60.1%	18.30	14.50	19.20	25.00	0.29	0.55	0.51	35.7%	2	279
0	1	52.5%	15.50	11.80	16.40	28.00	0.51	1.01	0.44	35.3%	10	366
1	25	31.6%	12.30	11.20	12.75	30.00	0.98	1.15	1.13	32.1%	60	250
14	7	29.3%	9.20	8.55	10.25	33.00	1.46	1.85	1.72	31.4%	45	830
201	2	28.0%	10.95	8.30	8.70	35.00	2.20	2.45	2.25	30.9%	228	3,561
1,311	58	29.4%	6.40	6.15	7.10	38.00	3.00	3.60	3.35	30.4%	22	1,575
1,004	38	26.8%	5.15	5.20	5.60	40.00	3.90	4.35	4.37	29.1%	126	1,872
VZ $41.65
1,809	77	26.6%	4.40	4.05	4.65	42.00	4.95	5.60	5.38	30.0%	602	741
1,997	161	26.6%	3.20	2.95	3.50	45.00	6.05	7.40	6.95	29.7%	34	1,155
1,554	148	25.8%	2.60	2.43	2.72	47.00	8.00	9.30	5.75	32.8%	10	486
2,743	208	26.6%	1.87	1.88	2.11	50.00	10.15	10.75	7.75	28.4%	2	393
1,366	43	25.9%	1.33	1.20	1.52	52.50	10.50	13.30	8.85	32.0%	9	69
1,410	21	26.8%	1.09	0.92	1.27	55.00	12.50	15.80	8.55	35.0%	1	217
1,953	2	28.5%	0.81	0.60	1.17	57.50	12.10	14.75	11.79	—	4	5
1,678	74	25.9%	0.62	0.60	0.65	60.00	0.00	0.00	13.85	—	3	0
1,959	1	27.0%	0.37	0.32	0.43	65.00	21.50	24.85	22.15	37.8%	2	2
270	48	36.5%	0.29	0.05	0.95	70.00	24.00	28.50	25.29	25.0%	2	6
383	5	27.3%	0.15	0.00	0.15	75.00	—	—	—	—	—	—

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 December 17, 2027 expiration, the VZ put/call ratio based on open interest is 0.61 (11,978 puts vs 19,653 calls), and 1.27 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 17, 2027 is about 28.3%, 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.