Williams Companies (WMB) Options Chain

NYSE: WMBUtilitiesNatural Gas DistributionUSD

72.67+0.33 (+0.46%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $72.67
Put/call ratio (OI): 0.64
Put/call ratio (volume): 0.32
ATM implied volatility: 29.7%
Expected move: ±$11.07
Open interest (C / P): 20.88K / 13.44K

WMB options summary

The WMB options chain for the January 15, 2027 expiration lists 24 call and 21 put contracts, with 96 days until expiration. Open interest stands at 20,884 calls and 13,438 puts, a put/call ratio of 0.64, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $75.00 strike is 29.7%, which implies the market expects a move of about ±$11.07 (15.2%) in Williams Companies stock by expiration.

The most open interest sits at the $75.00 call (4.33K contracts) and the $65.00 put (5.92K contracts).

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

WMB options chain · January 15, 2027

WMB 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
22	75	110.5%	47.50	46.00	49.90	25.00	0.00	1.55	0.25	135.2%	1	27
0	—	—	27.39	25.60	29.20	28.00	0.00	0.50	0.20	97.8%	2	0
3	10	95.8%	43.80	41.00	45.00	30.00	0.00	0.05	0.01	66.4%	2	269
0	6	—	31.94	25.50	30.50	33.00	0.00	0.10	0.05	64.8%	3	63
0	1	—	39.40	0.00	0.00	35.00	0.00	0.95	0.24	86.7%	10	66
1	25	87.3%	35.80	33.80	37.10	38.00	0.00	0.00	0.05	25.0%	5	0
323	3	71.3%	38.25	29.00	33.10	40.00	0.00	0.15	0.10	53.1%	2	391
13	10	62.8%	28.80	28.90	33.10	42.00	0.00	0.00	0.70	25.0%	1	0
7	3	86.3%	29.60	28.70	33.50	43.00	0.00	0.00	0.60	25.0%	40	0
116	1	65.7%	27.41	26.60	30.10	45.00	0.00	0.20	0.05	51.0%	5	177
151	2	60.8%	22.55	25.40	27.30	47.00	0.00	0.20	0.08	46.9%	2	191
352	1	50.5%	24.95	21.90	24.50	50.00	0.00	0.15	0.20	39.1%	5	891
679	1	51.0%	16.10	17.80	18.90	55.00	0.00	0.40	0.47	37.4%	1	532
985	12	45.8%	13.45	12.40	14.50	60.00	0.50	0.70	0.54	32.6%	3	758
2,901	19	34.2%	9.40	9.10	9.60	65.00	1.25	1.40	1.25	29.4%	1	5,919
1,808	59	31.7%	5.80	5.70	6.10	70.00	2.75	2.95	3.50	28.3%	1	887
WMB $72.67
4,332	80	30.1%	3.55	3.20	3.50	75.00	5.00	5.70	5.20	29.3%	25	3,243
3,892	23	30.3%	1.85	1.65	1.95	80.00	8.10	9.20	11.64	29.6%	5	19
2,160	1	29.6%	0.95	0.60	0.95	85.00	12.10	13.90	17.18	35.6%	5	4
2,032	28	31.1%	0.40	0.35	0.55	90.00	18.40	20.10	19.24	53.4%	1	1
885	7	33.1%	0.12	0.05	0.35	95.00	0.00	0.00	24.00	—	1	0
179	3	35.4%	0.10	0.00	0.25	100.00	—	—	—	—	—	—
29	1	38.0%	0.09	0.00	0.20	105.00	—	—	—	—	—	—
14	7	47.4%	0.75	0.00	0.40	110.00	—	—	—	—	—	—

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 WMB put/call ratio?

For the January 15, 2027 expiration, the WMB put/call ratio based on open interest is 0.64 (13,438 puts vs 20,884 calls), and 0.32 based on today's volume. A ratio above 1 means more puts than calls.

What is WMB's implied volatility?

At-the-money implied volatility for WMB options expiring January 15, 2027 is about 29.7%, an annualized estimate of how much the market expects Williams Companies stock to move.

How many WMB option expiration dates are there?

WMB has 15 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.