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 21, 2028
Days to expiration: 468
Share price: $72.67
Put/call ratio (OI): 0.28
Put/call ratio (volume): 1.07
ATM implied volatility: 29.5%
Expected move: ±$24.28
Open interest (C / P): 6.82K / 1.92K

WMB options summary

The WMB options chain for the January 21, 2028 expiration lists 18 call and 15 put contracts, with 468 days until expiration. Open interest stands at 6,820 calls and 1,924 puts, a put/call ratio of 0.28, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $75.00 strike is 29.5%, which implies the market expects a move of about ±$24.28 (33.4%) in Williams Companies stock by expiration.

The most open interest sits at the $100.00 call (1.19K contracts) and the $60.00 put (844 contracts).

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

WMB options chain · January 21, 2028

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
57	1	52.7%	45.60	38.50	43.50	30.00	0.10	0.35	0.30	44.1%	12	178
4	6	59.5%	37.90	36.00	40.00	35.00	0.05	0.40	0.50	38.1%	5	17
113	2	47.6%	29.41	32.30	34.60	40.00	0.45	1.00	0.80	39.5%	3	24
12	1	50.7%	25.02	28.00	31.30	45.00	1.15	1.50	1.60	37.1%	2	147
98	1	39.1%	22.00	24.70	25.60	50.00	0.00	0.00	1.77	6.3%	5	0
151	8	39.4%	17.40	20.20	22.20	55.00	2.35	2.65	3.00	30.9%	4	35
262	2	36.7%	13.62	16.90	18.40	60.00	3.40	3.90	4.76	29.7%	1	844
344	1	37.1%	14.37	14.10	15.70	65.00	4.90	5.50	6.69	28.5%	2	413
1,003	2	32.8%	11.58	11.30	11.90	70.00	6.90	7.50	8.00	27.3%	4	136
WMB $72.67
506	3	32.9%	9.27	8.90	9.80	75.00	9.20	9.90	10.60	26.1%	1	30
959	23	31.7%	5.30	6.90	7.60	80.00	12.10	12.70	13.82	24.9%	1	30
1,048	17	31.3%	4.90	5.10	6.00	85.00	16.70	18.50	14.50	31.9%	1	68
121	18	30.7%	4.25	4.00	4.60	90.00	0.00	0.00	19.98	—	72	0
187	1	30.6%	3.30	2.95	3.60	95.00	24.60	26.70	22.10	33.4%	1	2
1,191	18	30.3%	2.56	2.25	2.75	100.00	—	—	—	—	—	—
460	1	30.5%	2.15	1.70	2.20	105.00	—	—	—	—	—	—
91	1	31.6%	1.70	1.25	1.95	110.00	—	—	—	—	—	—
213	1	31.1%	1.30	0.95	1.45	115.00	—	—	43.00	—	—	—

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 21, 2028 expiration, the WMB put/call ratio based on open interest is 0.28 (1,924 puts vs 6,820 calls), and 1.07 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 21, 2028 is about 29.5%, 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.