Zions Bancorporation N.A. (ZION) Options Chain

NASDAQ: ZIONFinanceMajor BanksUSD

62.49-0.24 (-0.38%)

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

Expiration date

Expiration: Feb 19, 2027
Days to expiration: 131
Share price: $62.49
Put/call ratio (OI): 2.13
Put/call ratio (volume): 2.27
ATM implied volatility: 31.4%
Expected move: ±$11.75
Open interest (C / P): 1.43K / 3.04K

ZION options summary

The ZION options chain for the February 19, 2027 expiration lists 9 call and 14 put contracts, with 131 days until expiration. Open interest stands at 1,425 calls and 3,036 puts, a put/call ratio of 2.13, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $62.50 strike is 31.4%, which implies the market expects a move of about ±$11.75 (18.8%) in Zions Bancorporation N.A. stock by expiration.

The most open interest sits at the $67.50 call (307 contracts) and the $62.50 put (2.20K contracts).

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

ZION options chain · February 19, 2027

ZION 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
—	—	—	—	—	—	37.50	0.05	0.50	0.17	50.4%	1	3
8	8	50.1%	28.55	21.50	24.40	40.00	—	—	—	—	—	—
—	—	—	—	—	—	42.50	0.15	0.60	0.25	47.5%	3	9
—	—	—	—	—	—	45.00	0.30	0.60	0.33	41.9%	1	2
—	—	—	—	—	—	47.50	0.45	0.80	0.65	39.6%	1	5
—	—	—	—	—	—	50.00	0.70	1.10	0.90	37.9%	1	1
—	—	—	—	—	—	55.00	1.65	1.85	1.85	33.3%	7	154
—	—	—	—	—	—	57.50	2.30	2.60	2.55	32.6%	11	19
—	—	—	—	—	—	60.00	2.95	3.40	3.10	30.9%	7	60
ZION $62.49
96	3	32.8%	4.60	4.40	4.90	62.50	4.20	4.50	4.50	30.0%	3	2,196
38	3	30.4%	3.40	3.20	3.50	65.00	5.50	5.80	5.60	29.0%	1	238
307	20	30.4%	2.40	2.30	2.65	67.50	6.60	7.70	7.00	30.8%	10	131
296	9	29.5%	1.70	1.60	1.85	70.00	8.40	9.70	6.90	32.1%	15	152
204	1	28.7%	1.15	1.10	1.25	72.50	10.20	11.80	6.60	33.3%	1	19
133	1	30.5%	0.70	0.50	1.05	75.00	12.30	14.00	8.00	34.6%	47	47
47	2	30.4%	1.10	0.15	0.75	77.50	—	—	—	—	—	—
296	1	30.0%	0.30	0.15	0.50	80.00	—	—	—	—	—	—

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 ZION put/call ratio?

For the February 19, 2027 expiration, the ZION put/call ratio based on open interest is 2.13 (3,036 puts vs 1,425 calls), and 2.27 based on today's volume. A ratio above 1 means more puts than calls.

What is ZION's implied volatility?

At-the-money implied volatility for ZION options expiring February 19, 2027 is about 31.4%, an annualized estimate of how much the market expects Zions Bancorporation N.A. stock to move.

How many ZION option expiration dates are there?

ZION has 8 listed expiration dates, from Oct 16, 2026 to Dec 15, 2028.

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.