VZ Options
VZ $43.26 · Updated Oct 26, 4:00 PM ET
VZ is at $43.26. The nearest expiration, Oct 30, 2026 (4 days out), lists 51 strikes, with 15,026 calls and 13,832 puts traded in the latest session. At-the-money implied volatility is 31.8%. The at-the-money straddle prices a move of about $1.20 (2.8%) by expiration.
VZ Options Chain
VZ is at $43.26. The nearest expiration, Oct 30, 2026 (4 days out), lists 51 strikes, with 15,026 calls and 13,832 puts traded in the latest session. At-the-money implied volatility is 31.8%. The at-the-money straddle prices a move of about $1.20 (2.8%) by expiration.
VZ Gamma Exposure (GEX)
VZ total dealer gamma exposure is -$4M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $43.22, with spot 0.1% above it. The call wall is $45.00 and the put wall $42.00.
VZ Max Pain
VZ max pain for Oct 30, 2026 (4 days out) is $44.50, 2.9% above the current $43.26. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $42.00.
VZ Put/Call Ratio
Across every listed VZ expiration, the put/call ratio is 0.81 by volume and 0.78 by open interest. More calls than puts are trading. 332,112 puts and 424,745 calls are open in total.
VZ Implied Volatility
VZ at-the-money implied volatility is 31.8% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 24.6%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
VZ Open Interest by Strike
Across all VZ expirations, the largest call open interest near the current $43.26 sits at the $45.00 strike (72,345 contracts) and the largest put open interest at $42.00 (54,903). 424,745 calls and 332,112 puts are open in total.
VZ Expected Move
The options market prices VZ to move about $1.20 (2.8%) by Oct 30, 2026, a range of $42.07 to $44.46. For Nov 27, 2026 (32 days out) the expected move is $2.52 (5.8%).