NBT Bancorp Inc. (NBTB) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
NBT Bancorp Inc. (NBTB) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $2.58B, listed on NASDAQ, employing roughly 2,303 people, carrying a beta of 0.50 to the broader market. NBT Bancorp Inc. Led by Scott A. Kingsley, public since 1992-03-17.
Snapshot as of Jun 30, 2026.
- Spot Price
- $49.38
- Total OI
- 331
- Total Volume
- 0
- Front Expiration
- 17 days
- Second Expiration
- 52 days
- ATM IV
- 58.2%
- Avg Bid/Ask Spread
- 52.62%
As of Jun 30, 2026, NBT Bancorp Inc. (NBTB) has 331 open contracts and 0 contracts traded. The nearest expiration is 17 days out, followed by 52 days. ATM implied volatility is 58.2%. Average bid/ask spread across the chain is 52.62%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How NBTB options chain Data Feeds Strategy Selection
Strategy selection on NBT Bancorp Inc. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 58.2% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the NBTB chain depth
The listed-expirations table above shows every expiration available for NBT Bancorp Inc. options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. NBTB front expiration sits at 17 days - the typical hedging horizon for monthly options. The backwardated slope of -0.375 means near-dated IV is pricing acute event risk.
NBTB chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the NBTB chain is 52.62% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the NBTB chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. NBTB's current 16.69% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
NBTB listed expirations
Per-expiration ATM implied volatility for NBTB options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| Jul 17, 2026 | 17 | 58.2% |
| Aug 21, 2026 | 52 | 20.7% |
| Nov 20, 2026 | 143 | 31.6% |
| Feb 19, 2027 | 234 | 28.8% |
Frequently asked NBTB options chain questions
- What does the NBTB options chain show right now?
- As of Jun 30, 2026, NBT Bancorp Inc. (NBTB) has 331 contracts outstanding and 0 traded today, with ATM IV of 58.2%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for NBTB options?
- The nearest expiration is 17 days out, followed by 52 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are NBTB options bid/ask spreads?
- Average bid/ask spread across the chain is 52.62%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.