AT&T Inc. (T) Options Chain
The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.
AT&T Inc. (T) operates in the Communication Services sector, specifically the Telecommunications Services industry, with a market capitalization near $166.31B, listed on NYSE, employing roughly 133,030 people, carrying a beta of 0.42 to the broader market. Globally, AT&T Inc. Led by John T. Stankey, public since 1983-11-21.
Snapshot as of Aug 14, 2026.
- Spot Price
- $24.88
- Total OI
- 1.2M
- Total Volume
- 80.3K
- Front Expiration
- 28 days
- Second Expiration
- 35 days
- ATM IV
- 22.0%
- Avg Bid/Ask Spread
- 15.80%
As of Aug 14, 2026, AT&T Inc. (T) has 1.2M open contracts and 80.3K contracts traded. The nearest expiration is 28 days out, followed by 35 days. ATM implied volatility is 22.0%. Average bid/ask spread across the chain is 15.80%: 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 T options chain Data Feeds Strategy Selection
Strategy selection on AT&T 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 22.0% 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 T chain depth
The listed-expirations table above shows every expiration available for AT&T 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. T front expiration sits at 28 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.010 means longer-dated tenors price in proportionally more IV.
T 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 T chain is 15.80% - 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 T 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. T's current 6.32% 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 →
T listed expirations
Per-expiration ATM implied volatility for T 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 |
|---|---|---|
| Aug 21, 2026 | 7 | 20.4% |
| Aug 28, 2026 | 14 | 21.4% |
| Sep 4, 2026 | 21 | 21.9% |
| Sep 11, 2026 | 28 | 21.7% |
| Sep 18, 2026 | 35 | 22.7% |
| Sep 25, 2026 | 42 | 23.7% |
| Oct 2, 2026 | 49 | 22.7% |
| Oct 16, 2026 | 63 | 25.1% |
| Nov 20, 2026 | 98 | 25.9% |
| Dec 18, 2026 | 126 | 25.8% |
| Jan 15, 2027 | 154 | 27.0% |
| Mar 19, 2027 | 217 | 27.0% |
| Jun 17, 2027 | 307 | 27.2% |
| Oct 15, 2027 | 427 | 28.2% |
| Jan 21, 2028 | 525 | 28.0% |
| Apr 21, 2028 | 616 | 28.3% |
T most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $24.00 | Aug 21, 2026 | 14.7K | 3.4K | 24.0% | $0.05 | $0.06 |
Top 1 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked T options chain questions
- What does the T options chain show right now?
- As of Aug 14, 2026, AT&T Inc. (T) has 1.2M contracts outstanding and 80.3K traded today, with ATM IV of 22.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for T options?
- The nearest expiration is 28 days out, followed by 35 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are T options bid/ask spreads?
- Average bid/ask spread across the chain is 15.80%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.