Western Alliance Bancorp

WALNYSE · USD
79.43USD+1.63 (+2.10%)
645

Western Alliance Bancorp (WAL) Option Chain

As of September 16, 2026, Western Alliance Bancorp is trading at $79.43, a +2.10% change from the previous close. The nearest expiration is Sep 18, 2026. Implied volatility is 33.6%. IV Rank is 20%.

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Tracking the WAL option chain helps you see every strike and expiry on Western Alliance Bancorp in one view, so you can quickly identify the contracts that fit your thesis and your risk. Western Alliance Bancorp's option chain lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of WAL options activity at a glance. Use our scanner to monitor the WAL option chain in real time and filter for the WAL options trades that actually meet your criteria.

An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For WAL stock options, the chain shows side-by-side call and put data, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading the WAL option chain effectively means looking beyond the last price — implied volatility by strike, volume-to-open-interest ratios, and bid-ask spreads all tell you where WAL stock options are being actively traded and where they are not.

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans.

In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Credit spreads, long calls, iron condors, calendar trades — every strategy starts with the same raw material: a clean, complete option chain. Our scanner pulls Western Alliance Bancorp's full chain across every expiry, highlights the most liquid strikes, and lets you screen WAL options by the metrics that matter, from IV skew to volume surges. Stop scrolling through endless rows of WAL stock options — let the full option chain come to you, pre-filtered and ready to trade.

Stock Statistics

  • IndustryBanks - Regional
  • SectorFinancial
  • IV percentile95.63% Elevated
  • Market cap (M$)8,488
  • 52 weeks high-19.98%
  • 52 weeks low18.20%
  • Analyst recommendationBuy
    1.62
  • Target price$92.25
    16.14% above the current stock price
  • Dividend
  • Payout ratio17.86%
  • Earnings date2026-10-20
  • P/E8.77
  • Future P/E7.00
  • EPS (ttm)8.88
  • EPS growth next 5 years13.13%

As of September 16, 2026

2026-09-18
5 strikes
Default
CALLsPUTs
Prob. OTM %Open InterestVolumeExtrinsic ValueIntrinsic ValueBidAskStrikeMoneyness %BidAskIntrinsic ValueExtrinsic ValueVolumeOpen InterestProb. OTM %
5.60860-1.864.431.953.2075.00-3.600.150.400.000.28211,18294.40
43.47651-0.981.930.651.2577.50-0.390.651.200.000.93123256.53
88.7823600.230.000.050.4080.00+2.832.153.700.572.361011911.22
99.4615150.300.000.3082.50+6.043.906.103.071.9302870.54
99.9925450.250.000.2585.00+9.256.508.605.571.9806650.01

As of September 16, 2026

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