36 calls and 27 puts traded on Nov 4, 2026, 63 contracts in total. Open interest was 8.18K contracts. Over the past 30 days, volume averaged 206 contracts per day. The MTB option volume chart shows volume by strike and expiration date.

M&T Bank IV rank is 4, so its 30-day implied volatility of 25.1% is near the bottom of its one-year range. Over the past year it ranged from 18.7% on Feb 2, 2026 to 161.0% on Jan 16, 2026. See the MTB implied volatility history for a longer view.

The M&T Bank put/call volume ratio was 0.75 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.58. The MTB open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for M&T Bank options about one week from expiration was $220.57, 1.8% below the $224.68 close. The MTB max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 26.7%, options price a move of about ±$8.32 (±3.7%) over the next week, a range of roughly $216.36 to $233.00 from the Nov 4, 2026 close. The MTB expected move chart shows it for every expiration date.