248 calls and 55 puts traded on Nov 4, 2026, 303 contracts in total. Open interest was 22.07K contracts. Over the past 30 days, volume averaged 367 contracts per day. The WAL option volume chart shows volume by strike and expiration date.

Western Alliance Bancorporation IV rank is 4, so its 30-day implied volatility of 33.3% is near the bottom of its one-year range. Over the past year it ranged from 28.0% on Dec 24, 2025 to 150.4% on Jan 16, 2026. See the WAL implied volatility history for a longer view.

The Western Alliance Bancorporation put/call volume ratio was 0.22 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.43. The WAL open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Western Alliance Bancorporation options about one week from expiration was $77.59, 2.1% below the $79.28 close. The WAL max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 33.6%, options price a move of about ±$3.69 (±4.7%) over the next week, a range of roughly $75.59 to $82.97 from the Nov 4, 2026 close. The WAL expected move chart shows it for every expiration date.