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Western Alliance Bancorporation WAL

FINANCIAL SERVICES · BANKS - REGIONAL
i

Market dataready · fetched 2026-11-07T03:01:06.100Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-07T00:00:00.000983501Z

FundamentalsAlpha Vantage · ready · quarter 2026-09-30 · fetched 2026-11-07T03:01:05.574520+00:00

Share price$75.55
1D+0.1%
AH$75.31$75.59$75.87$76.14$76.425:30 AM6:30 AM9:00 AM1:00 PM2:00 PMWAL
Sold putSold callAH

Western Alliance Bancorporation options

Live interpolated WAL call and put midpoint premiums by absolute delta.Western Alliance Bancorporation$0.38$2.11$3.83$5.56$7.29$67.73$71.62$75.51$79.41$83.3020Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive WAL spot · $75.55WAL PRICE$0.57$0.77$1.00$1.23$1.50$1.82$2.15$2.47$2.92$3.40$3.89$4.65$5.75$0.81$1.08$1.35$1.62$1.90$2.20$2.59$2.99$3.39$4.12$4.89$5.76$6.79
PutsExpensive1.12×
CallsCheap0.88×
SkewBearish+5.60 pp
Implied moveBearish±$4.74
TiltBearish10.3% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ80.4835.4%7.3%70.3346.4%8.0%
25Δ79.5135.3%6.3%71.4146.0%6.9%
30Δ78.7535.7%5.6%72.4945.6%5.8%
35Δ77.9836.1%4.8%73.3844.2%5.0%
40Δ77.2436.4%4.2%74.2742.7%4.2%
45Δ76.5536.8%3.7%75.1441.5%3.5%
50Δ75.8637.1%3.3%75.9041.0%3.0%
55Δ75.1737.4%2.8%76.6640.6%2.5%
60Δ74.4337.7%2.4%77.4340.2%2.0%
65Δ73.6738.0%2.0%78.4041.3%1.7%
70Δ72.9138.3%1.7%79.4042.7%1.4%
75Δ71.9239.9%1.3%80.5043.6%1.1%
80Δ70.6443.0%1.1%81.7544.0%0.8%

20Δ

Calls
Pseudo strike
80.48
IV
35.4%
B/E move
7.3%
Puts
Pseudo strike
70.33
IV
46.4%
B/E move
8.0%

25Δ

Calls
Pseudo strike
79.51
IV
35.3%
B/E move
6.3%
Puts
Pseudo strike
71.41
IV
46.0%
B/E move
6.9%

30Δ

Calls
Pseudo strike
78.75
IV
35.7%
B/E move
5.6%
Puts
Pseudo strike
72.49
IV
45.6%
B/E move
5.8%

35Δ

Calls
Pseudo strike
77.98
IV
36.1%
B/E move
4.8%
Puts
Pseudo strike
73.38
IV
44.2%
B/E move
5.0%

40Δ

Calls
Pseudo strike
77.24
IV
36.4%
B/E move
4.2%
Puts
Pseudo strike
74.27
IV
42.7%
B/E move
4.2%

45Δ

Calls
Pseudo strike
76.55
IV
36.8%
B/E move
3.7%
Puts
Pseudo strike
75.14
IV
41.5%
B/E move
3.5%

50Δ

Calls
Pseudo strike
75.86
IV
37.1%
B/E move
3.3%
Puts
Pseudo strike
75.90
IV
41.0%
B/E move
3.0%

55Δ

Calls
Pseudo strike
75.17
IV
37.4%
B/E move
2.8%
Puts
Pseudo strike
76.66
IV
40.6%
B/E move
2.5%

60Δ

Calls
Pseudo strike
74.43
IV
37.7%
B/E move
2.4%
Puts
Pseudo strike
77.43
IV
40.2%
B/E move
2.0%

65Δ

Calls
Pseudo strike
73.67
IV
38.0%
B/E move
2.0%
Puts
Pseudo strike
78.40
IV
41.3%
B/E move
1.7%

70Δ

Calls
Pseudo strike
72.91
IV
38.3%
B/E move
1.7%
Puts
Pseudo strike
79.40
IV
42.7%
B/E move
1.4%

75Δ

Calls
Pseudo strike
71.92
IV
39.9%
B/E move
1.3%
Puts
Pseudo strike
80.50
IV
43.6%
B/E move
1.1%

80Δ

Calls
Pseudo strike
70.64
IV
43.0%
B/E move
1.1%
Puts
Pseudo strike
81.75
IV
44.0%
B/E move
0.8%

Options history

IV · four-Friday blend33.59%
Daily close
WAL29.8%35.5%41.2%2026-08-10: 34.03%2026-08-11: 32.49%2026-08-12: 31.86%2026-08-13: 32.17%2026-08-14: 30.72%2026-08-17: 32.48%2026-08-18: 32.68%2026-08-19: 33.45%2026-08-20: 37.50%2026-08-21: 32.71%2026-08-24: 32.28%2026-08-25: 31.77%2026-08-26: 31.97%2026-08-27: 32.12%2026-08-28: 31.14%2026-08-31: 31.35%2026-09-01: 31.88%2026-09-02: 31.54%2026-09-03: 31.29%2026-09-04: 30.60%2026-09-08: 33.20%2026-09-09: 33.44%2026-09-10: 33.89%2026-09-11: 32.15%2026-09-14: 34.15%2026-09-15: 35.16%2026-09-16: 35.53%2026-09-18: 32.44%2026-09-21: 32.82%2026-09-22: 33.56%2026-09-23: 34.00%2026-09-24: 34.05%2026-09-25: 33.69%2026-09-28: 34.67%2026-09-29: 35.17%2026-09-30: 34.56%2026-10-01: 35.50%2026-10-02: 35.88%2026-10-05: 36.30%2026-10-06: 34.90%2026-10-07: 36.00%2026-10-08: 36.56%2026-10-09: 36.21%2026-10-12: 37.60%2026-10-13: 37.32%2026-10-14: 39.87%2026-10-15: 40.40%2026-10-16: 37.09%2026-10-19: 36.67%2026-10-20: 33.07%2026-10-21: 32.98%2026-10-22: 33.80%2026-10-23: 33.12%2026-10-26: 32.47%2026-10-27: 32.74%2026-10-28: 32.47%2026-10-29: 31.73%2026-10-30: 33.59%Aug 10Sep 21Oct 30
58 observations2026-08-10 — 2026-10-30
Table
DateIV (%)
34.03%
32.49%
31.86%
32.17%
30.72%
32.48%
32.68%
33.45%
37.50%
32.71%
32.28%
31.77%
31.97%
32.12%
31.14%
31.35%
31.88%
31.54%
31.29%
30.60%
33.20%
33.44%
33.89%
32.15%
34.15%
35.16%
35.53%
32.44%
32.82%
33.56%
34.00%
34.05%
33.69%
34.67%
35.17%
34.56%
35.50%
35.88%
36.30%
34.90%
36.00%
36.56%
36.21%
37.60%
37.32%
39.87%
40.40%
37.09%
36.67%
33.07%
32.98%
33.80%
33.12%
32.47%
32.74%
32.47%
31.73%
33.59%