BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVA) Open Interest

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVA) has 1,791 call contracts and 2,717 put contracts open across all listed expirations — a put/call open interest ratio of 1.52. Open interest counts the contracts currently outstanding at each strike. This page shows where BBVA positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$25.10
52-week range
$14.73 – $26.10
ATM IV (30d)
55.4%
IV rank
18 / 100
Low
Expected move
±$1.92 (±7.7%)
Put/call OI
1.52
Put-heavy
Max pain
$22.5
↓ 10.4% below close

BBVA Open Interest by Strike

0551.71.1K1.7KSpotMax painCall wallPut wall2022.502530

BBVA open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest1,791
Total put open interest2,717
Put/call OI ratio1.52
Call wall (largest call OI)$25
Put wall (largest put OI)$20

BBVA Open Interest Trend

923.11.4K2K2.5K3KCall OIPut OIFeb '26May '26Jul '26

BBVA total call vs. put open interest, past year.

0.570.831.101.361.62Feb '26May '26Jul '26

BBVA put/call open interest ratio, past year.

A put/call open interest ratio of 1.52 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 1,791 call contracts and 2,717 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.66 in Feb '26 to 1.52 today.

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BBVA Options FAQ

What is BBVA's put/call ratio?

BBVA's put/call open interest ratio is 1.52 as of Jul 10, 2026, with 2,717 put contracts and 1,791 call contracts outstanding.

Which BBVA strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $25 (the call wall) and the largest put open interest sits at $20 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.