Banco Santander S.A. Sponsored (SAN) Options Chain
NYSE: SANFinanceCommercial BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $13.49
- Put/call ratio (OI)
- 0.55
- Put/call ratio (volume)
- 0.52
- Expected move
- ±$2.49
- Open interest (C / P)
- 11.94K / 6.51K
SAN options summary
The SAN options chain for the December 18, 2026 expiration lists 17 call and 12 put contracts, with 68 days until expiration. Open interest stands at 11,940 calls and 6,508 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $13.00 strike is 42.7%, which implies the market expects a move of about ±$2.49 (18.4%) in Banco Santander S.A. Sponsored stock by expiration.
The most open interest sits at the $13.00 call (3.95K contracts) and the $13.00 put (5.14K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
SAN options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 9.30 | 7.80 | 9.30 | 5.00 | — | — | — | |||||
| 7.81 | 8.00 | 9.50 | 6.00 | 0.00 | 0.00 | 0.08 | |||||
| 6.79 | 7.00 | 8.50 | 7.00 | 0.00 | 0.00 | 0.05 | |||||
| 4.75 | 0.00 | 0.00 | 8.00 | 0.00 | 0.75 | 0.01 | |||||
| 5.75 | 4.00 | 5.20 | 9.00 | 0.00 | 0.00 | 0.26 | |||||
| 4.36 | 3.00 | 4.20 | 10.00 | 0.00 | 0.75 | 0.05 | |||||
| 2.45 | 2.15 | 3.20 | 11.00 | 0.00 | 0.75 | 0.09 | |||||
| 1.60 | 1.50 | 2.15 | 12.00 | 0.25 | 0.45 | 0.30 | |||||
| 1.00 | 0.95 | 1.15 | 13.00 | 0.50 | 0.85 | 0.60 | |||||
| 0.57 | 0.45 | 0.65 | 14.00 | 0.70 | 1.45 | 1.19 | |||||
| 0.40 | 0.20 | 0.30 | 15.00 | 1.40 | 2.15 | 1.51 | |||||
| 0.20 | 0.05 | 0.45 | 16.00 | 2.10 | 3.20 | 2.90 | |||||
| 0.07 | 0.05 | 0.15 | 17.00 | 0.00 | 0.00 | 2.64 | |||||
| 0.35 | 0.00 | 0.75 | 18.00 | — | — | — | |||||
| 0.10 | 0.00 | 0.00 | 19.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.75 | 20.00 | — | — | — | |||||
| 0.02 | 0.00 | 0.40 | 21.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the SAN put/call ratio?
For the December 18, 2026 expiration, the SAN put/call ratio based on open interest is 0.55 (6,508 puts vs 11,940 calls), and 0.52 based on today's volume. A ratio above 1 means more puts than calls.
What is SAN's implied volatility?
At-the-money implied volatility for SAN options expiring December 18, 2026 is about 42.7%, an annualized estimate of how much the market expects Banco Santander S.A. Sponsored stock to move.
How many SAN option expiration dates are there?
SAN has 7 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.