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
- Jan 21, 2028
- Days to expiration
- 468
- Share price
- $13.49
- Put/call ratio (OI)
- 0.25
- Put/call ratio (volume)
- 0.11
- Expected move
- ±$10.36
- Open interest (C / P)
- 13.68K / 3.42K
SAN options summary
The SAN options chain for the January 21, 2028 expiration lists 8 call and 6 put contracts, with 468 days until expiration. Open interest stands at 13,684 calls and 3,420 puts, a put/call ratio of 0.25, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $12.00 strike is 67.8%, which implies the market expects a move of about ±$10.36 (76.8%) in Banco Santander S.A. Sponsored stock by expiration.
The most open interest sits at the $15.00 call (4.61K contracts) and the $10.00 put (1.65K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
SAN options chain · January 21, 2028
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 10.80 | 10.40 | 13.20 | 3.00 | — | — | — | |||||
| 9.42 | 7.20 | 9.90 | 5.00 | 0.00 | 0.00 | 0.20 | |||||
| 5.40 | 4.60 | 7.30 | 8.00 | 0.00 | 0.40 | 0.40 | |||||
| 4.30 | 4.20 | 5.90 | 10.00 | 0.60 | 0.80 | 0.75 | |||||
| 3.30 | 2.60 | 4.30 | 12.00 | 0.00 | 3.40 | 1.10 | |||||
| 1.80 | 1.30 | 2.50 | 15.00 | 1.35 | 3.20 | 1.20 | |||||
| 1.00 | 0.60 | 2.05 | 17.00 | — | — | — | |||||
| 0.45 | 0.30 | 0.90 | 20.00 | 4.60 | 7.30 | 6.50 | |||||
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 January 21, 2028 expiration, the SAN put/call ratio based on open interest is 0.25 (3,420 puts vs 13,684 calls), and 0.11 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 January 21, 2028 is about 67.8%, 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.