Saratoga Investment New (SAR) Options Chain
NYSE: SARFinanceInvestment ManagersUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 8
- Share price
- $14.97
- Put/call ratio (OI)
- 0.36
- Put/call ratio (volume)
- 0.19
- Expected move
- ±$0.9091
- Open interest (C / P)
- 490 / 175
SAR options summary
The SAR options chain for the October 16, 2026 expiration lists 5 call and 3 put contracts, with 8 days until expiration. Open interest stands at 490 calls and 175 puts, a put/call ratio of 0.36, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $15.00 strike is 41.0%, which implies the market expects a move of about ±$0.9091 (6.1%) in Saratoga Investment New stock by expiration.
The most open interest sits at the $17.50 call (456 contracts) and the $15.00 put (135 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
SAR options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 14.17 | 11.20 | 13.60 | 2.50 | — | — | — | |||||
| 11.56 | 9.10 | 10.80 | 5.00 | — | — | — | |||||
| 11.56 | 6.60 | 8.10 | 7.50 | — | — | — | |||||
| — | — | — | 15.00 | 0.05 | 0.40 | 0.30 | |||||
| 0.04 | 0.00 | 0.05 | 17.50 | 1.95 | 3.50 | 3.10 | |||||
| 0.02 | 0.00 | 0.05 | 20.00 | 4.60 | 5.80 | 5.56 | |||||
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 SAR put/call ratio?
For the October 16, 2026 expiration, the SAR put/call ratio based on open interest is 0.36 (175 puts vs 490 calls), and 0.19 based on today's volume. A ratio above 1 means more puts than calls.
What is SAR's implied volatility?
At-the-money implied volatility for SAR options expiring October 16, 2026 is about 41.0%, an annualized estimate of how much the market expects Saratoga Investment New stock to move.
How many SAR option expiration dates are there?
SAR has 4 listed expiration dates, from Oct 16, 2026 to May 21, 2027.
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.