Sinclair (SBGI) Options Chain

NASDAQ: SBGIIndustrialsBroadcastingUSD

12.73-0.41 (-3.12%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $12.73
Put/call ratio (OI): 1.36
Put/call ratio (volume): 0.35
ATM implied volatility: 50.2%
Expected move: ±$2.76
Open interest (C / P): 1.08K / 1.48K

SBGI options summary

The SBGI options chain for the December 18, 2026 expiration lists 10 call and 10 put contracts, with 68 days until expiration. Open interest stands at 1,082 calls and 1,475 puts, a put/call ratio of 1.36, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $12.50 strike is 50.2%, which implies the market expects a move of about ±$2.76 (21.7%) in Sinclair stock by expiration.

The most open interest sits at the $15.00 call (381 contracts) and the $12.50 put (582 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SBGI options chain · December 18, 2026

SBGI calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
0	2	—	12.11	0.00	0.00	2.50	0.00	0.20	0.06	225.0%	4	101
0	2	213.7%	9.30	7.40	9.20	5.00	0.00	0.75	0.10	185.9%	—	102
—	—	—	—	—	—	7.50	0.00	0.10	0.06	70.3%	42	214
0	81	—	4.15	0.00	0.00	10.00	0.05	0.25	0.43	57.5%	11	343
65	55	49.5%	1.20	0.05	1.20	12.50	0.75	1.00	0.67	50.9%	1	582
SBGI $12.73
381	6	47.8%	0.33	0.25	0.35	15.00	2.25	2.75	1.80	55.0%	11	76
243	54	59.4%	0.10	0.00	0.40	17.50	4.00	5.10	3.85	69.0%	2	12
172	2	89.7%	0.05	0.00	0.75	20.00	6.30	7.70	7.40	93.5%	1	43
200	1	118.2%	0.38	0.00	1.15	22.50	—	—	—	—	—	—
17	9	116.4%	0.15	0.00	0.75	25.00	8.00	12.60	10.05	112.7%	1	1
4	2	201.6%	0.32	0.00	2.80	30.00	13.70	17.50	14.59	122.5%	1	1

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 SBGI put/call ratio?

For the December 18, 2026 expiration, the SBGI put/call ratio based on open interest is 1.36 (1,475 puts vs 1,082 calls), and 0.35 based on today's volume. A ratio above 1 means more puts than calls.

What is SBGI's implied volatility?

At-the-money implied volatility for SBGI options expiring December 18, 2026 is about 50.2%, an annualized estimate of how much the market expects Sinclair stock to move.

How many SBGI option expiration dates are there?

SBGI has 5 listed expiration dates, from Oct 16, 2026 to Dec 17, 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.