SLM (SLM) Options Chain
NASDAQ: SLMFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 39
- Share price
- $22.52
- Put/call ratio (OI)
- 1.32
- Put/call ratio (volume)
- 0.32
- ATM implied volatility
- 116.7%
- Expected move
- ±$8.59
- Open interest (C / P)
- 37 / 49
SLM options summary
The SLM options chain for the November 20, 2026 expiration lists 28 call and 21 put contracts, with 39 days until expiration. Open interest stands at 37 calls and 49 puts, a put/call ratio of 1.32, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $23.00 strike is 116.7%, which implies the market expects a move of about ±$8.59 (38.1%) in SLM stock by expiration.
The most open interest sits at the $20.00 call (26 contracts) and the $33.00 put (27 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
SLM options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 25.80 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.05 | |||||
| 24.50 | 0.00 | 0.00 | 2.00 | — | — | — | |||||
| 23.60 | 0.00 | 0.00 | 3.00 | — | — | — | |||||
| 23.90 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.74 | |||||
| 21.95 | 0.00 | 0.00 | 6.00 | — | — | — | |||||
| 15.35 | 0.00 | 0.00 | 7.00 | 0.00 | 0.00 | 1.44 | |||||
| 14.10 | 0.00 | 0.00 | 8.00 | — | — | — | |||||
| 13.00 | 0.00 | 0.00 | 9.00 | — | — | — | |||||
| 12.00 | 0.00 | 0.00 | 10.00 | 0.00 | 0.95 | 0.10 | |||||
| 16.99 | 0.00 | 0.00 | 11.00 | — | — | — | |||||
| 15.99 | 0.00 | 0.00 | 12.00 | — | — | — | |||||
| 9.26 | 0.00 | 0.00 | 13.00 | — | — | — | |||||
| 6.30 | 0.00 | 0.00 | 15.00 | — | — | — | |||||
| — | — | — | 16.00 | 0.00 | 2.10 | 0.74 | |||||
| — | — | — | 18.00 | 0.00 | 1.15 | 0.44 | |||||
| 7.60 | 0.00 | 0.00 | 19.00 | 0.00 | 1.35 | 0.70 | |||||
| 5.90 | 5.10 | 8.90 | 20.00 | 0.00 | 0.00 | 0.55 | |||||
| 3.10 | 2.60 | 3.80 | 21.00 | 0.00 | 0.00 | 0.55 | |||||
| 1.65 | 0.00 | 0.00 | 22.00 | 0.00 | 0.00 | 0.85 | |||||
| 2.25 | 1.80 | 4.70 | 23.00 | 0.00 | 0.00 | 1.35 | |||||
| 0.75 | 0.00 | 0.00 | 24.00 | 0.00 | 0.00 | 0.80 | |||||
| 0.45 | 0.00 | 0.00 | 25.00 | 0.00 | 0.00 | 2.71 | |||||
| 0.77 | 0.00 | 0.00 | 26.00 | 0.00 | 0.00 | 2.25 | |||||
| 0.42 | 0.00 | 0.00 | 27.00 | 0.00 | 0.00 | 1.95 | |||||
| 0.60 | 0.00 | 0.00 | 28.00 | 0.00 | 0.00 | 2.50 | |||||
| 0.35 | 0.00 | 0.00 | 29.00 | 0.00 | 0.00 | 3.10 | |||||
| 0.55 | 0.00 | 0.00 | 30.00 | 0.00 | 0.00 | 3.64 | |||||
| 0.60 | 0.00 | 0.00 | 31.00 | 3.20 | 5.60 | 4.20 | |||||
| 0.45 | 0.00 | 0.00 | 32.00 | 0.00 | 0.00 | 5.40 | |||||
| 0.40 | 0.00 | 0.00 | 33.00 | 5.80 | 6.50 | 5.85 | |||||
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 SLM put/call ratio?
For the November 20, 2026 expiration, the SLM put/call ratio based on open interest is 1.32 (49 puts vs 37 calls), and 0.32 based on today's volume. A ratio above 1 means more puts than calls.
What is SLM's implied volatility?
At-the-money implied volatility for SLM options expiring November 20, 2026 is about 116.7%, an annualized estimate of how much the market expects SLM stock to move.
How many SLM option expiration dates are there?
SLM has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 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.