SNDL (SNDL) Options Chain

NASDAQ: SNDLHealth Care Medicinal Chemicals and Botanical Products USD

1.220.00 (0.00%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $1.22
Put/call ratio (OI): 1.06
Put/call ratio (volume): 0.57
ATM implied volatility: 75.2%
Expected move: ±$1.04
Open interest (C / P): 31.10K / 33.10K

SNDL options summary

The SNDL options chain for the January 21, 2028 expiration lists 11 call and 10 put contracts, with 468 days until expiration. Open interest stands at 31,099 calls and 33,099 puts, a put/call ratio of 1.06, which is fairly balanced between calls and puts. At-the-money implied volatility near the $1.00 strike is 75.2%, which implies the market expects a move of about ±$1.04 (85.2%) in SNDL stock by expiration.

The most open interest sits at the $5.00 call (8.64K contracts) and the $2.00 put (16.08K contracts).

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

SNDL options chain · January 21, 2028

SNDL 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
1,401	1	147.7%	0.80	0.70	1.15	0.50	0.00	0.05	0.05	60.9%	101	335
471	23	78.5%	0.47	0.40	0.60	1.00	0.00	0.25	0.20	71.9%	10	174
SNDL $1.22
2,544	4	62.1%	0.28	0.00	0.50	1.50	0.00	0.55	0.50	66.0%	10	9,190
4,298	2	75.8%	0.20	0.10	0.35	2.00	0.00	0.90	0.78	55.9%	200	16,076
2,569	501	78.5%	0.15	0.10	0.25	2.50	0.05	1.40	1.40	67.6%	1	6,320
3,517	52	71.9%	0.10	0.05	0.15	3.00	0.35	1.90	1.80	76.2%	10	1,001
246	1	72.3%	0.12	0.00	0.15	3.50	1.00	3.70	2.22	71.1%	1	3
1,671	2	84.4%	0.08	0.05	0.15	4.00	—	—	—	—	—	—
2,948	1	82.4%	0.10	0.00	0.15	4.50	1.75	4.30	2.97	299.2%	1	0
8,640	3	86.7%	0.07	0.05	0.10	5.00	0.00	0.00	3.51	—	—	0
2,794	2	90.2%	0.07	0.05	0.10	5.50	1.60	5.40	3.90	362.5%	1	0

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 SNDL put/call ratio?

For the January 21, 2028 expiration, the SNDL put/call ratio based on open interest is 1.06 (33,099 puts vs 31,099 calls), and 0.57 based on today's volume. A ratio above 1 means more puts than calls.

What is SNDL's implied volatility?

At-the-money implied volatility for SNDL options expiring January 21, 2028 is about 75.2%, an annualized estimate of how much the market expects SNDL stock to move.

How many SNDL option expiration dates are there?

SNDL has 5 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.