South Bow (SOBO) Options Chain

NYSE: SOBOEnergyNatural Gas DistributionUSD

33.22-0.62 (-1.83%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $33.22
Put/call ratio (OI): 0.27
Put/call ratio (volume): 0.27
ATM implied volatility: 37.4%
Expected move: ±$4.11
Open interest (C / P): 452 / 121

SOBO options summary

The SOBO options chain for the November 20, 2026 expiration lists 7 call and 5 put contracts, with 40 days until expiration. Open interest stands at 452 calls and 121 puts, a put/call ratio of 0.27, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $35.00 strike is 37.4%, which implies the market expects a move of about ±$4.11 (12.4%) in South Bow stock by expiration.

The most open interest sits at the $35.00 call (227 contracts) and the $35.00 put (85 contracts).

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

SOBO options chain · November 20, 2026

SOBO 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	10	310.4%	19.40	17.80	21.30	17.50	0.00	0.10	0.05	91.8%	—	3
0	1	332.1%	16.33	16.80	20.90	20.00	—	—	—	—	—	—
0	—	—	15.54	0.00	0.00	22.50	—	—	—	—	—	—
4	3	177.4%	7.20	9.90	13.40	25.00	—	—	—	—	—	—
12	1	69.1%	6.00	2.30	4.80	30.00	0.15	0.90	0.85	50.6%	1	10
SOBO $33.22
227	35	39.5%	0.75	0.30	1.05	35.00	1.70	2.65	2.23	35.3%	13	85
209	1	30.5%	0.05	0.00	0.05	40.00	3.60	6.30	6.40	—	—	1
—	—	—	—	—	—	50.00	11.90	14.50	17.46	—	—	22

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 SOBO put/call ratio?

For the November 20, 2026 expiration, the SOBO put/call ratio based on open interest is 0.27 (121 puts vs 452 calls), and 0.27 based on today's volume. A ratio above 1 means more puts than calls.

What is SOBO's implied volatility?

At-the-money implied volatility for SOBO options expiring November 20, 2026 is about 37.4%, an annualized estimate of how much the market expects South Bow stock to move.

How many SOBO option expiration dates are there?

SOBO 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.