Sphere Entertainment (SPHR) Options Chain

NYSE: SPHRConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD

106.41-2.84 (-2.60%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $106.41
Put/call ratio (OI): 0.64
Put/call ratio (volume): 1.08
ATM implied volatility: 91.8%
Expected move: ±$110.61
Open interest (C / P): 663 / 427

SPHR options summary

The SPHR options chain for the January 21, 2028 expiration lists 51 call and 36 put contracts, with 468 days until expiration. Open interest stands at 663 calls and 427 puts, a put/call ratio of 0.64, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $105.00 strike is 91.8%, which implies the market expects a move of about ±$110.61 (103.9%) in Sphere Entertainment stock by expiration.

The most open interest sits at the $170.00 call (73 contracts) and the $77.50 put (72 contracts).

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

SPHR options chain · January 21, 2028

SPHR 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
8	5	91.1%	111.50	77.00	81.50	30.00	0.00	2.90	0.50	76.3%	7	27
1	—	90.0%	128.50	75.00	79.50	32.50	—	—	—	—	—	—
3	2	85.5%	124.50	71.00	75.00	37.50	—	—	—	—	—	—
21	5	84.1%	74.00	69.00	73.00	40.00	—	—	—	—	—	—
6	5	—	99.94	118.50	122.50	42.50	0.55	3.60	1.92	62.3%	8	5
2	—	—	39.90	53.50	59.50	45.00	2.00	5.40	4.00	70.1%	1	2
3	2	223.4%	111.75	90.00	94.50	47.50	—	—	—	—	—	—
19	3	212.7%	109.75	88.00	92.50	50.00	1.65	4.50	2.20	59.2%	—	6
0	2	—	24.70	36.50	40.00	52.50	1.50	6.50	3.93	61.1%	1	2
1	1	197.3%	108.46	84.50	89.00	55.00	—	—	—	—	—	—
10	10	—	81.97	106.50	109.30	57.50	9.00	13.50	16.85	85.2%	10	10
2	1	74.0%	61.00	54.10	57.50	60.00	2.30	6.00	4.80	52.6%	2	16
2	5	—	21.60	31.00	35.50	62.50	11.00	16.00	19.10	85.1%	—	2
1	2	72.4%	85.66	50.80	54.00	65.00	8.50	13.00	11.09	71.6%	50	57
46	1	292.9%	107.05	96.00	100.50	67.50	—	—	—	—	—	—
2	1	161.5%	99.50	73.50	78.00	70.00	5.50	10.50	6.60	55.5%	10	20
0	4	—	58.00	0.00	0.00	72.50	6.00	11.00	8.95	54.1%	—	0
0	2	—	53.70	0.00	0.00	75.00	0.00	0.00	12.15	6.3%	—	0
0	2	—	73.60	0.00	0.00	77.50	7.50	12.50	11.28	52.7%	5	72
16	2	67.8%	62.70	41.30	44.50	80.00	4.50	9.50	8.05	48.4%	1	25
—	—	—	—	—	—	82.50	0.00	0.00	15.16	6.3%	4	0
35	4	66.5%	38.70	38.50	41.50	85.00	0.00	0.00	8.60	3.1%	10	0
24	14	203.0%	91.29	79.50	84.50	90.00	13.00	16.60	13.30	50.4%	1	3
7	1	93.9%	31.00	44.00	49.50	95.00	0.00	0.00	11.60	3.1%	1	0
0	1	—	84.50	0.00	0.00	97.50	15.00	19.50	16.82	52.2%	—	1
32	1	63.0%	32.40	30.20	34.00	100.00	19.40	21.70	19.90	51.4%	4	28
11	4	134.4%	50.00	57.00	61.50	105.00	18.00	22.50	19.96	49.2%	—	1
SPHR $106.41
22	1	63.3%	34.25	27.10	30.00	110.00	23.00	26.50	23.00	51.1%	1	20
25	1	62.9%	25.30	25.10	28.30	115.00	0.00	0.00	17.75	—	1	0
8	5	132.9%	55.25	53.00	58.00	120.00	29.00	33.20	23.20	51.3%	7	9
15	11	116.2%	45.00	45.50	50.00	125.00	32.00	36.50	25.80	50.8%	1	11
28	2	145.1%	47.80	56.00	60.50	130.00	35.50	40.00	35.70	50.5%	1	6
8	1	110.3%	50.70	41.00	45.20	135.00	33.00	37.50	35.72	37.2%	12	21
10	1	136.7%	43.77	51.00	55.50	140.00	0.00	0.00	40.42	—	—	0
34	2	105.6%	46.60	37.00	41.00	145.00	46.50	50.50	49.00	48.4%	3	4
21	2	60.5%	17.45	15.20	18.00	150.00	50.00	54.50	41.00	48.3%	4	9
1	2	60.0%	16.80	13.80	17.00	155.00	0.00	0.00	52.00	—	2	0
36	7	60.0%	16.45	13.00	16.00	160.00	58.00	62.50	47.10	47.5%	5	10
24	2	59.9%	16.20	12.30	15.00	165.00	39.50	44.00	51.30	—	10	9
73	3	58.7%	11.88	10.10	14.50	170.00	66.50	70.50	64.00	46.0%	1	51
7	2	59.5%	21.08	10.60	13.30	175.00	0.00	0.00	43.10	—	—	0
10	2	59.9%	19.88	9.90	13.00	180.00	—	—	—	—	—	—
2	1	59.2%	21.50	9.40	11.60	185.00	—	—	—	—	—	—
3	2	59.3%	9.86	8.70	11.20	190.00	—	—	—	—	—	—
19	2	59.2%	22.00	8.20	10.50	195.00	—	—	—	—	—	—
6	2	59.3%	31.89	7.70	10.00	200.00	—	—	—	—	—	—
0	6	12.5%	24.50	0.00	0.00	210.00	—	—	—	—	—	—
0	—	12.5%	36.40	0.00	0.00	220.00	—	—	—	—	—	—
7	3	59.5%	13.90	5.50	7.30	230.00	—	—	—	—	—	—
1	—	85.1%	20.14	14.00	18.00	240.00	—	—	—	—	—	—
0	1	58.6%	6.20	3.80	6.00	250.00	—	—	—	—	—	—
51	10	57.9%	11.10	2.80	5.60	260.00	0.00	0.00	101.25	—	—	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 SPHR put/call ratio?

For the January 21, 2028 expiration, the SPHR put/call ratio based on open interest is 0.64 (427 puts vs 663 calls), and 1.08 based on today's volume. A ratio above 1 means more puts than calls.

What is SPHR's implied volatility?

At-the-money implied volatility for SPHR options expiring January 21, 2028 is about 91.8%, an annualized estimate of how much the market expects Sphere Entertainment stock to move.

How many SPHR option expiration dates are there?

SPHR has 6 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.