Spotify Technology S.A. (SPOT) Options Chain

NYSE: SPOTConsumer DiscretionaryBroadcastingUSD

529.14+2.72 (+0.52%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 469
Share price: $529.14
Put/call ratio (OI): 0.83
Put/call ratio (volume): 0.88
ATM implied volatility: 46.2%
Expected move: ±$276.96
Open interest (C / P): 6.62K / 5.47K

SPOT options summary

The SPOT options chain for the January 21, 2028 expiration lists 72 call and 72 put contracts, with 469 days until expiration. Open interest stands at 6,621 calls and 5,474 puts, a put/call ratio of 0.83, which is fairly balanced between calls and puts. At-the-money implied volatility near the $520.00 strike is 46.2%, which implies the market expects a move of about ±$276.96 (52.3%) in Spotify Technology S.A. stock by expiration.

The most open interest sits at the $1,100.00 call (1.31K contracts) and the $420.00 put (1.19K contracts).

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

SPOT options chain · January 21, 2028

SPOT 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
12	1	75.0%	372.97	334.00	342.00	210.00	3.00	4.20	4.19	50.6%	1	66
—	—	—	—	—	—	220.00	3.60	4.85	4.59	49.8%	1	49
0	1	—	280.00	0.00	0.00	230.00	0.00	0.00	13.85	12.5%	2	0
1	—	84.7%	319.00	321.00	331.00	240.00	12.05	17.50	18.08	60.8%	1	9
13	2	82.0%	285.79	312.80	321.00	250.00	5.45	7.55	8.20	48.2%	1	61
0	1	—	263.00	0.00	0.00	260.00	4.95	10.25	9.52	50.0%	2	567
0	2	—	236.35	0.00	0.00	270.00	0.00	0.00	13.40	12.5%	5	0
2	1	65.1%	295.17	274.00	283.00	280.00	8.90	11.10	11.75	46.7%	2	97
—	—	—	—	—	—	290.00	10.25	12.70	15.15	46.4%	10	76
11	10	63.5%	278.15	259.00	267.00	300.00	12.40	14.30	17.15	46.0%	10	179
0	1	—	240.00	0.00	0.00	310.00	0.00	0.00	20.95	6.3%	1	0
3	1	61.6%	233.07	243.00	252.00	320.00	13.45	19.20	20.50	46.4%	2	363
0	10	—	220.50	0.00	0.00	330.00	17.05	20.00	21.00	45.0%	10	114
6	1	69.0%	211.65	242.00	250.00	340.00	17.65	22.05	23.35	44.6%	1	19
14	1	59.7%	225.50	222.00	230.00	350.00	22.25	24.70	27.40	44.5%	6	121
6	1	59.1%	222.00	215.00	223.00	360.00	23.45	27.25	31.30	44.2%	1	29
11	1	58.1%	242.00	208.00	215.00	370.00	27.10	29.45	33.10	43.6%	3	57
0	1	—	211.00	0.00	0.00	380.00	29.00	32.70	38.00	43.6%	1	45
5	14	56.0%	135.55	192.00	201.00	390.00	32.30	35.40	40.41	43.1%	100	329
37	11	56.6%	159.75	188.00	196.00	400.00	35.50	38.50	44.30	42.8%	2	95
0	2	—	190.65	0.00	0.00	410.00	38.60	43.10	38.30	43.3%	12	133
19	1	55.6%	145.92	175.00	184.00	420.00	39.00	45.80	47.30	42.6%	4	1,185
90	1	55.2%	203.15	170.00	177.15	430.00	45.25	50.00	48.60	42.6%	5	223
83	1	54.5%	154.00	163.00	171.15	440.00	49.10	51.95	53.87	41.4%	1	200
34	1	54.6%	185.00	158.00	166.95	450.00	53.05	57.65	65.85	42.0%	9	271
30	1	53.9%	143.55	153.00	159.40	460.00	57.20	62.55	63.50	42.1%	28	41
7	1	53.5%	126.65	147.00	154.60	470.00	61.55	66.05	62.15	41.4%	2	42
19	1	53.3%	109.95	142.00	149.70	480.00	66.10	70.70	66.60	41.3%	26	68
47	2	52.8%	120.50	137.00	143.90	490.00	70.70	75.30	76.10	41.0%	2	55
108	2	52.5%	132.02	133.00	137.85	500.00	75.65	80.40	95.05	40.9%	1	237
198	20	52.1%	97.00	123.00	129.75	520.00	85.80	90.20	98.53	40.3%	1	42
SPOT $529.14
18	2	51.5%	132.93	114.00	120.65	540.00	96.20	100.00	122.55	39.4%	4	70
73	1	51.5%	113.10	110.35	117.15	550.00	102.05	105.35	110.00	39.1%	2	25
30	1	50.9%	130.00	106.00	111.70	560.00	107.85	111.25	122.13	38.9%	1	35
19	1	51.2%	100.55	103.10	109.00	570.00	113.40	119.00	106.30	39.5%	25	37
9	1	51.1%	84.13	98.00	107.00	580.00	119.65	124.20	140.85	38.9%	3	37
26	3	50.9%	72.68	95.80	101.85	590.00	124.90	131.05	119.40	39.0%	2	18
414	1	50.9%	88.80	93.45	98.10	600.00	132.05	137.70	155.20	38.9%	3	16
118	2	50.8%	90.10	88.00	97.00	610.00	138.45	144.05	138.85	38.6%	22	20
16	1	50.3%	82.38	85.60	91.30	620.00	143.75	151.00	157.73	38.5%	2	11
306	1	50.0%	76.02	81.50	88.30	630.00	149.95	158.00	139.10	38.4%	2	326
18	4	51.1%	58.70	79.15	84.75	640.00	158.15	163.75	155.40	37.7%	2	7
176	1	50.1%	83.26	77.95	81.45	650.00	168.95	176.00	237.33	39.8%	1	6
24	1	50.0%	65.00	75.10	78.75	660.00	172.25	179.00	181.38	37.8%	1	6
132	102	50.9%	66.76	70.25	76.45	670.00	177.90	186.00	178.50	37.4%	2	18
14	2	50.7%	64.36	67.35	73.75	680.00	221.00	229.50	259.45	51.0%	—	0
18	2	51.1%	61.25	65.75	72.35	690.00	229.00	237.00	270.38	51.0%	1	2
195	4	50.6%	52.15	62.70	68.85	700.00	0.00	0.00	239.45	—	8	0
0	1	6.3%	61.40	0.00	0.00	710.00	0.00	0.00	213.95	—	1	0
140	2	51.2%	65.35	57.00	66.00	720.00	0.00	0.00	239.20	—	2	0
37	2	50.7%	56.80	55.00	62.85	730.00	260.00	267.00	307.70	50.6%	—	3
24	2	50.1%	57.80	53.60	59.60	740.00	0.00	0.00	236.45	—	1	0
858	4	49.5%	52.00	52.00	56.35	750.00	0.00	0.00	270.40	—	6	0
118	22	49.7%	43.55	49.60	55.05	760.00	284.00	290.00	335.60	50.3%	10	6
235	22	50.0%	41.80	47.25	53.95	770.00	256.00	264.00	251.25	35.1%	1	6
31	20	50.8%	43.70	45.95	54.00	780.00	0.00	0.00	300.40	—	1	0
16	1	50.2%	50.65	43.00	50.95	790.00	308.00	317.00	364.80	50.5%	10	5
1,046	104	49.4%	35.31	42.90	47.70	800.00	281.80	290.00	275.15	34.8%	3	7
55	1	49.2%	42.10	43.15	45.75	810.00	325.00	333.00	383.40	50.4%	10	6
126	22	50.5%	35.02	38.00	47.00	820.00	300.50	307.00	310.00	34.1%	1	8
15	3	49.5%	40.70	36.90	42.05	840.00	351.00	359.50	413.30	50.6%	10	6
14	1	49.8%	31.35	33.75	40.20	860.00	368.00	377.00	431.65	50.6%	—	4
44	1	49.3%	37.45	32.45	36.75	880.00	385.90	394.00	452.10	50.6%	—	0
15	1	48.9%	28.00	27.90	33.60	900.00	371.00	380.00	393.21	33.3%	20	16
77	1	48.6%	32.45	27.10	31.05	920.00	421.55	431.00	492.80	51.0%	—	0
14	3	48.3%	25.85	26.20	28.50	940.00	440.00	449.00	509.50	51.1%	—	0
0	2	12.5%	28.80	0.00	0.00	960.00	458.00	468.00	528.10	51.4%	4	0
0	1	12.5%	24.20	0.00	0.00	980.00	478.00	486.00	548.50	51.9%	—	0
36	10	50.4%	21.50	19.20	27.00	1,000.00	467.00	476.00	465.56	33.5%	4	0
4	1	49.5%	24.55	19.60	23.90	1,020.00	—	—	—	—	—	—
2	2	49.5%	27.00	17.05	22.50	1,040.00	548.00	558.00	511.90	60.6%	1	0
7	1	48.3%	20.20	16.15	19.40	1,060.00	—	—	—	—	—	—
36	2	48.8%	16.80	15.65	19.00	1,080.00	578.00	588.00	507.00	57.1%	1	0
1,309	29	49.1%	11.50	13.50	18.25	1,100.00	0.00	0.00	617.00	—	6	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 SPOT put/call ratio?

For the January 21, 2028 expiration, the SPOT put/call ratio based on open interest is 0.83 (5,474 puts vs 6,621 calls), and 0.88 based on today's volume. A ratio above 1 means more puts than calls.

What is SPOT's implied volatility?

At-the-money implied volatility for SPOT options expiring January 21, 2028 is about 46.2%, an annualized estimate of how much the market expects Spotify Technology S.A. stock to move.

How many SPOT option expiration dates are there?

SPOT has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.