Synchrony Financial (SYF) Options Chain

NYSE: SYFFinanceFinance: Consumer ServicesUSD

72.80-0.92 (-1.25%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $72.80
Put/call ratio (OI): 0.61
Put/call ratio (volume): 1.15
ATM implied volatility: 31.1%
Expected move: ±$25.61
Open interest (C / P): 2.15K / 1.31K

SYF options summary

The SYF options chain for the January 21, 2028 expiration lists 31 call and 22 put contracts, with 468 days until expiration. Open interest stands at 2,150 calls and 1,314 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $72.50 strike is 31.1%, which implies the market expects a move of about ±$25.61 (35.2%) in Synchrony Financial stock by expiration.

The most open interest sits at the $100.00 call (850 contracts) and the $75.00 put (603 contracts).

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

SYF options chain · January 21, 2028

SYF 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
—	—	—	—	—	—	32.50	0.15	0.80	0.76	48.2%	1	69
4	—	100.0%	40.55	43.50	48.50	35.00	0.65	1.05	0.77	47.4%	16	57
14	5	95.9%	42.70	41.50	46.50	37.50	0.80	1.30	0.92	46.1%	22	58
2	1	88.6%	34.71	39.00	43.80	40.00	0.90	3.90	1.18	51.3%	1	116
1	1	85.5%	34.23	37.00	42.00	42.50	0.60	4.10	1.25	57.9%	2	12
0	1	—	34.00	0.00	0.00	45.00	1.00	3.60	1.91	50.6%	2	31
1	—	77.5%	33.40	33.00	37.50	47.50	1.00	4.50	2.45	51.3%	32	35
20	2	74.3%	26.92	31.00	35.50	50.00	1.70	4.50	2.86	47.2%	6	10
69	7	50.8%	22.00	20.60	25.00	55.00	1.70	5.50	3.60	43.7%	2	23
2	1	48.5%	20.65	19.00	23.00	57.50	0.75	4.90	5.00	37.4%	1	2
0	2	—	26.94	0.00	0.00	60.00	0.00	0.00	4.40	3.1%	1	0
48	2	45.5%	20.00	15.70	19.50	62.50	0.00	0.00	8.17	3.1%	—	0
23	12	44.6%	15.80	14.30	18.00	65.00	0.00	0.00	5.50	3.1%	1	0
65	6	43.6%	20.38	13.20	16.50	67.50	—	—	—	—	—	—
135	42	44.0%	12.95	11.10	15.50	70.00	5.00	10.00	8.80	35.4%	10	39
0	20	—	18.31	0.00	0.00	72.50	5.00	10.00	11.20	31.1%	1	123
SYF $72.80
22	3	42.5%	15.61	8.10	13.00	75.00	7.30	10.90	10.58	29.4%	1	603
8	2	42.0%	9.50	8.00	11.90	77.50	9.80	13.70	9.80	33.2%	96	96
89	3	38.8%	12.25	6.60	10.00	80.00	10.50	15.50	13.66	33.7%	2	9
18	2	41.2%	8.00	5.00	10.00	82.50	0.00	0.00	10.50	—	2	0
411	10	40.1%	6.60	5.10	8.90	85.00	13.50	18.50	17.10	32.1%	50	28
13	3	48.7%	12.90	6.50	11.00	87.50	—	—	—	—	—	—
39	1	39.9%	5.58	3.20	7.50	90.00	17.80	22.50	17.10	32.9%	2	3
27	2	40.2%	6.10	2.05	7.00	92.50	—	—	—	—	—	—
114	20	39.6%	4.27	2.00	6.30	95.00	0.00	0.00	19.40	—	—	0
850	4	40.2%	6.00	1.40	5.50	100.00	—	—	—	—	—	—
40	5	40.3%	5.50	1.40	4.70	105.00	—	—	—	—	—	—
72	25	49.8%	5.70	2.00	6.70	110.00	—	—	—	—	—	—
12	1	47.5%	5.20	1.30	5.30	115.00	—	—	—	—	—	—
19	29	44.4%	3.00	0.00	3.90	120.00	—	—	—	—	—	—
24	6	45.3%	3.17	0.00	3.60	125.00	—	—	—	—	—	—
8	1	49.3%	0.95	0.20	4.10	130.00	—	—	—	—	—	—

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 SYF put/call ratio?

For the January 21, 2028 expiration, the SYF put/call ratio based on open interest is 0.61 (1,314 puts vs 2,150 calls), and 1.15 based on today's volume. A ratio above 1 means more puts than calls.

What is SYF's implied volatility?

At-the-money implied volatility for SYF options expiring January 21, 2028 is about 31.1%, an annualized estimate of how much the market expects Synchrony Financial stock to move.

How many SYF option expiration dates are there?

SYF has 8 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.