Banco Santander, S.A. (SAN) Most Active Options

The 23 most actively traded Banco Santander, S.A. (SAN) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$14.72
52-week range
$9.38 – $14.83
ATM IV (30d)
500.0%
IV rank
100 / 100
High
Expected move
±$19.26 (±130.9%)
Put/call OI
0.26
Call-heavy
Max pain
$13
↓ 11.7% below close

Most Active SAN Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
SAN $13 put Sep 18, 2026 25d $0.05 2 4,398 261 87.0× avg
SAN $15 call Sep 18, 2026 25d $0.30 0.0% 0 1.00 5,946 146 0.4× avg
SAN $16 call Sep 18, 2026 25d $0.07 28.8% 9 0.14 327 62 4.1× avg
SAN $16 call Oct 16, 2026 53d $0.10 0 40
SAN $16 call Mar 19, 2027 207d $1.02 33.8% 24 0.43 52 36 2.1× avg
SAN $14 put Sep 18, 2026 25d $0.20 27.2% 36 -0.24 808 28 1.9× avg
SAN $15 put Sep 18, 2026 25d $0.55 100 170 12
SAN $20 call Jan 21, 2028 515d $0.85 6 2,471 12 0.8× avg
SAN $13 call Dec 18, 2026 116d $2.19 0.0% 0 1.00 3,600 10 0.1× avg
SAN $15 call Oct 16, 2026 53d $0.60 0.0% 0 1.00 12 9 0.2× avg
SAN $16 call Dec 18, 2026 116d $0.54 29.9% 12 0.35 661 4 0.2× avg
SAN $17 call Mar 19, 2027 207d $0.70 9 576 3 0.2× avg
SAN $15 call Mar 19, 2027 207d $1.30 32.1% 49 0.53 2,242 3 0.0× avg
SAN $80 call Jan 15, 2027 144d $2.30 252.9% 96 0.39 35 3 1.6× avg
SAN $14 call Sep 18, 2026 25d $0.90 36 5,147 2 0.0× avg
SAN $13 put Dec 18, 2026 116d $0.42 500.0% 100 0.00 4,849 2 0.4× avg
SAN $12 call Sep 18, 2026 25d $2.75 0.0% 0 1.00 2,349 2 2.4× avg
SAN $13 call Sep 18, 2026 25d $1.85 31 2,343 2 1.2× avg
SAN $14 call Dec 18, 2026 116d $1.50 37.1% 66 0.64 709 2 0.0× avg
SAN $10 call Sep 18, 2026 25d $5.39 33 268 1 1.2× avg
SAN $14 put Oct 16, 2026 53d $0.50 500.0% 100 0.00 0 1 0.0× avg
SAN $17 call Dec 18, 2026 116d $0.35 2 2,600 1 0.1× avg
SAN $77.5 call Sep 18, 2026 25d $2.40 500.0% 100 0.27 2 1 1.8× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active SAN contract today is the $13 put expiring in 25 days, with 261 contracts traded. Calls dominate the most-active list (18 of the top 23), showing where trading interest concentrates.

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SAN Options FAQ

Which SAN option contract is most active today?

The most traded SAN contract is the $13 put expiring Sep 18, 2026, with 261 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active SAN options?

The table lists the 23 SAN contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.