SAP SE (SAP) Most Active Options
The 20 most actively traded SAP SE (SAP) 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 Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active SAP Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| SAP $162.5 call | Jul 17, 2026 | 7d | $1.79 | 38.8% | 55 | 0.32 | 465 | 1,400 | 8.6× avg |
| SAP $142 put | Jul 17, 2026 | 7d | $0.20 | 51.5% | 29 | -0.06 | 66 | 1,380 | 31.5× avg |
| SAP $155 call | Aug 21, 2026 | 42d | $13.00 | 47.9% | 51 | 0.59 | 87 | 271 | 13.1× avg |
| SAP $155 put | Jul 17, 2026 | 7d | $2.44 | 40.3% | 11 | -0.34 | 512 | 85 | 3.5× avg |
| SAP $230 call | Sep 18, 2026 | 70d | $0.55 | 46.5% | 6 | 0.04 | 345 | 41 | 19.1× avg |
| SAP $165 call | Jul 17, 2026 | 7d | $1.08 | 37.5% | 51 | 0.22 | 678 | 38 | 0.2× avg |
| SAP $150 put | Jul 17, 2026 | 7d | $0.80 | 39.9% | 9 | -0.16 | 646 | 30 | 1.2× avg |
| SAP $157.5 put | Jul 17, 2026 | 7d | $3.51 | 40.9% | 46 | -0.46 | 140 | 25 | 2.1× avg |
| SAP $290 call | Dec 18, 2026 | 161d | $0.89 | 46.6% | 11 | 0.04 | 435 | 20 | 5.2× avg |
| SAP $175 call | Dec 18, 2026 | 161d | $13.00 | 44.4% | 50 | 0.44 | 112 | 19 | 5.2× avg |
| SAP $140 put | Dec 18, 2026 | 161d | $9.50 | 44.3% | 53 | -0.28 | 313 | 18 | 1.3× avg |
| SAP $165 put | Jul 24, 2026 | 14d | $11.81 | 61.6% | 89 | -0.61 | 236 | 17 | 2.0× avg |
| SAP $160 call | Aug 21, 2026 | 42d | $9.59 | 47.5% | 53 | 0.51 | 155 | 15 | 0.8× avg |
| SAP $135 put | Aug 21, 2026 | 42d | $2.20 | 50.1% | 64 | -0.15 | 144 | 12 | 1.3× avg |
| SAP $140 put | Jul 17, 2026 | 7d | $0.20 | 56.8% | 38 | -0.06 | 274 | 12 | 0.3× avg |
| SAP $160 call | Jul 17, 2026 | 7d | $2.62 | 36.7% | 50 | 0.42 | 431 | 11 | 0.1× avg |
| SAP $180 call | Mar 19, 2027 | 252d | $15.50 | 43.7% | 43 | 0.45 | 58 | 11 | 3.0× avg |
| SAP $155 put | Jul 24, 2026 | 14d | $5.78 | 58.8% | 86 | -0.40 | 12 | 10 | 0.7× avg |
| SAP $250 call | Jan 15, 2027 | 189d | $2.52 | 43.9% | 6 | 0.11 | 1,210 | 7 | 1.8× avg |
| SAP $160 put | Jul 17, 2026 | 7d | $5.00 | 40.5% | 46 | -0.57 | 965 | 7 | 0.6× 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 SAP contract today is the $162.5 call expiring in 7 days, with 1,400 contracts traded. 2 of these contracts are running well ahead of the usual daily volume.
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SAP Options FAQ
Which SAP option contract is most active today?
The most traded SAP contract is the $162.5 call expiring Jul 17, 2026, with 1,400 contracts traded as of Jul 10, 2026.
How does OptiView rank the most active SAP options?
The table lists the 20 SAP 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.