Sibanye Stillwater Ltd (SBSW) Options Statistics & Positioning

Sibanye Stillwater Ltd (SBSW) options trade at a 30-day at-the-money implied volatility of 66.9%, an IV rank of 60 out of 100 over the past year. The options market prices a ±$2.18 (±17.5%) move in SBSW for the front expiration. Max pain sits at $9 and the put/call open interest ratio is 0.23. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

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

Last close

$12.48

52-week range

$7.28 – $21.11

ATM IV (30d)

66.9%

IV rank

60 / 100

Moderate

Expected move

±$2.18 (±17.5%)

Put/call OI

0.23

Call-heavy

Max pain

↓ 27.9% below close

Most Active SBSW Contracts

Contract	Expiration	DTE	Last	IV	Volume
SBSW $14 call	Jan 15, 2027	144d	$1.30	61.6%	5,036
SBSW $10 put	Sep 18, 2026	25d	$0.11	500.0%	954
SBSW $14 call	Oct 16, 2026	53d	$0.60	—	628
SBSW $13 call	Sep 18, 2026	25d	$0.57	0.0%	383
SBSW $15 call	Jan 21, 2028	515d	$2.61	60.1%	347

See all active SBSW contracts →

Explore SBSW Options Statistics

SBSW Implied Volatility

66.9% ATM IV (30d)

An IV rank of 60 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

SBSW Open Interest

0.23 put/call OI ratio

167,833 calls and 39,203 puts outstanding across all expirations.

Full open interest analysis →

SBSW Max Pain

$9 max pain

27.9% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

SBSW Gamma Exposure

$65.33M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

SBSW Options Volume

9,900 contracts traded

Put/call volume ratio 0.22 — plus contracts running far above their usual volume.

Full volume & flow analysis →

SBSW Most Active Options

$14 top volume strike

The 25 most actively traded SBSW contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on SBSW for free

Build multi-leg SBSW strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open SBSW in the platform Scan options

SBSW Options FAQ

How often is SBSW options data on this page updated?

All SBSW statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see SBSW max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated SBSW pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

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.