NOW251017P01000000 Option on ServiceNow

NOW Stock  USD 920.28  20.57  2.19%   
ServiceNow's latest option contracts expiring on December 19th 2025 are carrying combined implied volatility of 0.41 with a put-to-call open interest ratio of 0.84 over 93 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on December 19th 2025. The total put volume is at 112, with calls trading at the volume of 21.0. This yields a 5.33 put-to-call volume ratio.

Open Interest Against December 19th 2025 Option Contracts

ServiceNow option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in ServiceNow's lending market. For example, when ServiceNow's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on ServiceNow, he or she must hedge the risk by shorting ServiceNow stock over its option's life.
The chart above shows ServiceNow's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. ServiceNow's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ServiceNow's option, there is no secondary market available for investors to trade.

ServiceNow Maximum Pain Price Across 2025-12-19 Option Contracts

Max pain occurs when ServiceNow's market makers reach a net positive position across all ServiceNow's options at a strike price where option holders stand to lose the most money. By contrast, ServiceNow's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on ServiceNow

Analyzing ServiceNow's in-the-money options over time can help investors to take a profitable long position in ServiceNow regardless of its overall volatility. This is especially true when ServiceNow's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ServiceNow's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ServiceNow's stock while costing only a fraction of its price.

ServiceNow In The Money Call Balance

When ServiceNow's strike price is surpassing the current stock price, the option contract against ServiceNow stock is said to be in the money. When it comes to buying ServiceNow's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on ServiceNow are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

ServiceNow Current Options Market Mood

ServiceNow's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps ServiceNow Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most ServiceNow's options investors are not very successful. ServiceNow's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current ServiceNow contract

Base on the Rule 16, the options market is currently suggesting that ServiceNow will have an average daily up or down price movement of about 0.0256% per day over the life of the 2025-12-19 option contract. With ServiceNow trading at USD 920.28, that is roughly USD 0.24. If you think that the market is fully incorporating ServiceNow's daily price movement you should consider buying ServiceNow options at the current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing ServiceNow options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" ServiceNow calls. Remember, the seller must deliver ServiceNow stock to the call owner when a call is exercised.

ServiceNow Option Chain

When ServiceNow's strike price is surpassing the current stock price, the option contract against ServiceNow stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
ServiceNow's option chain is a display of a range of information that helps investors for ways to trade options on ServiceNow. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ServiceNow. It also shows strike prices and maturity days for a ServiceNow against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
NOW251219C01540000231540.00.0 - 4.70.65Out
Call
NOW251219C0152000001520.00.0 - 4.84.8Out
Call
NOW251219C0150000001500.00.0 - 4.84.8Out
Call
NOW251219C014800003691480.00.6 - 3.00.9Out
Call
NOW251219C0146000031460.00.0 - 4.83.49Out
Call
NOW251219C0144000001440.00.0 - 4.84.8Out
Call
NOW251219C0142000021420.00.05 - 5.36.0Out
Call
NOW251219C014000002761400.01.0 - 2.651.23Out
Call
NOW251219C0138000011380.00.05 - 5.85.85Out
Call
NOW251219C0136000001360.00.05 - 4.00.05Out
Call
NOW251219C01340000121340.00.05 - 6.42.4Out
Call
NOW251219C0132000011320.00.1 - 6.82.39Out
Call
NOW251219C0130000061300.02.15 - 6.33.6Out
Call
NOW251219C0128000091280.02.85 - 4.43.13Out
Call
NOW251219C01260000191260.03.5 - 5.75.87Out
Call
NOW251219C0124000051240.04.1 - 6.35.41Out
Call
NOW251219C012200001261220.06.1 - 7.06.37Out
Call
NOW251219C01200000911200.07.4 - 9.77.91Out
Call
NOW251219C01180000581180.07.1 - 11.59.5Out
Call
NOW251219C01160000191160.010.9 - 11.712.2Out
Call
NOW251219C01140000101140.013.1 - 14.113.0Out
Call
NOW251219C01120000191120.015.8 - 16.715.2Out
Call
NOW251219C011000001031100.018.9 - 20.118.5Out
Call
NOW251219C01080000281080.022.8 - 23.821.9Out
Call
NOW251219C010600002051060.027.5 - 28.530.7Out
Call
NOW251219C01040000641040.030.8 - 33.535.0Out
Call
NOW251219C010200001391020.038.6 - 40.040.5Out
Call
NOW251219C010000001481000.045.6 - 46.650.55Out
Call
NOW251219C0098000099980.053.0 - 54.653.1Out
Call
NOW251219C0097000040970.055.2 - 58.860.9Out
Call
NOW251219C00960000327960.062.2 - 63.065.32Out
Call
NOW251219C00940000113940.071.7 - 73.371.8Out
Call
NOW251219C00920000239920.082.5 - 83.789.0In
Call
NOW251219C00900000125900.093.9 - 96.699.6In
Call
NOW251219C0088000073880.0106.1 - 108.194.9In
Call
NOW251219C0086000042860.0119.1 - 122.4122.04In
Call
NOW251219C0084000023840.0132.7 - 138.3158.0In
Call
NOW251219C008200002820.0147.4 - 154.0158.7In
Call
NOW251219C0080000010800.0162.7 - 169.8184.2In
Call
NOW251219C007800004780.0179.9 - 186.6175.1In
Call
NOW251219C007600005760.0196.8 - 203.6203.6In
Call
NOW251219C007400005740.0216.1 - 221.6208.4In
Call
NOW251219C007200003720.0234.1 - 239.7247.2In
Call
NOW251219C007000003700.0250.0 - 258.0219.6In
Call
NOW251219C006800004680.0269.1 - 274.4288.4In
Call
NOW251219C006600002660.0289.3 - 293.8293.9In
Call
NOW251219C005200001520.0421.3 - 431.5417.3In
Call
NOW251219C005000001500.0440.9 - 451.4440.7In
 Put
NOW251219P0154000001540.0594.7 - 602.8594.7In
 Put
NOW251219P0152000001520.0574.7 - 585.1574.7In
 Put
NOW251219P0150000001500.0555.2 - 564.6555.2In
 Put
NOW251219P0148000001480.0534.3 - 544.1534.3In
 Put
NOW251219P0146000001460.0514.3 - 523.8514.3In
 Put
NOW251219P0144000001440.0494.3 - 503.3494.3In
 Put
NOW251219P0142000001420.0474.3 - 484.0474.3In
 Put
NOW251219P0140000001400.0454.0 - 464.3454.0In
 Put
NOW251219P0138000001380.0434.9 - 442.9434.9In
 Put
NOW251219P0136000001360.0414.8 - 423.0414.8In
 Put
NOW251219P0114000061140.0203.6 - 209.5175.5In
 Put
NOW251219P0110000011100.0168.1 - 175.7127.25In
 Put
NOW251219P0108000031080.0152.3 - 158.4121.6In
 Put
NOW251219P01060000631060.0137.7 - 141.8142.11In
 Put
NOW251219P0104000051040.0122.8 - 126.5109.85In
 Put
NOW251219P0102000071020.0108.8 - 111.390.2In
 Put
NOW251219P01000000181000.093.9 - 97.890.13In
 Put
NOW251219P009800009980.081.7 - 85.282.34In
 Put
NOW251219P009700005970.077.8 - 79.868.4In
 Put
NOW251219P00960000173960.072.3 - 73.569.0In
 Put
NOW251219P0094000088940.060.3 - 63.560.0Out
 Put
NOW251219P0092000082920.052.7 - 53.953.4Out
 Put
NOW251219P00900000193900.044.7 - 45.643.02Out
 Put
NOW251219P00880000131880.037.4 - 38.436.59Out
 Put
NOW251219P00860000560860.031.1 - 32.128.8Out
 Put
NOW251219P00840000117840.025.7 - 26.525.3Out
 Put
NOW251219P00820000267820.021.1 - 21.919.82Out
 Put
NOW251219P00800000232800.015.1 - 17.816.9Out
 Put
NOW251219P0078000030780.014.1 - 14.614.0Out
 Put
NOW251219P0076000027760.011.2 - 11.814.18Out
 Put
NOW251219P0074000076740.09.2 - 9.68.9Out
 Put
NOW251219P0072000022720.07.4 - 7.87.3Out
 Put
NOW251219P0070000050700.05.9 - 6.36.0Out
 Put
NOW251219P0068000043680.04.8 - 5.14.9Out
 Put
NOW251219P006600008660.02.25 - 5.43.91Out
 Put
NOW251219P0064000031640.02.3 - 3.75.11Out
 Put
NOW251219P006200006620.00.05 - 5.33.4Out
 Put
NOW251219P006000009600.01.25 - 2.652.65Out
 Put
NOW251219P0058000025580.01.7 - 1.951.8Out
 Put
NOW251219P005600005560.01.0 - 2.751.53Out
 Put
NOW251219P005400004540.01.0 - 2.02.0Out
 Put
NOW251219P0052000010520.00.05 - 2.850.75Out
 Put
NOW251219P0050000049500.00.0 - 2.60.9Out
 Put
NOW251219P004900002490.00.0 - 2.71.2Out
 Put
NOW251219P0048000035480.00.0 - 2.40.45Out

ServiceNow Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

ServiceNow Market Cap Over Time

   Market Cap   
       Timeline  

ServiceNow Total Stockholder Equity

Total Stockholder Equity

10.09 Billion

At this time, ServiceNow's Total Stockholder Equity is fairly stable compared to the past year.

ServiceNow Corporate Directors

Jeffrey MillerLead Independent DirectorProfile
Tamar YehoshuaIndependent DirectorProfile
Jonathan ChadwickIndependent DirectorProfile
Anita SandsIndependent DirectorProfile

Additional Tools for ServiceNow Stock Analysis

When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.