S A P Stock Options

SAP Stock  USD 241.54  6.96  2.80%   
S A P's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 1.02 over 52 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on June 20th 2025. The total put volume is at 144, with calls trading at the volume of 54.0. This yields a 2.67 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

The chart above shows S A P'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. S A P's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for S A P's option, there is no secondary market available for investors to trade.

S A P Maximum Pain Price Across 2025-06-20 Option Contracts

Max pain occurs when S A P's market makers reach a net positive position across all S A P's options at a strike price where option holders stand to lose the most money. By contrast, S A P'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 S A P

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

SAP SE ADR In The Money Call Balance

When S A P's strike price is surpassing the current stock price, the option contract against SAP SE ADR stock is said to be in the money. When it comes to buying S A P'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 SAP SE ADR 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.

SAP Current Options Market Mood

S A P'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 SAP 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

Most options investors, including buyers and sellers of S A P's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. S A P'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 SAP contract

Base on the Rule 16, the options market is currently suggesting that SAP SE ADR will have an average daily up or down price movement of about 0.0288% per day over the life of the 2025-06-20 option contract. With S A P trading at USD 241.54, that is roughly USD 0.0694. If you think that the market is fully incorporating S A P's daily price movement you should consider buying SAP SE ADR options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing S A P 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" SAP calls. Remember, the seller must deliver SAP SE ADR stock to the call owner when a call is exercised.

S A P Option Chain

When S A P's strike price is surpassing the current stock price, the option contract against SAP SE ADR 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.
S A P's option chain is a display of a range of information that helps investors for ways to trade options on SAP. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SAP. It also shows strike prices and maturity days for a S A P 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
SAP250620C004000000400.00.0 - 1.451.45Out
Call
SAP250620C003900001390.00.0 - 1.450.85Out
Call
SAP250620C0038000042380.00.0 - 1.50.15Out
Call
SAP250620C00370000287370.00.0 - 0.60.2Out
Call
SAP250620C0036000027360.00.0 - 1.650.99Out
Call
SAP250620C0035000057350.00.0 - 0.750.44Out
Call
SAP250620C0034000019340.00.05 - 1.90.7Out
Call
SAP250620C00330000120330.00.1 - 1.151.32Out
Call
SAP250620C003200001748320.00.25 - 1.51.75Out
Call
SAP250620C00310000815310.00.5 - 1.91.15Out
Call
SAP250620C00300000628300.01.3 - 2.41.98Out
Call
SAP250620C00290000460290.02.05 - 3.42.47Out
Call
SAP250620C00280000391280.03.4 - 6.53.97Out
Call
SAP250620C00270000262270.04.7 - 6.47.2Out
Call
SAP250620C00260000163260.08.3 - 10.114.7Out
Call
SAP250620C0025000067250.011.9 - 13.917.21Out
Call
SAP250620C00240000137240.016.6 - 19.331.5In
Call
SAP250620C002300006230.021.8 - 25.341.57In
Call
SAP250620C002200009220.029.0 - 31.154.95In
Call
SAP250620C002100003210.036.0 - 39.569.38In
Call
SAP250620C002000002200.044.3 - 47.459.43In
Call
SAP250620C0018500045185.057.7 - 60.665.3In
 Put
SAP250620P004000000400.0156.5 - 161.5156.5In
 Put
SAP250620P003900000390.0146.5 - 151.5146.5In
 Put
SAP250620P003800004380.0136.6 - 141.5115.6In
 Put
SAP250620P003700000370.0126.5 - 131.5126.5In
 Put
SAP250620P003600000360.0116.5 - 121.5116.5In
 Put
SAP250620P003500000350.0107.0 - 111.5107.0In
 Put
SAP250620P003400000340.097.0 - 102.097.0In
 Put
SAP250620P003300000330.087.0 - 92.059.0In
 Put
SAP250620P003200000320.077.0 - 82.077.0In
 Put
SAP250620P003100004310.067.5 - 72.535.4In
 Put
SAP250620P0030000032300.059.2 - 63.030.8In
 Put
SAP250620P00290000184290.050.5 - 53.328.5In
 Put
SAP250620P00280000312280.041.6 - 44.441.66In
 Put
SAP250620P00270000290270.033.7 - 36.728.43In
 Put
SAP250620P00260000183260.026.6 - 30.024.49In
 Put
SAP250620P00250000358250.020.4 - 23.721.42In
 Put
SAP250620P002400001175240.015.2 - 18.115.9Out
 Put
SAP250620P00230000195230.010.0 - 13.110.1Out
 Put
SAP250620P002200001887220.07.7 - 10.28.99Out
 Put
SAP250620P00210000234210.04.4 - 6.96.0Out
 Put
SAP250620P00200000160200.02.8 - 5.04.48Out
 Put
SAP250620P001950002195.03.3 - 4.61.0Out
 Put
SAP250620P001900003190.02.75 - 4.00.9Out
 Put
SAP250620P00185000129185.02.25 - 3.40.57Out
 Put
SAP250620P00180000205180.01.8 - 2.950.77Out
 Put
SAP250620P001750002175.01.45 - 2.650.45Out
 Put
SAP250620P0017000015170.01.2 - 2.41.3Out
 Put
SAP250620P0016500012165.00.9 - 2.051.1Out
 Put
SAP250620P001600001160.00.65 - 1.81.26Out
 Put
SAP250620P001500004150.00.35 - 1.450.05Out

S A P Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

SAP Total Stockholder Equity

Total Stockholder Equity

47.71 Billion

At this time, S A P's Total Stockholder Equity is relatively stable compared to the past year.

S A P Corporate Management

Christa VergienKnopfIndependent Member of the Supervisory Board, Employee RepresentativesProfile
James WrightIndependent Member of the Supervisory Board, Employee RepresentativesProfile
Hernn MarioGlobal OfficerProfile
Juergen MllerCTO BoardProfile
Adaire FoxMartinGlobal Customer Operations EMEA, MEE and Greater China, Member of the Executive BoardProfile
Pekka AlaPietilaIndependent Member of the Supervisory BoardProfile
Christine RegitzIndependent Member of the Supervisory Board, Employee representativeProfile

Additional Tools for SAP Stock Analysis

When running S A P's price analysis, check to measure S A P'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 S A P is operating at the current time. Most of S A P's value examination focuses on studying past and present price action to predict the probability of S A P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S A P's price. Additionally, you may evaluate how the addition of S A P to your portfolios can decrease your overall portfolio volatility.