SLM251017P00020000 Option on SLM Corp
| SLM Stock | USD 25.69 0.50 1.98% |
SLM Corp's latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.52 with a put-to-call open interest ratio of 14.33 over 41 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on January 16th 2026. The total put volume is at 98.0, with calls trading at the volume of 86.0. This yields a 1.14 put-to-call volume ratio.
Open Interest Against January 16th 2026 Option Contracts
2026-01-16
The chart above shows SLM Corp'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. SLM Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for SLM Corp's option, there is no secondary market available for investors to trade.
SLM Corp Maximum Pain Price Across 2026-01-16 Option Contracts
Max pain occurs when SLM Corp's market makers reach a net positive position across all SLM Corp's options at a strike price where option holders stand to lose the most money. By contrast, SLM Corp'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 SLM Corp
Analyzing SLM Corp's in-the-money options over time can help investors to take a profitable long position in SLM Corp regardless of its overall volatility. This is especially true when SLM Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SLM Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SLM Corp's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on SLM Corp lessens the impact of time decay, as they carry both intrinsic and time value. So, even if SLM Corp's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money SLM Corp contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if SLM Stock moves the wrong way.
SLM Corp In The Money Call Balance
When SLM Corp's strike price is surpassing the current stock price, the option contract against SLM Corp stock is said to be in the money. When it comes to buying SLM Corp'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 SLM Corp 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.
SLM Current Options Market Mood
SLM Corp'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 SLM 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 SLM Corp'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. SLM Corp'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 SLM contract
Base on the Rule 16, the options market is currently suggesting that SLM Corp will have an average daily up or down price movement of about 0.0325% per day over the life of the 2026-01-16 option contract. With SLM Corp trading at USD 25.69, that is roughly USD 0.008349. If you think that the market is fully incorporating SLM Corp's daily price movement you should consider buying SLM Corp options at the current volatility level of 0.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing SLM Corp 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" SLM calls. Remember, the seller must deliver SLM Corp stock to the call owner when a call is exercised.
SLM Corp Option Chain
When SLM Corp's strike price is surpassing the current stock price, the option contract against SLM Corp 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.
SLM Corp's option chain is a display of a range of information that helps investors for ways to trade options on SLM. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SLM. It also shows strike prices and maturity days for a SLM Corp 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 Int | Strike Price | Current Spread | Last Price | |||
Call | SLM260116C00045000 | 41 | 45.0 | 0.0 - 2.2 | 0.85 | Out |
Call | SLM260116C00042000 | 1 | 42.0 | 0.0 - 2.2 | 0.85 | Out |
Call | SLM260116C00041000 | 25 | 41.0 | 0.0 - 2.2 | 0.95 | Out |
Call | SLM260116C00040000 | 301 | 40.0 | 0.0 - 2.2 | 0.1 | Out |
Call | SLM260116C00039000 | 4 | 39.0 | 0.0 - 2.25 | 0.8 | Out |
Call | SLM260116C00038000 | 7 | 38.0 | 0.0 - 2.25 | 0.77 | Out |
Call | SLM260116C00037000 | 0 | 37.0 | 0.0 - 0.75 | 0.75 | |
Call | SLM260116C00036000 | 159 | 36.0 | 0.0 - 0.75 | 0.75 | Out |
Call | SLM260116C00035000 | 74 | 35.0 | 0.0 - 2.3 | 0.38 | Out |
Call | SLM260116C00034000 | 109 | 34.0 | 0.0 - 0.35 | 0.3 | Out |
Call | SLM260116C00033000 | 52 | 33.0 | 0.1 - 0.9 | 0.25 | Out |
Call | SLM260116C00032000 | 39 | 32.0 | 0.2 - 0.6 | 0.38 | Out |
Call | SLM260116C00031000 | 61 | 31.0 | 0.0 - 1.6 | 0.55 | Out |
Call | SLM260116C00030000 | 90 | 30.0 | 0.5 - 0.7 | 0.75 | Out |
Call | SLM260116C00029000 | 30 | 29.0 | 0.0 - 2.9 | 0.85 | Out |
Call | SLM260116C00028000 | 1 | 28.0 | 0.25 - 1.25 | 1.14 | Out |
Call | SLM260116C00027000 | 1 | 27.0 | 0.35 - 3.6 | 1.7 | Out |
Call | SLM260116C00026000 | 1 | 26.0 | 0.65 - 4.0 | 8.68 | Out |
Call | SLM260116C00025000 | 230 | 25.0 | 1.95 - 2.65 | 5.58 | In |
Put | SLM260116P00045000 | 0 | 45.0 | 18.1 - 20.9 | 18.1 | In |
Put | SLM260116P00042000 | 0 | 42.0 | 14.4 - 18.3 | 14.4 | In |
Put | SLM260116P00041000 | 0 | 41.0 | 14.1 - 16.9 | 14.1 | In |
Put | SLM260116P00040000 | 0 | 40.0 | 12.9 - 15.9 | 8.6 | In |
Put | SLM260116P00039000 | 0 | 39.0 | 11.5 - 15.3 | 11.5 | In |
Put | SLM260116P00038000 | 0 | 38.0 | 10.5 - 13.9 | 10.5 | In |
Put | SLM260116P00037000 | 7 | 37.0 | 9.5 - 12.9 | 5.2 | In |
Put | SLM260116P00036000 | 0 | 36.0 | 8.3 - 12.1 | 5.4 | In |
Put | SLM260116P00035000 | 23 | 35.0 | 7.5 - 10.9 | 3.9 | In |
Put | SLM260116P00034000 | 0 | 34.0 | 6.6 - 9.8 | 4.1 | In |
Put | SLM260116P00033000 | 1 | 33.0 | 5.6 - 9.3 | 3.61 | In |
Put | SLM260116P00032000 | 9 | 32.0 | 5.4 - 8.1 | 5.17 | In |
Put | SLM260116P00031000 | 2 | 31.0 | 3.9 - 7.4 | 3.45 | In |
Put | SLM260116P00030000 | 4440 | 30.0 | 4.6 - 5.0 | 4.8 | In |
Put | SLM260116P00029000 | 1198 | 29.0 | 3.7 - 4.1 | 3.2 | In |
Put | SLM260116P00028000 | 8 | 28.0 | 1.7 - 3.4 | 3.0 | In |
Put | SLM260116P00027000 | 5025 | 27.0 | 2.55 - 3.4 | 2.09 | In |
Put | SLM260116P00026000 | 5 | 26.0 | 2.0 - 2.15 | 2.08 | In |
Put | SLM260116P00025000 | 5724 | 25.0 | 1.5 - 2.15 | 1.65 | Out |
Put | SLM260116P00024000 | 7 | 24.0 | 0.9 - 1.4 | 0.93 | Out |
Put | SLM260116P00021000 | 416 | 21.0 | 0.0 - 1.75 | 0.53 | Out |
Put | SLM260116P00020000 | 709 | 20.0 | 0.3 - 0.7 | 0.5 | Out |
SLM Corp Market Cap Over Time
Market Cap |
| Timeline |
SLM Total Stockholder Equity
Total Stockholder Equity |
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SLM Corp Corporate Management
| Daniel Kennedy | Ex COO | Profile | |
| Brian Cronin | VP Relations | Profile | |
| William Wolf | Executive Officer | Profile | |
| Kate deLacy | Senior Relations | Profile | |
| Tim Morrison | Sr Relations | Profile | |
| Munish Pahwa | Executive Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SLM Corp. If investors know SLM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SLM Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Dividend Share 0.5 | Earnings Share 2.06 | Revenue Per Share | Quarterly Revenue Growth (0.49) |
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.