S A P Stock Options

SAP Stock  USD 262.83  1.25  0.48%   
S A P's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.43 with a put-to-call open interest ratio of 1.58 over 49 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 21st 2025. The total put volume is at 26.0, with calls trading at the volume of 185. This yields a 0.14 put-to-call volume ratio.

Open Interest Against March 21st 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 2025-03-21 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 0.0269% per day over the life of the 2025-03-21 option contract. With S A P trading at USD 262.83, that is roughly USD 0.0706. 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 0.43%. 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
SAP250321C001300001130.0131.5 - 136.494.45In
Call
SAP250321C001500004150.0111.5 - 116.493.1In
Call
SAP250321C001700009170.092.0 - 96.984.9In
Call
SAP250321C001750002175.087.0 - 91.951.52In
Call
SAP250321C001800001180.082.0 - 86.935.96In
Call
SAP250321C0019000021190.073.1 - 75.775.3In
Call
SAP250321C001950004195.067.7 - 70.542.3In
Call
SAP250321C0020000081200.062.5 - 67.454.84In
Call
SAP250321C002100005210.053.4 - 56.347.15In
Call
SAP250321C0022000069220.043.8 - 47.846.3In
Call
SAP250321C00230000159230.034.8 - 38.837.2In
Call
SAP250321C00240000183240.026.2 - 30.829.4In
Call
SAP250321C00250000326250.020.4 - 21.320.51In
Call
SAP250321C00260000129260.014.0 - 15.014.57In
Call
SAP250321C00270000349270.09.2 - 10.09.12Out
Call
SAP250321C00280000343280.05.9 - 6.46.63Out
Call
SAP250321C0029000029290.03.5 - 4.04.0Out
Call
SAP250321C00300000170300.02.05 - 2.452.4Out
Call
SAP250321C003100003310.01.15 - 1.551.1Out
Call
SAP250321C003200001320.00.65 - 0.950.9Out
Call
SAP250321C0033000014330.00.3 - 0.80.66Out
Call
SAP250321C003400001340.00.15 - 0.60.37Out
 Put
SAP250321P001100005110.00.0 - 2.150.3Out
 Put
SAP250321P001350003135.00.0 - 2.151.27Out
 Put
SAP250321P001400004140.00.0 - 2.150.4Out
 Put
SAP250321P001550006155.00.0 - 0.250.45Out
 Put
SAP250321P00160000202160.00.0 - 0.251.25Out
 Put
SAP250321P001650008165.00.0 - 0.30.3Out
 Put
SAP250321P0017000046170.00.0 - 0.30.75Out
 Put
SAP250321P00175000202175.00.0 - 0.351.05Out
 Put
SAP250321P0018000051180.00.05 - 0.40.82Out
 Put
SAP250321P00185000517185.00.05 - 0.451.8Out
 Put
SAP250321P0019000064190.00.15 - 0.550.35Out
 Put
SAP250321P0019500057195.00.3 - 0.651.03Out
 Put
SAP250321P00200000434200.00.3 - 0.90.65Out
 Put
SAP250321P00210000496210.00.7 - 1.21.8Out
 Put
SAP250321P00220000204220.01.25 - 1.453.2Out
 Put
SAP250321P00230000134230.02.0 - 2.352.24Out
 Put
SAP250321P0024000082240.03.6 - 3.94.5Out
 Put
SAP250321P00250000358250.05.8 - 6.46.3Out
 Put
SAP250321P0026000080260.09.4 - 12.310.0Out
 Put
SAP250321P0027000060270.012.7 - 16.116.2In
 Put
SAP250321P002800003280.019.5 - 24.128.9In
 Put
SAP250321P002900001290.027.5 - 30.431.0In
 Put
SAP250321P003000000300.036.2 - 39.136.2In
 Put
SAP250321P003100000310.045.6 - 49.545.6In
 Put
SAP250321P003200000320.055.1 - 59.955.1In
 Put
SAP250321P003300000330.065.1 - 69.565.1In
 Put
SAP250321P003400000340.075.1 - 79.575.1In

S A P Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

SAP Total Stockholder Equity

Total Stockholder Equity

52.11 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.