SAP250919C00280000 Option on SAP SE ADR

SAP Stock  USD 307.87  1.90  0.62%   
SAP250919C00280000 is a PUT option contract on S A P's common stock with a strick price of 280.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at a bid price of $32.7, and an ask price of $33.6. The implied volatility as of the 21st of July is 60.0.
When exercised, put options on S A P produce a short position in SAP Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on S A P's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that SAP SE ADR will have an average daily up or down price movement of about 0.0214% per day over the life of the option. With S A P trading at USD 307.87, that is roughly USD 0.0659. If you think that the market is fully understating S A P's daily price movement you should consider buying SAP SE ADR options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on S A P

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their S A P positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on SAP Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameSAP250919C00280000
Expires On2025-09-19
Days Before Expriration60
Delta0.762146
Vega0.385737
Gamma0.007086
Theoretical Value33.15
Open Interest121
Strike Price280.0
Last Traded At39.0
Current Price Spread32.7 | 33.6
Rule 16 Daily Up or DownUSD 0.0659

SAP short PUT Option Greeks

S A P's Option Greeks for the contract ending on 2025-09-19 at a strike price of 280.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to S A P's option greeks, its implied volatility helps estimate the risk of S A P stock implied by the prices of the options on S A P's stock.
Delta0.762146
Gamma0.007086
Theta-0.115244
Vega0.385737
Rho0.339806

SAP long PUT Option Payoff at expiration

Put options written on S A P grant holders of the option the right to sell a specified amount of S A P at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of SAP Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on S A P is like buying insurance aginst S A P's downside shift.
   Profit   
       S A P Price At Expiration  

SAP short PUT Option Payoff at expiration

By selling S A P's put option, the investors signal their bearish sentiment. A short position in a put option written on S A P will generally make money when the underlying price is above the strike price. Therefore S A P's put payoff at expiration depends on where the SAP Stock price is relative to the put option strike price. The breakeven price of 313.15 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to S A P's price. Finally, at the strike price of 280.0, the payoff chart is constant and positive.
   Profit   
       S A P Price At Expiration  
View All S A P Options

SAP SE ADR Available Call Options

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
SAP250919C004300007430.00.0 - 0.450.1Out
Call
SAP250919C0042000015420.00.05 - 0.20.15Out
Call
SAP250919C0041000013410.00.1 - 0.60.37Out
Call
SAP250919C0040000032400.00.2 - 0.750.5Out
Call
SAP250919C003900007390.00.35 - 0.950.65Out
Call
SAP250919C0038000041380.00.05 - 2.31.2Out
Call
SAP250919C00370000257370.00.0 - 3.41.35Out
Call
SAP250919C003600006360.01.65 - 2.451.6Out
Call
SAP250919C00350000573350.02.6 - 3.12.85Out
Call
SAP250919C0034000054340.02.35 - 4.54.6Out
Call
SAP250919C00330000517330.04.2 - 6.66.4Out
Call
SAP250919C00320000381320.08.1 - 9.710.2Out
Call
SAP250919C00310000211310.013.3 - 13.913.8Out
Call
SAP250919C00300000723300.018.8 - 19.319.8In
Call
SAP250919C00290000115290.025.3 - 26.025.2In
Call
SAP250919C00280000121280.032.7 - 33.639.0In
Call
SAP250919C00270000106270.041.0 - 42.040.0In
Call
SAP250919C00260000113260.048.8 - 51.750.7In
Call
SAP250919C0025000062250.057.5 - 61.251.7In
Call
SAP250919C0024000031240.066.7 - 70.764.03In
Call
SAP250919C0023000038230.076.5 - 80.369.45In
Call
SAP250919C002100006210.095.8 - 100.198.92In
Call
SAP250919C002000009200.0105.8 - 109.6105.8In
Call
SAP250919C001950001195.0110.7 - 114.5110.7In
Call
SAP250919C001900001190.0115.5 - 119.4115.5In

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.