SPHR · Sphere Entertainment Co.

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$143.25 -5.07 (-3.42%) At close · Jul 31

Market Cap

$5.14B

35.91M

Options Chain

15-min delayed Underlying $143.25 · at close Jul 31, 2026 Options Calculator

Positioning

Aug 21, 2026 · 20 days to expiry · 84 contracts

Put / call OI

0.97

Balanced positioning

Open interest

5,250

contracts outstanding

Volume

455

traded today

Max pain

$135.00

$8.25 below spot

ATM implied vol

56.2%

market's expected move

Open interest by strike · near the money

Calls Puts

47.5

77.5

82.5

87.5

92.5

97.5

100

105

110

115

120

125

130

135

140

145

150

155

160

165

170

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185

190

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210

220

230

240

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 20d Sep 18 48d Nov 20 111d Jan 15 167d Feb 19 202d Jan 21 538d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
5	7	316.2%	0.973	$94.50		$0.75	-0.012	251%	1	0
Call · $45 In the money Last $94.50 Breakeven $139.50 Implied vol 316.2% Delta 0.973 ≈97% ITM Gamma 0.001 Theta -0.167 Vega 0.018 Open interest 5 Model this call Put · $45 Last $0.75 Breakeven $44.25 Implied vol 251% Delta -0.012 ≈1% ITM Gamma 0 Theta -0.064 Vega 0.009 Open interest 0 Model this put
3	3	305.1%	0.972	$87.30		$0.80	-0.012	240%	1	4
Call · $47.5 In the money Last $87.30 Breakeven $134.80 Implied vol 305.1% Delta 0.972 ≈97% ITM Gamma 0.001 Theta -0.171 Vega 0.018 Open interest 3 Model this call Put · $47.5 Last $0.80 Breakeven $46.70 Implied vol 240% Delta -0.012 ≈1% ITM Gamma 0 Theta -0.064 Vega 0.009 Open interest 4 Model this put
2	1	284.1%	0.972	$62.50		$0.90	-0.013	229.6%	1	15
Call · $50 In the money Last $62.50 Breakeven $112.50 Implied vol 284.1% Delta 0.972 ≈97% ITM Gamma 0.001 Theta -0.157 Vega 0.019 Open interest 2 Model this call Put · $50 Last $0.90 Breakeven $49.10 Implied vol 229.6% Delta -0.013 ≈1% ITM Gamma 0 Theta -0.063 Vega 0.01 Open interest 15 Model this put
1	1	270.3%	0.967	$81.00		$1.25	-0.014	210.5%	1	4
Call · $55 In the money Last $81.00 Breakeven $136.00 Implied vol 270.3% Delta 0.967 ≈97% ITM Gamma 0.001 Theta -0.174 Vega 0.02 Open interest 1 Model this call Put · $55 Last $1.25 Breakeven $53.75 Implied vol 210.5% Delta -0.014 ≈1% ITM Gamma 0.001 Theta -0.063 Vega 0.01 Open interest 4 Model this put
1	2	250.7%	0.963	$79.00		$1.25	-0.016	193.1%	2	3
Call · $60 In the money Last $79.00 Breakeven $139.00 Implied vol 250.7% Delta 0.963 ≈96% ITM Gamma 0.001 Theta -0.177 Vega 0.021 Open interest 1 Model this call Put · $60 Last $1.25 Breakeven $58.75 Implied vol 193.1% Delta -0.016 ≈2% ITM Gamma 0.001 Theta -0.063 Vega 0.011 Open interest 3 Model this put
4	1	229.4%	0.96	$103.00		$0.05	-0.033	212.2%	95	105
Call · $65 In the money Last $103.00 Breakeven $168.00 Implied vol 229.4% Delta 0.96 ≈96% ITM Gamma 0.001 Theta -0.174 Vega 0.038 Open interest 4 Model this call Put · $65 Last $0.05 Breakeven $64.95 Implied vol 212.2% Delta -0.033 ≈3% ITM Gamma 0.001 Theta -0.131 Vega 0.022 Open interest 105 Model this put
5	1	208.4%	0.957	$95.50		$1.90	-0.019	162.5%	2	7
Call · $70 In the money Last $95.50 Breakeven $165.50 Implied vol 208.4% Delta 0.957 ≈96% ITM Gamma 0.001 Theta -0.167 Vega 0.04 Open interest 5 Model this call Put · $70 Last $1.90 Breakeven $68.10 Implied vol 162.5% Delta -0.019 ≈2% ITM Gamma 0.001 Theta -0.062 Vega 0.012 Open interest 7 Model this put
23	1	190.1%	0.953	$69.70		$2.15	-0.02	148.9%	1	1
Call · $75 In the money Last $69.70 Breakeven $144.70 Implied vol 190.1% Delta 0.953 ≈95% ITM Gamma 0.002 Theta -0.163 Vega 0.041 Open interest 23 Model this call Put · $75 Last $2.15 Breakeven $72.85 Implied vol 148.9% Delta -0.02 ≈2% ITM Gamma 0.001 Theta -0.061 Vega 0.024 Open interest 1 Model this put
2	1	182.6%	0.95	$80.50		$1.00	-0.047	178.8%	1	3
Call · $77.5 In the money Last $80.50 Breakeven $158.00 Implied vol 182.6% Delta 0.95 ≈95% ITM Gamma 0.002 Theta -0.164 Vega 0.042 Open interest 2 Model this call Put · $77.5 Last $1.00 Breakeven $76.50 Implied vol 178.8% Delta -0.047 ≈5% ITM Gamma 0.002 Theta -0.146 Vega 0.042 Open interest 3 Model this put
32	1	174.2%	0.948	$60.00		$0.10	-0.046	167.7%	40	55
Call · $80 In the money Last $60.00 Breakeven $140.00 Implied vol 174.2% Delta 0.948 ≈95% ITM Gamma 0.002 Theta -0.162 Vega 0.043 Open interest 32 Model this call Put · $80 Last $0.10 Breakeven $79.90 Implied vol 167.7% Delta -0.046 ≈5% ITM Gamma 0.002 Theta -0.136 Vega 0.043 Open interest 55 Model this put
4	1	166.1%	0.946	$56.00		$0.05	-0.052	163.3%	7	15
Call · $82.5 In the money Last $56.00 Breakeven $138.50 Implied vol 166.1% Delta 0.946 ≈95% ITM Gamma 0.002 Theta -0.16 Vega 0.044 Open interest 4 Model this call Put · $82.5 Last $0.05 Breakeven $82.45 Implied vol 163.3% Delta -0.052 ≈5% ITM Gamma 0.002 Theta -0.144 Vega 0.044 Open interest 15 Model this put
1	1	159.3%	0.942	$51.20		$0.05	-0.055	156.1%	1	4
Call · $85 In the money Last $51.20 Breakeven $136.20 Implied vol 159.3% Delta 0.942 ≈94% ITM Gamma 0.002 Theta -0.161 Vega 0.044 Open interest 1 Model this call Put · $85 Last $0.05 Breakeven $84.95 Implied vol 156.1% Delta -0.055 ≈5% ITM Gamma 0.002 Theta -0.144 Vega 0.044 Open interest 4 Model this put
8	1	150.6%	0.941	$52.50		$0.45	-0.054	145.9%	1	4
Call · $87.5 In the money Last $52.50 Breakeven $140.00 Implied vol 150.6% Delta 0.941 ≈94% ITM Gamma 0.002 Theta -0.156 Vega 0.045 Open interest 8 Model this call Put · $87.5 Last $0.45 Breakeven $87.05 Implied vol 145.9% Delta -0.054 ≈5% ITM Gamma 0.002 Theta -0.133 Vega 0.045 Open interest 4 Model this put
9	5	139.9%	0.942	$74.50		$0.40	-0.027	109.9%	1	10
Call · $90 In the money Last $74.50 Breakeven $164.50 Implied vol 139.9% Delta 0.942 ≈94% ITM Gamma 0.003 Theta -0.144 Vega 0.046 Open interest 9 Model this call Put · $90 Last $0.40 Breakeven $89.60 Implied vol 109.9% Delta -0.027 ≈3% ITM Gamma 0.002 Theta -0.057 Vega 0.027 Open interest 10 Model this put
1	2	132.8%	0.939	$44.50		$3.20	-0.031	105.9%	1	9
Call · $92.5 In the money Last $44.50 Breakeven $137.00 Implied vol 132.8% Delta 0.939 ≈94% ITM Gamma 0.003 Theta -0.142 Vega 0.047 Open interest 1 Model this call Put · $92.5 Last $3.20 Breakeven $89.30 Implied vol 105.9% Delta -0.031 ≈3% ITM Gamma 0.002 Theta -0.061 Vega 0.027 Open interest 9 Model this put
11	1	132.2%	0.928	$64.05		$4.30	-0.037	103.8%	1	3
Call · $95 In the money Last $64.05 Breakeven $159.05 Implied vol 132.2% Delta 0.928 ≈93% ITM Gamma 0.003 Theta -0.159 Vega 0.047 Open interest 11 Model this call Put · $95 Last $4.30 Breakeven $90.70 Implied vol 103.8% Delta -0.037 ≈4% ITM Gamma 0.002 Theta -0.069 Vega 0.027 Open interest 3 Model this put
1	2	125.3%	0.924	$41.60		$2.80	-0.034	94.6%	1	2
Call · $97.5 In the money Last $41.60 Breakeven $139.10 Implied vol 125.3% Delta 0.924 ≈92% ITM Gamma 0.003 Theta -0.157 Vega 0.048 Open interest 1 Model this call Put · $97.5 Last $2.80 Breakeven $94.70 Implied vol 94.6% Delta -0.034 ≈3% ITM Gamma 0.002 Theta -0.059 Vega 0.028 Open interest 2 Model this put
3	1	120.7%	0.918	$50.41		$2.15	-0.041	92.8%	1	25
Call · $100 In the money Last $50.41 Breakeven $150.41 Implied vol 120.7% Delta 0.918 ≈92% ITM Gamma 0.004 Theta -0.162 Vega 0.048 Open interest 3 Model this call Put · $100 Last $2.15 Breakeven $97.85 Implied vol 92.8% Delta -0.041 ≈4% ITM Gamma 0.003 Theta -0.068 Vega 0.028 Open interest 25 Model this put
4	2	119.1%	0.893	$42.80		$0.95	-0.036	76.2%	1	53
Call · $105 In the money Last $42.80 Breakeven $147.80 Implied vol 119.1% Delta 0.893 ≈89% ITM Gamma 0.005 Theta -0.194 Vega 0.075 Open interest 4 Model this call Put · $105 Last $0.95 Breakeven $104.05 Implied vol 76.2% Delta -0.036 ≈4% ITM Gamma 0.003 Theta -0.05 Vega 0.029 Open interest 53 Model this put
28	1	107.3%	0.876	$50.15		$0.50	-0.052	72.3%	7	1.3k
Call · $110 In the money Last $50.15 Breakeven $160.15 Implied vol 107.3% Delta 0.876 ≈88% ITM Gamma 0.006 Theta -0.193 Vega 0.076 Open interest 28 Model this call Put · $110 Last $0.50 Breakeven $109.50 Implied vol 72.3% Delta -0.052 ≈5% ITM Gamma 0.005 Theta -0.064 Vega 0.029 Open interest 1.3k Model this put
18	1	95.5%	0.856	$27.47		$0.65	-0.084	70%	11	479
Call · $115 In the money Last $27.47 Breakeven $142.47 Implied vol 95.5% Delta 0.856 ≈86% ITM Gamma 0.007 Theta -0.19 Vega 0.078 Open interest 18 Model this call Put · $115 Last $0.65 Breakeven $114.35 Implied vol 70% Delta -0.084 ≈8% ITM Gamma 0.007 Theta -0.088 Vega 0.052 Open interest 479 Model this put
37	8	88%	0.824	$27.00		$1.10	-0.1	60.3%	6	67
Call · $120 In the money Last $27.00 Breakeven $147.00 Implied vol 88% Delta 0.824 ≈82% ITM Gamma 0.009 Theta -0.2 Vega 0.08 Open interest 37 Model this call Put · $120 Last $1.10 Breakeven $118.90 Implied vol 60.3% Delta -0.1 ≈10% ITM Gamma 0.009 Theta -0.087 Vega 0.053 Open interest 67 Model this put
58	20	82.1%	0.78	$25.38		$1.61	-0.163	60.7%	2	41
Call · $125 In the money Last $25.38 Breakeven $150.38 Implied vol 82.1% Delta 0.78 ≈78% ITM Gamma 0.011 Theta -0.213 Vega 0.107 Open interest 58 Model this call Put · $125 Last $1.61 Breakeven $123.39 Implied vol 60.7% Delta -0.163 ≈16% ITM Gamma 0.012 Theta -0.122 Vega 0.082 Open interest 41 Model this put
45	8	75.5%	0.726	$18.30		$2.45	-0.225	56.2%	15	62
Call · $130 In the money Last $18.30 Breakeven $148.30 Implied vol 75.5% Delta 0.726 ≈73% ITM Gamma 0.013 Theta -0.219 Vega 0.109 Open interest 45 Model this call Put · $130 Last $2.45 Breakeven $127.55 Implied vol 56.2% Delta -0.225 ≈23% ITM Gamma 0.016 Theta -0.138 Vega 0.109 Open interest 62 Model this put
33	5	68.7%	0.66	$10.00		$3.10	-0.317	54.6%	38	38
Call · $135 In the money Last $10.00 Breakeven $145.00 Implied vol 68.7% Delta 0.66 ≈66% ITM Gamma 0.016 Theta -0.22 Vega 0.128 Open interest 33 Model this call Put · $135 Last $3.10 Breakeven $131.90 Implied vol 54.6% Delta -0.317 ≈32% ITM Gamma 0.02 Theta -0.16 Vega 0.112 Open interest 38 Model this put
51	10	67.4%	0.573	$14.60		$5.30	-0.422	50%	6	167
Call · $140 In the money Last $14.60 Breakeven $154.60 Implied vol 67.4% Delta 0.573 ≈57% ITM Gamma 0.018 Theta -0.229 Vega 0.13 Open interest 51 Model this call Put · $140 Last $5.30 Breakeven $134.70 Implied vol 50% Delta -0.422 ≈42% ITM Gamma 0.024 Theta -0.158 Vega 0.131 Open interest 167 Model this put
Underlying $143.25
87	10	64%	0.481	$11.00		$6.30	-0.544	48.5%	4	41
Call · $145 Last $11.00 Breakeven $156.00 Implied vol 64% Delta 0.481 ≈48% ITM Gamma 0.019 Theta -0.219 Vega 0.133 Open interest 87 Model this call Put · $145 In the money Last $6.30 Breakeven $138.70 Implied vol 48.5% Delta -0.544 ≈54% ITM Gamma 0.025 Theta -0.153 Vega 0.133 Open interest 41 Model this put
600	2	62.9%	0.388	$4.30		$8.70	-0.672	45.5%	17	25
Call · $150 Last $4.30 Breakeven $154.30 Implied vol 62.9% Delta 0.388 ≈39% ITM Gamma 0.019 Theta -0.209 Vega 0.119 Open interest 600 Model this call Put · $150 In the money Last $8.70 Breakeven $141.30 Implied vol 45.5% Delta -0.672 ≈67% ITM Gamma 0.024 Theta -0.129 Vega 0.119 Open interest 25 Model this put
67	3	60.5%	0.299	$5.65		$11.60	-0.797	42.1%	7	26
Call · $155 Last $5.65 Breakeven $160.65 Implied vol 60.5% Delta 0.299 ≈30% ITM Gamma 0.017 Theta -0.179 Vega 0.121 Open interest 67 Model this call Put · $155 In the money Last $11.60 Breakeven $143.40 Implied vol 42.1% Delta -0.797 ≈80% ITM Gamma 0.021 Theta -0.09 Vega 0.093 Open interest 26 Model this put
136	21	55.1%	0.201	$2.60		$21.43	-0.935	34.7%	2	12
Call · $160 Last $2.60 Breakeven $162.60 Implied vol 55.1% Delta 0.201 ≈20% ITM Gamma 0.015 Theta -0.131 Vega 0.095 Open interest 136 Model this call Put · $160 In the money Last $21.43 Breakeven $138.57 Implied vol 34.7% Delta -0.935 ≈93% ITM Gamma 0.014 Theta -0.03 Vega 0.047 Open interest 12 Model this put
576	4	57.6%	0.149	$2.40		$22.00	—	—	1	8
Call · $165 Last $2.40 Breakeven $167.40 Implied vol 57.6% Delta 0.149 ≈15% ITM Gamma 0.012 Theta -0.115 Vega 0.064 Open interest 576 Model this call Put · $165 In the money Last $22.00 Breakeven $143.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 8 Model this put
28	3	58.5%	0.11	$1.50		$13.80	—	—	2	3
Call · $170 Last $1.50 Breakeven $171.50 Implied vol 58.5% Delta 0.11 ≈11% ITM Gamma 0.01 Theta -0.093 Vega 0.065 Open interest 28 Model this call Put · $170 In the money Last $13.80 Breakeven $156.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 Model this put
49	1	60.2%	0.078	$1.00		$36.60	—	—	1	1
Call · $175 Last $1.00 Breakeven $176.00 Implied vol 60.2% Delta 0.078 ≈8% ITM Gamma 0.007 Theta -0.075 Vega 0.039 Open interest 49 Model this call Put · $175 In the money Last $36.60 Breakeven $138.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
609	2	73.4%	0.1	$0.80		$38.00	—	—	2	2
Call · $180 Last $0.80 Breakeven $180.80 Implied vol 73.4% Delta 0.1 ≈10% ITM Gamma 0.007 Theta -0.108 Vega 0.067 Open interest 609 Model this call Put · $180 In the money Last $38.00 Breakeven $142.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
15	10	84.3%	0.11	$0.75		$43.20	—	—	2	2
Call · $185 Last $0.75 Breakeven $185.75 Implied vol 84.3% Delta 0.11 ≈11% ITM Gamma 0.007 Theta -0.133 Vega 0.068 Open interest 15 Model this call Put · $185 In the money Last $43.20 Breakeven $141.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
37	1	70.2%	0.046	$0.50		$51.50	—	—	6	4
Call · $190 Last $0.50 Breakeven $190.50 Implied vol 70.2% Delta 0.046 ≈5% ITM Gamma 0.004 Theta -0.057 Vega 0.04 Open interest 37 Model this call Put · $190 In the money Last $51.50 Breakeven $138.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 Model this put
11	1	94.4%	0.092	$0.45		$56.50	—	—	4	0
Call · $195 Last $0.45 Breakeven $195.45 Implied vol 94.4% Delta 0.092 ≈9% ITM Gamma 0.005 Theta -0.131 Vega 0.069 Open interest 11 Model this call Put · $195 In the money Last $56.50 Breakeven $138.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
22	1	97.1%	0.081	$0.05		$61.50	—	—	4	0
Call · $200 Last $0.05 Breakeven $200.05 Implied vol 97.1% Delta 0.081 ≈8% ITM Gamma 0.005 Theta -0.123 Vega 0.041 Open interest 22 Model this call Put · $200 In the money Last $61.50 Breakeven $138.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
31	3	89.7%	0.038	$1.20		$75.50	—	—	2	0
Call · $210 Last $1.20 Breakeven $211.20 Implied vol 89.7% Delta 0.038 ≈4% ITM Gamma 0.003 Theta -0.062 Vega 0.021 Open interest 31 Model this call Put · $210 In the money Last $75.50 Breakeven $134.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	97.6%	0.035	$0.45		$75.00	—	—	1	0
Call · $220 Last $0.45 Breakeven $220.45 Implied vol 97.6% Delta 0.035 ≈4% ITM Gamma 0.002 Theta -0.063 Vega 0.021 Open interest 1 Model this call Put · $220 In the money Last $75.00 Breakeven $145.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	105.1%	0.033	$0.45		—	—	—	—	0
Call · $230 Last $0.45 Breakeven $230.45 Implied vol 105.1% Delta 0.033 ≈3% ITM Gamma 0.002 Theta -0.064 Vega 0.022 Open interest 1 Model this call Put · $230 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
8	3	105.6%	0.022	$0.10		—	—	—	—	0
Call · $240 Last $0.10 Breakeven $240.10 Implied vol 105.6% Delta 0.022 ≈2% ITM Gamma 0.001 Theta -0.046 Vega 0.022 Open interest 8 Model this call Put · $240 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 25 strikes around the money are shown by default — switch to "All 42" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1795250 CUSIP 55826T102 13F (30d) 108 filings 108 filers Visit website Investor relations