8 calls and 53 puts traded on Nov 4, 2026, 61 contracts in total. Open interest was 12.71K contracts. Over the past 30 days, volume averaged 534 contracts per day. The SLM option volume chart shows volume by strike and expiration date.

SLM IV rank is 16, so its 30-day implied volatility of 47.8% is near the bottom of its one-year range. Over the past year it ranged from 21.0% on Jan 5, 2026 to 191.5% on Jul 17, 2026. See the SLM implied volatility history for a longer view.

The SLM put/call volume ratio was 6.63 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 0.33. The SLM open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for SLM options about one week from expiration was $22.24, 19.1% above the $18.68 close. The SLM max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 54.1%, options price a move of about ±$1.40 (±7.5%) over the next week, a range of roughly $17.28 to $20.08 from the Nov 4, 2026 close. The SLM expected move chart shows it for every expiration date.