SPHR - Sphere Entertainment Co.
Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.
As of May 15, 2026: spot at $135.38, ATM IV 54.0%, max pain $135.00, net GEX $763.6K.
- Sector
- Communication Services
- Industry
- Entertainment
- Market Cap
- $4.75B
- P/E Ratio
- 39.46
- Beta
- 1.68
- 52-Week Range
- 35.58-149
- CEO
- James Lawrence Dolan
- Employees
- 1,080
- IPO Date
- Apr 9, 2020
- Exchange
- NYSE
What SPHR Looks Like to Options Traders Today
IV rank of 26.2% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($763.6K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.035) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The SPHR overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked SPHR overview questions
- What is SPHR?
- SPHR is the ticker symbol for Sphere Entertainment Co., a listed security. Sphere Entertainment Co. engages in the entertainment business. Listed on NYSE. SPHR is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the SPHR options snapshot look like today?
- As of May 15, 2026, the SPHR options snapshot shows spot at $135.38, ATM IV 54.0%, IV rank 26.2%, max pain $135.00, net GEX $763.6K, expected move 15.48%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are SPHR's key statistics?
- Sphere Entertainment Co. (SPHR) carries a market capitalization of $4.75B, trailing P/E ratio of 39.46, beta of 1.68 relative to the broader market, 52-week range of 35.58-149. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does SPHR belong to?
- Sphere Entertainment Co. operates in the Communication Services sector, in the Entertainment industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SPHR's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SPHR data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).