Extra Space Stock Options

EXR Stock  USD 142.82  1.35  0.95%   
Extra Space's latest option contracts expiring on December 19th 2025 are carrying combined implied volatility of 0.4 with a put-to-call open interest ratio of 0.88 over 53 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on December 19th 2025. The total put volume is at 35.0, with calls trading at the volume of 23.0. This yields a 1.52 put-to-call volume ratio.

Open Interest Against December 19th 2025 Option Contracts

The chart above shows Extra Space'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. Extra Space's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Extra Space's option, there is no secondary market available for investors to trade.

Extra Space Maximum Pain Price Across 2025-12-19 Option Contracts

Max pain occurs when Extra Space's market makers reach a net positive position across all Extra Space's options at a strike price where option holders stand to lose the most money. By contrast, Extra Space'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 Extra Space

Analyzing Extra Space's in-the-money options over time can help investors to take a profitable long position in Extra Space regardless of its overall volatility. This is especially true when Extra Space's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Extra Space's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Extra Space's stock while costing only a fraction of its price.

Extra Space Storage In The Money Call Balance

When Extra Space's strike price is surpassing the current stock price, the option contract against Extra Space Storage stock is said to be in the money. When it comes to buying Extra Space'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 Extra Space Storage 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.

Extra Current Options Market Mood

Extra Space'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 Extra 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

Unfortunately, most Extra Space's options investors are not very successful. Extra Space'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 Extra contract

Base on the Rule 16, the options market is currently suggesting that Extra Space Storage will have an average daily up or down price movement of about 0.025% per day over the life of the 2025-12-19 option contract. With Extra Space trading at USD 142.82, that is roughly USD 0.0357. If you think that the market is fully incorporating Extra Space's daily price movement you should consider buying Extra Space Storage options at the current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Extra Space 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" Extra calls. Remember, the seller must deliver Extra Space Storage stock to the call owner when a call is exercised.

Extra Space Option Chain

When Extra Space's strike price is surpassing the current stock price, the option contract against Extra Space Storage 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.
Extra Space's option chain is a display of a range of information that helps investors for ways to trade options on Extra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Extra. It also shows strike prices and maturity days for a Extra Space 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
EXR251219C002400001240.00.0 - 2.152.15Out
Call
EXR251219C002300000230.00.0 - 2.152.15Out
Call
EXR251219C002200002220.00.0 - 2.152.15Out
Call
EXR251219C002100001210.00.0 - 2.152.15Out
Call
EXR251219C002000005200.00.0 - 2.20.36Out
Call
EXR251219C001950006195.00.0 - 2.22.2Out
Call
EXR251219C0019000020190.00.0 - 2.20.2Out
Call
EXR251219C00185000181185.00.0 - 2.250.45Out
Call
EXR251219C0018000024180.00.0 - 2.250.62Out
Call
EXR251219C001750005175.00.0 - 2.350.2Out
Call
EXR251219C0017000014170.00.25 - 0.450.45Out
Call
EXR251219C0016500024165.00.5 - 0.80.7Out
Call
EXR251219C00160000100160.00.85 - 1.550.9Out
Call
EXR251219C0015500033155.01.7 - 2.62.38Out
Call
EXR251219C00150000866150.03.3 - 4.03.7Out
Call
EXR251219C0014500029145.05.3 - 6.44.0Out
Call
EXR251219C0014000073140.07.6 - 9.19.4In
Call
EXR251219C0013500027135.011.3 - 12.310.6In
Call
EXR251219C001300005130.013.6 - 17.614.5In
Call
EXR251219C001250006125.018.1 - 22.018.1In
Call
EXR251219C001200001120.022.8 - 26.531.3In
Call
EXR251219C00085000185.056.6 - 60.556.6In
Call
EXR251219C00080000180.061.5 - 65.661.5In
 Put
EXR251219P002400000240.095.2 - 99.195.2In
 Put
EXR251219P002300000230.085.2 - 89.185.2In
 Put
EXR251219P002200000220.075.2 - 79.175.2In
 Put
EXR251219P002100000210.065.2 - 69.065.2In
 Put
EXR251219P002000000200.055.4 - 59.155.4In
 Put
EXR251219P001950000195.050.3 - 54.250.3In
 Put
EXR251219P001900000190.045.3 - 49.245.3In
 Put
EXR251219P001850000185.040.4 - 44.340.4In
 Put
EXR251219P001800000180.035.3 - 39.435.3In
 Put
EXR251219P001750000175.030.4 - 34.230.4In
 Put
EXR251219P001700004170.025.7 - 29.325.3In
 Put
EXR251219P001650002165.021.0 - 24.624.5In
 Put
EXR251219P0016000015160.016.6 - 20.214.4In
 Put
EXR251219P001550004155.013.9 - 14.911.57In
 Put
EXR251219P0015000018150.010.2 - 11.314.27In
 Put
EXR251219P0014500011145.07.3 - 8.47.81In
 Put
EXR251219P0014000088140.04.5 - 6.17.9Out
 Put
EXR251219P0013500082135.03.3 - 4.14.25Out
 Put
EXR251219P00130000126130.01.9 - 2.952.3Out
 Put
EXR251219P00125000250125.01.15 - 2.02.36Out
 Put
EXR251219P0012000030120.00.7 - 1.41.36Out
 Put
EXR251219P0011500015115.00.5 - 2.20.8Out
 Put
EXR251219P00110000522110.00.05 - 1.30.76Out
 Put
EXR251219P0010500056105.00.05 - 0.70.87Out
 Put
EXR251219P001000004100.00.0 - 0.550.8Out
 Put
EXR251219P00095000395.00.0 - 2.02.0Out
 Put
EXR251219P00090000690.00.0 - 2.252.25Out
 Put
EXR251219P00085000285.00.0 - 0.80.8Out
 Put
EXR251219P000750001975.00.0 - 1.40.15Out
 Put
EXR251219P00070000270.00.0 - 2.150.38Out

Extra Space Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Extra Space Market Cap Over Time

   Market Cap   
       Timeline  

Extra Liabilities And Stockholders Equity

Liabilities And Stockholders Equity

30.29 Billion

At this time, Extra Space's Liabilities And Stockholders Equity is relatively stable compared to the past year.

Extra Space Corporate Directors

Dennis LethamIndependent DirectorProfile
Roger PorterLead Independent DirectorProfile
Diane OlmsteadIndependent DirectorProfile
Spencer KirkIndependent DirectorProfile

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space'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 Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.