EXR251219C00085000 Option on Extra Space Storage

EXR Stock  USD 149.19  1.35  0.91%   
EXR251219C00085000 is a PUT option contract on Extra Space's common stock with a strick price of 85.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 65 days remaining before the expiration. The option is currently trading at a bid price of $61.3, and an ask price of $65.4. The implied volatility as of the 15th of October 2025 is 65.0.
When exercised, put options on Extra Space produce a short position in Extra Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Extra Space's downside price movement.

Rule 16 of 2025-12-19 Option Contract

The options market is anticipating that Extra Space Storage will have an average daily up or down price movement of about 0.0492% per day over the life of the option. With Extra Space trading at USD 149.19, that is roughly USD 0.0734. If you think that the market is fully understating Extra Space's daily price movement you should consider buying Extra Space Storage options at that current volatility level of 0.79%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Extra Space

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 Extra Space 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 Extra 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 NameEXR251219C00085000
Expires On2025-12-19
Days Before Expriration65
Delta0.965261
Vega0.044246
Gamma0.00149
Theoretical Value63.35
Open Interest1
Strike Price85.0
Current Price Spread61.3 | 65.4
Rule 16 Daily Up or DownUSD 0.0734

Extra short PUT Option Greeks

Extra Space's Option Greeks for the contract ending on 2025-12-19 at a strike price of 85.0 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 Extra Space's option greeks, its implied volatility helps estimate the risk of Extra Space stock implied by the prices of the options on Extra Space's stock.
Delta0.965261
Gamma0.00149
Theta-0.023226
Vega0.044246
Rho0.073774

Extra long PUT Option Payoff at expiration

Put options written on Extra Space grant holders of the option the right to sell a specified amount of Extra Space 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 Extra Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Extra Space is like buying insurance aginst Extra Space's downside shift.
   Profit   
       Extra Space Price At Expiration  

Extra short PUT Option Payoff at expiration

By selling Extra Space's put option, the investors signal their bearish sentiment. A short position in a put option written on Extra Space will generally make money when the underlying price is above the strike price. Therefore Extra Space's put payoff at expiration depends on where the Extra Stock price is relative to the put option strike price. The breakeven price of 148.35 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 Extra Space's price. Finally, at the strike price of 85.0, the payoff chart is constant and positive.
   Profit   
       Extra Space Price At Expiration  
View All Extra Space Options

Extra Space Storage Available Call Options

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 - 0.950.95Out
Call
EXR251219C002300000230.00.0 - 0.950.95Out
Call
EXR251219C002200002220.00.0 - 0.950.95Out
Call
EXR251219C002100001210.00.0 - 0.750.75Out
Call
EXR251219C002000005200.00.0 - 0.750.36Out
Call
EXR251219C001950006195.00.0 - 0.750.75Out
Call
EXR251219C0019000020190.00.0 - 0.750.2Out
Call
EXR251219C00185000181185.00.0 - 0.750.45Out
Call
EXR251219C0018000024180.00.0 - 0.950.62Out
Call
EXR251219C001750005175.00.0 - 1.20.2Out
Call
EXR251219C0017000011170.00.1 - 1.50.45Out
Call
EXR251219C0016500027165.00.1 - 2.10.55Out
Call
EXR251219C0016000097160.00.65 - 3.52.0Out
Call
EXR251219C0015500041155.02.0 - 5.01.89Out
Call
EXR251219C00150000875150.04.3 - 7.05.6Out
Call
EXR251219C0014500030145.06.3 - 9.85.05In
Call
EXR251219C0014000073140.09.6 - 13.69.4In
Call
EXR251219C0013500027135.013.5 - 17.410.6In
Call
EXR251219C001300005130.017.7 - 21.614.5In
Call
EXR251219C001250006125.022.3 - 26.022.3In
Call
EXR251219C001200001120.027.2 - 31.031.3In
Call
EXR251219C00085000185.061.3 - 65.461.3In
Call
EXR251219C00080000180.066.3 - 70.466.3In

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.