EXR251219P00100000 Option on Extra Space Storage

EXR Stock  USD 141.58  1.24  0.87%   
EXR251219P00100000 is a PUT option contract on Extra Space's common stock with a strick price of 100.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 73 days remaining before the expiration. The option is currently trading at an ask price of $2.4. The implied volatility as of the 7th of October is 73.0.
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 0.0431% per day over the life of the option. With Extra Space trading at USD 141.58, that is roughly USD 0.061. 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 0.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Extra Space

An 'Out of The Money' option on Extra has a strike price that Extra Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Extra Space's 'Out of The Money' options include buying the options if you expect a big move in Extra Space's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameEXR251219P00100000
Expires On2025-12-19
Days Before Expriration73
Vega0.112002
Gamma0.004001
Theoretical Value2.4
Open Interest3
Strike Price100.0
Last Traded At0.8
Current Price Spread0.0 | 2.4
Rule 16 Daily Up or DownUSD 0.061

Extra short PUT Option Greeks

Extra Space's Option Greeks for the contract ending on 2025-12-19 at a strike price of 100.0 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.
Delta-0.100442
Gamma0.004001
Theta-0.051982
Vega0.112002
Rho-0.030961

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 97.6 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 100.0, the payoff chart is constant and positive.
   Profit   
       Extra Space Price At Expiration  
View All Extra Space Options

Extra Space Storage Available Put 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
 Put
EXR251219P002400000240.096.8 - 100.796.8In
 Put
EXR251219P002300000230.086.8 - 90.786.8In
 Put
EXR251219P002200000220.076.8 - 80.776.8In
 Put
EXR251219P002100000210.066.8 - 70.666.8In
 Put
EXR251219P002000000200.056.8 - 60.756.8In
 Put
EXR251219P001950000195.051.8 - 55.851.8In
 Put
EXR251219P001900000190.046.9 - 50.746.9In
 Put
EXR251219P001850000185.042.0 - 45.842.0In
 Put
EXR251219P001800000180.037.0 - 40.937.0In
 Put
EXR251219P001750000175.032.1 - 35.832.1In
 Put
EXR251219P001700004170.027.3 - 30.725.3In
 Put
EXR251219P001650002165.022.5 - 25.924.5In
 Put
EXR251219P0016000015160.018.6 - 21.614.4In
 Put
EXR251219P001550004155.013.8 - 17.311.57In
 Put
EXR251219P0015000018150.011.5 - 12.414.27In
 Put
EXR251219P0014500011145.08.3 - 9.27.81In
 Put
EXR251219P0014000088140.05.2 - 6.87.9Out
 Put
EXR251219P0013500082135.03.6 - 4.64.25Out
 Put
EXR251219P00130000123130.02.2 - 2.82.65Out
 Put
EXR251219P00125000250125.01.4 - 2.22.36Out
 Put
EXR251219P0012000030120.00.8 - 1.551.36Out
 Put
EXR251219P0011500015115.00.5 - 2.10.8Out
 Put
EXR251219P00110000522110.00.05 - 1.80.76Out
 Put
EXR251219P0010500056105.00.05 - 1.250.87Out
 Put
EXR251219P001000003100.00.0 - 2.40.8Out
 Put
EXR251219P00095000395.00.0 - 2.02.0Out
 Put
EXR251219P00090000690.00.0 - 2.252.25Out
 Put
EXR251219P00085000285.00.0 - 0.750.75Out
 Put
EXR251219P000750001975.00.0 - 0.40.15Out
 Put
EXR251219P00070000270.00.0 - 0.750.38Out

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.