EXR251219P00165000 Option on Extra Space Storage

EXR Stock  USD 150.26  0.55  0.36%   
EXR251219P00165000 is a PUT option contract on Extra Space's common stock with a strick price of 165.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 55 days remaining before the expiration. The option is currently trading at a bid price of $13.8, and an ask price of $17.6. The implied volatility as of the 25th of October is 55.0.
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 0.0158% per day over the life of the option. With Extra Space trading at USD 150.26, that is roughly USD 0.0237. 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 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put 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.
Put Contract NameEXR251219P00165000
Expires On2025-12-19
Days Before Expriration55
Vega0.163785
Gamma0.018418
Theoretical Value15.7
Open Interest2
Strike Price165.0
Last Traded At24.5
Current Price Spread13.8 | 17.6
Rule 16 Daily Up or DownUSD 0.0237

Extra short PUT Option Greeks

Extra Space's Option Greeks for the contract ending on 2025-12-19 at a strike price of 165.0 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-0.800748
Gamma0.018418
Theta-0.035241
Vega0.163785
Rho-0.160859

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 149.3 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 165.0, 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
EXR251219P002400000240.087.1 - 91.187.1In
 Put
EXR251219P002300000230.077.2 - 81.377.2In
 Put
EXR251219P002200000220.067.2 - 71.267.2In
 Put
EXR251219P002100000210.057.3 - 61.357.3In
 Put
EXR251219P002000000200.047.3 - 51.547.3In
 Put
EXR251219P001950000195.042.4 - 46.542.4In
 Put
EXR251219P001900000190.037.5 - 41.637.5In
 Put
EXR251219P001850000185.032.7 - 36.532.7In
 Put
EXR251219P001800000180.027.9 - 31.627.9In
 Put
EXR251219P001750000175.023.0 - 26.823.0In
 Put
EXR251219P001700004170.018.2 - 22.025.3In
 Put
EXR251219P001650002165.013.8 - 17.624.5In
 Put
EXR251219P0016000015160.09.6 - 13.714.4In
 Put
EXR251219P001550004155.06.9 - 10.511.57In
 Put
EXR251219P0015000021150.04.1 - 7.86.36Out
 Put
EXR251219P0014500012145.02.35 - 5.63.8Out
 Put
EXR251219P00140000115140.01.5 - 4.02.6Out
 Put
EXR251219P0013500091135.00.5 - 2.651.5Out
 Put
EXR251219P00130000115130.00.05 - 2.21.0Out
 Put
EXR251219P00125000254125.00.45 - 1.950.79Out
 Put
EXR251219P0012000029120.00.05 - 1.50.75Out
 Put
EXR251219P0011500015115.00.1 - 1.30.8Out
 Put
EXR251219P00110000523110.00.0 - 2.50.37Out
 Put
EXR251219P0010500056105.00.0 - 1.250.87Out
 Put
EXR251219P001000003100.00.0 - 2.30.8Out
 Put
EXR251219P00095000395.00.0 - 2.02.0Out
 Put
EXR251219P00090000690.00.0 - 2.22.2Out
 Put
EXR251219P00085000285.00.0 - 2.22.2Out
 Put
EXR251219P000750002075.00.0 - 0.30.05Out
 Put
EXR251219P00070000270.00.0 - 0.90.38Out

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.