Extra Space Stock Options

EXR Stock  USD 156.05  1.05  0.68%   
Extra Space's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.45 with a put-to-call open interest ratio of 0.83 over 46 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on March 21st 2025. The total put volume is at 10.0, with calls trading at the volume of 5.0. This yields a 2.0 put-to-call volume ratio.

Open Interest Against March 21st 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 2025-03-21 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 0.0281% per day over the life of the 2025-03-21 option contract. With Extra Space trading at USD 156.05, that is roughly USD 0.0439. 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 0.45%. 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
EXR250321C001300001130.025.1 - 28.030.8In
Call
EXR250321C001400003140.016.5 - 18.514.07In
Call
EXR250321C0014500010145.012.3 - 14.011.1In
Call
EXR250321C0015000011150.08.7 - 11.09.5In
Call
EXR250321C0015500030155.05.8 - 6.86.33In
Call
EXR250321C0016000068160.03.4 - 4.23.8Out
Call
EXR250321C0016500038165.01.8 - 2.82.37Out
Call
EXR250321C0017000081170.00.9 - 1.71.37Out
Call
EXR250321C0017500024175.00.35 - 0.950.56Out
Call
EXR250321C0018000018180.00.1 - 1.550.48Out
Call
EXR250321C0018500028185.00.1 - 1.350.35Out
Call
EXR250321C001900009190.00.0 - 0.750.35Out
Call
EXR250321C001950002195.00.0 - 0.751.19Out
Call
EXR250321C0020000010200.00.0 - 0.751.5Out
Call
EXR250321C0021000010210.00.0 - 0.750.38Out
Call
EXR250321C002200001220.00.0 - 0.752.61Out
Call
EXR250321C002300005230.00.0 - 0.750.56Out
Call
EXR250321C002400006240.00.0 - 0.750.34Out
Call
EXR250321C002500000250.00.0 - 0.750.75Out
Call
EXR250321C002600000260.00.0 - 0.750.75Out
 Put
EXR250321P000850001185.00.0 - 0.40.25Out
 Put
EXR250321P001100001110.00.0 - 0.750.9Out
 Put
EXR250321P0011500022115.00.05 - 0.750.3Out
 Put
EXR250321P001200004120.00.1 - 0.750.55Out
 Put
EXR250321P0012500011125.00.15 - 0.90.6Out
 Put
EXR250321P0013000010130.00.2 - 1.151.04Out
 Put
EXR250321P0013500034135.00.65 - 1.41.62Out
 Put
EXR250321P0014000037140.00.6 - 2.02.3Out
 Put
EXR250321P0014500038145.01.25 - 2.66.0Out
 Put
EXR250321P0015000028150.03.5 - 4.16.0Out
 Put
EXR250321P0015500032155.05.5 - 7.55.8Out
 Put
EXR250321P0016000012160.06.9 - 9.811.8In
 Put
EXR250321P0016500028165.010.4 - 13.518.77In
 Put
EXR250321P001700003170.015.7 - 17.012.8In
 Put
EXR250321P001750003175.020.0 - 22.019.4In
 Put
EXR250321P0018000021180.024.6 - 27.423.9In
 Put
EXR250321P001850000185.029.0 - 31.715.4In
 Put
EXR250321P001900000190.033.9 - 36.633.9In
 Put
EXR250321P001950000195.038.8 - 41.538.8In
 Put
EXR250321P002000000200.043.9 - 46.543.9In
 Put
EXR250321P002100000210.053.1 - 56.753.1In
 Put
EXR250321P002200000220.062.9 - 66.862.9In
 Put
EXR250321P002300000230.073.1 - 76.873.1In
 Put
EXR250321P002400000240.083.1 - 86.783.1In
 Put
EXR250321P002500000250.093.1 - 96.593.1In
 Put
EXR250321P002600000260.0103.0 - 106.6103.0In

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

33.15 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.