null Option on Extra Space Storage
| EXR Stock | USD 133.88 1.58 1.17% |
Extra Space's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.4 with a put-to-call open interest ratio of 0.9 over 46 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on March 20th 2026.
Open Interest Against March 20th 2026 Option Contracts
2026-03-20
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 2026-03-20 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 2026-03-20 option contract. With Extra Space trading at USD 133.88, that is roughly USD 0.0335. 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 Int | Strike Price | Current Spread | Last Price | |||
Call | EXR260320C00210000 | 0 | 210.0 | 0.0 - 0.9 | 0.9 | |
Call | EXR260320C00200000 | 0 | 200.0 | 0.0 - 0.9 | 0.9 | |
Call | EXR260320C00195000 | 0 | 195.0 | 0.0 - 0.9 | 0.9 | |
Call | EXR260320C00190000 | 0 | 190.0 | 0.0 - 0.9 | 0.9 | |
Call | EXR260320C00185000 | 0 | 185.0 | 0.0 - 0.9 | 0.9 | |
Call | EXR260320C00180000 | 5 | 180.0 | 0.0 - 0.95 | 1.45 | Out |
Call | EXR260320C00175000 | 6 | 175.0 | 0.0 - 1.0 | 0.83 | Out |
Call | EXR260320C00170000 | 9 | 170.0 | 0.0 - 1.1 | 0.15 | Out |
Call | EXR260320C00165000 | 234 | 165.0 | 0.0 - 0.75 | 0.4 | Out |
Call | EXR260320C00160000 | 114 | 160.0 | 0.1 - 1.35 | 0.29 | Out |
Call | EXR260320C00155000 | 8 | 155.0 | 0.15 - 1.55 | 0.45 | Out |
Call | EXR260320C00150000 | 62 | 150.0 | 0.3 - 2.2 | 0.95 | Out |
Call | EXR260320C00145000 | 29 | 145.0 | 0.7 - 2.5 | 1.62 | Out |
Call | EXR260320C00140000 | 86 | 140.0 | 2.65 - 5.0 | 2.45 | Out |
Call | EXR260320C00135000 | 33 | 135.0 | 3.9 - 6.0 | 6.1 | Out |
Call | EXR260320C00130000 | 5 | 130.0 | 7.3 - 9.0 | 6.9 | In |
Call | EXR260320C00125000 | 14 | 125.0 | 10.3 - 13.1 | 10.55 | In |
Call | EXR260320C00115000 | 48 | 115.0 | 19.4 - 21.8 | 19.8 | In |
Call | EXR260320C00110000 | 29 | 110.0 | 24.0 - 26.5 | 25.5 | In |
Put | EXR260320P00210000 | 0 | 210.0 | 74.2 - 78.2 | 74.2 | In |
Put | EXR260320P00200000 | 0 | 200.0 | 64.3 - 68.3 | 64.3 | In |
Put | EXR260320P00195000 | 0 | 195.0 | 59.3 - 63.3 | 59.3 | In |
Put | EXR260320P00190000 | 0 | 190.0 | 54.4 - 58.4 | 54.4 | In |
Put | EXR260320P00185000 | 0 | 185.0 | 49.4 - 53.4 | 49.4 | In |
Put | EXR260320P00180000 | 0 | 180.0 | 44.5 - 48.5 | 44.5 | In |
Put | EXR260320P00175000 | 0 | 175.0 | 40.3 - 43.2 | 40.3 | In |
Put | EXR260320P00170000 | 1 | 170.0 | 35.4 - 38.3 | 21.6 | In |
Put | EXR260320P00165000 | 3 | 165.0 | 30.2 - 33.4 | 19.0 | In |
Put | EXR260320P00160000 | 2 | 160.0 | 25.7 - 28.3 | 19.5 | In |
Put | EXR260320P00155000 | 1 | 155.0 | 20.9 - 23.5 | 16.0 | In |
Put | EXR260320P00150000 | 7 | 150.0 | 16.2 - 18.9 | 13.5 | In |
Put | EXR260320P00145000 | 30 | 145.0 | 11.8 - 15.2 | 15.39 | In |
Put | EXR260320P00140000 | 17 | 140.0 | 8.1 - 10.9 | 11.8 | In |
Put | EXR260320P00135000 | 18 | 135.0 | 5.2 - 8.1 | 8.95 | In |
Put | EXR260320P00130000 | 46 | 130.0 | 3.5 - 4.8 | 4.9 | Out |
Put | EXR260320P00125000 | 31 | 125.0 | 1.85 - 3.2 | 2.6 | Out |
Put | EXR260320P00120000 | 45 | 120.0 | 0.65 - 2.05 | 1.34 | Out |
Put | EXR260320P00115000 | 93 | 115.0 | 0.4 - 1.85 | 1.7 | Out |
Put | EXR260320P00110000 | 285 | 110.0 | 0.25 - 1.9 | 1.1 | Out |
Put | EXR260320P00105000 | 3 | 105.0 | 0.05 - 1.65 | 0.75 | Out |
Put | EXR260320P00100000 | 4 | 100.0 | 0.0 - 1.55 | 0.53 | Out |
Put | EXR260320P00095000 | 7 | 95.0 | 0.0 - 1.4 | 0.78 | Out |
Put | EXR260320P00090000 | 8 | 90.0 | 0.0 - 1.3 | 0.4 | Out |
Put | EXR260320P00085000 | 2 | 85.0 | 0.0 - 1.15 | 0.35 | Out |
Put | EXR260320P00080000 | 4 | 80.0 | 0.0 - 0.95 | 0.35 | Out |
Put | EXR260320P00075000 | 5 | 75.0 | 0.0 - 1.0 | 0.24 | Out |
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 |
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Extra Space Corporate Directors
| Dennis Letham | Independent Director | Profile | |
| Roger Porter | Lead Independent Director | Profile | |
| Diane Olmstead | Independent Director | Profile | |
| Spencer Kirk | Independent Director | Profile |
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.