null Option on TheRealReal

REAL Stock  USD 12.73  0.00  0.00%   
TheRealReal's latest option contracts expiring on May 15th 2026 are carrying combined implied volatility of 0.93 with a put-to-call open interest ratio of 0.17 over 20 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on May 15th 2026. The total put volume is at 52.0, with calls trading at the volume of 50.0. This yields a 1.04 put-to-call volume ratio.

Open Interest Against May 15th 2026 Option Contracts

The chart above shows TheRealReal'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. TheRealReal's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for TheRealReal's option, there is no secondary market available for investors to trade.

TheRealReal Maximum Pain Price Across 2026-05-15 Option Contracts

TheRealReal's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, 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 TheRealReal

Analyzing TheRealReal's in-the-money options over time can help investors to take a profitable long position in TheRealReal regardless of its overall volatility. This is especially true when TheRealReal's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money TheRealReal's options could be used as guardians of the underlying stock as they move almost dollar for dollar with TheRealReal's stock while costing only a fraction of its price.

TheRealReal In The Money Call Balance

When TheRealReal's strike price is surpassing the current stock price, the option contract against TheRealReal stock is said to be in the money. When it comes to buying TheRealReal'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 TheRealReal 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.

TheRealReal Current Options Market Mood

TheRealReal'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 TheRealReal 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 TheRealReal's options investors are not very successful. TheRealReal'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 TheRealReal contract

Base on the Rule 16, the options market is currently suggesting that TheRealReal will have an average daily up or down price movement of about 0.0581% per day over the life of the 2026-05-15 option contract. With TheRealReal trading at USD 12.73, that is roughly USD 0.007399. If you think that the market is fully incorporating TheRealReal's daily price movement you should consider buying TheRealReal options at the current volatility level of 0.93%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing TheRealReal 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" TheRealReal calls. Remember, the seller must deliver TheRealReal stock to the call owner when a call is exercised.

TheRealReal Option Chain

When TheRealReal's strike price is surpassing the current stock price, the option contract against TheRealReal 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.
TheRealReal's option chain is a display of a range of information that helps investors for ways to trade options on TheRealReal. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for TheRealReal. It also shows strike prices and maturity days for a TheRealReal 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
REAL260515C000300007030.00.0 - 0.30.25Out
Call
REAL260515C0002500010425.00.05 - 0.750.4Out
Call
REAL260515C00022500129122.50.3 - 0.550.4Out
Call
REAL260515C00020000139620.00.3 - 0.750.82Out
Call
REAL260515C00017500279917.50.9 - 1.11.0Out
Call
REAL260515C00015000321815.01.55 - 1.71.65Out
Call
REAL260515C00012500178512.52.45 - 2.72.6In
Call
REAL260515C000100003210.03.2 - 4.46.55In
Call
REAL260515C00007500197.55.0 - 6.56.51In
Call
REAL260515C0000500035.07.1 - 8.67.25In
 Put
REAL260515P000050003355.00.0 - 0.750.05Out
 Put
REAL260515P00007500317.50.05 - 0.750.38Out
 Put
REAL260515P0001000030810.00.75 - 1.050.9Out
 Put
REAL260515P0001250029212.51.65 - 2.152.0Out
 Put
REAL260515P0001500054315.03.1 - 3.63.2In
 Put
REAL260515P0001750029117.54.9 - 6.13.3In
 Put
REAL260515P000200004820.07.0 - 8.55.2In
 Put
REAL260515P00022500222.59.3 - 10.88.0In
 Put
REAL260515P00025000025.011.2 - 13.511.2In
 Put
REAL260515P00030000030.016.1 - 18.516.1In

TheRealReal Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

TheRealReal Market Cap Over Time

   Market Cap   
       Timeline  

TheRealReal Total Stockholder Equity

Total Stockholder Equity

(348.31 Million)

The company's current value of Total Stockholder Equity is estimated at (348.31 Million)

TheRealReal Corporate Management

Ming LoChief VPProfile
Ali ZaferSenior OperationsProfile
Caitlin HoweSenior RelationsProfile
Paul BieberHead MarketsProfile
Caitlin JDSenior RelationsProfile
Zaina OrbaiChief OfficerProfile
Robert BurrisSenior TalentProfile
When determining whether TheRealReal is a strong investment it is important to analyze TheRealReal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TheRealReal's future performance. For an informed investment choice regarding TheRealReal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in TheRealReal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy TheRealReal Stock please use our How to buy in TheRealReal Stock guide.
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Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TheRealReal. Anticipated expansion of TheRealReal directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive TheRealReal assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(1.01)
Revenue Per Share
5.868
Quarterly Revenue Growth
0.175
Return On Assets
(0.06)
Return On Equity
(9.33)
The market value of TheRealReal is measured differently than its book value, which is the value of TheRealReal that is recorded on the company's balance sheet. Investors also form their own opinion of TheRealReal's value that differs from its market value or its book value, called intrinsic value, which is TheRealReal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TheRealReal's market value can be influenced by many factors that don't directly affect TheRealReal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between TheRealReal's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding TheRealReal should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, TheRealReal's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.