Innovative Industrial Properties (IIPR) Options Chain
NYSE: IIPRFinanceReal EstateUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $51.83
- Put/call ratio (OI)
- 0.75
- Put/call ratio (volume)
- 0.72
- Expected move
- ±$7.66
- Open interest (C / P)
- 723 / 543
IIPR options summary
The IIPR options chain for the November 20, 2026 expiration lists 6 call and 5 put contracts, with 40 days until expiration. Open interest stands at 723 calls and 543 puts, a put/call ratio of 0.75, which is fairly balanced between calls and puts. At-the-money implied volatility near the $50.00 strike is 44.6%, which implies the market expects a move of about ±$7.66 (14.8%) in Innovative Industrial Properties stock by expiration.
The most open interest sits at the $60.00 call (355 contracts) and the $50.00 put (255 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
IIPR options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 40.00 | 0.00 | 0.30 | 0.20 | |||||
| 7.82 | 7.10 | 8.60 | 45.00 | 0.40 | 0.60 | 0.45 | |||||
| 4.05 | 3.50 | 4.00 | 50.00 | 1.40 | 2.25 | 1.60 | |||||
| 1.30 | 1.25 | 1.40 | 55.00 | 4.10 | 4.60 | 4.20 | |||||
| 0.45 | 0.30 | 0.60 | 60.00 | 7.40 | 8.90 | 9.40 | |||||
| 0.14 | 0.00 | 0.20 | 65.00 | — | — | — | |||||
| 0.25 | 0.00 | 0.55 | 70.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the IIPR put/call ratio?
For the November 20, 2026 expiration, the IIPR put/call ratio based on open interest is 0.75 (543 puts vs 723 calls), and 0.72 based on today's volume. A ratio above 1 means more puts than calls.
What is IIPR's implied volatility?
At-the-money implied volatility for IIPR options expiring November 20, 2026 is about 44.6%, an annualized estimate of how much the market expects Innovative Industrial Properties stock to move.
How many IIPR option expiration dates are there?
IIPR has 6 listed expiration dates, from Oct 16, 2026 to Jun 17, 2027.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.