NNN REIT (NNN) Options Chain

NYSE: NNNReal EstateReal Estate Investment TrustsUSD

40.24-0.03 (-0.07%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $40.24
Put/call ratio (OI): 0.50
Put/call ratio (volume): 0.25
ATM implied volatility: 23.9%
Expected move: ±$4.14
Open interest (C / P): 3.60K / 1.81K

NNN options summary

The NNN options chain for the December 18, 2026 expiration lists 6 call and 4 put contracts, with 68 days until expiration. Open interest stands at 3,599 calls and 1,815 puts, a put/call ratio of 0.50, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 23.9%, which implies the market expects a move of about ±$4.14 (10.3%) in NNN REIT stock by expiration.

The most open interest sits at the $50.00 call (2.80K contracts) and the $35.00 put (1.29K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

NNN options chain · December 18, 2026

NNN calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
3	3	42.0%	6.40	4.90	6.10	35.00	0.05	0.70	0.25	38.6%	1	1,293
12	3	22.8%	1.43	1.15	1.70	40.00	1.30	1.60	1.40	24.9%	1	421
NNN $40.24
743	3	20.9%	0.12	0.05	0.20	45.00	4.60	5.80	4.80	38.2%	1	98
2,804	3	49.0%	0.05	0.00	0.75	50.00	9.00	11.60	9.96	69.6%	1	3
33	3	55.3%	0.05	0.00	0.50	55.00	—	—	—	—	—	—
4	1	81.0%	0.05	0.00	2.15	60.00	—	—	—	—	—	—

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 NNN put/call ratio?

For the December 18, 2026 expiration, the NNN put/call ratio based on open interest is 0.50 (1,815 puts vs 3,599 calls), and 0.25 based on today's volume. A ratio above 1 means more puts than calls.

What is NNN's implied volatility?

At-the-money implied volatility for NNN options expiring December 18, 2026 is about 23.9%, an annualized estimate of how much the market expects NNN REIT stock to move.

How many NNN option expiration dates are there?

NNN has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.