Realty Income (O) Options Chain

NYSE: OReal EstateReal Estate Investment TrustsUSD

54.18+0.01 (+0.02%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $54.18
Put/call ratio (OI): 0.72
Put/call ratio (volume): 0.28
ATM implied volatility: 19.5%
Expected move: ±$4.56
Open interest (C / P): 20.12K / 14.42K

O options summary

The O options chain for the December 18, 2026 expiration lists 20 call and 18 put contracts, with 68 days until expiration. Open interest stands at 20,118 calls and 14,418 puts, a put/call ratio of 0.72, which is fairly balanced between calls and puts. At-the-money implied volatility near the $55.00 strike is 19.5%, which implies the market expects a move of about ±$4.56 (8.4%) in Realty Income stock by expiration.

The most open interest sits at the $65.00 call (4.35K contracts) and the $55.00 put (3.50K contracts).

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

O options chain · December 18, 2026

O 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
0	6	77.7%	25.15	22.50	26.30	30.00	0.00	0.10	0.08	61.3%	1	27
—	—	—	—	—	—	32.50	0.00	1.75	0.05	94.6%	1	22
—	—	—	—	—	—	37.50	0.00	0.50	0.25	53.3%	25	37
0	1	145.6%	23.85	18.00	22.10	40.00	0.00	0.75	0.05	50.1%	10	60
0	1	175.0%	18.53	19.30	22.40	42.50	0.00	0.15	0.08	34.1%	20	375
0	1	—	16.63	0.00	0.00	45.00	0.00	0.15	0.08	27.3%	1	1,039
111	111	34.9%	6.50	6.10	7.50	47.50	0.10	0.25	0.16	23.7%	1	215
150	10	32.7%	4.60	3.60	5.50	50.00	0.20	0.50	0.41	21.1%	29	1,547
191	6	19.9%	2.68	2.50	2.80	52.50	0.90	1.10	1.05	19.6%	9	1,237
O $54.18
1,320	251	18.3%	1.29	1.15	1.35	55.00	2.10	2.40	2.18	20.8%	12	3,502
1,395	74	17.8%	0.50	0.45	0.55	57.50	3.80	4.40	4.10	24.6%	1	2,190
2,987	52	18.0%	0.16	0.05	0.20	60.00	5.90	6.40	6.13	25.0%	11	2,297
2,129	21	21.5%	0.10	0.05	0.15	62.50	7.10	9.80	9.20	44.2%	7	1,259
4,348	3	23.9%	0.08	0.05	0.10	65.00	10.60	12.10	11.28	47.7%	2	512
2,950	2	30.0%	0.07	0.00	0.15	67.50	11.80	14.90	13.00	57.7%	8	72
1,848	3	31.4%	0.03	0.00	0.10	70.00	14.10	18.00	13.60	71.4%	9	15
264	1	39.5%	0.04	0.00	0.20	72.50	—	—	—	—	—	—
2,373	2	43.1%	0.02	0.00	0.20	75.00	19.30	22.70	14.00	77.3%	1	2
37	3	53.6%	0.07	0.00	0.30	80.00	—	—	—	—	—	—
2	2	53.0%	0.05	0.00	0.15	85.00	25.00	31.00	27.80	54.8%	10	10
10	4	71.9%	0.05	0.00	0.95	90.00	—	—	—	—	—	—
3	1	50.4%	0.04	0.00	0.05	95.00	—	—	—	—	—	—

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 O put/call ratio?

For the December 18, 2026 expiration, the O put/call ratio based on open interest is 0.72 (14,418 puts vs 20,118 calls), and 0.28 based on today's volume. A ratio above 1 means more puts than calls.

What is O's implied volatility?

At-the-money implied volatility for O options expiring December 18, 2026 is about 19.5%, an annualized estimate of how much the market expects Realty Income stock to move.

How many O option expiration dates are there?

O has 9 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.