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: Jan 21, 2028
Days to expiration: 468
Share price: $54.18
Put/call ratio (OI): 0.74
Put/call ratio (volume): 0.44
ATM implied volatility: 21.1%
Expected move: ±$12.93
Open interest (C / P): 8.68K / 6.43K

O options summary

The O options chain for the January 21, 2028 expiration lists 21 call and 22 put contracts, with 468 days until expiration. Open interest stands at 8,682 calls and 6,430 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $55.00 strike is 21.1%, which implies the market expects a move of about ±$12.93 (23.9%) in Realty Income stock by expiration.

The most open interest sits at the $67.50 call (1.88K contracts) and the $62.50 put (1.32K contracts).

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

O options chain · January 21, 2028

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
2	2	55.7%	28.28	22.00	26.50	30.00	0.10	0.40	0.29	33.7%	1	70
0	2	—	29.66	0.00	0.00	32.50	0.20	0.50	0.35	31.4%	1	155
1	1	44.6%	18.70	16.50	21.50	35.00	0.10	0.85	0.55	31.8%	1	3
—	—	—	—	—	—	37.50	0.45	0.80	0.75	27.4%	15	247
55	34	32.2%	14.15	12.80	16.10	40.00	0.85	1.10	1.00	26.2%	15	191
17	1	26.6%	11.55	11.10	13.40	42.50	1.05	1.50	1.25	25.2%	13	313
22	1	18.2%	9.77	9.70	10.20	45.00	1.60	1.85	1.72	23.3%	4	375
146	8	23.6%	8.20	7.50	9.40	47.50	1.95	2.60	2.40	23.1%	4	210
224	12	20.1%	5.73	5.90	7.10	50.00	3.00	3.30	3.10	21.8%	5	910
196	1	19.1%	5.01	4.90	5.50	52.50	3.90	4.60	4.40	22.5%	1	718
O $54.18
229	21	19.9%	4.00	3.40	4.50	55.00	4.50	5.90	5.30	22.3%	51	552
213	1	18.5%	3.04	2.80	3.20	57.50	5.90	7.40	6.90	22.2%	11	587
980	25	18.5%	2.31	2.00	2.40	60.00	7.30	8.60	8.90	20.1%	1	631
524	1	19.5%	1.71	1.30	2.00	62.50	8.90	11.10	9.90	23.1%	1	1,322
1,258	32	19.2%	1.25	1.10	1.45	65.00	11.70	13.60	11.60	25.7%	5	24
1,876	12	19.4%	0.97	0.80	1.10	67.50	12.60	15.70	13.96	26.2%	1	88
1,295	1	20.0%	0.77	0.50	0.90	70.00	14.00	19.00	14.16	32.3%	1	18
189	1	32.8%	0.53	0.45	2.85	72.50	11.30	12.00	12.50	—	2	3
689	35	20.6%	0.40	0.20	0.55	75.00	13.50	15.60	13.43	—	1	12
364	10	21.2%	0.26	0.10	0.35	80.00	23.50	28.50	19.20	37.5%	1	1
115	53	28.9%	0.10	0.00	0.85	85.00	—	—	—	—	—	—
287	59	33.9%	0.09	0.05	1.15	90.00	0.00	0.00	27.39	—	2	0
—	—	—	—	—	—	95.00	0.00	0.00	32.54	—	—	0

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 January 21, 2028 expiration, the O put/call ratio based on open interest is 0.74 (6,430 puts vs 8,682 calls), and 0.44 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 January 21, 2028 is about 21.1%, 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.