RealReal (REAL) Options Chain

NASDAQ: REALConsumer DiscretionaryOther Specialty StoresUSD

9.75+0.13 (+1.35%)

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

Expiration date

Expiration: Feb 19, 2027
Days to expiration: 131
Share price: $9.75
Put/call ratio (OI): 1.31
Put/call ratio (volume): 0.27
ATM implied volatility: 66.3%
Expected move: ±$3.87
Open interest (C / P): 1.49K / 1.95K

REAL options summary

The REAL options chain for the February 19, 2027 expiration lists 8 call and 4 put contracts, with 131 days until expiration. Open interest stands at 1,486 calls and 1,947 puts, a put/call ratio of 1.31, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $10.00 strike is 66.3%, which implies the market expects a move of about ±$3.87 (39.7%) in RealReal stock by expiration.

The most open interest sits at the $12.50 call (1.02K contracts) and the $7.50 put (1.07K contracts).

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

REAL options chain · February 19, 2027

REAL 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
76	3	102.9%	4.70	4.70	5.40	5.00	0.00	0.45	0.20	94.1%	—	600
26	16	71.3%	3.24	2.40	3.30	7.50	0.40	0.65	0.65	66.8%	7	1,069
REAL $9.75
199	40	67.9%	1.40	1.35	1.60	10.00	1.55	1.75	1.65	64.7%	20	200
1,021	2	69.4%	0.65	0.60	0.95	12.50	2.90	3.90	3.50	63.6%	12	78
122	51	70.0%	0.30	0.25	0.55	15.00	—	—	—	—	—	—
26	20	75.8%	0.50	0.10	0.45	17.50	—	—	—	—	—	—
7	6	80.5%	0.15	0.00	0.40	20.00	—	—	—	—	—	—
9	4	89.5%	0.15	0.00	0.40	22.50	—	—	—	—	—	—

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 REAL put/call ratio?

For the February 19, 2027 expiration, the REAL put/call ratio based on open interest is 1.31 (1,947 puts vs 1,486 calls), and 0.27 based on today's volume. A ratio above 1 means more puts than calls.

What is REAL's implied volatility?

At-the-money implied volatility for REAL options expiring February 19, 2027 is about 66.3%, an annualized estimate of how much the market expects RealReal stock to move.

How many REAL option expiration dates are there?

REAL has 7 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.