SBA Communications (SBAC) Options Chain

NASDAQ: SBACReal EstateReal Estate Investment TrustsUSD

182.49+12.48 (+7.34%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $182.49
Put/call ratio (OI): 0.40
Put/call ratio (volume): 0.26
ATM implied volatility: 33.9%
Expected move: ±$26.72
Open interest (C / P): 824 / 327

SBAC options summary

The SBAC options chain for the December 18, 2026 expiration lists 21 call and 23 put contracts, with 68 days until expiration. Open interest stands at 824 calls and 327 puts, a put/call ratio of 0.40, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $180.00 strike is 33.9%, which implies the market expects a move of about ±$26.72 (14.6%) in SBA Communications stock by expiration.

The most open interest sits at the $240.00 call (367 contracts) and the $155.00 put (41 contracts).

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

SBAC options chain · December 18, 2026

SBAC 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
—	—	—	—	—	—	115.00	0.00	2.15	0.30	67.9%	—	1
—	—	—	—	—	—	120.00	0.00	0.50	0.85	53.8%	1	4
—	—	—	—	—	—	125.00	0.00	2.60	1.05	60.2%	1	2
7	3	62.5%	31.50	51.00	54.60	130.00	0.00	2.25	0.85	53.3%	1	7
10	5	57.8%	24.80	46.30	49.70	135.00	0.00	2.30	1.25	58.5%	1	9
—	—	—	—	—	—	140.00	0.00	2.50	1.95	54.5%	1	24
—	—	—	—	—	—	145.00	0.05	3.10	1.75	52.9%	6	35
2	1	44.6%	32.85	32.10	35.10	150.00	0.00	3.50	2.55	49.5%	5	36
1	1	41.0%	28.35	27.60	30.40	155.00	0.05	3.30	3.20	43.0%	1	41
1	1	40.7%	23.90	23.40	26.50	160.00	2.25	3.20	2.70	37.0%	2	29
1	2	36.6%	12.70	19.20	21.90	165.00	1.75	4.60	10.50	37.4%	3	10
0	2	35.5%	6.60	15.30	18.20	170.00	2.35	6.50	9.00	38.3%	1	13
105	1	36.0%	6.10	11.60	15.30	175.00	4.30	8.10	7.00	37.0%	1	10
74	11	32.2%	4.12	8.80	11.40	180.00	6.40	10.00	8.50	35.7%	1	16
SBAC $182.49
17	17	31.1%	2.86	6.00	8.70	185.00	9.50	12.50	8.90	35.2%	2	1
18	2	31.0%	5.90	4.00	6.70	190.00	11.80	15.40	10.95	34.9%	2	16
19	1	34.8%	4.26	3.20	6.20	195.00	15.30	18.80	35.50	35.1%	1	8
20	11	35.1%	0.55	1.00	4.90	200.00	18.10	22.00	21.76	33.6%	2	14
8	1	30.6%	1.56	1.05	1.95	210.00	27.90	31.00	29.30	37.8%	15	15
12	11	38.6%	0.51	0.25	2.25	220.00	34.30	37.80	34.00	23.9%	1	1
35	15	40.6%	0.16	0.10	1.60	230.00	43.10	47.00	42.30	—	1	5
367	6	43.1%	0.20	0.00	1.25	240.00	53.20	56.80	51.10	—	1	25
113	101	56.4%	1.00	0.00	2.45	250.00	73.30	77.40	58.40	82.1%	1	5
0	1	12.5%	0.30	0.00	0.00	260.00	—	—	—	—	—	—
13	2	50.9%	0.23	0.00	1.50	270.00	—	—	—	—	—	—
1	1	65.4%	0.15	0.00	2.15	300.00	—	—	—	—	—	—

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 SBAC put/call ratio?

For the December 18, 2026 expiration, the SBAC put/call ratio based on open interest is 0.40 (327 puts vs 824 calls), and 0.26 based on today's volume. A ratio above 1 means more puts than calls.

What is SBAC's implied volatility?

At-the-money implied volatility for SBAC options expiring December 18, 2026 is about 33.9%, an annualized estimate of how much the market expects SBA Communications stock to move.

How many SBAC option expiration dates are there?

SBAC 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.