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: Mar 19, 2027
Days to expiration: 159
Share price: $182.49
Put/call ratio (OI): 2.93
Put/call ratio (volume): 0.93
ATM implied volatility: 32.6%
Expected move: ±$39.24
Open interest (C / P): 337 / 987

SBAC options summary

The SBAC options chain for the March 19, 2027 expiration lists 22 call and 16 put contracts, with 159 days until expiration. Open interest stands at 337 calls and 987 puts, a put/call ratio of 2.93, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $180.00 strike is 32.6%, which implies the market expects a move of about ±$39.24 (21.5%) in SBA Communications stock by expiration.

The most open interest sits at the $175.00 call (151 contracts) and the $175.00 put (648 contracts).

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

SBAC options chain · March 19, 2027

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	2.35	1.45	54.0%	1	7
2	1	77.6%	58.40	69.20	73.10	120.00	0.00	2.40	0.90	50.3%	1	2
—	—	—	—	—	—	125.00	0.00	2.65	2.30	47.8%	—	1
4	1	69.7%	49.50	60.00	63.70	130.00	0.00	3.30	2.55	47.0%	1	150
0	1	—	50.60	0.00	0.00	135.00	0.00	3.50	1.75	44.0%	1	1
7	3	63.0%	45.58	51.00	54.80	140.00	1.15	4.10	1.85	42.4%	—	1
3	2	59.6%	45.35	46.50	50.40	145.00	0.75	4.60	2.30	40.3%	—	1
0	2	—	38.26	0.00	0.00	150.00	1.65	5.60	5.00	39.5%	2	16
3	—	53.6%	30.30	38.00	41.80	155.00	2.70	6.70	9.75	38.5%	150	155
62	1	38.7%	28.15	27.60	30.90	160.00	—	—	—	—	—	—
7	6	37.6%	24.60	23.90	27.30	165.00	0.00	0.00	7.50	3.1%	3	0
3	1	36.1%	12.90	20.10	23.70	170.00	0.00	0.00	9.35	3.1%	1	0
151	150	35.3%	4.70	17.00	20.60	175.00	6.50	10.40	12.42	29.4%	—	648
0	—	—	18.50	0.00	0.00	180.00	10.70	14.30	14.80	32.6%	—	1
SBAC $182.49
24	2	34.2%	13.00	11.50	15.30	185.00	13.00	16.80	14.61	32.1%	4	1
56	1	34.1%	3.10	9.40	13.20	190.00	—	—	—	—	—	—
1	1	33.9%	9.00	7.90	11.30	195.00	19.20	22.80	31.00	31.8%	1	1
4	1	34.1%	7.00	5.80	9.80	200.00	22.50	26.10	24.09	31.5%	3	2
2	2	29.9%	4.35	4.50	5.40	210.00	—	—	—	—	—	—
5	2	33.5%	2.65	1.90	4.90	220.00	—	—	—	—	—	—
1	1	31.4%	1.35	0.85	2.80	230.00	—	—	—	—	—	—
0	2	34.7%	0.40	0.35	2.70	240.00	—	—	—	—	—	—
1	1	36.5%	1.00	0.00	2.30	250.00	—	—	—	—	—	—
1	—	40.7%	1.10	0.00	2.55	260.00	—	—	—	—	—	—

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 March 19, 2027 expiration, the SBAC put/call ratio based on open interest is 2.93 (987 puts vs 337 calls), and 0.93 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 March 19, 2027 is about 32.6%, 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.