STARWOOD PROPERTY TRUST INC. Starwood Property (STWD) Options Chain

NYSE: STWDReal EstateReal Estate Investment TrustsUSD

12.71-0.04 (-0.31%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $12.71
Put/call ratio (OI): 0.71
Put/call ratio (volume): 0.86
ATM implied volatility: 32.4%
Expected move: ±$4.67
Open interest (C / P): 9.37K / 6.69K

STWD options summary

The STWD options chain for the January 21, 2028 expiration lists 11 call and 12 put contracts, with 468 days until expiration. Open interest stands at 9,369 calls and 6,687 puts, a put/call ratio of 0.71, which is fairly balanced between calls and puts. At-the-money implied volatility near the $13.00 strike is 32.4%, which implies the market expects a move of about ±$4.67 (36.7%) in STARWOOD PROPERTY TRUST INC. Starwood Property stock by expiration.

The most open interest sits at the $18.00 call (6.26K contracts) and the $22.00 put (3.00K contracts).

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

STWD options chain · January 21, 2028

STWD 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	430	—	13.70	11.00	16.00	3.00	0.00	0.50	0.12	94.9%	7	21
2	1	66.0%	10.00	5.50	10.50	5.00	0.00	0.45	0.25	61.6%	2	3
36	11	52.1%	2.97	2.25	4.20	10.00	0.40	0.85	0.85	37.6%	40	426
STWD $12.71
403	1	19.6%	0.90	0.70	1.00	13.00	1.70	2.75	2.39	45.3%	52	1,711
1,295	5	21.6%	0.40	0.25	0.50	15.00	1.80	4.10	3.50	45.4%	50	990
6,264	15	28.6%	0.20	0.05	0.35	18.00	6.10	6.80	6.70	52.3%	34	326
614	28	30.8%	0.15	0.00	0.25	20.00	6.00	8.70	7.80	56.7%	10	134
513	15	42.4%	0.10	0.00	0.50	22.00	9.20	10.60	7.90	60.1%	20	2,995
0	14	12.5%	0.05	0.00	0.00	25.00	0.00	0.00	9.90	—	32	0
221	3	41.6%	0.05	0.00	0.20	27.00	0.00	0.00	11.50	—	2	0
—	—	—	—	—	—	30.00	0.00	0.00	14.00	—	192	0
21	2	64.3%	0.13	0.00	1.10	35.00	20.00	25.00	19.80	52.1%	12	81

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 STWD put/call ratio?

For the January 21, 2028 expiration, the STWD put/call ratio based on open interest is 0.71 (6,687 puts vs 9,369 calls), and 0.86 based on today's volume. A ratio above 1 means more puts than calls.

What is STWD's implied volatility?

At-the-money implied volatility for STWD options expiring January 21, 2028 is about 32.4%, an annualized estimate of how much the market expects STARWOOD PROPERTY TRUST INC. Starwood Property stock to move.

How many STWD option expiration dates are there?

STWD 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.