Real Estate Real Estate Live Data Updated 2025-12-30

O Options

Realty Income Corporation Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Realty Income Corporation (O). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

O Options at a Glance

Daily Volume: 20K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 200K+ contracts
IV Range: 18% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
20K+ contracts
Open Interest
200K+ contracts
IV Range
18% - 45%
Liquidity
Moderate
Weeklies
Yes
LEAPS
Yes

1 About Realty Income Corporation (O)

Realty Income Corporation trades on NYSE. Options on O are actively traded by retail and institutional investors.

Company Profile

Sector Real Estate
Industry REIT - Retail
Market Cap Large Cap
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

O is an actively traded options name in the REIT - Retail space.

2 O Options Market Overview

O options offer moderate liquidity for traders seeking exposure to REIT - Retail.

Average Daily Volume 20K+ contracts
Total Open Interest 200K+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Moderate

O options provide moderate liquidity for most trading strategies.

3 O Volatility Profile

O implied volatility reflects market expectations for Realty Income Corporation price movement.

Low IV Environment
18% - 25%
Below average volatility
Typical IV Range
25% - 35%
Normal conditions
Elevated IV
35% - 45%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View O IV Analytics

O Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for O shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live O GEX

4 Common O Options Strategies

These are strategies commonly used by traders on O options, based on typical market characteristics. This is not investment advice.

Used by O traders for income exposure. Moderate liquidity supports efficient execution.

Used by O traders for income exposure. Moderate liquidity supports efficient execution.

Vertical Spreads Directional

Used by O traders for directional exposure. Moderate liquidity supports efficient execution.

Used by O traders for neutral exposure. Moderate liquidity supports efficient execution.

Used by O traders for time-based exposure. Moderate liquidity supports efficient execution.

Key Considerations for O Options

  • O options liquidity: Moderate - affects execution quality
  • IV range: 18% - 45% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: O Options

What are O options?

O options are derivative contracts that give you the right to buy (call) or sell (put) Realty Income Corporation shares at a specific price before expiration.

How do I analyze O implied volatility?

O IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for O options?

O options have moderate liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does O report earnings?

Realty Income Corporation typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for O options?

Popular O strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade O options?

The most liquid trading hours for O options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate O option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for O options across all strikes and expirations.

What happens to O options at expiration?

In-the-money O options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore O Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.