Farmland Partners Inc. (FPI) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Farmland Partners Inc. (FPI) operates in the Real Estate sector, specifically the REIT - Specialty industry, with a market capitalization near $432.2M, listed on NYSE, employing roughly 23 people, carrying a beta of 0.68 to the broader market. Farmland Partners Inc. Led by Luca Fabbri, public since 2014-04-11.

Snapshot as of Jun 30, 2026.

Spot Price
$9.68
Total OI
3.6K
Total Volume
167
Front Expiration
17 days
Second Expiration
52 days
ATM IV
9.1%
Avg Bid/Ask Spread
48.44%

As of Jun 30, 2026, Farmland Partners Inc. (FPI) has 3.6K open contracts and 167 contracts traded. The nearest expiration is 17 days out, followed by 52 days. ATM implied volatility is 9.1%. Average bid/ask spread across the chain is 48.44%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How FPI options chain Data Feeds Strategy Selection

Strategy selection on Farmland Partners Inc. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 9.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the FPI chain depth

The listed-expirations table above shows every expiration available for Farmland Partners Inc. options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. FPI front expiration sits at 17 days - the typical hedging horizon for monthly options. The contango term-structure slope of 4.136 means longer-dated tenors price in proportionally more IV.

FPI chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the FPI chain is 48.44% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the FPI chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. FPI's current 2.61% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

FPI listed expirations

Per-expiration ATM implied volatility for FPI options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

ExpirationDTEATM IV
Jul 17, 2026179.1%
Aug 21, 202652422.7%
Sep 18, 20268052.3%
Nov 20, 202614333.8%
Jan 15, 202719933.1%
Feb 19, 202723438.7%

Frequently asked FPI options chain questions

What does the FPI options chain show right now?
As of Jun 30, 2026, Farmland Partners Inc. (FPI) has 3.6K contracts outstanding and 167 traded today, with ATM IV of 9.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for FPI options?
The nearest expiration is 17 days out, followed by 52 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are FPI options bid/ask spreads?
Average bid/ask spread across the chain is 48.44%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.