IIPR - Innovative Industrial Properties, Inc.

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc.

As of May 15, 2026: spot at $54.23, ATM IV 38.6%, max pain $55.00, net GEX -$178.8K.

Sector
Real Estate
Industry
REIT - Industrial
Market Cap
$1.58B
P/E Ratio
12.82
Beta
1.45
52-Week Range
44.58-61.395
Dividend Yield
$7.60
CEO
Paul E. Smithers
Employees
21
IPO Date
Dec 1, 2016
Exchange
NYSE

What IIPR Looks Like to Options Traders Today

IV rank of 5.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); negative net gamma exposure (-$178.8K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.037) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The IIPR overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.

Frequently asked IIPR overview questions

What is IIPR?
IIPR is the ticker symbol for Innovative Industrial Properties, Inc., a listed security. Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Listed on NYSE. IIPR is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
What does the IIPR options snapshot look like today?
As of May 15, 2026, the IIPR options snapshot shows spot at $54.23, ATM IV 38.6%, IV rank 5.6%, max pain $55.00, net GEX -$178.8K, expected move 11.07%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are IIPR's key statistics?
Innovative Industrial Properties, Inc. (IIPR) carries a market capitalization of $1.58B, trailing P/E ratio of 12.82, beta of 1.45 relative to the broader market, 52-week range of 44.58-61.395. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
What sector or industry does IIPR belong to?
Innovative Industrial Properties, Inc. operates in the Real Estate sector, in the REIT - Industrial industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare IIPR's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the IIPR data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).