NSA - National Storage Affiliates Trust

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49. 5 million rentable square feet.

As of May 15, 2026: spot at $40.97, ATM IV 18.4%, max pain $40.00, net GEX $14.7K.

Sector
Real Estate
Industry
REIT - Industrial
Market Cap
$3.28B
P/E Ratio
41.77
Beta
1.09
52-Week Range
27.43-44.015
Dividend Yield
$2.28
CEO
David G. Cramer
Employees
1,466
IPO Date
Apr 22, 2015
Exchange
NYSE

What NSA Looks Like to Options Traders Today

IV rank of 1.3% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($14.7K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.032) prices puts richer than calls, the typical equity downside-protection skew.

What This Page Covers

The NSA 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 NSA overview questions

What is NSA?
NSA is the ticker symbol for National Storage Affiliates Trust, a listed security. National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49. Listed on NYSE. NSA 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 NSA options snapshot look like today?
As of May 15, 2026, the NSA options snapshot shows spot at $40.97, ATM IV 18.4%, IV rank 1.3%, max pain $40.00, net GEX $14.7K, expected move 5.28%. 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 NSA's key statistics?
National Storage Affiliates Trust (NSA) carries a market capitalization of $3.28B, trailing P/E ratio of 41.77, beta of 1.09 relative to the broader market, 52-week range of 27.43-44.015. 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 NSA belong to?
National Storage Affiliates Trust 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 NSA'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 NSA 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).