SBAC - SBA Communications Corporation
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts.
As of May 15, 2026: spot at $200.44, ATM IV 33.6%, max pain $210.00, net GEX -$1.8M.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Market Cap
- $22.03B
- P/E Ratio
- 21.59
- Beta
- 1.02
- 52-Week Range
- 162.41-243.16
- Dividend Yield
- $4.58
- CEO
- Brendan Thomas Cavanagh
- Employees
- 1,720
- IPO Date
- Jun 16, 1999
- Exchange
- NASDAQ
What SBAC Looks Like to Options Traders Today
IV rank of 54.8% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$1.8M) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.039) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The SBAC 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 SBAC overview questions
- What is SBAC?
- SBAC is the ticker symbol for SBA Communications Corporation, a listed security. SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. Listed on NASDAQ. SBAC 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 SBAC options snapshot look like today?
- As of May 15, 2026, the SBAC options snapshot shows spot at $200.44, ATM IV 33.6%, IV rank 54.8%, max pain $210.00, net GEX -$1.8M, expected move 9.63%. 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 SBAC's key statistics?
- SBA Communications Corporation (SBAC) carries a market capitalization of $22.03B, trailing P/E ratio of 21.59, beta of 1.02 relative to the broader market, 52-week range of 162.41-243.16. 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 SBAC belong to?
- SBA Communications Corporation operates in the Real Estate sector, in the REIT - Specialty 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 SBAC'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 SBAC 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).