How do I buy ASO options?

To buy ASO (Academy Sports and Outdoors, Inc.) options, you need a brokerage account with options trading enabled. Search for ASO options on your broker's platform, select the strike price and expiration date, choose call or put, and place your order. Make sure you understand the risks before trading options.

What is the current implied volatility for ASO options?

ASO implied volatility (IV) varies by strike price and expiration date. Use our free options search tool above to see real-time IV for specific ASO option contracts. Higher IV means options are more expensive due to expected price movement.

Should I buy calls or puts on ASO?

Buy ASO call options if you expect the stock price to rise, or put options if you expect it to fall. Consider factors like implied volatility, time to expiration, and your risk tolerance. Call options profit when Academy Sports and Outdoors, Inc. stock goes up; puts profit when it goes down.

What are the most traded ASO options?

The most actively traded ASO options are typically near-the-money (ATM) options with 30-45 days to expiration. Use our tool to search ASO options sorted by volume to find the most liquid contracts with tight bid-ask spreads.

ASO

Academy Sports and Outdoors, Inc. Options

Search ASO call options and put options with real-time pricing, Greeks, and implied volatility data.

Search ASO Options Now

$54.05

$-1.3 (-2.35%)

Prev Close

$55.35

Open

$55.28

Day Range

$53.93 - $55.67

Volume

507,528

Last updated: Jan 27, 2026 02:11 PM EST

About ASO Options

Academy Sports and Outdoors, Inc. (ASO) options give traders the right to buy or sell ASO stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

ASO call options give you the right to buy shares at the strike price. Profit when Academy Sports and Outdoors, Inc. stock rises.

Put Options

ASO put options give you the right to sell shares at the strike price. Profit when Academy Sports and Outdoors, Inc. stock falls.

What Data You'll Find

Our free ASO options search tool provides:

Strike Prices — Various price levels for calls and puts
Expiration Dates — Filter by 7, 30, 60, or 90 days out
Premium (Price) — Current option contract prices
Volume & Open Interest — Liquidity and market activity
Implied Volatility (IV) — Market's expected price movement
Greeks — Delta, Gamma, Theta, Vega sensitivity measures
Intrinsic & Extrinsic Value — Value breakdown

Pro Tip: Look for ASO options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding ASO Options Greeks

When trading Academy Sports and Outdoors, Inc. options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the ASO option price moves when the stock moves $1. A delta of 0.50 means the option gains $0.50 for every $1 stock increase.

Theta (Θ)

Daily time decay of the option. ASO options lose value each day as expiration approaches, even if the stock price stays flat.

Gamma (Γ)

Rate of Delta change. Higher gamma means Delta moves faster, making near-ATM ASO options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When Academy Sports and Outdoors, Inc.'s implied volatility rises, high-vega options become more valuable.

Learn more:

Implied Volatility ITM Options OTM Options Intrinsic Value Open Interest

ASO Options FAQ

To buy ASO (Academy Sports and Outdoors, Inc.) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for ASO options, select your desired strike price and expiration, choose call or put, and place your order. Always understand the risks and consider starting with paper trading.

The optimal expiration depends on your strategy. 30-45 day expirations offer a good balance of time value and theta decay for most traders. Shorter expirations (7-14 days) have higher gamma but faster time decay. Longer expirations (60-90+ days) cost more but give the trade more time to work.

Use our options search tool to see current ASO implied volatility levels. Compare the IV to historical averages to determine if options are relatively expensive (high IV) or cheap (low IV). High IV often occurs before earnings or major events.

ITM (In The Money) ASO options have intrinsic value — calls where strike < stock price, puts where strike > stock price. They're more expensive but have higher delta. OTM (Out of The Money) options are cheaper but have lower probability of profit. ATM (At The Money) options have strike ≈ stock price and highest gamma.

Academy Sports and Outdoors, Inc. Options