SBR

Sabine Royalty Trust Options

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

Search SBR Options Now
$69.96 Pre-Market
+$0.6 (+0.87%)
Prev Close
$69.36
Open
$69.42
Day Range
$68.93 - $70.0
Volume
27,947
Last updated: Jan 27, 2026 07:00 PM EST

About SBR Options

Sabine Royalty Trust (SBR) options give traders the right to buy or sell SBR stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

SBR call options give you the right to buy shares at the strike price. Profit when Sabine Royalty Trust stock rises.

Put Options

SBR put options give you the right to sell shares at the strike price. Profit when Sabine Royalty Trust stock falls.

What Data You'll Find

Our free SBR 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 SBR options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding SBR Options Greeks

When trading Sabine Royalty Trust options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the SBR 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. SBR 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 SBR options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When Sabine Royalty Trust's implied volatility rises, high-vega options become more valuable.

Learn more:

SBR Options FAQ

To buy SBR (Sabine Royalty Trust) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for SBR 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 SBR 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) SBR 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.