VICI Properties Inc. (VICI)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 18:45 UTC · Figures derived from the full chain (178 contracts, 7 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±5.6% (range 21.76–24.36) by Nov 20, 2026. ATM straddle: 1.30 @ strike 22.5 · ATM IV: 21.8%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 20.75 | -10% | 94.5% | 5.5% |
| 21.91 | -5% | 77.6% | 22.4% |
| 23.06 | +0% | 48.7% | 51.3% |
| 24.21 | +5% | 21.6% | 78.4% |
| 25.37 | +10% | 6.6% | 93.4% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Nov 20, 2026 | 32 | ±5.6% | 21.8% | 11.0K |
| Dec 18, 2026 | 60 | ±8.1% | 22.2% | 26.4K |
| Jan 15, 2027 | 88 | ±8.8% | 21.2% | 23.5K |
| Mar 19, 2027 | 151 | ±12.4% | 24.5% | 16.3K |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 25 C · 8,31430 C · 7,19327.5 C · 5,10225 P · 5,07122.5 P · 5,020
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 15 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 20.0% of the time.
Past earnings reactions
Avg |reaction| 1.8% · median 1.5% (20 reports). Two-session close-to-close window; definition
About VICI Properties Inc.
VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.
Real Estate · REIT - Diversified · NYSE · Profile: Financial Modeling Prep
Related securities · Real Estate
O · IV 18.8%PLD · IV 23.4%AMT · IV 29.9%CCI · IV 36.2%EQIX · IV 36.1%SPG · IV 22.6%