Real Estate

CubeSmart (CUBE) options and signal

Figures as of 28 Sep 2026

CUBE is CubeSmart, a Real Estate name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

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At a glance

FigureValueDate
IV rank30 of 10028 Sep
At the money IV29.3%28 Sep
Priced move to 16 Oct6.5% down, 6.5% up28 Sep
Call wall and put wall42.5 and 37.528 Sep
Signal and the desk's viewNo signal, view neutral25 Sep
Last close37.3928 Sep
Next report29 Oct 202628 Sep

Options Snapshot

CUBE's IV rank is 30 of 100 on 28 Sep 2026.

FigureValue
IV rank30 of 100
At the money IV29.3%, near month, 18 days
Put/call ratio, open interest5.27
Call open interest, strikes captured near the price1,230 contracts
Put open interest, strikes captured near the price6,480 contracts
Cost to trade at the moneyWide, 84.2% of the option's mid price

IV rank is where the at the money IV sits among CUBE's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Priced Range

On 28 Sep 2026, CUBE options priced a move of 6.5 percent down and 6.5 percent up by 16 Oct 2026.

ExpiryDaysDownUpRange
16 Oct 2026186.5%6.5%34.96 to 39.82
20 Nov 20265312.0%10.5%32.92 to 41.31
19 Feb 202714419.6%18.2%30.06 to 44.20

The range is one standard deviation either side of the close of 37.39, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Gamma Map

On 28 Sep 2026, CUBE's call wall is the 42.5 strike and its put wall is the 37.5 strike.

FigureValue
Call wall, most open call gamma42.5
Put wall, most open put gamma37.5
Flip strike, where net gamma changes sign39.95
Net dollar gamma, calls minus putsminus $734,029
Total dollar gamma, both sides$922,325
Close37.39

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility History

On 28 Sep 2026, CUBE's at the money IV is 29.3 percent against 20 day realized volatility of 17.8 percent.

FigureValue
At the money IV29.3%
Realized volatility, 20 trading days17.8%
Realized volatility, 60 trading days19.2%
IV against its own weekly recordIn the middle
Weekly readings on record607, from 23 Sep 2011
Weeks the price moved more than the one week priced move13.7% of 175 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Weather

On 28 Sep 2026, CUBE's at the money IV runs from 29.3 percent at 18 days to 35.4 percent at 144 days.

Days to expiryAt the money IV
1829.3%
5329.2%
14435.4%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Smile

On 28 Sep 2026, at the 53 day expiry, CUBE's IV ten percent below the price sits 27.1 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price56.3%+27.1 points
At the money29.2%0.0 points
10% above the price31.9%+2.6 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Surface

On 28 Sep 2026, CUBE's surface spans 3 expiries out to 144 days, with IV from 29.1 to 40.0 percent near the price.

FigureValue
Expiries captured3
Nearest expiry16 Oct 2026, 18 days
Farthest expiry19 Feb 2027, 144 days
Points within 10% of the price, 7 days out or more9
Lowest IV among them29.1%
Highest IV among them40.0%

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Expiry Ladder

On 28 Sep 2026, CUBE has 3 captured expiries, from 16 Oct 2026 to 19 Feb 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
16 Oct 20261829.3%88224
20 Nov 20265329.2%9336,129
19 Feb 202714435.4%209132

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Strike Table

On 28 Sep 2026, CUBE's largest open interest sits at the 37.5 strike, with 6,194 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
37.5336,1616,194
42.57760776
4015946205
451820182
3538115153
32.50126126

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, CUBE's at the money IV moved from 33.7 percent to 29.3 percent.

Figure25 Sep28 SepChange
At the money IV33.7%29.3%-4.4 points
Open interest, strikes captured near the price7,7627,715-47
Put/call ratio, open interest5.075.27+0.20

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Changed Hands

On 28 Sep 2026, 289 CUBE option contracts traded, 0.8 times its own recent average.

FigureValue
Calls traded168
Puts traded121
Against its recent average0.8 times
Open interest, whole chain8,314 contracts
Volume to open interest0.03
Unusual volume flagNo

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Positioning Replay

The replay holds 9 trading days of CUBE's option positioning, from 11 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 202640.84$203,02542.537.5
14 Aug 202641.48$279,29242.537.5
28 Sep 202637.39minus $734,02942.537.5

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Read-out

On 25 Sep 2026 the desk's view of CUBE was neutral, paper trading.

FigureValue
SideNeutral at 45 trading days, no signal
Level above the close38.73, the swing high of 10 Sep 2026
Level below the close37.20, the swing low of 28 Sep 2026
Strategy familyLong straddle (buy a call and a put at the same strike)
Price targetNone. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Rank by Timeframe

On 25 Sep 2026 CUBE sat at the 65th percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days12 of 100Bearish
20 trading days14 of 100Bearish
45 trading days65 of 100Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Timeframe Agreement

On 25 Sep 2026 CUBE's near timeframes were bearish and its long timeframe was neutral, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayBearish2 of 2
Long45 dayNeutral0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Timeframe Agreement in RingMasterThe Timeframe Agreement guide

Signal History

On 25 Sep 2026 CUBE had carried no signal for at least 5 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None65 of 100
24 Sep 2026None66 of 100
23 Sep 2026None45 of 100
22 Sep 2026None52 of 100
21 Sep 2026None29 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Signal History in RingMasterThe Signal History guide

Sector Split

On 25 Sep 2026, 11 of 41 Real Estate names were bullish and 17 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Real Estate41111713

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Sector Split in RingMasterThe Sector Split guide

Price Chart

CUBE closed at 37.39 on 28 Sep 2026.

FigureValue
Last close37.39
Change over 5 trading days-5.9%
Change over 21 trading days-6.5%
Change over 63 trading days-8.1%
Change over 252 trading days-5.8%
52 week high43.26
52 week low35.09
20 day moving average39.18
50 day moving average40.47
200 day moving average39.30
RSI, 14 days30

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

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Earnings Radar

CUBE reports next on 29 Oct 2026, a date confirmed by the company.

FigureValue
Next report29 Oct 2026, after the close
DateConfirmed by the company
Move after the report of 29 Jul 2026-2.8%
Move after the report of 30 Apr 2026-0.8%
Move after the report of 28 Jan 2026+1.5%
Move after the report of 1 May 2025+4.0%

Earnings calendar as of 28 Sep 2026. Current on every plan.

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Company Events

CUBE filed 1 current report in the 14 days to 28 Sep 2026, the latest on 14 Sep 2026.

FiledReportWhat it covers
14 Sep 2026Current reportResults of Operations and Financial Condition; Regulation FD Disclosure

Filings as of 28 Sep 2026. Current on every plan.

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Seasonality

In the 21 Septembers on record, CUBE's average change was minus 1.8 percent, and it rose in 33.3 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-1.8%-1.4%33.3%21
October-1.0%+2.2%61.9%21
November-0.6%-0.4%47.6%21

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

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Questions

What is CUBE's IV rank?
CUBE's IV rank is 30 of 100 on 28 Sep 2026.
What move are CUBE options pricing?
On 28 Sep 2026, CUBE options priced a move of 6.5 percent down and 6.5 percent up by 16 Oct 2026.
Where are CUBE's call wall and put wall?
On 28 Sep 2026, CUBE's call wall is the 42.5 strike and its put wall is the 37.5 strike.
What was the desk's latest view of CUBE on the Free plan?
On 25 Sep 2026 the desk's view of CUBE was neutral, paper trading.
When does CUBE report earnings next?
CUBE reports next on 29 Oct 2026, a date confirmed by the company.

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