SBAC options flow: unusual options activity in SBA Communications Corp.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 2 unusual options prints in SBA Communications Corp. (SBAC), $78K of tracked premium, leaning firmly bearish. Bullish premium was $0 against $78K bearish; $0 went into calls and $78K into puts, a put call ratio of n/a. The largest print was $46K of SBAC 20 Nov 2026 $185 puts on 24 September 2026, executed at ask. The last session with prints, 24 September 2026, added 1 print and $46K of premium. SBAC closed at $166.15 on 25 September 2026, unchanged.
This week's unusual flow
Prints from 23 September 2026 to 24 September 2026, 2 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 24 Sep 2026 | SBAC 20 Nov 2026 $185 puts | Trade | 22 | 22 | $46K | At ask | Bearish | Notable |
| 23 Sep 2026 | SBAC 20 Nov 2026 $185 puts | Sweep | 22 | 0 | $32K | At ask | Bearish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 20 Nov 2026 | 2 | $78K | 0% | -$78K |
The most premium, $78K, is aimed at the 20 Nov 2026 expiry.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 24 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 24 Sep 2026 | SBAC 20 Nov 2026 $185 puts | Trade | 22 | 22 | $46K | At ask | Bearish | Notable |
Every print in SBAC with its full detail, the live tape, one tap filters and saved screeners: open SBAC in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open SBAC in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 9 firms, have a median of $210, 26.4% above the last close. The last 90 days brought 1 upgrade.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About SBA Communications Corp.
- Exchange
- Nasdaq
- Sector
- Real Estate
- Industry
- Trading
- Headquarters
- BOCA RATON, Florida
- Website
- sbasite.com
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. SBA generates revenue from two primary businesses: site leasing and site development services.
In the same sector
Flow pages for other Real Estate names in the S&P 500:
WELL Welltower Inc.PLD Prologis, Inc.EQIX Equinix Inc.AMT American Tower Corp.SPG Simon Property Group Inc.DLR Digital Realty Trust, Inc.PSA Public StorageO Realty Income Corp.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for SBAC with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open SBAC in Options Sentiment Screener