IIPR
Innovative Industrial PropertieOpen51.69+0.50 +0.97%USD
NYSE · as of Oct 13, 11:20 ET · 20m delay
Open
51.76
Prev close
51.19
Day range
50.8151.87
52-week range
44.5865.38
Volume
185.10K0.51×
Mkt cap
1.42B
P/E ttm
11.69
Fwd P/E
11.77
EPS ttm
4.42
Div yield
14.85%
Earnings
Aug 3, 2026
From 52w high
−20.95%
IIPR market-implied price distribution
IIPR Price at Expiry
7 OTM quotes · ATM IV 32.1%
Days to expiry
38
Fri, Nov 20, 2026
P(finish above spot)
48%
spot 51.69
Expected price
51.64
forward 51.70
68% range
46–57
−10.4% / +9.5%
Shaded band: the middle 68% of outcomes. Where the blue curve sits above the dashed one, options price that move as likelier than a plain bell curve would.
Target Price
Percentiles
| Chance below | Price | vs spot |
|---|---|---|
| 5% | 39.36 | −23.9% |
| 16% | 46.29 | −10.4% |
| 25% | 48.18 | −6.8% |
| 50% (median) | 51.49 | −0.4% |
| 75% | 54.78 | +6.0% |
| 84% | 56.61 | +9.5% |
| 95% | 62.43 | +20.8% |
Move Odds
| Up 5% or more (54.27) | 28% |
|---|---|
| Up 10% or more (56.85) | 15% |
| Down 5% or more (49.10) | 31% |
| Down 10% or more (46.52) | 17% |
Options price a 10%+ drop at 17%, 1.0× the 17% a bell curve with the same volatility gives.
Risk-neutral odds from option prices, the bot's lgf odds method: out-of-the-money mids → implied vols → a smoothed smile in total variance → density = erT·∂²C/∂K² (Breeden–Litzenberger). Risk-neutral odds include the market's risk premium, so they lean bearish compared with real-world odds. Not investment advice.