17 calls and 32 puts traded on Nov 4, 2026, 49 contracts in total. Open interest was 603 contracts. Over the past 30 days, volume averaged 13 contracts per day. The STRA option volume chart shows volume by strike and expiration date.

Strategic Education IV rank is 22, so its 30-day implied volatility of 54.0% is in the lower part of its one-year range. Over the past year it ranged from 17.1% on Dec 31, 2025 to 181.3% on Jul 17, 2026. See the STRA implied volatility history for a longer view.

The Strategic Education put/call volume ratio was 1.88 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 1.82. The STRA open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Strategic Education options about one week from expiration was $81.73, 10.2% above the $74.16 close. The STRA max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 68.3%, options price a move of about ±$7.02 (±9.5%) over the next week, a range of roughly $67.14 to $81.18 from the Nov 4, 2026 close. The STRA expected move chart shows it for every expiration date.