Speculative · High Volatility
AFRM Implied Volatility, IV Rank & Options Chain
Affirm Holdings Inc. (AFRM) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Affirm Holdings Inc.
Visitors can open the Terminal on AAPL. AFRM itself opens with the 7-day free trial, offered inside the Terminal.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
On this page
AFRM options trade with implied volatility typically in the 50% - 150% range, averaging 100K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.
AFRM implied volatility
As of 2026-10-26As of 2026-10-26, AFRM's 30-day implied volatility is 70.9%, placing its 1-year IV percentile at 10.0 — above 10.0% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.
AFRM live chain, Greeks and GEX
TerminalEvery figure above is reference data. The live AFRM chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.
AFRM options at a glance
- Daily volume
- 100K+ contracts
- IV range
- 50% - 150%
- Bid-ask spread
- Varies by strike
- Expirations
- Weekly, monthly, LEAPS
- Open interest
- 500K+ contracts
- Next earnings
- Check earnings calendar
About Affirm Holdings Inc. (AFRM)
Affirm Holdings Inc. trades on NASDAQ. Options on AFRM are actively traded by retail and institutional investors.
Company profile
- Sector
- Speculative
- Industry
- Fintech
- Market cap
- Mid Cap
- Exchange
- NASDAQ
Key dates
- Next earnings
- Check earnings calendar
- Earnings frequency
- Quarterly
- Dividend schedule
- Varies
- Fiscal year end
- December
AFRM is an actively traded options name in the Fintech space.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
AFRM options market overview
AFRM options offer good liquidity for traders seeking exposure to Fintech.
- Average daily volume
- 100K+ contracts
- Total open interest
- 500K+ contracts
- Put/call ratio
- 0.6 - 1.0 typical
- Typical ATM spread
- Varies by strike
- Weekly options
- Available
- LEAPS available
- Yes
Liquidity assessment: Good
AFRM options provide good liquidity for most trading strategies.
AFRM implied volatility and IV rank
AFRM implied volatility reflects market expectations for Affirm Holdings Inc. price movement.
Earnings impact
IV typically increases before earnings and contracts afterward (IV crush).
The move options are pricing for the next report, and how the last 12 went: AFRM earnings expected move.
The post-earnings volatility drop is known as IV crush. Holders of short AFRM options should also understand early assignment risk around dividends and expiration.
Historical volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term structure
Term structure varies with market conditions and upcoming events.
The smile, the term structure and the cone for AFRM, on today's chain.
Open AFRM in IV IntelligenceAFRM gamma exposure (GEX)
Gamma Exposure (GEX) analysis for AFRM shows how dealer hedging may impact price behavior.
- Typical GEX profile. GEX profile varies based on market conditions and option positioning.
- Key levels. Major put and call walls at round number strikes may act as support/resistance.
- Dealer hedging. Dealer hedging activity can influence price behavior at key gamma levels.
Where the gamma sits on AFRM right now, strike by strike.
See live AFRM GEXCommon AFRM options strategies
These are strategies commonly used by traders on AFRM options, based on typical market characteristics. This is not investment advice.
Key considerations for AFRM options
- AFRM options liquidity: Good - affects execution quality
- IV range: 50% - 150% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
AFRM key events
Earnings months. Q1, Q2, Q3, Q4
- Industry conferences
- Product announcements
- Regulatory updates
AFRM options data by API, or in Claude
Every number on this page is one request away. The implied volatility API returns AFRM's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
"https://apexvol.com/api/mcp/data/iv-rank/AFRM"What is AFRM's IV rank right now, and where is its gamma flip?
Claude calls get_iv_rank and get_gexTry GEX on AFRM in the console, more prompts for AFRM, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.
- Written by
- ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use. - Reviewed by
- Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.
Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →
Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.
No account needed. Unsubscribe any time.
Questions
Frequently asked
about AFRM options.
What are AFRM options?
AFRM options are derivative contracts that give you the right to buy (call) or sell (put) Affirm Holdings Inc. shares at a specific price before expiration.
How do I analyze AFRM implied volatility?
AFRM IV typically ranges from 50% - 70% during quiet periods to 100% - 150% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for AFRM options?
AFRM options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does AFRM report earnings?
Affirm Holdings Inc. typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for AFRM options?
Popular AFRM strategies include vertical spreads, straddles, and iron condors. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade AFRM options?
The most liquid trading hours for AFRM options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate AFRM option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for AFRM options across all strikes and expirations.
What happens to AFRM options at expiration?
In-the-money AFRM options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
What is AFRM's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence AFRM's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live AFRM GEX levels and the gamma-flip point on ApexVol.
What is AFRM's IV rank?
AFRM's IV rank shows where AFRM's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. AFRM implied volatility typically ranges from 50% - 150%. Check AFRM's live IV rank and percentile on ApexVol's IV analytics.
Keep reading
Where AFRM
gets priced.
AFRM analytics
Run it, do not just read it
Related tickers
Reference data reads well.
Live data trades better.
Everything on this page is the shape of AFRM options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Try the Terminal on AAPL without an account.
Real market data, not a sandbox. See it live on AAPL.