ALGN Gamma Exposure, IV Rank & Implied Volatility
Align Technology (ALGN) options data — GEX, IV rank, options chain & Greeks
ALGN options trade with implied volatility typically in the 28% - 65% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
An IV rank near 51.8 (the value shown here is illustrative) would mean implied volatility is in roughly the 51.8th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live ALGN IV rank from ORATS, open the dashboard.
Chart shows simulated data for display purposes. View the real ALGN IV history on the live platform →
Comprehensive options market data for Align Technology (ALGN).
ALGN Options at a Glance
What's Covered in This Guide
1 About Align Technology (ALGN)
Align Technology designs and manufactures the Invisalign clear aligner system and iTero intraoral scanners, transforming orthodontics and restorative dentistry.
Company Profile
Key Dates
Align Technology operates in the Healthcare sector.
2 ALGN Options Market Overview
ALGN options provide good liquidity for options traders.
Liquidity Assessment: Good
ALGN options are available for trading across multiple expirations.
3 ALGN Implied Volatility & IV Rank
ALGN implied volatility reflects healthcare outcomes, clinical trials, and regulatory decisions.
Earnings Impact
IV typically expands before earnings and contracts after the announcement.
The post-earnings volatility drop is known as IV crush. Holders of short ALGN options should also understand early assignment risk around dividends and expiration.
Historical Volatility vs IV
ALGN IV generally trades near historical volatility, with premiums expanding around earnings.
Term Structure
Typically upward sloping under normal conditions.
ALGN Gamma Exposure (GEX)
Gamma Exposure analysis for ALGN reveals dealer hedging dynamics at key strike levels.
Typical GEX Profile: ALGN tends to operate in a positive gamma environment during normal conditions.
Key Levels:
Dealer Hedging:
4 Common ALGN Options Strategies
These are strategies commonly used by traders on ALGN options, based on typical market characteristics. This is not investment advice.
Popular for ALGN shareholders seeking additional income.
Defined-risk directional exposure on ALGN.
Range-bound strategy for ALGN between events.
Key Considerations for ALGN Options
- ALGN options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
- Monitor earnings dates for IV expansion/contraction patterns
- Consider the stock's beta when sizing positions
Frequently Asked Questions: ALGN Options
What is ALGN's typical implied volatility?
ALGN implied volatility typically ranges from 28% - 65%.
Does ALGN have weekly options?
ALGN offers weekly options.
What is ALGN's options trading profile?
ALGN (Align Technology) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 28% - 65% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.
How does ALGN implied volatility behave around earnings?
IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.
What options strategies work well on ALGN?
Popular strategies on ALGN options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 28% - 65% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.
What is ALGN's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence ALGN's intraday price action. ALGN tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live ALGN GEX levels and the gamma-flip point on ApexVol.
What is ALGN's IV rank?
ALGN's IV rank shows where ALGN'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. ALGN implied volatility typically ranges from 28% - 65%. Check ALGN's live IV rank and percentile on ApexVol's IV analytics.
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