Healthcare Healthcare Reference Data Updated 2026-05-31

AMGN Gamma Exposure, IV Rank & Implied Volatility

Amgen Inc. (AMGN) options data — GEX, IV rank, options chain & Greeks

AMGN options trade with implied volatility typically in the 20% - 45% range, averaging N/A in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 47.7 /100
IV 44.5%
Simulated data for display · open live AMGN on the platform →

An IV rank near 47.7 (the value shown here is illustrative) would mean implied volatility is in roughly the 47.7th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live AMGN IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 28.99%71.76%

Chart shows simulated data for display purposes. View the real AMGN IV history on the live platform →

Comprehensive options market data for Amgen Inc.

AMGN Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 20% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Very Good
IV Range
20% - 45%
Weeklies
Yes

1 About Amgen Inc. (AMGN)

Amgen Inc. (AMGN) is a biotechnology company listed on NASDAQ.

Company Profile

Sector Healthcare
Industry Biotechnology
Market Cap See live data
Exchange NASDAQ

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

Amgen Inc. is a Biotechnology) company in the Healthcare sector.

2 AMGN Options Market Overview

AMGN options provide trading opportunities for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Very Good

AMGN options provide trading opportunities across multiple expirations.

3 AMGN Implied Volatility & IV Rank

AMGN implied volatility patterns reflect the biotechnology sector dynamics.

Low IV Environment
20% - 26%
Below average volatility
Typical IV Range
26% - 38%
Normal conditions
Elevated IV
38% - 45%
Above average volatility

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 AMGN options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

AMGN IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View AMGN Volatility Lab

AMGN Gamma Exposure (GEX)

Gamma Exposure analysis for AMGN reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: AMGN tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live AMGN GEX

4 Common AMGN Options Strategies

These are strategies commonly used by traders on AMGN options, based on typical market characteristics. This is not investment advice.

Popular for AMGN shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on AMGN.

Range-bound strategy for AMGN between events.

Key Considerations for AMGN Options

  • Monitor AMGN earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing options positions
  • AMGN options liquidity varies by expiration - prefer near-term and monthly expirations

Frequently Asked Questions: AMGN Options

What is AMGN's typical implied volatility?

AMGN implied volatility typically ranges from 20% - 45%. IV patterns are influenced by earnings, sector events, and market conditions.

Does AMGN have weekly options?

Yes, AMGN offers weekly options expirations.

What is AMGN's options trading profile?

AMGN (Amgen Inc.) options trade with very good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 20% - 45% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.

How does AMGN 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 AMGN?

Popular strategies on AMGN options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 20% - 45% 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 AMGN's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence AMGN's intraday price action. AMGN 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 AMGN GEX levels and the gamma-flip point on ApexVol.

What is AMGN's IV rank?

AMGN's IV rank shows where AMGN'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. AMGN implied volatility typically ranges from 20% - 45%. Check AMGN's live IV rank and percentile on ApexVol's IV analytics.

AMGN Key Events

Earnings Months
January April July October

Related Tickers

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Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-05-31. How we research →

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