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Healthcare · Healthcare

AMGN Implied Volatility, IV Rank & Options Chain

Amgen Inc. (AMGN) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Amgen Inc.

Updated Reference data

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

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.

AMGN implied volatility

As of 2026-08-31

As of 2026-08-31, AMGN's 30-day implied volatility is 33.2%, placing its 1-year IV percentile at 100.0 — above 100.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

33.2%30-day IV
100.01-year IV rank

AMGN live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live AMGN chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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AMGN options at a glance

Daily volume
N/A
IV range
20% - 45%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
Very GoodLiquidity
20% - 45%IV Range
YesWeeklies

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.

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.

AMGN implied volatility and IV rank

AMGN implied volatility patterns reflect the biotechnology sector dynamics.

20% - 26%Low IV, below average
26% - 38%Typical, normal conditions
38% - 45%Elevated, above average

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.

The smile, the term structure and the cone for AMGN, on today's chain.

Open the 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.

Where the gamma sits on AMGN right now, strike by strike.

See live AMGN GEX

Common AMGN options strategies

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

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

AMGN key events

Earnings months. January, April, July, October

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 2026-08-31. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about 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.

Reference data reads well.
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