AWK Gamma Exposure, IV Rank & Implied Volatility
American Water Works (AWK) options data — GEX, IV rank, options chain & Greeks
AWK options trade with implied volatility typically in the 12% - 28% 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 81.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 81.2th percentile of its 1-year range — elevated, premium-selling regime for credit spreads, iron condors, and short strangles. For today's live AWK IV rank from ORATS, open the dashboard.
Chart shows simulated data for display purposes. View the real AWK IV history on the live platform →
Comprehensive options market data for American Water Works (AWK).
AWK Options at a Glance
What's Covered in This Guide
1 About American Water Works (AWK)
American Water Works is the largest publicly traded U.S. water and wastewater utility company, providing services to approximately 14 million people.
Company Profile
Key Dates
American Water Works operates in the Utilities sector.
2 AWK Options Market Overview
AWK options provide good liquidity for options traders.
Liquidity Assessment: Good
AWK options are available for trading across multiple expirations.
3 AWK Implied Volatility & IV Rank
AWK implied volatility is typically low due to the regulated nature of utility operations.
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 AWK options should also understand early assignment risk around dividends and expiration.
Historical Volatility vs IV
AWK IV generally trades near historical volatility, with premiums expanding around earnings.
Term Structure
Typically upward sloping under normal conditions.
AWK Gamma Exposure (GEX)
Gamma Exposure analysis for AWK reveals dealer hedging dynamics at key strike levels.
Typical GEX Profile: AWK tends to operate in a positive gamma environment during normal conditions.
Key Levels:
Dealer Hedging:
4 Common AWK Options Strategies
These are strategies commonly used by traders on AWK options, based on typical market characteristics. This is not investment advice.
Popular for AWK shareholders seeking additional income.
Defined-risk directional exposure on AWK.
Range-bound strategy for AWK between events.
Key Considerations for AWK Options
- AWK 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: AWK Options
What is AWK's typical implied volatility?
AWK implied volatility typically ranges from 12% - 28%.
Does AWK have weekly options?
AWK offers weekly options.
What is AWK's options trading profile?
AWK (American Water Works) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 12% - 28% range. The position sits in the Utilities category for portfolio diversification and options strategy design.
How does AWK 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 AWK?
Popular strategies on AWK options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 12% - 28% 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 AWK's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence AWK's intraday price action. AWK 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 AWK GEX levels and the gamma-flip point on ApexVol.
What is AWK's IV rank?
AWK's IV rank shows where AWK'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. AWK implied volatility typically ranges from 12% - 28%. Check AWK's live IV rank and percentile on ApexVol's IV analytics.
On This Page
AWK Analytics
AWK Key Events
Related Tickers
Analyze AWK Options
Access real-time GEX levels, IV analytics, and options flow for AWK.
Create Free Account View PlansExplore AWK Options Data
Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.