Industrials Consumer/Industrial Reference Data Updated 2026-04-29

BA Options

The Boeing Company Options Chain, Implied Volatility & Greeks

BA options trade with implied volatility typically in the 25% - 80% range, averaging 150K+ contracts in daily volume with excellent liquidity. Next earnings: January 2025. Weekly options and LEAPS are available.

IV Rank 23.5 /100
IV 30.0%
Simulated data for display · open live BA on the platform →

An IV rank near 23.5 (the value shown here is illustrative) would mean implied volatility is in roughly the 23.5th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads. For today's live BA IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 22.62%39.85%

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

Comprehensive options market data for The Boeing Company (BA).

BA Options at a Glance

Daily Volume: 150K+ contracts
Bid-Ask Spread: $0.03 - $0.08 ATM
Open Interest: 2M+ contracts
IV Range: 25% - 80%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: January 2025
Daily Volume
150K+ contracts
Open Interest
2M+
ATM Spread
$0.03-0.08
IV Range
25-80%
Dividend
Suspended
Focus
Turnaround/Safety

1 About The Boeing Company (BA)

The Boeing Company designs, manufactures, and sells commercial airplanes, military aircraft, satellites, and defense systems. Once considered a blue-chip industrial, Boeing has faced significant challenges from the 737 MAX crisis, production quality issues, and pandemic impacts on aircraft demand.

Company Profile

Sector Industrials
Industry Aerospace & Defense
Market Cap $120B+
Exchange NYSE

Key Dates

Next Earnings January 2025
Earnings Frequency Quarterly
Dividend Schedule None (suspended)
Fiscal Year End December

Boeing is one of only two major commercial aircraft manufacturers globally (with Airbus). The company is working to recover from multiple crises and restore production quality and delivery rates.

2 BA Options Market Overview

BA options are highly liquid with significant institutional and retail interest. The stock's volatility from ongoing challenges creates active options trading.

Average Daily Volume 150K+ contracts
Total Open Interest 2M+ contracts
Put/Call Ratio 0.65 - 0.95 typical
Typical ATM Spread $0.03 - $0.08 ATM
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Excellent

BA options are very liquid. Volume spikes on safety news and delivery updates.

3 BA Volatility Profile

BA implied volatility is elevated due to ongoing operational and safety challenges. IV spikes on FAA actions, production issues, and safety incidents.

Low IV Environment
25% - 35%
Below average volatility
Typical IV Range
35% - 50%
Normal conditions
Elevated IV
50% - 80%
Above average volatility

Earnings Impact

IV builds before earnings. Delivery numbers, production rates, and safety commentary are key focus areas.

Historical Volatility vs IV

IV trades at significant premium due to ongoing headline risk.

Term Structure

Can be inverted during crisis events. Usually contango in calmer periods.

View BA Volatility Lab

BA Gamma Exposure (GEX)

Gamma Exposure analysis for BA shows mixed positioning reflecting uncertainty around turnaround.

Typical GEX Profile: BA gamma can swing with sentiment. Crisis events create dynamic gamma shifts.

Key Levels: Major price levels around 200, 225, 250 attract significant positioning.

Dealer Hedging: Dealer hedging is active given headline-driven volatility.

View Live BA GEX

4 Common BA Options Strategies

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

Straddles Volatility

Play volatility around earnings and safety news. BA regularly exceeds implied moves.

LEAPS Calls Long-Term

Long-term bet on turnaround and production recovery.

Generate income while holding for recovery. High IV means rich premiums.

Vertical Spreads Directional

Defined-risk directional plays around catalysts.

Hedge long positions against headline risk. Premium is elevated but risk is real.

Key Considerations for BA Options

  • Boeing faces ongoing production quality and safety challenges
  • 737 MAX production rate ramp is closely watched
  • 787 Dreamliner delivery recovery is important for cash flow
  • FAA scrutiny remains elevated post-door plug incident
  • Defense business provides stability while commercial recovers
  • Dividend was suspended and unlikely to return until recovery complete

Frequently Asked Questions: BA Options

How liquid are BA options?

BA options are very liquid with average daily volume exceeding 150,000 contracts. Volume spikes significantly during safety-related news events.

What is BA's typical implied volatility?

BA implied volatility typically ranges from 25% to 80%. Normal conditions see IV between 35-50%, elevated due to ongoing operational challenges.

Does Boeing pay a dividend?

Boeing suspended its dividend in 2020 during the pandemic and 737 MAX crisis. It has not been reinstated and likely won't until the turnaround is more complete.

What is Boeing's main challenge?

Boeing faces multiple challenges including 737 MAX production quality issues, FAA scrutiny, 787 delivery delays, and rebuilding trust after several safety incidents.

When does BA report earnings?

BA reports quarterly in January, April, July, and October.

What is the best time to trade BA options?

The most liquid trading hours for BA 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 BA option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for BA options across all strikes and expirations.

What happens to BA options at expiration?

In-the-money BA options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

AV
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 2026-04-29. How we research →

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