Finance Finance Reference Data Updated 2026-05-31

CFG Gamma Exposure, IV Rank & Implied Volatility

Citizens Financial Group (CFG) options data — GEX, IV rank, options chain & Greeks

CFG options trade with implied volatility typically in the 22% - 50% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar.

IV Rank 62.8 /100
IV 26.6%
Simulated data for display · open live CFG on the platform →

An IV rank near 62.8 (the value shown here is illustrative) would mean implied volatility is in roughly the 62.8th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live CFG IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 15.18%39.07%

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

Comprehensive options market data for Citizens Financial Group (CFG).

CFG Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 50%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
22% - 50%
Weeklies
No

1 About Citizens Financial Group (CFG)

Citizens Financial Group (CFG) is a regional banking company listed on NYSE.

Company Profile

Sector Finance
Industry Regional Banking
Market Cap See live data
Exchange NYSE

Key Dates

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

Citizens Financial Group is a Regional Banking) company in the Finance sector.

2 CFG Options Market Overview

CFG 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 Not Available
LEAPS Available Yes

Liquidity Assessment: Good

CFG options provide trading opportunities across multiple expirations.

3 CFG Implied Volatility & IV Rank

CFG implied volatility patterns reflect the regional banking sector dynamics.

Low IV Environment
22% - 29%
Below average volatility
Typical IV Range
29% - 43%
Normal conditions
Elevated IV
43% - 50%
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 CFG options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View CFG Volatility Lab

CFG Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live CFG GEX

4 Common CFG Options Strategies

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

Popular for CFG shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on CFG.

Range-bound strategy for CFG between events.

Key Considerations for CFG Options

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

Frequently Asked Questions: CFG Options

What is CFG's typical implied volatility?

CFG implied volatility typically ranges from 22% - 50%. IV patterns are influenced by earnings, sector events, and market conditions.

Does CFG have weekly options?

Check with your broker, CFG may offer weekly options expirations.

What is CFG's options trading profile?

CFG (Citizens Financial Group) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 50% range. The position sits in the Finance category for portfolio diversification and options strategy design.

How does CFG 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 CFG?

Popular strategies on CFG options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 50% 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 CFG's gamma exposure (GEX)?

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

What is CFG's IV rank?

CFG's IV rank shows where CFG'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. CFG implied volatility typically ranges from 22% - 50%. Check CFG's live IV rank and percentile on ApexVol's IV analytics.

CFG 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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