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Healthcare · Meme Stocks

CLOV Implied Volatility, IV Rank & Options Chain

Clover Health (CLOV) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Clover Health (CLOV).

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

CLOV options trade with implied volatility typically in the 50% - 120% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar.

CLOV implied volatility

As of 2026-09-01

As of 2026-09-01, CLOV's 30-day implied volatility is 55.6%, placing its 1-year IV percentile at 3.0 — above 3.0% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.

55.6%30-day IV
3.01-year IV rank

CLOV live chain, Greeks and GEX

Terminal

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

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CLOV options at a glance

Daily volume
N/A
IV range
50% - 120%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
50% - 120%IV Range
NoWeeklies

About Clover Health (CLOV)

Clover Health (CLOV) is a health insurance company listed on NASDAQ.

Company profile

Sector
Healthcare
Industry
Health Insurance
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

Clover Health is a Health Insurance) company in the Healthcare sector.

CLOV options market overview

CLOV 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

CLOV options provide trading opportunities across multiple expirations.

CLOV implied volatility and IV rank

CLOV implied volatility patterns reflect the health insurance sector dynamics.

50% - 67%Low IV, below average
67% - 102%Typical, normal conditions
102% - 120%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 CLOV options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

CLOV 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 CLOV, on today's chain.

Open the Volatility Lab

CLOV gamma exposure (GEX)

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

  • Typical GEX profile. CLOV tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

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

See live CLOV GEX

Common CLOV options strategies

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

Key considerations for CLOV options

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

CLOV 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 2026-09-01. 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 CLOV options.

What is CLOV's typical implied volatility?

CLOV implied volatility typically ranges from 50% - 120%. IV patterns are influenced by earnings, sector events, and market conditions.

Does CLOV have weekly options?

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

What is CLOV's options trading profile?

CLOV (Clover Health) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 50% - 120% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.

How does CLOV 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 CLOV?

Popular strategies on CLOV options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 50% - 120% 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 CLOV's gamma exposure (GEX)?

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

What is CLOV's IV rank?

CLOV's IV rank shows where CLOV'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. CLOV implied volatility typically ranges from 50% - 120%. Check CLOV's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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