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Financial Services · Finance

COF Implied Volatility, IV Rank & Options Chain

Capital One Financial (COF) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Capital One Financial (COF).

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

COF options trade with implied volatility typically in the 18% - 45% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

COF implied volatility

As of 2026-09-01

As of 2026-09-01, COF's 30-day implied volatility is 27.1%, placing its 1-year IV percentile at 19.0 — above 19.0% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.

27.1%30-day IV
19.01-year IV rank

COF live chain, Greeks and GEX

Terminal

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

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COF options at a glance

Daily volume
N/A
IV range
18% - 45%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
18% - 45%IV Range
$60B+Market Cap
YesWeeklies

About Capital One Financial (COF)

Capital One Financial is a diversified banking company specializing in credit cards, consumer banking, and commercial lending. It is one of the nation's top credit card issuers.

Company profile

Sector
Financial Services
Industry
Credit Services
Market cap
$60B+
Exchange
NYSE

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
December

Capital One Financial operates in the Financial Services sector.

COF options market overview

COF options provide good liquidity 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: Good

COF options are available for trading across multiple expirations.

COF implied volatility and IV rank

COF implied volatility reflects interest rate sensitivity and credit cycle dynamics. IV spikes during financial stress events and Fed policy shifts.

18% - 24%Low IV, below average
24% - 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 COF options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

COF 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 COF, on today's chain.

Open the Volatility Lab

COF gamma exposure (GEX)

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

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

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

See live COF GEX

Common COF options strategies

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

Key considerations for COF options

  • COF 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

COF 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 COF options.

What is COF's typical implied volatility?

COF implied volatility typically ranges from 18% - 45%.

Does COF have weekly options?

COF offers weekly options.

What is COF's options trading profile?

COF (Capital One Financial) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 18% - 45% range. The position sits in the Financial Services category for portfolio diversification and options strategy design.

How does COF 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 COF?

Popular strategies on COF options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 18% - 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 COF's gamma exposure (GEX)?

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

What is COF's IV rank?

COF's IV rank shows where COF'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. COF implied volatility typically ranges from 18% - 45%. Check COF's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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