Consumer Staples Consumer Reference Data Updated 2026-05-31

DEO Gamma Exposure, IV Rank & Implied Volatility

Diageo plc (DEO) options data — GEX, IV rank, options chain & Greeks

DEO options trade with implied volatility typically in the 15% - 32% range, averaging N/A in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 40.0 /100
IV 55.9%
Simulated data for display · open live DEO on the platform →

An IV rank near 40.0 (the value shown here is illustrative) would mean implied volatility is in roughly the 40.0th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live DEO IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 36.8%84.13%

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

Comprehensive options market data for Diageo plc (DEO).

DEO Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 15% - 32%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Very Good
IV Range
15% - 32%
Weeklies
Yes

1 About Diageo plc (DEO)

Diageo plc (DEO) is a beverages company listed on NYSE.

Company Profile

Sector Consumer Staples
Industry Beverages
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

Diageo plc is a Beverages) company in the Consumer Staples sector.

2 DEO Options Market Overview

DEO 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 Available
LEAPS Available Yes

Liquidity Assessment: Very Good

DEO options provide trading opportunities across multiple expirations.

3 DEO Implied Volatility & IV Rank

DEO implied volatility patterns reflect the beverages sector dynamics.

Low IV Environment
15% - 19%
Below average volatility
Typical IV Range
19% - 27%
Normal conditions
Elevated IV
27% - 32%
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 DEO options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View DEO Volatility Lab

DEO Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live DEO GEX

4 Common DEO Options Strategies

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

Popular for DEO shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on DEO.

Range-bound strategy for DEO between events.

Key Considerations for DEO Options

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

Frequently Asked Questions: DEO Options

What is DEO's typical implied volatility?

DEO implied volatility typically ranges from 15% - 32%. IV patterns are influenced by earnings, sector events, and market conditions.

Does DEO have weekly options?

Yes, DEO offers weekly options expirations.

What is DEO's options trading profile?

DEO (Diageo plc) options trade with very good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 15% - 32% range. The position sits in the Consumer Staples category for portfolio diversification and options strategy design.

How does DEO 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 DEO?

Popular strategies on DEO options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 15% - 32% 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 DEO's gamma exposure (GEX)?

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

What is DEO's IV rank?

DEO's IV rank shows where DEO'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. DEO implied volatility typically ranges from 15% - 32%. Check DEO's live IV rank and percentile on ApexVol's IV analytics.

DEO Key Events

Earnings Months
January April July October

Related Tickers

Analyze DEO Options

Access real-time GEX levels, IV analytics, and options flow for DEO.

Create Free Account View Plans
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 2026-05-31. How we research →

Explore DEO Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.

7 days free, cancel anytime No charge if you cancel
Start trial →