1. Home
  2. Options
  3. HCA Options

Healthcare · Healthcare

HCA Implied Volatility, IV Rank & Options Chain

HCA Healthcare (HCA) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for HCA Healthcare (HCA).

Updated Reference data

Visitors can open the Terminal on AAPL. HCA itself opens with the 7-day free trial, offered inside the Terminal.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

Start 7-day free trial Open the Terminal

Free on AAPL, no account. Trial: no charge if you cancel before it ends.

On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

HCA options trade with implied volatility typically in the 18% - 40% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

HCA implied volatility

As of 2026-10-26

As of 2026-10-26, HCA's 30-day implied volatility is 44.2%, placing its 1-year IV percentile at 77.0 — above 77.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

44.2%30-day IV
77.01-year IV rank

HCA live chain, Greeks and GEX

Terminal

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

Start a trial on HCA 7 days free, card required. Or try the Terminal on AAPL with a free account, no card.

HCA options at a glance

Daily volume
N/A
IV range
18% - 40%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
18% - 40%IV Range
$80B+Market Cap
YesWeeklies

About HCA Healthcare (HCA)

HCA Healthcare is the nation's largest for-profit hospital operator, managing 186 hospitals and 2,400+ care sites across 20 states and the United Kingdom.

Company profile

Sector
Healthcare
Industry
Healthcare Facilities
Market cap
$80B+
Exchange
NYSE

Key dates

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

HCA Healthcare operates in the Healthcare sector.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
Start 7-day free trial Open the Terminal

Free on AAPL, no account. Trial: no charge if you cancel before it ends.

HCA options market overview

HCA 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

HCA options are available for trading across multiple expirations.

HCA implied volatility and IV rank

HCA implied volatility reflects healthcare outcomes, clinical trials, and regulatory decisions.

18% - 23%Low IV, below average
23% - 34%Typical, normal conditions
34% - 40%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 HCA options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

HCA 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 HCA, on today's chain.

Open HCA in IV Intelligence

HCA gamma exposure (GEX)

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

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

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

See live HCA GEX

Common HCA options strategies

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

Key considerations for HCA options

  • HCA 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

HCA key events

Earnings months. January, April, July, October

HCA options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns HCA's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/HCABearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/HCA"
In Claudethrough the MCP server
You

What is HCA's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on HCA in the console, more prompts for HCA, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

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 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

No account needed. Unsubscribe any time.

Questions

Frequently asked
about HCA options.

What is HCA's typical implied volatility?

HCA implied volatility typically ranges from 18% - 40%.

Does HCA have weekly options?

HCA offers weekly options.

What is HCA's options trading profile?

HCA (HCA Healthcare) 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% - 40% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.

How does HCA 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 HCA?

Popular strategies on HCA options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 18% - 40% 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 HCA's gamma exposure (GEX)?

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

What is HCA's IV rank?

HCA's IV rank shows where HCA'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. HCA implied volatility typically ranges from 18% - 40%. Check HCA's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
Live data trades better.

Everything on this page is the shape of HCA options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Try the Terminal on AAPL without an account.

Real market data, not a sandbox. See it live on AAPL.