ETFs ETFs - Sector Reference Data Updated 2026-05-31

ICLN Gamma Exposure, IV Rank & Implied Volatility

iShares Global Clean Energy ETF (ICLN) options data — GEX, IV rank, options chain & Greeks

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

IV Rank 65.2 /100
IV 22.1%
Simulated data for display · open live ICLN on the platform →

An IV rank near 65.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 65.2th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live ICLN IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 15.18%33.11%

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

Comprehensive options market data for iShares Global Clean Energy ETF (ICLN).

ICLN 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
Moderate
IV Range
22% - 50%
Market Cap
$2B+
Weeklies
No

1 About iShares Global Clean Energy ETF (ICLN)

The iShares Global Clean Energy ETF provides exposure to global clean energy companies including solar, wind, and other renewable energy sources.

Company Profile

Sector ETFs
Industry Thematic ETFs
Market Cap $2B+
Exchange NASDAQ

Key Dates

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

iShares Global Clean Energy ETF operates in the ETFs sector.

2 ICLN Options Market Overview

ICLN options provide moderate 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 Not Available
LEAPS Available Yes

Liquidity Assessment: Moderate

ICLN options are available for trading across multiple expirations.

3 ICLN Implied Volatility & IV Rank

ICLN implied volatility reflects the aggregate volatility of its underlying holdings. As an ETF, IV tends to be lower than individual components due to diversification.

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 ICLN options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View ICLN Volatility Lab

ICLN Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live ICLN GEX

4 Common ICLN Options Strategies

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

Popular for ICLN shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on ICLN.

Range-bound strategy for ICLN between events.

Key Considerations for ICLN Options

  • ICLN 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

Frequently Asked Questions: ICLN Options

What is ICLN's typical implied volatility?

ICLN implied volatility typically ranges from 22% - 50%.

Does ICLN have weekly options?

ICLN may have limited weekly options.

What is ICLN's options trading profile?

ICLN (iShares Global Clean Energy ETF) options trade with moderate 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 ETFs category for portfolio diversification and options strategy design.

How does ICLN 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 ICLN?

Popular strategies on ICLN 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 ICLN's gamma exposure (GEX)?

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

What is ICLN's IV rank?

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

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 →

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