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INCY Implied Volatility, IV Rank & Options Chain

Incyte Corporation (INCY) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Incyte Corporation (INCY).

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

INCY options trade with implied volatility typically in the 22% - 55% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

INCY implied volatility

As of 2026-10-26

As of 2026-10-26, INCY's 30-day implied volatility is 43.5%, placing its 1-year IV percentile at 78.0 — above 78.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

43.5%30-day IV
78.01-year IV rank

INCY live chain, Greeks and GEX

Terminal

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

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INCY options at a glance

Daily volume
N/A
IV range
22% - 55%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
22% - 55%IV Range
$15B+Market Cap
YesWeeklies

About Incyte Corporation (INCY)

Incyte is a biopharmaceutical company focused on oncology, inflammation, and autoimmunity, known for its JAK inhibitor Jakafi and expanding pipeline.

Company profile

Sector
Healthcare
Industry
Biotechnology
Market cap
$15B+
Exchange
NASDAQ

Key dates

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

Incyte Corporation operates in the Healthcare sector.

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INCY options market overview

INCY 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

INCY options are available for trading across multiple expirations.

INCY implied volatility and IV rank

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

22% - 30%Low IV, below average
30% - 46%Typical, normal conditions
46% - 55%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 INCY options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

INCY 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 INCY, on today's chain.

Open INCY in IV Intelligence

INCY gamma exposure (GEX)

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

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

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

See live INCY GEX

Common INCY options strategies

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

Key considerations for INCY options

  • INCY 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

INCY key events

Earnings months. January, April, July, October

INCY options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns INCY'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/INCYBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/INCY"
In Claudethrough the MCP server
You

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

Claude calls get_iv_rank and get_gex

Try GEX on INCY in the console, more prompts for INCY, 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 →

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Questions

Frequently asked
about INCY options.

What is INCY's typical implied volatility?

INCY implied volatility typically ranges from 22% - 55%.

Does INCY have weekly options?

INCY offers weekly options.

What is INCY's options trading profile?

INCY (Incyte Corporation) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 55% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.

How does INCY 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 INCY?

Popular strategies on INCY options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 55% 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 INCY's gamma exposure (GEX)?

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

What is INCY's IV rank?

INCY's IV rank shows where INCY'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. INCY implied volatility typically ranges from 22% - 55%. Check INCY's live IV rank and percentile on ApexVol's IV analytics.

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