Materials Industrial Reference Data Updated 2026-05-31

LYB Gamma Exposure, IV Rank & Implied Volatility

LyondellBasell Industries (LYB) options data — GEX, IV rank, options chain & Greeks

LYB options trade with implied volatility typically in the 18% - 38% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 21.9 /100
IV 27.7%
Simulated data for display · open live LYB on the platform →

An IV rank near 21.9 (the value shown here is illustrative) would mean implied volatility is in roughly the 21.9th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads. For today's live LYB IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 18.8%45.75%

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

Comprehensive options market data for LyondellBasell Industries (LYB).

LYB Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 18% - 38%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
18% - 38%
Market Cap
$25B+
Weeklies
Yes

1 About LyondellBasell Industries (LYB)

LyondellBasell is one of the largest plastics, chemicals, and refining companies in the world, producing materials for packaging, automotive, and construction.

Company Profile

Sector Materials
Industry Chemicals
Market Cap $25B+
Exchange NYSE

Key Dates

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

LyondellBasell Industries operates in the Materials sector.

2 LYB Options Market Overview

LYB 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

LYB options are available for trading across multiple expirations.

3 LYB Implied Volatility & IV Rank

LYB implied volatility is moderate, reflecting economic cycle exposure.

Low IV Environment
18% - 23%
Below average volatility
Typical IV Range
23% - 33%
Normal conditions
Elevated IV
33% - 38%
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 LYB options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View LYB Volatility Lab

LYB Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live LYB GEX

4 Common LYB Options Strategies

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

Popular for LYB shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on LYB.

Range-bound strategy for LYB between events.

Key Considerations for LYB Options

  • LYB 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: LYB Options

What is LYB's typical implied volatility?

LYB implied volatility typically ranges from 18% - 38%.

Does LYB have weekly options?

LYB offers weekly options.

What is LYB's options trading profile?

LYB (LyondellBasell Industries) 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% - 38% range. The position sits in the Materials category for portfolio diversification and options strategy design.

How does LYB 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 LYB?

Popular strategies on LYB options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 18% - 38% 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 LYB's gamma exposure (GEX)?

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

What is LYB's IV rank?

LYB's IV rank shows where LYB'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. LYB implied volatility typically ranges from 18% - 38%. Check LYB'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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