Financial Services Finance Reference Data Updated 2026-05-31

NTRS Gamma Exposure, IV Rank & Implied Volatility

Northern Trust Corporation (NTRS) options data — GEX, IV rank, options chain & Greeks

NTRS options trade with implied volatility typically in the 16% - 38% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 71.5 /100
IV 31.6%
Simulated data for display · open live NTRS on the platform →

An IV rank near 71.5 (the value shown here is illustrative) would mean implied volatility is in roughly the 71.5th percentile of its 1-year range — elevated, premium-selling regime for credit spreads, iron condors, and short strangles. For today's live NTRS IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 17.71%46.22%

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

Comprehensive options market data for Northern Trust Corporation (NTRS).

NTRS Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 16% - 38%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
16% - 38%
Market Cap
$20B+
Weeklies
Yes

1 About Northern Trust Corporation (NTRS)

Northern Trust is a leading provider of wealth management, asset servicing, and banking services to corporations, institutions, and affluent individuals.

Company Profile

Sector Financial Services
Industry Asset Management
Market Cap $20B+
Exchange NASDAQ

Key Dates

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

Northern Trust Corporation operates in the Financial Services sector.

2 NTRS Options Market Overview

NTRS 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

NTRS options are available for trading across multiple expirations.

3 NTRS Implied Volatility & IV Rank

NTRS implied volatility reflects interest rate sensitivity and credit dynamics.

Low IV Environment
16% - 21%
Below average volatility
Typical IV Range
21% - 32%
Normal conditions
Elevated IV
32% - 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 NTRS options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View NTRS Volatility Lab

NTRS Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live NTRS GEX

4 Common NTRS Options Strategies

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

Popular for NTRS shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on NTRS.

Range-bound strategy for NTRS between events.

Key Considerations for NTRS Options

  • NTRS 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: NTRS Options

What is NTRS's typical implied volatility?

NTRS implied volatility typically ranges from 16% - 38%.

Does NTRS have weekly options?

NTRS offers weekly options.

What is NTRS's options trading profile?

NTRS (Northern Trust 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 16% - 38% range. The position sits in the Financial Services category for portfolio diversification and options strategy design.

How does NTRS 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 NTRS?

Popular strategies on NTRS options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 16% - 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 NTRS's gamma exposure (GEX)?

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

What is NTRS's IV rank?

NTRS's IV rank shows where NTRS'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. NTRS implied volatility typically ranges from 16% - 38%. Check NTRS'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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