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Real Estate · Growth

OPEN Implied Volatility, IV Rank & Options Chain

Opendoor Technologies (OPEN) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Opendoor Technologies (OPEN).

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

OPEN options trade with implied volatility typically in the 40% - 90% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar.

OPEN implied volatility

As of 2026-09-01

As of 2026-09-01, OPEN's 30-day implied volatility is 72.9%, placing its 1-year IV percentile at 0.0 — above 0.0% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.

72.9%30-day IV
0.01-year IV rank

OPEN live chain, Greeks and GEX

Terminal

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

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OPEN options at a glance

Daily volume
N/A
IV range
40% - 90%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
40% - 90%IV Range
NoWeeklies

About Opendoor Technologies (OPEN)

Opendoor Technologies (OPEN) is a proptech company listed on NASDAQ.

Company profile

Sector
Real Estate
Industry
PropTech
Market cap
See live data
Exchange
NASDAQ

Key dates

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

Opendoor Technologies is a PropTech) company in the Real Estate sector.

OPEN options market overview

OPEN options provide trading opportunities 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: Good

OPEN options provide trading opportunities across multiple expirations.

OPEN implied volatility and IV rank

OPEN implied volatility patterns reflect the proptech sector dynamics.

40% - 52%Low IV, below average
52% - 77%Typical, normal conditions
77% - 90%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 OPEN options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

OPEN 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 OPEN, on today's chain.

Open the Volatility Lab

OPEN gamma exposure (GEX)

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

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

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

See live OPEN GEX

Common OPEN options strategies

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

Key considerations for OPEN options

  • Monitor OPEN earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing options positions
  • OPEN options liquidity varies by expiration - prefer near-term and monthly expirations

OPEN key events

Earnings months. January, April, July, October

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 2026-09-01. How we research →

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

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Questions

Frequently asked
about OPEN options.

What is OPEN's typical implied volatility?

OPEN implied volatility typically ranges from 40% - 90%. IV patterns are influenced by earnings, sector events, and market conditions.

Does OPEN have weekly options?

Check with your broker, OPEN may offer weekly options expirations.

What is OPEN's options trading profile?

OPEN (Opendoor Technologies) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 40% - 90% range. The position sits in the Real Estate category for portfolio diversification and options strategy design.

How does OPEN 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 OPEN?

Popular strategies on OPEN options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 40% - 90% 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 OPEN's gamma exposure (GEX)?

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

What is OPEN's IV rank?

OPEN's IV rank shows where OPEN'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. OPEN implied volatility typically ranges from 40% - 90%. Check OPEN's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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Everything on this page is the shape of OPEN options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Run every module on AAPL without an account.

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