Real Estate Growth Reference Data Updated 2026-05-31

OPEN Gamma Exposure, IV Rank & Implied Volatility

Opendoor Technologies (OPEN) options data — GEX, IV rank, options chain & Greeks

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.

IV Rank 16.6 /100
IV 33.4%
Simulated data for display · open live OPEN on the platform →

An IV rank near 16.6 (the value shown here is illustrative) would mean implied volatility is in roughly the 16.6th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads. For today's live OPEN IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 18.51%46.97%

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

Comprehensive options market data for Opendoor Technologies (OPEN).

OPEN Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 40% - 90%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
40% - 90%
Weeklies
No

1 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.

2 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.

3 OPEN Implied Volatility & IV Rank

OPEN implied volatility patterns reflect the proptech sector dynamics.

Low IV Environment
40% - 52%
Below average volatility
Typical IV Range
52% - 77%
Normal conditions
Elevated IV
77% - 90%
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 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.

View OPEN 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:

View Live OPEN GEX

4 Common OPEN Options Strategies

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

Popular for OPEN shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on OPEN.

Range-bound strategy for OPEN between events.

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

Frequently Asked Questions: 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.

OPEN Key Events

Earnings Months
January April July October

Related Tickers

Analyze OPEN Options

Access real-time GEX levels, IV analytics, and options flow for OPEN.

Create Free Account View Plans
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 →

Explore OPEN Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.

7 days free, cancel anytime No charge if you cancel
Start trial →