Industrials Industrial Reference Data Updated 2026-05-31

OTIS Gamma Exposure, IV Rank & Implied Volatility

Otis Worldwide Corporation (OTIS) options data — GEX, IV rank, options chain & Greeks

OTIS options trade with implied volatility typically in the 16% - 32% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 53.2 /100
IV 54.4%
Simulated data for display · open live OTIS on the platform →

An IV rank near 53.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 53.2th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live OTIS IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 39.54%79.53%

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

Comprehensive options market data for Otis Worldwide Corporation (OTIS).

OTIS Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 16% - 32%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
16% - 32%
Market Cap
$35B+
Weeklies
Yes

1 About Otis Worldwide Corporation (OTIS)

Otis Worldwide is the world's leading elevator and escalator manufacturing, installation, and service company, operating in over 200 countries.

Company Profile

Sector Industrials
Industry Building Products & Equipment
Market Cap $35B+
Exchange NYSE

Key Dates

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

Otis Worldwide Corporation operates in the Industrials sector.

2 OTIS Options Market Overview

OTIS 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

OTIS options are available for trading across multiple expirations.

3 OTIS Implied Volatility & IV Rank

OTIS implied volatility is moderate, reflecting economic cycle exposure.

Low IV Environment
16% - 20%
Below average volatility
Typical IV Range
20% - 28%
Normal conditions
Elevated IV
28% - 32%
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 OTIS options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View OTIS Volatility Lab

OTIS Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live OTIS GEX

4 Common OTIS Options Strategies

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

Popular for OTIS shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on OTIS.

Range-bound strategy for OTIS between events.

Key Considerations for OTIS Options

  • OTIS 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: OTIS Options

What is OTIS's typical implied volatility?

OTIS implied volatility typically ranges from 16% - 32%.

Does OTIS have weekly options?

OTIS offers weekly options.

What is OTIS's options trading profile?

OTIS (Otis Worldwide 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% - 32% range. The position sits in the Industrials category for portfolio diversification and options strategy design.

How does OTIS 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 OTIS?

Popular strategies on OTIS options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 16% - 32% 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 OTIS's gamma exposure (GEX)?

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

What is OTIS's IV rank?

OTIS's IV rank shows where OTIS'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. OTIS implied volatility typically ranges from 16% - 32%. Check OTIS'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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