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Communication Services · Large Cap Tech

PARA Implied Volatility, IV Rank & Options Chain

Paramount Global (PARA) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Paramount Global (PARA).

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

PARA options trade with implied volatility typically in the 28% - 60% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

PARA IV rank

Simulated for display
17.2IV rank (of 100)
36.4%Implied volatility
21.74% – 51.88%52-week IV range

An IV rank near 17.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 17.2th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads.

IV history · simulated, illustrative only

See the real PARA IV rank Live from our institutional feed

PARA live chain, Greeks and GEX

Terminal

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

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PARA options at a glance

Daily volume
N/A
IV range
28% - 60%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
28% - 60%IV Range
$8B+Market Cap
YesWeeklies

About Paramount Global (PARA)

Paramount Global is a media and entertainment company operating the Paramount+ streaming service, CBS, MTV, Nickelodeon, and Paramount Pictures film studio.

Company profile

Sector
Communication Services
Industry
Entertainment
Market cap
$8B+
Exchange
NASDAQ

Key dates

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

Paramount Global operates in the Communication Services sector.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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PARA options market overview

PARA 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

PARA options are available for trading across multiple expirations.

PARA implied volatility and IV rank

PARA implied volatility reflects growth expectations and competitive dynamics in the technology sector. IV expands around earnings and product announcements.

28% - 36%Low IV, below average
36% - 52%Typical, normal conditions
52% - 60%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 PARA options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

PARA 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 PARA, on today's chain.

Open PARA in IV Intelligence

PARA gamma exposure (GEX)

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

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

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

See live PARA GEX

Common PARA options strategies

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

Key considerations for PARA options

  • PARA 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

PARA key events

Earnings months. January, April, July, October

PARA options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns PARA's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/PARABearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/PARA"
In Claudethrough the MCP server
You

What is PARA's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on PARA in the console, more prompts for PARA, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

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 2026-05-31. 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 PARA options.

What is PARA's typical implied volatility?

PARA implied volatility typically ranges from 28% - 60%.

Does PARA have weekly options?

PARA offers weekly options.

What is PARA's options trading profile?

PARA (Paramount Global) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 28% - 60% range. The position sits in the Communication Services category for portfolio diversification and options strategy design.

How does PARA 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 PARA?

Popular strategies on PARA options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 28% - 60% 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 PARA's gamma exposure (GEX)?

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

What is PARA's IV rank?

PARA's IV rank shows where PARA'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. PARA implied volatility typically ranges from 28% - 60%. Check PARA's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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