Consumer Discretionary Consumer Reference Data Updated 2026-05-31

PHM Gamma Exposure, IV Rank & Implied Volatility

PulteGroup Inc. (PHM) options data — GEX, IV rank, options chain & Greeks

PHM options trade with implied volatility typically in the 20% - 45% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 31.2 /100
IV 18.5%
Simulated data for display · open live PHM on the platform →

An IV rank near 31.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 31.2th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live PHM IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 10.99%27.31%

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

Comprehensive options market data for PulteGroup Inc.

PHM Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 20% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
20% - 45%
Market Cap
$25B+
Weeklies
Yes

1 About PulteGroup Inc. (PHM)

PulteGroup is one of America's largest homebuilders, constructing homes for first-time, move-up, and active adult buyers under the Pulte, Del Webb, and Centex brands.

Company Profile

Sector Consumer Discretionary
Industry Residential Construction
Market Cap $25B+
Exchange NYSE

Key Dates

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

PulteGroup Inc. operates in the Consumer Discretionary sector.

2 PHM Options Market Overview

PHM 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

PHM options are available for trading across multiple expirations.

3 PHM Implied Volatility & IV Rank

PHM implied volatility reflects consumer spending trends and competitive dynamics.

Low IV Environment
20% - 26%
Below average volatility
Typical IV Range
26% - 38%
Normal conditions
Elevated IV
38% - 45%
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 PHM options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View PHM Volatility Lab

PHM Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live PHM GEX

4 Common PHM Options Strategies

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

Popular for PHM shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on PHM.

Range-bound strategy for PHM between events.

Key Considerations for PHM Options

  • PHM 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: PHM Options

What is PHM's typical implied volatility?

PHM implied volatility typically ranges from 20% - 45%.

Does PHM have weekly options?

PHM offers weekly options.

What is PHM's options trading profile?

PHM (PulteGroup Inc.) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 20% - 45% range. The position sits in the Consumer Discretionary category for portfolio diversification and options strategy design.

How does PHM 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 PHM?

Popular strategies on PHM options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 20% - 45% 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 PHM's gamma exposure (GEX)?

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

What is PHM's IV rank?

PHM's IV rank shows where PHM'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. PHM implied volatility typically ranges from 20% - 45%. Check PHM'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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