Industrials Growth Reference Data Updated 2026-05-31

PLUG Gamma Exposure, IV Rank & Implied Volatility

Plug Power Inc. (PLUG) options data — GEX, IV rank, options chain & Greeks

PLUG options trade with implied volatility typically in the 50% - 120% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar.

IV Rank 17.2 /100
IV 55.8%
Simulated data for display · open live PLUG on the platform →

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. For today's live PLUG IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 44.61%76.17%

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

Comprehensive options market data for Plug Power Inc.

PLUG Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 50% - 120%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
50% - 120%
Weeklies
No

1 About Plug Power Inc. (PLUG)

Plug Power Inc. (PLUG) is a clean energy company listed on NASDAQ.

Company Profile

Sector Industrials
Industry Clean Energy
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

Plug Power Inc. is a Clean Energy) company in the Industrials sector.

2 PLUG Options Market Overview

PLUG 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

PLUG options provide trading opportunities across multiple expirations.

3 PLUG Implied Volatility & IV Rank

PLUG implied volatility patterns reflect the clean energy sector dynamics.

Low IV Environment
50% - 67%
Below average volatility
Typical IV Range
67% - 102%
Normal conditions
Elevated IV
102% - 120%
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 PLUG options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View PLUG Volatility Lab

PLUG Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live PLUG GEX

4 Common PLUG Options Strategies

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

Popular for PLUG shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on PLUG.

Range-bound strategy for PLUG between events.

Key Considerations for PLUG Options

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

Frequently Asked Questions: PLUG Options

What is PLUG's typical implied volatility?

PLUG implied volatility typically ranges from 50% - 120%. IV patterns are influenced by earnings, sector events, and market conditions.

Does PLUG have weekly options?

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

What is PLUG's options trading profile?

PLUG (Plug Power 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 50% - 120% range. The position sits in the Industrials category for portfolio diversification and options strategy design.

How does PLUG 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 PLUG?

Popular strategies on PLUG options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 50% - 120% 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 PLUG's gamma exposure (GEX)?

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

What is PLUG's IV rank?

PLUG's IV rank shows where PLUG'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. PLUG implied volatility typically ranges from 50% - 120%. Check PLUG's live IV rank and percentile on ApexVol's IV analytics.

PLUG Key Events

Earnings Months
January April July October

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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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