Technology · Meme Stocks
RIOT Implied Volatility, IV Rank & Options Chain
Riot Platforms Inc. (RIOT) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Riot Platforms Inc.
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RIOT options trade with implied volatility typically in the 70% - 200% range, averaging 120K+ contracts in daily volume with excellent liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
RIOT implied volatility
As of 2026-10-26As of 2026-10-26, RIOT's 30-day implied volatility is 99.9%, placing its 1-year IV percentile at 84.0 — above 84.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.
RIOT live chain, Greeks and GEX
TerminalEvery figure above is reference data. The live RIOT chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.
RIOT options at a glance
- Daily volume
- 120K+ contracts
- IV range
- 70% - 200%
- Bid-ask spread
- $0.01 - $0.03 ATM
- Expirations
- Weekly, monthly, LEAPS
- Open interest
- 1.5M+ contracts
- Next earnings
- See earnings calendar
About Riot Platforms Inc. (RIOT)
Riot Platforms is a leading Bitcoin mining company operating one of the largest mining facilities in North America. The company focuses on developing and operating Bitcoin mining infrastructure, including the Rockdale facility in Texas. Riot also provides mining pool services.
Company profile
- Sector
- Technology
- Industry
- Software
- Market cap
- $4B+ (highly variable)
- Exchange
- NASDAQ
Key dates
- Next earnings
- See earnings calendar
- Earnings frequency
- Quarterly
- Dividend schedule
- None
- Fiscal year end
- December
Riot is a top Bitcoin miner by hash rate with large Texas operations. The company competes with Marathon (MARA) and CleanSpark for mining dominance.
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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
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- Expected move and GEX
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RIOT options market overview
RIOT options are highly liquid with strong retail interest. Volume tracks Bitcoin price movements closely.
- Average daily volume
- 120K+ contracts
- Total open interest
- 1.5M+ contracts
- Put/call ratio
- 0.45 - 0.85 typical
- Typical ATM spread
- $0.01 - $0.03 ATM
- Weekly options
- Available
- LEAPS available
- Yes
Liquidity assessment: Excellent
RIOT options are very liquid with penny-wide spreads. Popular retail mining play.
RIOT implied volatility and IV rank
RIOT implied volatility is very high, tracking Bitcoin volatility plus mining operational risks. IV patterns similar to MARA.
Earnings impact
Bitcoin moves dominate over earnings. Mining efficiency and hash rate growth matter.
The move options are pricing for the next report, and how the last 12 went: RIOT earnings expected move.
The post-earnings volatility drop is known as IV crush. Holders of short RIOT options should also understand early assignment risk around dividends and expiration.
Historical volatility vs IV
IV typically justified by actual volatility. Mining stocks swing dramatically.
Term structure
Often flat or inverted, mirroring Bitcoin term structure.
The smile, the term structure and the cone for RIOT, on today's chain.
Open RIOT in IV IntelligenceRIOT gamma exposure (GEX)
Gamma Exposure analysis for RIOT shows retail-driven positioning with bullish skew.
- Typical GEX profile. RIOT gamma typically shows call dominance and bullish positioning.
- Key levels. Dollar strikes attract heavy open interest. Low price means many active strikes.
- Dealer hedging. Dealer hedging responds to retail call flows.
Where the gamma sits on RIOT right now, strike by strike.
See live RIOT GEXCommon RIOT options strategies
These are strategies commonly used by traders on RIOT options, based on typical market characteristics. This is not investment advice.
Key considerations for RIOT options
- RIOT profitability depends on Bitcoin price and mining economics
- Texas operations benefit from energy arbitrage opportunities
- Hash rate growth and efficiency improvements are key metrics
- Bitcoin halving events significantly impact mining profitability
- Stock is leveraged to Bitcoin - moves more than BTC in percentage terms
- Competition with other miners for hash rate dominance
RIOT key events
Earnings months. February, May, August, November
- Bitcoin Price Movements
- Mining Facility Updates
- Bitcoin Halving Events
- Hash Rate Announcements
RIOT options data by API, or in Claude
Every number on this page is one request away. The implied volatility API returns RIOT'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.
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
"https://apexvol.com/api/mcp/data/iv-rank/RIOT"What is RIOT's IV rank right now, and where is its gamma flip?
Claude calls get_iv_rank and get_gexTry GEX on RIOT in the console, more prompts for RIOT, 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 2026-10-26. 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 RIOT options.
How liquid are RIOT options?
RIOT options are very liquid with average daily volume exceeding 120,000 contracts. Penny-wide spreads make them accessible.
What is RIOT's typical implied volatility?
RIOT implied volatility typically ranges from 70% to 200%. Normal conditions see IV between 90-130%.
How does RIOT compare to MARA?
RIOT and MARA are the two largest publicly-traded Bitcoin miners. Both have similar risk profiles tied to Bitcoin price and mining economics.
Why is RIOT stock so volatile?
RIOT acts as leveraged Bitcoin exposure due to fixed mining costs. When Bitcoin moves, mining profitability swings dramatically, amplifying stock moves.
When does RIOT report earnings?
RIOT reports quarterly in February, May, August, and November.
What is the best time to trade RIOT options?
The most liquid trading hours for RIOT options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate RIOT option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for RIOT options across all strikes and expirations.
What happens to RIOT options at expiration?
In-the-money RIOT options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
What is RIOT's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence RIOT's intraday price action. RIOT gamma typically shows call dominance and bullish positioning. Dealer hedging responds to retail call flows. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live RIOT GEX levels and the gamma-flip point on ApexVol.
What is RIOT's IV rank?
RIOT's IV rank shows where RIOT'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. RIOT implied volatility typically ranges from 70% - 200%. Check RIOT's live IV rank and percentile on ApexVol's IV analytics.
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RIOT analytics
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