Consumer Staples Consumer Reference Data Updated 2026-05-31

SJM Gamma Exposure, IV Rank & Implied Volatility

J.M. Smucker (SJM) options data — GEX, IV rank, options chain & Greeks

SJM options trade with implied volatility typically in the 15% - 32% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar.

IV Rank 20.2 /100
IV 55.4%
Simulated data for display · open live SJM on the platform →

An IV rank near 20.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 20.2th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads. For today's live SJM IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 39.6%87.07%

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

Comprehensive options market data for J.

SJM Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 15% - 32%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
15% - 32%
Weeklies
No

1 About J.M. Smucker (SJM)

J.M. Smucker (SJM) is a packaged foods company listed on NYSE.

Company Profile

Sector Consumer Staples
Industry Packaged Foods
Market Cap See live data
Exchange NYSE

Key Dates

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

J.M. Smucker is a Packaged Foods) company in the Consumer Staples sector.

2 SJM Options Market Overview

SJM 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

SJM options provide trading opportunities across multiple expirations.

3 SJM Implied Volatility & IV Rank

SJM implied volatility patterns reflect the packaged foods sector dynamics.

Low IV Environment
15% - 19%
Below average volatility
Typical IV Range
19% - 27%
Normal conditions
Elevated IV
27% - 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 SJM options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View SJM Volatility Lab

SJM Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live SJM GEX

4 Common SJM Options Strategies

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

Popular for SJM shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on SJM.

Range-bound strategy for SJM between events.

Key Considerations for SJM Options

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

Frequently Asked Questions: SJM Options

What is SJM's typical implied volatility?

SJM implied volatility typically ranges from 15% - 32%. IV patterns are influenced by earnings, sector events, and market conditions.

Does SJM have weekly options?

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

What is SJM's options trading profile?

SJM (J.M. Smucker) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 15% - 32% range. The position sits in the Consumer Staples category for portfolio diversification and options strategy design.

How does SJM 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 SJM?

Popular strategies on SJM options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 15% - 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 SJM's gamma exposure (GEX)?

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

What is SJM's IV rank?

SJM's IV rank shows where SJM'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. SJM implied volatility typically ranges from 15% - 32%. Check SJM's live IV rank and percentile on ApexVol's IV analytics.

SJM 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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