Healthcare Healthcare Reference Data Updated 2026-05-31

TMO Gamma Exposure, IV Rank & Implied Volatility

Thermo Fisher Scientific (TMO) options data — GEX, IV rank, options chain & Greeks

TMO options trade with implied volatility typically in the 18% - 40% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 48.2 /100
IV 33.5%
Simulated data for display · open live TMO on the platform →

An IV rank near 48.2 (the value shown here is illustrative) would mean implied volatility is in roughly the 48.2th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live TMO IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 26.17%53.21%

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

Comprehensive options market data for Thermo Fisher Scientific (TMO).

TMO Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 18% - 40%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
18% - 40%
Market Cap
$200B+
Weeklies
Yes

1 About Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific is the world leader in serving science, providing analytical instruments, reagents, and laboratory equipment to researchers and healthcare professionals worldwide.

Company Profile

Sector Healthcare
Industry Diagnostics & Research
Market Cap $200B+
Exchange NYSE

Key Dates

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

Thermo Fisher Scientific operates in the Healthcare sector.

2 TMO Options Market Overview

TMO 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

TMO options are available for trading across multiple expirations.

3 TMO Implied Volatility & IV Rank

TMO implied volatility reflects inherent uncertainty in healthcare outcomes, clinical trials, and regulatory decisions. IV patterns follow earnings and FDA catalysts.

Low IV Environment
18% - 23%
Below average volatility
Typical IV Range
23% - 34%
Normal conditions
Elevated IV
34% - 40%
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 TMO options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View TMO Volatility Lab

TMO Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live TMO GEX

4 Common TMO Options Strategies

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

Popular for TMO shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on TMO.

Range-bound strategy for TMO between events.

Key Considerations for TMO Options

  • TMO 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: TMO Options

What is TMO's typical implied volatility?

TMO implied volatility typically ranges from 18% - 40%.

Does TMO have weekly options?

TMO offers weekly options.

What is TMO's options trading profile?

TMO (Thermo Fisher Scientific) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 18% - 40% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.

How does TMO 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 TMO?

Popular strategies on TMO options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 18% - 40% 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 TMO's gamma exposure (GEX)?

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

What is TMO's IV rank?

TMO's IV rank shows where TMO'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. TMO implied volatility typically ranges from 18% - 40%. Check TMO'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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