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TMUS Implied Volatility, IV Rank & Options Chain

T-Mobile US Inc. (TMUS) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for T-Mobile US Inc.

Updated Reference data
Open TMUS in the Terminal TMUS GEX levels IV Intelligence Positioning

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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

TMUS options trade with implied volatility typically in the 20% - 50% range, averaging 40K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.

TMUS implied volatility

As of 2026-10-26

As of 2026-10-26, TMUS's 30-day implied volatility is 43.6%, placing its 1-year IV percentile at 100.0 — above 100.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

43.6%30-day IV
100.01-year IV rank

TMUS live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live TMUS chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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TMUS options at a glance

Daily volume
40K+ contracts
IV range
20% - 50%
Bid-ask spread
Varies by strike
Expirations
Weekly, monthly, LEAPS
Open interest
400K+ contracts
Next earnings
Check earnings calendar
40K+ contractsAvg Volume
400K+ contractsOpen Interest
20% - 50%IV Range
GoodLiquidity
YesWeeklies
YesLEAPS

About T-Mobile US Inc. (TMUS)

T-Mobile US Inc. trades on NASDAQ. Options on TMUS are actively traded by retail and institutional investors.

Company profile

Sector
Communications
Industry
Telecommunications
Market cap
Large Cap
Exchange
NASDAQ

Key dates

Next earnings
Check earnings calendar
Earnings frequency
Quarterly
Dividend schedule
Varies
Fiscal year end
December

TMUS is an actively traded options name in the Telecommunications space.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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TMUS options market overview

TMUS options offer good liquidity for traders seeking exposure to Telecommunications.

Average daily volume
40K+ contracts
Total open interest
400K+ contracts
Put/call ratio
0.6 - 1.0 typical
Typical ATM spread
Varies by strike
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

TMUS options provide good liquidity for most trading strategies.

TMUS implied volatility and IV rank

TMUS implied volatility reflects market expectations for T-Mobile US Inc. price movement.

20% - 28%Low IV, below average
28% - 38%Typical, normal conditions
38% - 50%Elevated, above average

Earnings impact

IV typically increases before earnings and contracts afterward (IV crush).

The post-earnings volatility drop is known as IV crush. Holders of short TMUS options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term structure

Term structure varies with market conditions and upcoming events.

The smile, the term structure and the cone for TMUS, on today's chain.

Open TMUS in IV Intelligence

TMUS gamma exposure (GEX)

Gamma Exposure (GEX) analysis for TMUS shows how dealer hedging may impact price behavior.

  • Typical GEX profile. GEX profile varies based on market conditions and option positioning.
  • Key levels. Major put and call walls at round number strikes may act as support/resistance.
  • Dealer hedging. Dealer hedging activity can influence price behavior at key gamma levels.

Where the gamma sits on TMUS right now, strike by strike.

See live TMUS GEX

Common TMUS options strategies

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

Covered CallsIncome. Used by TMUS traders for income exposure. Good liquidity supports efficient execution. Vertical SpreadsDirectional. Used by TMUS traders for directional exposure. Good liquidity supports efficient execution. Iron CondorsNeutral. Used by TMUS traders for neutral exposure. Good liquidity supports efficient execution. StranglesVolatility. Used by TMUS traders for volatility exposure. Good liquidity supports efficient execution. Calendar SpreadsTime-Based. Used by TMUS traders for time-based exposure. Good liquidity supports efficient execution.

Every options strategy, ranked by what it is for

Key considerations for TMUS options

  • TMUS options liquidity: Good - affects execution quality
  • IV range: 20% - 50% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

TMUS key events

Earnings months. Q1, Q2, Q3, Q4

  • Industry conferences
  • Product announcements
  • Regulatory updates

TMUS options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns TMUS'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.

GET /api/mcp/data/iv-rank/TMUSBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/TMUS"
In Claudethrough the MCP server
You

What is TMUS's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on TMUS in the console, more prompts for TMUS, 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 TMUS options.

What are TMUS options?

TMUS options are derivative contracts that give you the right to buy (call) or sell (put) T-Mobile US Inc. shares at a specific price before expiration.

How do I analyze TMUS implied volatility?

TMUS IV typically ranges from 20% - 28% during quiet periods to 38% - 50% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for TMUS options?

TMUS options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does TMUS report earnings?

T-Mobile US Inc. typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for TMUS options?

Popular TMUS strategies include covered calls, vertical spreads, and iron condors. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade TMUS options?

The most liquid trading hours for TMUS 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 TMUS option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for TMUS options across all strikes and expirations.

What happens to TMUS options at expiration?

In-the-money TMUS 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 TMUS's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence TMUS's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live TMUS GEX levels and the gamma-flip point on ApexVol.

What is TMUS's IV rank?

TMUS's IV rank shows where TMUS'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. TMUS implied volatility typically ranges from 20% - 50%. Check TMUS's live IV rank and percentile on ApexVol's IV analytics.

Keep reading

Where TMUS
gets priced.

TMUS analytics

Options CalculatorCalculate option prices and Greeks IV CalculatorAnalyze implied volatility Strategy BuilderBuild and analyze options strategies

Run it, do not just read it

Options profit calculatorPayoff, breakeven and Greeks. Greeks calculatorDelta, gamma, theta, vega. IV rank calculatorImplied volatility and IV rank. Options chainReal-time Greeks on a live chain. Greeks heatmapWhere the exposure actually sits. Volatility labIV analysis across the surface. Strategy simulatorTest the structure before you place it. IV intelligenceThe surface in three dimensions. Options screenerFind the setups worth a look. Historical dataPast snapshots, back to 2007. EarningsHistorical moves and the IV around them. 0DTE analyticsSame-day expiration, same-day risk.

Related tickers

T optionsAT&T. Related ticker. VZ optionsVerizon Communicatio. Related ticker. CMCSA optionsComcast. Related ticker.

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