Communication Services Large Cap Tech Reference Data Updated 2026-05-31

TTWO Gamma Exposure, IV Rank & Implied Volatility

Take-Two Interactive (TTWO) options data — GEX, IV rank, options chain & Greeks

TTWO options trade with implied volatility typically in the 22% - 55% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 65.0 /100
IV 19.9%
Simulated data for display · open live TTWO on the platform →

An IV rank near 65.0 (the value shown here is illustrative) would mean implied volatility is in roughly the 65.0th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live TTWO IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 13.82%26.46%

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

Comprehensive options market data for Take-Two Interactive (TTWO).

TTWO Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 55%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
22% - 55%
Market Cap
$30B+
Weeklies
Yes

1 About Take-Two Interactive (TTWO)

Take-Two Interactive publishes iconic video game franchises including Grand Theft Auto, NBA 2K, and Red Dead Redemption through its Rockstar Games and 2K labels.

Company Profile

Sector Communication Services
Industry Electronic Gaming
Market Cap $30B+
Exchange NASDAQ

Key Dates

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

Take-Two Interactive operates in the Communication Services sector.

2 TTWO Options Market Overview

TTWO 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

TTWO options are available for trading across multiple expirations.

3 TTWO Implied Volatility & IV Rank

TTWO implied volatility reflects growth expectations and competitive dynamics in the technology sector. IV expands around earnings and product announcements.

Low IV Environment
22% - 30%
Below average volatility
Typical IV Range
30% - 46%
Normal conditions
Elevated IV
46% - 55%
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 TTWO options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View TTWO Volatility Lab

TTWO Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live TTWO GEX

4 Common TTWO Options Strategies

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

Popular for TTWO shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on TTWO.

Range-bound strategy for TTWO between events.

Key Considerations for TTWO Options

  • TTWO 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: TTWO Options

What is TTWO's typical implied volatility?

TTWO implied volatility typically ranges from 22% - 55%.

Does TTWO have weekly options?

TTWO offers weekly options.

What is TTWO's options trading profile?

TTWO (Take-Two Interactive) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 55% range. The position sits in the Communication Services category for portfolio diversification and options strategy design.

How does TTWO 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 TTWO?

Popular strategies on TTWO options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 55% 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 TTWO's gamma exposure (GEX)?

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

What is TTWO's IV rank?

TTWO's IV rank shows where TTWO'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. TTWO implied volatility typically ranges from 22% - 55%. Check TTWO'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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