1. Home
  2. Options
  3. VICI Options

Real Estate · Real Estate

VICI Implied Volatility, IV Rank & Options Chain

VICI Properties Inc. (VICI) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for VICI Properties Inc.

Updated Reference data

Live tools open on the AAPL demo for visitors. VICI unlocks with the 7-day free trial.

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

VICI options trade with implied volatility typically in the 14% - 32% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

VICI implied volatility

As of 2026-09-01

As of 2026-09-01, VICI's 30-day implied volatility is 20.0%, placing its 1-year IV percentile at 34.0 — above 34.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

20.0%30-day IV
34.01-year IV rank

VICI live chain, Greeks and GEX

Terminal

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

Create a free account No card. Every module on AAPL first.

VICI options at a glance

Daily volume
N/A
IV range
14% - 32%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
14% - 32%IV Range
$30B+Market Cap
YesWeeklies

About VICI Properties Inc. (VICI)

VICI Properties owns gaming, hospitality, and entertainment destinations including Caesars Palace and MGM Grand under long-term triple-net leases.

Company profile

Sector
Real Estate
Industry
REIT - Specialty
Market cap
$30B+
Exchange
NYSE

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
December

VICI Properties Inc. operates in the Real Estate sector.

VICI options market overview

VICI 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

VICI options are available for trading across multiple expirations.

VICI implied volatility and IV rank

VICI implied volatility reflects interest rate sensitivity and real estate conditions. REIT volatility increases during periods of rising rates.

14% - 18%Low IV, below average
18% - 27%Typical, normal conditions
27% - 32%Elevated, above average

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 VICI options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

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

Term structure

Typically upward sloping under normal conditions.

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

Open the Volatility Lab

VICI gamma exposure (GEX)

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

  • Typical GEX profile. VICI tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

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

See live VICI GEX

Common VICI options strategies

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

Key considerations for VICI options

  • VICI 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

VICI key events

Earnings months. January, April, July, October

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 2026-09-01. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

No account needed. Unsubscribe any time.

Questions

Frequently asked
about VICI options.

What is VICI's typical implied volatility?

VICI implied volatility typically ranges from 14% - 32%.

Does VICI have weekly options?

VICI offers weekly options.

What is VICI's options trading profile?

VICI (VICI Properties Inc.) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 14% - 32% range. The position sits in the Real Estate category for portfolio diversification and options strategy design.

How does VICI 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 VICI?

Popular strategies on VICI options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 14% - 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 VICI's gamma exposure (GEX)?

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

What is VICI's IV rank?

VICI's IV rank shows where VICI'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. VICI implied volatility typically ranges from 14% - 32%. Check VICI's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
Live data trades better.

Everything on this page is the shape of VICI options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Run every module on AAPL without an account.

Real market data, not a sandbox. See it live on AAPL.

7 days free, cancel anytime Card required · no charge for 7 days
Start trial →