Energy Energy Reference Data Updated 2026-05-31

VLO Gamma Exposure, IV Rank & Implied Volatility

Valero Energy (VLO) options data — GEX, IV rank, options chain & Greeks

VLO options trade with implied volatility typically in the 22% - 50% range, averaging N/A in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 26.3 /100
IV 47.8%
Simulated data for display · open live VLO on the platform →

An IV rank near 26.3 (the value shown here is illustrative) would mean implied volatility is in roughly the 26.3th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads. For today's live VLO IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 27.71%71.17%

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

Comprehensive options market data for Valero Energy (VLO).

VLO Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 50%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Very Good
IV Range
22% - 50%
Weeklies
Yes

1 About Valero Energy (VLO)

Valero Energy (VLO) is a oil refining company listed on NYSE.

Company Profile

Sector Energy
Industry Oil Refining
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

Valero Energy is a Oil Refining) company in the Energy sector.

2 VLO Options Market Overview

VLO 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 Available
LEAPS Available Yes

Liquidity Assessment: Very Good

VLO options provide trading opportunities across multiple expirations.

3 VLO Implied Volatility & IV Rank

VLO implied volatility patterns reflect the oil refining sector dynamics.

Low IV Environment
22% - 29%
Below average volatility
Typical IV Range
29% - 43%
Normal conditions
Elevated IV
43% - 50%
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 VLO options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View VLO Volatility Lab

VLO Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live VLO GEX

4 Common VLO Options Strategies

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

Popular for VLO shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on VLO.

Range-bound strategy for VLO between events.

Key Considerations for VLO Options

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

Frequently Asked Questions: VLO Options

What is VLO's typical implied volatility?

VLO implied volatility typically ranges from 22% - 50%. IV patterns are influenced by earnings, sector events, and market conditions.

Does VLO have weekly options?

Yes, VLO offers weekly options expirations.

What is VLO's options trading profile?

VLO (Valero Energy) options trade with very good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 50% range. The position sits in the Energy category for portfolio diversification and options strategy design.

How does VLO 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 VLO?

Popular strategies on VLO options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 50% 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 VLO's gamma exposure (GEX)?

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

What is VLO's IV rank?

VLO's IV rank shows where VLO'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. VLO implied volatility typically ranges from 22% - 50%. Check VLO's live IV rank and percentile on ApexVol's IV analytics.

VLO Key Events

Earnings Months
January April July October

Related Tickers

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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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