ETF ETFs - Index Reference Data Updated 2026-05-31

VOO Gamma Exposure, IV Rank & Implied Volatility

Vanguard S&P 500 ETF (VOO) options data — GEX, IV rank, options chain & Greeks

VOO options trade with implied volatility typically in the 10% - 30% range, averaging N/A in daily volume with excellent liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 54.3 /100
IV 34.1%
Simulated data for display · open live VOO on the platform →

An IV rank near 54.3 (the value shown here is illustrative) would mean implied volatility is in roughly the 54.3th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live VOO IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 26.04%49.67%

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

Comprehensive options market data for Vanguard S&P 500 ETF (VOO).

VOO Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 10% - 30%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Excellent
IV Range
10% - 30%
Weeklies
Yes

1 About Vanguard S&P 500 ETF (VOO)

Vanguard S&P 500 ETF (VOO) is a index etf company listed on NYSE.

Company Profile

Sector ETF
Industry Index ETF
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

Vanguard S&P 500 ETF is a Index ETF) company in the ETF sector.

2 VOO Options Market Overview

VOO 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: Excellent

VOO options provide trading opportunities across multiple expirations.

3 VOO Implied Volatility & IV Rank

VOO implied volatility patterns reflect the index etf sector dynamics.

Low IV Environment
10% - 15%
Below average volatility
Typical IV Range
15% - 25%
Normal conditions
Elevated IV
25% - 30%
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 VOO options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View VOO Volatility Lab

VOO Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live VOO GEX

4 Common VOO Options Strategies

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

Popular for VOO shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on VOO.

Range-bound strategy for VOO between events.

Key Considerations for VOO Options

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

Frequently Asked Questions: VOO Options

What is VOO's typical implied volatility?

VOO implied volatility typically ranges from 10% - 30%. IV patterns are influenced by earnings, sector events, and market conditions.

Does VOO have weekly options?

Yes, VOO offers weekly options expirations.

What is VOO's options trading profile?

VOO (Vanguard S&P 500 ETF) options trade with excellent liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 10% - 30% range. The position sits in the ETF category for portfolio diversification and options strategy design.

How does VOO 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 VOO?

Popular strategies on VOO options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 10% - 30% 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 VOO's gamma exposure (GEX)?

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

What is VOO's IV rank?

VOO's IV rank shows where VOO'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. VOO implied volatility typically ranges from 10% - 30%. Check VOO's live IV rank and percentile on ApexVol's IV analytics.

VOO 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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