Healthcare Healthcare Reference Data Updated 2026-05-31

VTRS Gamma Exposure, IV Rank & Implied Volatility

Viatris Inc. (VTRS) options data — GEX, IV rank, options chain & Greeks

VTRS options trade with implied volatility typically in the 18% - 38% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 64.1 /100
IV 54.0%
Simulated data for display · open live VTRS on the platform →

An IV rank near 64.1 (the value shown here is illustrative) would mean implied volatility is in roughly the 64.1th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live VTRS IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 38.28%81.3%

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

Comprehensive options market data for Viatris Inc.

VTRS Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 18% - 38%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
18% - 38%
Market Cap
$15B+
Weeklies
Yes

1 About Viatris Inc. (VTRS)

Viatris is a global healthcare company providing access to medicines across branded, generic, complex generic, and biosimilar categories.

Company Profile

Sector Healthcare
Industry Drug Manufacturers
Market Cap $15B+
Exchange NASDAQ

Key Dates

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

Viatris Inc. operates in the Healthcare sector.

2 VTRS Options Market Overview

VTRS 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

VTRS options are available for trading across multiple expirations.

3 VTRS Implied Volatility & IV Rank

VTRS implied volatility reflects healthcare outcomes, clinical trials, and regulatory decisions.

Low IV Environment
18% - 23%
Below average volatility
Typical IV Range
23% - 33%
Normal conditions
Elevated IV
33% - 38%
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 VTRS options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

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

Term Structure

Typically upward sloping under normal conditions.

View VTRS Volatility Lab

VTRS Gamma Exposure (GEX)

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

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

Key Levels:

Dealer Hedging:

View Live VTRS GEX

4 Common VTRS Options Strategies

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

Popular for VTRS shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on VTRS.

Range-bound strategy for VTRS between events.

Key Considerations for VTRS Options

  • VTRS 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: VTRS Options

What is VTRS's typical implied volatility?

VTRS implied volatility typically ranges from 18% - 38%.

Does VTRS have weekly options?

VTRS offers weekly options.

What is VTRS's options trading profile?

VTRS (Viatris 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 18% - 38% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.

How does VTRS 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 VTRS?

Popular strategies on VTRS options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 18% - 38% 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 VTRS's gamma exposure (GEX)?

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

What is VTRS's IV rank?

VTRS's IV rank shows where VTRS'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. VTRS implied volatility typically ranges from 18% - 38%. Check VTRS'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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