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VTRS Implied Volatility, IV Rank & Options Chain

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

Updated Reference data

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

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.

VTRS implied volatility

As of 2026-09-01

As of 2026-09-01, VTRS's 30-day implied volatility is 30.6%, placing its 1-year IV percentile at 1.0 — above 1.0% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.

30.6%30-day IV
1.01-year IV rank

VTRS live chain, Greeks and GEX

Terminal

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

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VTRS options at a glance

Daily volume
N/A
IV range
18% - 38%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
18% - 38%IV Range
$15B+Market Cap
YesWeeklies

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.

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.

VTRS implied volatility and IV rank

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

18% - 23%Low IV, below average
23% - 33%Typical, normal conditions
33% - 38%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 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.

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

Open the 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.

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

See live VTRS GEX

Common VTRS options strategies

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

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

VTRS 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.

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Questions

Frequently asked
about 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.

Reference data reads well.
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