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VZ Implied Volatility, IV Rank & Options Chain

Verizon Communications (VZ) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Verizon Communications (VZ).

Updated Reference data

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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

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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

VZ options trade with implied volatility typically in the 20% - 50% range, averaging 40K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.

VZ implied volatility

As of 2026-10-26

As of 2026-10-26, VZ's 30-day implied volatility is 24.5%, placing its 1-year IV percentile at 87.0 — above 87.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

24.5%30-day IV
87.01-year IV rank

VZ live chain, Greeks and GEX

Terminal

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

Start a trial on VZ 7 days free, card required. Or try the Terminal on AAPL with a free account, no card.

VZ options at a glance

Daily volume
40K+ contracts
IV range
20% - 50%
Bid-ask spread
Varies by strike
Expirations
Weekly, monthly, LEAPS
Open interest
400K+ contracts
Next earnings
Check earnings calendar
40K+ contractsAvg Volume
400K+ contractsOpen Interest
20% - 50%IV Range
GoodLiquidity
YesWeeklies
YesLEAPS

About Verizon Communications (VZ)

Verizon Communications trades on NYSE. Options on VZ are actively traded by retail and institutional investors.

Company profile

Sector
Communications
Industry
Telecommunications
Market cap
Large Cap
Exchange
NYSE

Key dates

Next earnings
Check earnings calendar
Earnings frequency
Quarterly
Dividend schedule
Varies
Fiscal year end
December

VZ is an actively traded options name in the Telecommunications space.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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VZ options market overview

VZ options offer good liquidity for traders seeking exposure to Telecommunications.

Average daily volume
40K+ contracts
Total open interest
400K+ contracts
Put/call ratio
0.6 - 1.0 typical
Typical ATM spread
Varies by strike
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

VZ options provide good liquidity for most trading strategies.

VZ implied volatility and IV rank

VZ implied volatility reflects market expectations for Verizon Communications price movement.

20% - 28%Low IV, below average
28% - 38%Typical, normal conditions
38% - 50%Elevated, above average

Earnings impact

IV typically increases before earnings and contracts afterward (IV crush).

The move options are pricing for the next report, and how the last 12 went: VZ earnings expected move.

The post-earnings volatility drop is known as IV crush. Holders of short VZ options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term structure

Term structure varies with market conditions and upcoming events.

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

Open VZ in IV Intelligence

VZ gamma exposure (GEX)

Gamma Exposure (GEX) analysis for VZ shows how dealer hedging may impact price behavior.

  • Typical GEX profile. GEX profile varies based on market conditions and option positioning.
  • Key levels. Major put and call walls at round number strikes may act as support/resistance.
  • Dealer hedging. Dealer hedging activity can influence price behavior at key gamma levels.

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

See live VZ GEX

Common VZ options strategies

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

Key considerations for VZ options

  • VZ options liquidity: Good - affects execution quality
  • IV range: 20% - 50% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

VZ key events

Earnings months. Q1, Q2, Q3, Q4

  • Industry conferences
  • Product announcements
  • Regulatory updates

VZ options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns VZ's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/VZBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/VZ"
In Claudethrough the MCP server
You

What is VZ's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on VZ in the console, more prompts for VZ, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

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 2026-10-26. 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 VZ options.

What are VZ options?

VZ options are derivative contracts that give you the right to buy (call) or sell (put) Verizon Communications shares at a specific price before expiration.

How do I analyze VZ implied volatility?

VZ IV typically ranges from 20% - 28% during quiet periods to 38% - 50% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for VZ options?

VZ options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does VZ report earnings?

Verizon Communications typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for VZ options?

Popular VZ strategies include covered calls, vertical spreads, and iron condors. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade VZ options?

The most liquid trading hours for VZ options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate VZ option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for VZ options across all strikes and expirations.

What happens to VZ options at expiration?

In-the-money VZ options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

What is VZ's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence VZ's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live VZ GEX levels and the gamma-flip point on ApexVol.

What is VZ's IV rank?

VZ's IV rank shows where VZ'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. VZ implied volatility typically ranges from 20% - 50%. Check VZ'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 VZ options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Try the Terminal on AAPL without an account.

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