Go Pro
COP ConocoPhillips

COP IV Rank — are ConocoPhillips's options cheap or expensive right now?

IV Rank
18
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
39%
IV Percentile
6%
52-wk IV high
67%
52-wk IV low
33%
Where current IV sits in its 52-week range
33%67%

ConocoPhillips's options are currently cheap. With an IV Rank of 18, implied volatility sits near the low end of its 1-year range and richer than roughly 6% of the past year. Historically at this level, buying options (long calls/puts, calendars) can be more attractive, since low IV tends to expand.

Suggested play
Long call / calendar spread
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for COP →
Other energy names
XOM 23CVX 35SLB 49OXY 20MPC 100PSX 81

Frequently asked

What does an IV Rank of 18 mean for COP?
It means ConocoPhillips's implied volatility is currently near the low end of its past-year range, so its options are relatively cheap.
Should I buy or sell COP options at this IV Rank?
Low IV Rank generally favors buying options (long calls/puts, calendars), since cheap volatility tends to expand.

IV Rank data is 15-minute delayed. Educational information, not investment advice.