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ILMN Illumina

ILMN IV Rank — are Illumina's options cheap or expensive right now?

IV Rank
21
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
48%
IV Percentile
21%
52-wk IV high
117%
52-wk IV low
30%
Where current IV sits in its 52-week range
30%117%

Illumina's options are currently cheap. With an IV Rank of 21, implied volatility sits near the low end of its 1-year range and richer than roughly 21% 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 ILMN
Other healthcare names
LLY 29UNH 9JNJ 76PFE 27MRK 46ABBV 53

Frequently asked

What does an IV Rank of 21 mean for ILMN?
It means Illumina'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 ILMN 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.