Go Pro
PM Philip Morris

PM IV Rank — are Philip Morris's options cheap or expensive right now?

IV Rank
20
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
30%
IV Percentile
11%
52-wk IV high
58%
52-wk IV low
23%
Where current IV sits in its 52-week range
23%58%

Philip Morris's options are currently cheap. With an IV Rank of 20, implied volatility sits near the low end of its 1-year range and richer than roughly 11% 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 PM
Other consumer names
AMZN 21TSLA 44RIVN 16LCID 13ABNB 28DASH 21

Frequently asked

What does an IV Rank of 20 mean for PM?
It means Philip Morris'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 PM 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.