VIAV Stock Options Analysis

Dive deep into implied volatility, put/call ratios, and unusual activity.

$31.81
-2.83 (-8.17%)
Stock Price as of: Mar 30, 2026 00:00 ET
Options Data as of: Mar 30, 2026 04:00 ET
86%
IV Percentile (30D)
Very High (expensive options)
Current IV: 72.8%
1.32
Put/Call Ratio (Volume)
Bearish sentiment (more puts traded)
0.25
Put/Call Ratio (Open Interest)
Bullish sentiment (more calls open)
Options Activity Overview

11,848

Total Volume (Today)

44,274

Total Open Interest


Average Implied Volatility: 80.4%

Unusual Options Activity
Type Strike Exp. Date Volume Open Int. IV Score Mid Price
Put $31 2026-04-17 1,609 62 80.1% 54.0 $2.08
Put $27 2026-04-17 1,616 96 88.7% 53.6 $0.69
Call $45 2026-04-17 1,670 2,501 117.0% 19.3 $0.13
Call $40 2026-04-17 1,724 1,733 83.1% 5.4 $0.28
Put $34 2026-04-17 1,625 2,503 81.9% 4.7 $3.77
Recommended VIAV Option Strategies

Select a strategy below to see a live setup for VIAV, including P&L charts and institutional gamma levels.

Frequently Asked Questions

The current average implied volatility for VIAV near-ATM options is 80.4%. Our IV Percentile is 86%, which indicates that options premiums are currently very high (expensive options) relative to its recent 30-day historical range.

IV Percentile Guide:
80%+: Very expensive - consider selling premium (covered calls, credit spreads)
65-80%: Elevated - selling strategies may be advantageous
45-65%: Moderate - balanced approach works
25-45%: Below average - buying options becomes more attractive
Below 25%: Very cheap - favorable for buying calls or puts

The Put/Call Ratio by volume for VIAV is 1.32 and by open interest is 0.25.

A ratio above 1 indicates a prevalence of put options, often signaling more bearish sentiment or demand for downside protection. A ratio below 1 indicates more call options, suggesting bullish sentiment or demand for upside exposure.

This options data provides valuable insights into market sentiment and options pricing. High IV suggests selling premium, while low IV suggests buying premium. The Put/Call ratio can confirm overall market direction bias. Unusual activity might highlight institutional positioning. Always combine this with your own technical and fundamental analysis.

For specific options strategies tailored to current market conditions for VIAV, explore our advanced options advisor tools and strategy builder. This data can inform strategies like covered calls, cash-secured puts, iron condors, and more.

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