BRISTOL MYERS SQUIBB CO (BMY) Options Risk Score

Run a full BMY options risk analysis

See the complete risk breakdown — news catalysts, SEC filings, legal proceedings, earnings overlap, IV vs HV, options flow and Expected Move — all in one scan.

Is it risky to sell options on BRISTOL MYERS SQUIBB CO (BMY) right now?

For a 4-week expiry, BRISTOL MYERS SQUIBB CO (BMY) carries an options catalyst-risk score of 99 out of 100 (HIGH). That score is driven by an upcoming earnings report, 4 recent news items, 10 active legal filings and 18 clinical-trial catalysts falling inside the 4-week window. Anything at 70 or above counts as HIGH, meaning the premium on BMY is at least partly compensation for a scheduled event rather than pure time value. It says nothing about direction — only that something is on the calendar.

BMY shows an IV Rank of 74 — implied volatility is near the top of its own one-year range, so BMY options are historically expensive, which favours premium-selling strategies, with a current implied volatility of about 38%. IV Rank is the most useful figure for deciding whether to sell or buy premium on BMY.

BMY reports on 2026-10-29. Any expiry beyond that date carries the gap, and the implied volatility priced in beforehand typically collapses the morning after.

BRISTOL MYERS SQUIBB CO (BMY) current implied volatility and IV Rank

BMY is trading at an IV Rank of 74 with implied volatility around 38%, alongside a TickerRisk options-risk score of 99/100. That is expensive by BMY's own standards. Elevated IV Rank rewards defined-risk premium selling, and it is also the market's way of saying it expects movement; the question worth answering is what it expects to move on.

Unsure how to act on this? What IV Rank is worth selling at →

BRISTOL MYERS SQUIBB CO (BMY) next earnings date — 2026-10-29

The next BMY report lands on 2026-10-29 — about 8 days away — inside the window a typical monthly option would span. BMY's IV Rank is currently 74. That matters more than any other single date on the calendar: the stock can gap overnight on the print, and any premium you collect now is partly payment for carrying that gap. Sellers who want the volatility crush without the gap generally choose an expiry that ends before the report.

TickerRisk provides risk scoring for informational purposes only. This is not financial advice. Options trading involves substantial risk of loss. Full disclaimer