CONOCOPHILLIPS (COP) Options Risk Score

Run a full COP 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 CONOCOPHILLIPS (COP) right now?

For a 4-week expiry, CONOCOPHILLIPS (COP) carries an options catalyst-risk score of 85 out of 100 (HIGH). The contributing signals are an upcoming earnings report, 1 recent news item and 10 active legal filings within the 4-week window. Anything at 70 or above counts as HIGH, meaning the premium on COP 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.

COP shows an IV Rank of 39, near the low end of its one-year range — options are relatively cheap, which favours option buyers over sellers, with a current implied volatility of about 33%. IV Rank answers how COP options are priced against their own history, which is the starting point for choosing between selling and buying premium.

COP reports on 2026-11-05. Any expiry beyond that date carries the gap, and the implied volatility priced in beforehand typically collapses the morning after.

CONOCOPHILLIPS (COP) current implied volatility and IV Rank

CONOCOPHILLIPS (COP) currently has an IV Rank of 39 with implied volatility around 33%, alongside a TickerRisk options-risk score of 85/100. That is toward the bottom of its 12-month range, so premium is thin. Selling here pays poorly for the risk taken; if you expect a move, buying the move is the cheaper side.

IV Rank is an index, not a percentage — it says where COP's implied volatility sits inside its own 1-year range. How to read IV Rank →

CONOCOPHILLIPS (COP) next earnings date — 2026-11-05

CONOCOPHILLIPS (COP) reports earnings on 2026-11-05 — about 15 days away, which falls inside a typical options expiry window. COP's IV Rank is currently 39. Earnings are the single biggest scheduled catalyst for an overnight gap: implied volatility usually runs up into the report and collapses immediately after (the IV crush). Selling premium into the event captures that crush but exposes you to the gap; buying premium needs a move large enough to beat the elevated IV you paid.

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