INCYTE CORP (INCY) Options Risk Score
Real-time risk analysis for INCY options traders — updated every 30 minutes.
Data last updated: 2026-10-22
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Is it risky to sell options on INCYTE CORP (INCY) right now?
Over a 4-week expiry window, INCYTE CORP (INCY) scores 100 out of 100 for options catalyst risk (HIGH). What pushes it there: an upcoming earnings report, 13 recent news items, 3 active legal filings and 1 recent SEC event, all landing inside the 4-week window. A HIGH reading (70+) means INCY has a dated event inside the window, so an option sold here carries gap risk that time decay alone will not pay for. The score ranks event exposure, not the likely direction of the move.
INCY shows an IV Rank of 88 — implied volatility is near the top of its own one-year range, so INCY options are historically expensive, which favours premium-selling strategies, with a current implied volatility of about 56%. Read IV Rank alongside the catalyst score: it says how expensive INCY options are, while the score says whether that price is justified by a scheduled event.
INCY 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.
INCYTE CORP (INCY) current implied volatility and IV Rank
INCY is trading at an IV Rank of 88 with implied volatility around 56%, alongside a TickerRisk options-risk score of 100/100. That sits near the top of its own 12-month range, so the chain is pricing richly. Sellers are being paid well here — but rich premium and a scheduled event usually arrive together, so check the catalyst list before writing anything.
IV Rank is an index, not a percentage — it says where INCY's implied volatility sits inside its own 1-year range. How to read IV Rank →
INCYTE CORP (INCY) next earnings date — 2026-10-29
INCYTE CORP (INCY) reports earnings on 2026-10-29 — about 7 days away, which falls inside a typical options expiry window. INCY's IV Rank is currently 88. 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.
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