GLOBAL PARTNERS LP (GLP) Implied Volatility

GLOBAL PARTNERS LP (GLP) options trade at a 30-day at-the-money implied volatility of 75.7%, an IV rank of 73 out of 100 over the past year. This page breaks down GLP's implied volatility in plain English: where it sits versus its own history, how it compares with realized movement, and what the term structure and skew are saying.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$48.70
52-week range
$40.10 – $53.24
ATM IV (30d)
75.7%
IV rank
73 / 100
High
Expected move
±$5.11 (±10.5%)
Put/call OI
0.64
Call-heavy
Max pain
$45
↓ 7.6% below close
Next earnings
Aug 6, 2026

Implied Volatility & Expected Move

22%36%50%64%78%Jan '26Apr '26Jul '26

GLP 30-day at-the-money implied volatility, past year.

ATM IV — front expiration75.7%
ATM IV — 2 month51.3%
ATM IV — 3 month43.0%
IV rank (1 year)73 / 100
IV percentile (1 year)97%
Expected move (front expiration)±$5.11 (±10.5%)
Historical volatility — 10 day65.5%
Historical volatility — 21 day167.3%
Historical volatility — 30 day141.0%
Historical volatility — 60 day118.9%
IV / HV ratio0.54
Term slope (front − 3M)+32.7 pts

An IV rank of 73 places current implied volatility near the top of its 52-week range. With an IV/HV ratio of 0.54, options currently price in less movement than the stock has recently realized. The term structure is in backwardation — front-month IV exceeds 3-month IV, a pattern often seen around near-term events.

GLP IV Rank History

0285583110Feb '26May '26Jul '26

GLP IV rank (0–100), past year.

IV rank has risen from 22 in Feb '26 to 73 today. An IV percentile of 97% means implied volatility was lower than today on 97% of trading days in the past year.

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GLP Options FAQ

What is the implied volatility of GLP options?

GLP options trade at a 30-day at-the-money implied volatility of 75.7% as of Jul 10, 2026. That is an IV rank of 73 out of 100, meaning implied volatility is elevated relative to its own 52-week range.

Is GLP implied volatility high or low right now?

By its own 52-week standards, GLP implied volatility is currently high: IV rank is 73 out of 100 as of Jul 10, 2026. Compared with realized movement, the IV/HV ratio of 0.54 shows options pricing less movement than the stock has recently delivered.

What move do GLP options imply before the next expiration?

Front-expiration GLP options imply a one-standard-deviation move of ±$5.11 (±10.5%) as of Jul 10, 2026, derived from at-the-money option prices.

What is the difference between GLP's IV rank and IV percentile?

IV rank (currently 73) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 97%) counts the share of trading days in the past year with lower implied volatility than today. Percentile is less distorted by one-off volatility spikes.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.