Organon & Co. (OGN) Options Statistics & Positioning

Organon & Co. (OGN) options trade at a 30-day at-the-money implied volatility of 134.7%, an IV rank of 35 out of 100 over the past year. The options market prices a ±$2.52 (±18.7%) move in OGN for the front expiration. Max pain sits at $11 and the put/call open interest ratio is 0.97. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

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

Last close

$13.50

52-week range

$5.84 – $13.55

ATM IV (30d)

134.7%

IV rank

35 / 100

Low

Expected move

±$2.52 (±18.7%)

Put/call OI

0.97

Max pain

$11

↓ 18.5% below close

Next earnings

Aug 9, 2026

Most Active OGN Contracts

Contract	Expiration	DTE	Last	IV	Volume
OGN $14 put	Jul 17, 2026	7d	$0.45	0.0%	20
OGN $11 put	Dec 18, 2026	161d	$0.25	48.8%	6
OGN $13 call	Jul 17, 2026	7d	$0.40	34.6%	2
OGN $12.5 call	Dec 18, 2026	161d	$1.30	71.2%	2
OGN $12 call	Mar 19, 2027	252d	$2.00	24.8%	1

See all active OGN contracts →

Explore OGN Options Statistics

OGN Implied Volatility

134.7% ATM IV (30d)

An IV rank of 35 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

OGN Open Interest

0.97 put/call OI ratio

65,670 calls and 63,544 puts outstanding across all expirations.

Full open interest analysis →

OGN Max Pain

$11 max pain

18.5% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

OGN Gamma Exposure

$302.36M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

OGN Options Volume

31 contracts traded

Put/call volume ratio 5.20 — plus contracts running far above their usual volume.

Full volume & flow analysis →

OGN Most Active Options

$14 top volume strike

The 25 most actively traded OGN contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

OGN's next expected earnings date is Aug 9, 2026. Options currently price a ±$2.52 (±18.7%) move for the front expiration.

Explore the payoff profile of option on OGN for free

Build multi-leg OGN strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open OGN in the platform Scan options

OGN Options FAQ

When is OGN's next earnings date?

OGN's next expected earnings date is Aug 9, 2026. Options currently price a ±$2.52 (±18.7%) move for the front expiration.

How often is OGN options data on this page updated?

All OGN statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see OGN max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated OGN pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

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.