What is NVO's IV rank?

At the last close, NVO's IV rank was 1 with 30-day implied volatility of 27.7%. IV sits 1% of the way from its one-year low to its one-year high. Its IV percentile was 0: IV is at or below every reading of the past year.

What is the expected move for NVO?

Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $2.92 (7.0%), a range of $38.71 to $44.55. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.

Which option screens have trades on NVO?

At the last close, these OptionClaws preset screens had passing trades on NVO: Long Call Butterflies for Pinning (40), Bear Put Spreads Below the 200-Day (39), Cash-Secured Put Entries on Mega Caps (20), Iron Condor, 2-ATR Profit Zone (14), Married Put Protection (4). Open a screen in the app to see the individual trades, refreshed intraday.

Is NVO option volume above average?

At the last close, NVO option volume was 0.9x its average, close to normal.

NVO options: IV rank, expected move and trade screens

Novo Nordisk A S · Healthcare

In the app, stock prices are live and options data is refreshed intraday.

NVO last closed at $41.63 with 30-day implied volatility of 27.7%. That is near the bottom of its one-year range (IV rank 1), so options on NVO are cheap compared with its own recent history. Measured by IV percentile, IV is at or below every reading of the past year. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $2.92, or 7.0%.

The price is above its 50-day moving average (+3.3%) but still below its 200-day (-3.8%). It is 34.9% below its 52-week high and 18.0% above its 52-week low. The 14-day RSI of 57.8 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $1.08, about 2.6% of the price, a measure of a typical day's range.

Option volume at the close (38.5K contracts) was 0.9x its average, close to normal. A beta of 0.96 means NVO has tended to move about 1.0 times as much as the broad market. 5 of our preset screens found trades on NVO at the close, led by Long Call Butterflies for Pinning with 40 trades.

NVO stats at the close

Price: $41.63; Market cap $185B
Implied volatility: 27.7%; 30-day, at the money
IV rank: 1; IV sits 1% of the way from its one-year low to its one-year high.
IV percentile: 0; IV is at or below every reading of the past year.
ATR (14-day): $1.08; 2.6% of the price on a typical day
RSI (14-day): 57.8; Between 30 and 70, neutral
52-week range: -34.9% from high; +18.0% from the 52-week low
Moving averages: +3.3% vs 50-day; -3.8% vs the 200-day
Beta: 0.96; Sensitivity to the broad market
Option volume: 0.9x avg; 38.5K contracts vs 41.7K average

NVO expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

Expiration	IV	Expected move	1 SD range	Straddle
Nov 20, 20267 days	32.3%	±$1.86 (4.5%)	$39.77 to $43.49	$1.49
Dec 11, 202628 days	25.3%	±$2.92 (7.0%)	$38.71 to $44.55	$2.34
Jan 15, 202763 days	32.1%	±$5.56 (13.3%)	$36.07 to $47.19	$4.48

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for NVO from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

Long Call Butterflies for Pinning

Call Butterfly

40 trades pass on NVO

Return on risk: 101.0% to 1,000%+
Probability of profit: 14.2% to 79.7%

Butterfly spread screener

Bear Put Spreads Below the 200-Day

Bear Put Spread

39 trades pass on NVO

Return on risk: 25.0% to 475.5%
Probability of profit: 30.6% to 73.9%

Bear put spread screener

Cash-Secured Put Entries on Mega Caps

Cash-Secured Put

20 trades pass on NVO

Annualized return: 3.3% to 25.0%
Probability of profit: 76.6% to 98.1%

Cash-secured put screener

Iron Condor, 2-ATR Profit Zone

Iron Condor

14 trades pass on NVO

Return on risk: 24.6% to 66.7%
Probability of profit: 74.0% to 91.0%

Iron condor scanner

Married Put Protection

Married Put

4 trades pass on NVO

Probability of profit: 36.7% to 43.3%

Married put screener

NVO options FAQ

What is NVO's IV rank?: At the last close, NVO's IV rank was 1 with 30-day implied volatility of 27.7%. IV sits 1% of the way from its one-year low to its one-year high. Its IV percentile was 0: IV is at or below every reading of the past year.
What is the expected move for NVO?: Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $2.92 (7.0%), a range of $38.71 to $44.55. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on NVO?: At the last close, these OptionClaws preset screens had passing trades on NVO: Long Call Butterflies for Pinning (40), Bear Put Spreads Below the 200-Day (39), Cash-Secured Put Entries on Mega Caps (20), Iron Condor, 2-ATR Profit Zone (14), Married Put Protection (4). Open a screen in the app to see the individual trades, refreshed intraday.
Is NVO option volume above average?: At the last close, NVO option volume was 0.9x its average, close to normal.

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Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.