IBM Implied Volatility
IBM $252.57 · Updated Oct 26, 4:00 PM ET
IBM at-the-money implied volatility is 38.0% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 32.5%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
TERM STRUCTURE (ATM IV)
| Expiration | DTE | ATM strike | ATM IV |
|---|---|---|---|
| Oct 30, 2026 | 4 | 252.5 | 38.0% |
| Nov 6, 2026 | 11 | 252.5 | 34.8% |
| Nov 13, 2026 | 18 | 255 | 35.6% |
| Nov 20, 2026 | 25 | 252.5 | 34.0% |
| Nov 27, 2026 | 32 | 255 | 32.5% |
| Dec 4, 2026 | 39 | 255 | 32.7% |
| Dec 18, 2026 | 53 | 255 | 33.3% |
| Jan 15, 2027 | 81 | 255 | 32.2% |
| Feb 19, 2027 | 116 | 255 | 35.6% |
| Mar 19, 2027 | 144 | 255 | 35.2% |
| Apr 16, 2027 | 172 | 255 | 34.8% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 232.5 | 0.0% | 46.0% |
| 235 | 0.0% | 44.6% |
| 237.5 | 39.9% | 43.8% |
| 240 | 27.6% | 42.8% |
| 242.5 | 30.1% | 42.5% |
| 245 | 33.1% | 41.3% |
| 247.5 | 33.6% | 42.7% |
| 250 | 36.4% | 40.6% |
| 252.5 | 36.2% | 39.9% |
| 255 | 37.8% | 45.0% |
| 257.5 | 38.8% | 42.8% |
| 260 | 38.7% | 45.1% |
| 262.5 | 38.8% | 49.7% |
| 265 | 39.3% | 48.2% |
| 267.5 | 39.1% | 48.2% |
| 270 | 40.9% | 57.4% |
| 272.5 | 41.3% | 48.2% |
How this is calculated: Implied Volatility methodology