MS Implied Volatility
MS $184.89 · Updated Oct 26, 4:00 PM ET
MS at-the-money implied volatility is 34.4% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 30.6%. 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 | 185 | 34.4% |
| Nov 6, 2026 | 11 | 185 | 32.3% |
| Nov 13, 2026 | 18 | 185 | 31.9% |
| Nov 20, 2026 | 25 | 185 | 30.8% |
| Nov 27, 2026 | 32 | 185 | 30.6% |
| Dec 4, 2026 | 39 | 185 | 31.0% |
| Dec 18, 2026 | 53 | 185 | 29.8% |
| Jan 15, 2027 | 81 | 185 | 30.6% |
| Mar 19, 2027 | 144 | 185 | 29.8% |
| Apr 16, 2027 | 172 | 185 | 30.6% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 165 | 85.9% | 44.6% |
| 167.5 | 70.2% | 43.2% |
| 170 | 66.0% | 42.1% |
| 172.5 | 56.5% | 38.7% |
| 175 | 50.6% | 37.6% |
| 177.5 | 48.1% | 35.5% |
| 180 | 32.6% | 36.7% |
| 182.5 | 36.9% | 32.4% |
| 185 | 35.2% | 33.6% |
| 187.5 | 33.8% | 29.6% |
| 190 | 33.5% | 0.0% |
| 192.5 | 34.6% | 0.0% |
| 195 | 35.7% | 0.0% |
| 197.5 | 35.4% | 0.0% |
| 200 | 37.3% | 0.0% |
| 202.5 | 35.1% | 0.0% |
| 205 | 46.0% | 0.0% |
How this is calculated: Implied Volatility methodology