T Implied Volatility
T $20.86 · Updated Oct 26, 4:00 PM ET
T at-the-money implied volatility is 33.5% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 27.7%. 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 | 21 | 33.5% |
| Nov 6, 2026 | 11 | 21 | 30.5% |
| Nov 13, 2026 | 18 | 21 | 28.3% |
| Nov 20, 2026 | 25 | 21 | 28.1% |
| Nov 27, 2026 | 32 | 21 | 27.7% |
| Dec 4, 2026 | 39 | 21 | 26.2% |
| Dec 18, 2026 | 53 | 21 | 27.6% |
| Jan 15, 2027 | 81 | 21 | 27.9% |
| Mar 19, 2027 | 144 | 21 | 29.2% |
| Apr 16, 2027 | 172 | 21 | 28.4% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 14 | 172.9% | 151.2% |
| 15 | 229.1% | 127.3% |
| 16 | 192.9% | 104.6% |
| 17 | 0.0% | 83.0% |
| 18 | 0.0% | 62.1% |
| 19 | 31.8% | 41.8% |
| 20 | 0.0% | 37.9% |
| 20.5 | 34.3% | 34.9% |
| 21 | 32.8% | 34.2% |
| 21.5 | 34.0% | 37.1% |
| 22 | 34.6% | 34.4% |
| 22.5 | 38.2% | 47.2% |
| 23 | 47.2% | 72.1% |
| 23.5 | 50.6% | 67.2% |
| 24 | 58.2% | 87.3% |
| 24.5 | 65.5% | 0.0% |
| 25 | 72.6% | 162.1% |
How this is calculated: Implied Volatility methodology