VIX Implied Volatility
VIX $18.39 · Updated Oct 26, 4:00 PM ET
VIX at-the-money implied volatility is 168.9% for Oct 28, 2026 (2 days out). For Nov 24, 2026 it is 85.5%. 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 28, 2026 | 2 | 18 | 168.9% |
| Nov 4, 2026 | 9 | 18 | 98.7% |
| Nov 11, 2026 | 16 | 18 | 94.0% |
| Nov 18, 2026 | 23 | 18.5 | 90.1% |
| Nov 24, 2026 | 29 | 18 | 85.5% |
| Dec 16, 2026 | 51 | 18.5 | 80.5% |
| Jan 20, 2027 | 86 | 18 | 65.9% |
| Feb 17, 2027 | 114 | 18 | 61.0% |
| Mar 17, 2027 | 142 | 18 | 57.5% |
| Apr 21, 2027 | 177 | 18 | 52.8% |
SKEW, OCT 28, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 12.5 | 0.0% | 262.8% |
| 13 | 0.0% | 240.7% |
| 13.5 | 0.0% | 219.3% |
| 14 | 0.0% | 229.2% |
| 14.5 | 0.0% | 206.6% |
| 15 | 0.0% | 159.0% |
| 16 | 0.0% | 154.6% |
| 17 | 0.0% | 165.9% |
| 18 | 0.0% | 168.9% |
| 19 | 69.8% | 242.9% |
| 20 | 118.2% | 299.1% |
| 21 | 142.1% | 347.8% |
| 22 | 168.7% | 397.5% |
| 23 | 190.9% | 438.6% |
| 24 | 210.6% | 463.3% |
| 25 | 235.9% | 526.9% |
| 26 | 253.8% | 565.7% |
How this is calculated: Implied Volatility methodology