IBM Implied Volatility
IBM $253.44 · Updated Oct 26, 4:00 PM ET
IBM at-the-money implied volatility is 41.0% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 36.4%. 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 | 41.0% |
| Nov 6, 2026 | 11 | 252.5 | 41.0% |
| Nov 13, 2026 | 18 | 255 | 40.7% |
| Nov 20, 2026 | 25 | 252.5 | 36.5% |
| Nov 27, 2026 | 32 | 255 | 36.4% |
| Dec 4, 2026 | 39 | 250 | 36.7% |
| Dec 18, 2026 | 53 | 255 | 36.0% |
| Jan 15, 2027 | 81 | 255 | 33.9% |
| Feb 19, 2027 | 116 | 255 | 37.5% |
| Mar 19, 2027 | 144 | 255 | 36.5% |
| Apr 16, 2027 | 172 | 255 | 36.4% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 232.5 | 76.8% | 47.4% |
| 235 | 60.1% | 46.2% |
| 237.5 | 67.2% | 45.7% |
| 240 | 53.5% | 44.0% |
| 242.5 | 50.2% | 44.0% |
| 245 | 46.1% | 42.3% |
| 247.5 | 44.9% | 46.4% |
| 250 | 42.5% | 41.9% |
| 252.5 | 41.3% | 40.7% |
| 255 | 40.8% | 51.2% |
| 257.5 | 40.2% | 48.5% |
| 260 | 40.7% | 54.0% |
| 262.5 | 40.5% | 62.9% |
| 265 | 40.7% | 63.0% |
| 267.5 | 41.5% | n/a |
| 270 | 42.3% | 55.9% |
| 272.5 | 43.4% | 70.8% |
How this is calculated: Implied Volatility methodology