LLY Implied Volatility
LLY $1,279.14 · Updated Oct 26, 4:00 PM ET
LLY at-the-money implied volatility is 75.6% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 42.3%. 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 | 1280 | 75.6% |
| Nov 6, 2026 | 11 | 1280 | 52.7% |
| Nov 13, 2026 | 18 | 1280 | 50.1% |
| Nov 20, 2026 | 25 | 1280 | 44.0% |
| Nov 27, 2026 | 32 | 1280 | 42.3% |
| Dec 4, 2026 | 39 | 1300 | 40.8% |
| Dec 18, 2026 | 53 | 1280 | 39.3% |
| Jan 15, 2027 | 81 | 1280 | 37.4% |
| Feb 19, 2027 | 116 | 1280 | 39.8% |
| Mar 19, 2027 | 144 | 1280 | 38.8% |
| Apr 16, 2027 | 172 | 1280 | 38.2% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 1260 | 74.5% | 77.4% |
| 1262.5 | 73.5% | 76.1% |
| 1265 | 75.5% | 74.3% |
| 1267.5 | 76.2% | 74.8% |
| 1270 | 74.2% | 73.9% |
| 1272.5 | 74.1% | 74.8% |
| 1275 | 76.5% | 76.5% |
| 1277.5 | 80.6% | 74.9% |
| 1280 | 78.6% | 72.6% |
| 1282.5 | 76.1% | 74.4% |
| 1285 | 75.7% | 74.9% |
| 1290 | 72.8% | 77.5% |
| 1295 | 74.2% | 75.0% |
| 1300 | 76.1% | 72.8% |
| 1305 | 73.9% | 74.6% |
| 1310 | 75.5% | 74.3% |
| 1315 | 75.8% | 74.2% |
How this is calculated: Implied Volatility methodology