MS Implied Volatility
MS $183.49 · Updated Oct 26, 4:00 PM ET
MS at-the-money implied volatility is 42.2% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 32.4%. 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 | 182.5 | 42.2% |
| Nov 6, 2026 | 11 | 182.5 | 37.0% |
| Nov 13, 2026 | 18 | 185 | 34.9% |
| Nov 20, 2026 | 25 | 182.5 | 34.0% |
| Nov 27, 2026 | 32 | 185 | 32.4% |
| Dec 4, 2026 | 39 | 180 | 35.3% |
| Dec 18, 2026 | 53 | 185 | 30.6% |
| Jan 15, 2027 | 81 | 185 | 31.8% |
| Mar 19, 2027 | 144 | 185 | 31.3% |
| Apr 16, 2027 | 172 | 185 | 31.4% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 162.5 | n/a | 52.3% |
| 165 | 83.0% | 51.9% |
| 167.5 | n/a | 49.2% |
| 170 | 63.6% | 46.7% |
| 172.5 | 54.2% | 45.2% |
| 175 | 66.0% | 43.3% |
| 177.5 | 61.8% | 43.2% |
| 180 | 43.0% | 44.1% |
| 182.5 | 40.3% | 44.1% |
| 185 | 36.0% | 46.7% |
| 187.5 | 34.3% | 50.0% |
| 190 | 35.9% | 53.3% |
| 192.5 | 35.4% | 68.7% |
| 195 | 35.5% | 56.7% |
| 197.5 | 37.6% | 78.6% |
| 200 | 36.3% | 62.2% |
| 202.5 | 35.9% | 59.5% |
How this is calculated: Implied Volatility methodology