T Implied Volatility
T $20.85 · Updated Oct 26, 4:00 PM ET
T at-the-money implied volatility is 37.7% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 35.5%. 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 30, 2026 | 4 | 21 | 37.7% |
| Nov 6, 2026 | 11 | 21 | 34.6% |
| Nov 13, 2026 | 18 | 21 | 35.4% |
| Nov 20, 2026 | 25 | 21 | 30.6% |
| Nov 27, 2026 | 32 | 21 | 35.5% |
| Dec 4, 2026 | 39 | 21 | 37.9% |
| Dec 18, 2026 | 53 | 21 | 28.9% |
| Jan 15, 2027 | 81 | 21 | 30.6% |
| Mar 19, 2027 | 144 | 21 | 29.6% |
| Apr 16, 2027 | 172 | 21 | 31.7% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 13 | n/a | 175.0% |
| 15 | 232.8% | 125.0% |
| 16 | 196.5% | 172.7% |
| 17 | 50.0% | 81.3% |
| 18 | 170.9% | 62.5% |
| 19 | 50.0% | 46.9% |
| 20 | 48.4% | 39.5% |
| 20.5 | 40.2% | 37.7% |
| 21 | 37.7% | 37.7% |
| 21.5 | 35.5% | 52.5% |
| 22 | 36.7% | 52.0% |
| 22.5 | 43.8% | 67.6% |
| 23 | 53.9% | 70.7% |
| 23.5 | 50.0% | 65.6% |
| 24 | 59.4% | 85.9% |
| 24.5 | 65.6% | 153.5% |
| 25 | 71.9% | 160.9% |
How this is calculated: Implied Volatility methodology