TSM Implied Volatility
TSM $424.37 · Updated Oct 26, 4:00 PM ET
TSM at-the-money implied volatility is 44.5% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 36.3%. 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 | 425 | 44.5% |
| Nov 6, 2026 | 11 | 425 | 39.2% |
| Nov 13, 2026 | 18 | 425 | 38.3% |
| Nov 20, 2026 | 25 | 425 | 37.7% |
| Nov 27, 2026 | 32 | 425 | 36.3% |
| Dec 4, 2026 | 39 | 425 | 36.0% |
| Dec 18, 2026 | 53 | 420 | 35.6% |
| Jan 15, 2027 | 81 | 420 | 37.6% |
| Feb 19, 2027 | 116 | 420 | 37.0% |
| Mar 19, 2027 | 144 | 420 | 37.1% |
| Apr 16, 2027 | 172 | 420 | 37.6% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 405 | 53.5% | 46.3% |
| 407.5 | 57.8% | 45.6% |
| 410 | 49.9% | 45.1% |
| 412.5 | 48.8% | 44.9% |
| 415 | 48.5% | 43.6% |
| 417.5 | 47.9% | 44.4% |
| 420 | 47.0% | 43.9% |
| 422.5 | 46.3% | 43.3% |
| 425 | 45.7% | 43.3% |
| 427.5 | 45.4% | 43.2% |
| 430 | 44.9% | 42.9% |
| 432.5 | 44.5% | 43.7% |
| 435 | 43.7% | 42.9% |
| 437.5 | 43.3% | 42.6% |
| 440 | 43.0% | 43.4% |
| 442.5 | 42.9% | 45.6% |
| 445 | 42.5% | 47.1% |
How this is calculated: Implied Volatility methodology