SPDR S&P 500 ETF Trust
SPDR S&P 500 ETF Trust (SPY) Implied Volatility Current
SPY's 30 day implied volatility is 21.72%, with an IV Rank of 94.05%. This is a high IV Rank versus the past year, meaning SPDR S&P 500 ETF Trust options are relatively expensive and currently favor sellers. SPY's 30 day historical volatility sits at 17.32%, which means implied volatility is running 4.40 points above historical volatility, as of Nov 5, 2026.
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Tracking SPY implied volatility helps you spot when SPDR S&P 500 ETF Trust options are historically cheap or expensive, and where the best trades are hiding. When SPY IV rises, premiums increase and sellers get more attractive pricing, and when it drops, buyers find cheaper contracts. Use our scanner to monitor SPY implied volatility current levels in real time and filter for high probability trades.
Implied volatility is derived from option prices and represents the annualized expected move of a stock. Tracking SPY IV rank helps you see whether SPY's implied volatility is historically high or low, since IV rank compares today's reading against the past year's range. A high rank signals relatively expensive premiums and tends to favor sellers, a low rank signals relatively cheap premiums and tends to favor buyers.
The State Street SPDR S&P 500 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the “Index”)The S&P 500 Index is a diversified large cap U.S. index that holds companies across all eleven GICS sectorsLaunched in January 1993, SPY was the very first exchange traded fund listed in the United States
Implied Volatility
IV is highly elevated. Premiums are expensive, strongly favoring sellers.
As of Nov 5, 2026
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