State Street SPDR S&P Pharmaceuticals ETF

XPHAMEX · USD
66.09USD0.00 (-0.47%)

State Street SPDR S&P Pharmaceuticals ETF (XPH) Implied Volatility Current

XPH implied volatility is 29%. IV Rank is 86%, placing current premiums in the top of their 52-week range.

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Tracking XPH implied volatility helps you identify when options premiums on State Street SPDR S&P Pharmaceuticals ETF are historically cheap or expensive, and where the best trades are hiding. State Street SPDR S&P Pharmaceuticals ETF implied volatility reflects the market's expectation of future price movement: when XPH IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor State Street SPDR S&P Pharmaceuticals ETF's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For XPH, tracking metrics like XPH IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on XPH signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

The State Street SPDR S&P Pharmaceuticals ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Pharmaceuticals Select Industry Index (the "Index")Seeks to provide exposure to the pharmaceuticals segment of the S&P TMI, which comprises the Pharmaceuticals sub-industrySeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where XPH implied volatility sits today versus where it has been. Our scanner ranks State Street SPDR S&P Pharmaceuticals ETF implied volatility against its historical range, surfaces extremes in XPH IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether State Street SPDR S&P Pharmaceuticals ETF IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
85.71%IV Rank
High

IV is near its yearly peak - premiums are expensive, favoring sellers.

Implied Volatility (30d)28.85%

IV Rank85.71%

Historical Volatility (30d)23.93%

IV - HV+4.92%

As of September 25, 2026

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Track XPH IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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