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Nasdaq-100 Index (NDX · index)

Overview · Option chain · Volatility · Expected-move history

Price (delayed) 29,482.32 +1.16%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Oct 16 ±4.8%
Expected range 28,053.1230,911.52
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.16.9%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 6/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.91
P/C open interest1.23

Cboe delayed options data · as of 21:03 UTC · Figures derived from the full chain (14.6K contracts, 47 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Oct 16, 2026 (43 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

28,05330,91229,482 current

Options are pricing a move of about ±4.8% (range 28,053.12–30,911.52) by Oct 16, 2026. ATM straddle: 1,429.20 @ strike 29,475 · ATM IV: 17.7%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

29,48228,05330,912
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
26,534.09 -10% 95.5% 4.5%
28,008.20 -5% 79.2% 20.8%
29,482.32 -0% 48.8% 51.2%
30,956.44 +5% 20.3% 79.7%
32,430.55 +10% 5.5% 94.5%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Oct 16, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 03, 2026 0 ±0.0% 156.6% 5,697
Sep 04, 2026 1 ±0.7% 16.2% 12.1K
Sep 08, 2026 5 ±1.0% 10.9% 2,318
Sep 09, 2026 6 ±1.2% 12.0% 1,460
Sep 10, 2026 7 ±1.4% 13.0% 1,293
Sep 11, 2026 8 ±1.7% 14.4% 2,342
Sep 14, 2026 11 ±1.9% 13.6% 3,526
Sep 15, 2026 12 ±2.0% 14.1% 551
Sep 16, 2026 13 ±2.3% 15.3% 553
Sep 17, 2026 14 ±2.5% 15.8% 362
Sep 18, 2026 15 ±2.6% 16.2% 5,065
Sep 21, 2026 18 ±2.8% 15.7% 1,367

Open interest by strike — Oct 16

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

22,60025,70027,32528,05028,75029,37530,07530,72531,35029,482
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 22,500 P · 2,74720,000 P · 2,61925,000 P · 1,45729,975 C · 1,30030,425 C · 1,287

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

10%62%114%166%0d29d197d

When does open interest expire?

16%This week19%This month58%Later

Implied vs realized volatility

12.6%14.6%16.7%18.7%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Of 3 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 66.7% of the time.

Related securities — Index

SPX · IV 11.6%VIX · IV 79.6%RUT · IV 16.6%

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP