XLK volatility State Street Technology Select Sector SPDR ETF
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.21.7%
HV20How much the stock actually moved, measured from daily closing prices over a past window (annualized). Compare with implied volatility to see what the options market priced versus what happened.20.9%
HV6032.3%
IV − HV20 spread
+0.8pt
Universe percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history).
16
Own-history percentileWhere today's IV30 sits versus its own daily history — 80 means higher than roughly 80% of recorded observations for that period.
3/60 days recorded
Cboe delayed options data · as of 13:03 UTC · How these are computed
IV term structure
At-the-money implied volatility for each listed expiration, plotted by days remaining.
| Expires | DTE | ATM IV | 25Δ skewThe IV gap between 25-delta puts and 25-delta calls for one expiration. Positive skew means downside protection is priced richer than upside exposure. | Implied move |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | 27.1% | +2.3pt | ±1.6% |
| Sep 11, 2026 | 8 | 20.7% | +1.6pt | ±2.6% |
| Sep 18, 2026 | 15 | 23.2% | +3.8pt | ±3.9% |
| Sep 25, 2026 | 22 | 24.4% | +2.6pt | ±4.9% |
| Oct 02, 2026 | 29 | 21.2% | +2.3pt | ±4.9% |
| Oct 09, 2026 | 36 | 24.1% | +4.3pt | ±6.2% |
| Oct 16, 2026 | 43 | 25.4% | +3.6pt | ±7.1% |
| Oct 23, 2026 | 50 | — | — | — |
| Nov 20, 2026 | 78 | 26.1% | +4.7pt | ±9.8% |
| Dec 18, 2026 | 106 | 27.2% | +4.0pt | ±11.8% |
| Jan 15, 2027 | 134 | 26.3% | +4.5pt | ±12.9% |
| Mar 19, 2027 | 197 | 26.8% | +4.5pt | ±15.9% |
| Apr 16, 2027 | 225 | 26.7% | +3.9pt | ±16.9% |
| Jun 17, 2027 | 287 | 27.2% | +4.5pt | ±19.5% |
| Sep 17, 2027 | 379 | 27.9% | +4.4pt | ±22.9% |
| Dec 17, 2027 | 470 | 29.0% | +5.2pt | ±26.4% |
Volatility smile — Sep 18, 2026
Implied volatility by strike. The tilt toward puts (left side higher) is the skew: downside protection priced richer than upside.
callsputs
Implied vs realized, daily record
IV30HV20