A volatilidade implícita é a expectativa de movimento já precificada pelo mercado; a volatilidade realizada é o que realmente aconteceu. Este painel classifica o universo coberto em ambas, e na diferença entre elas. O que é IV? · Metodologia
VIX (Cboe Volatility Index): 18.70 · Cboe delayed options data · em 09:45 UTC
Maior IV30
| Ativo | IV30 | HV20 | Variação implícita | |
|---|---|---|---|---|
 UVXY ProShares - Ultra VIX Sho… |
140.0% | 55.6% | ±40.1% | |
 SOXS Direxion Daily Semiconduc… |
128.5% | 111.7% | ±36.8% | |
 SOXL Direxion Daily Semiconduc… |
123.7% | 111.3% | ±35.5% | |
 LCID Lucid Group, Inc. |
118.6% | 70.2% | ±34.0% | |
 MRNA Moderna, Inc. |
109.7% | 92.1% | ±31.5% | |
 RIOT Riot Platforms, Inc. |
95.6% | 67.4% | ±27.4% | |
 MARA Marathon Digital Holdings, Inc. |
93.7% | 52.2% | ±26.9% | |
 VXX iPath Series B S&P 500 VI… |
93.1% | 37.4% | ±26.7% | |
 RUN Sunrun Inc. |
91.5% | 55.0% | ±26.2% | |
 AMC AMC Entertainment Holding… |
90.8% | 75.6% | ±26.0% | |
 CLSK CleanSpark, Inc. |
90.1% | 58.7% | ±25.8% | |
| VIX Cboe Volatility Index | 89.5% | 95.6% | ±25.6% | |
 HIMS Hims & Hers Health, Inc. |
89.0% | 68.7% | ±25.5% | |
 SMR NuScale Power Corporation |
88.0% | 66.7% | ±25.2% | |
 SMCI Super Micro Computer, Inc. |
87.8% | 64.9% | ±25.2% | |
 SNAP Snap Inc. |
84.9% | 58.1% | ±24.3% | |
 TTD The Trade Desk, Inc. |
82.7% | 47.4% | ±23.7% | |
 IONQ IonQ, Inc. |
82.0% | 79.0% | ±23.5% | |
 OKLO Oklo Inc. |
81.3% | 65.6% | ±23.3% | |
 PLUG Plug Power Inc. |
80.6% | 49.5% | ±23.1% |
Menor IV30
| Ativo | IV30 | HV20 | Variação implícita | |
|---|---|---|---|---|
 HYG iShares iBoxx $ High Yiel… |
5.9% | 4.5% | ±1.7% | |
 IEF iShares 7-10 Year Treasur… |
7.6% | 6.2% | ±2.2% | |
 LQD iShares iBoxx $ Investmen… |
8.4% | 6.8% | ±2.4% | |
 DIA State Street SPDR Dow Jon… |
14.1% | 9.4% | ±4.1% | |
 TLT iShares 20+ Year Treasury… |
14.4% | 11.3% | ±4.1% | |
| SPX S&P 500 Index | 14.5% | 10.5% | ±4.2% | |
 EFA iShares MSCI EAFE ETF |
15.4% | 12.3% | ±4.4% | |
 XLP State Street Consumer Sta… |
17.2% | 15.5% | ±4.9% | |
 XLU State Street Utilities Se… |
18.2% | 16.5% | ±5.2% | |
 O Realty Income Corporation |
18.2% | 15.4% | ±5.2% | |
 XLV State Street Health Care … |
18.5% | 16.4% | ±5.3% | |
 XLY State Street Consumer Dis… |
19.1% | 13.7% | ±5.5% | |
 COST Costco Wholesale Corporation |
19.2% | 17.0% | ±5.5% | |
| RUT Russell 2000 Index | 19.8% | 14.4% | ±5.7% | |
 XLI State Street Industrial S… |
20.2% | 13.1% | ±5.8% | |
 FXI iShares China Large-Cap ETF |
21.1% | 19.1% | ±6.0% | |
 SO The Southern Company |
21.5% | 16.2% | ±6.2% | |
 PG The Procter & Gamble Company |
21.7% | 18.5% | ±6.2% | |
 PEP PepsiCo, Inc. |
21.7% | 22.0% | ±6.2% | |
 KO The Coca-Cola Company |
21.8% | 17.4% | ±6.2% |
IV mais acima da realizada
As opções estão a precificar um movimento muito superior ao que a ação registou recentemente. A diferença é o IV30 menos o HV20, em pontos de volatilidade — uma lacuna descritiva, não um sinal.
| Ativo | IV30 | HV20 | Spread |
|---|---|---|---|
| UVXY ProShares - Ultra VIX Sho… |
140.0% | 55.6% | +84.4pt |
| VXX iPath Series B S&P 500 VI… |
93.1% | 37.4% | +55.7pt |
| LCID Lucid Group, Inc. |
118.6% | 70.2% | +48.4pt |
| MARA Marathon Digital Holdings, Inc. |
93.7% | 52.2% | +41.6pt |
 LYFT Lyft, Inc. |
62.2% | 25.4% | +36.8pt |
| RUN Sunrun Inc. |
91.5% | 55.0% | +36.6pt |
| TTD The Trade Desk, Inc. |
82.7% | 47.4% | +35.3pt |
 CZR Caesars Entertainment, Inc. |
38.3% | 6.2% | +32.0pt |
| CLSK CleanSpark, Inc. |
90.1% | 58.7% | +31.5pt |
| PLUG Plug Power Inc. |
80.6% | 49.5% | +31.1pt |
 CAVA CAVA Group, Inc. |
71.9% | 40.8% | +31.1pt |
 RIVN Rivian Automotive, Inc. |
64.2% | 33.6% | +30.6pt |
IV mais abaixo da realizada
| Ativo | IV30 | HV20 | Spread |
|---|---|---|---|
 MDB MongoDB, Inc. |
64.1% | 90.5% | -26.3pt |
 TMUS T-Mobile US, Inc. |
37.9% | 56.4% | -18.5pt |
 T AT&T Inc. |
28.2% | 44.6% | -16.4pt |
 VZ Verizon Communications Inc. |
28.2% | 43.5% | -15.3pt |
 ARM Arm Holdings plc American… |
76.7% | 91.3% | -14.6pt |
 CCL Carnival Corporation & plc |
41.1% | 53.0% | -11.9pt |
 CEG Constellation Energy Corp… |
48.4% | 59.1% | -10.7pt |
 NU Nu Holdings Ltd. |
62.5% | 70.8% | -8.4pt |
 ZS Zscaler, Inc. |
56.8% | 63.9% | -7.1pt |
| VIX Cboe Volatility Index | 89.5% | 95.6% | -6.1pt |
 VST Vistra Corp. |
53.0% | 58.1% | -5.2pt |
 SLV iShares Silver Trust |
35.3% | 40.0% | -4.7pt |
Skew 25Δ mais acentuado (vencimentos de 20 a 45 dias)
O skew compara a IV de puts e calls fora do dinheiro. Um skew positivo acentuado significa que a proteção contra quedas está sendo precificada com prêmio muito maior do que a exposição a altas.
| Ativo | Expiração | Skew 25ΔThe IV gap between 25-delta puts and 25-delta calls for one expiration. Positive skew means downside protection is priced richer than upside exposure. |
|---|---|---|
 KWEB KraneShares CSI China Int… |
Nov 27 | +60.0pt |
| CZR Caesars Entertainment, Inc. |
Nov 13 | +41.1pt |
 SOUN SoundHound AI, Inc. |
Nov 27 | +36.5pt |
 EWZ iShares MSCI Brazil ETF |
Nov 13 | +28.9pt |
 TQQQ ProShares UltraPro QQQ |
Nov 13 | +24.4pt |
| EWZ iShares MSCI Brazil ETF |
Nov 20 | +22.5pt |
| TQQQ ProShares UltraPro QQQ |
Nov 20 | +22.4pt |
| TQQQ ProShares UltraPro QQQ |
Nov 27 | +21.5pt |
| EWZ iShares MSCI Brazil ETF |
Nov 27 | +20.7pt |
| LQD iShares iBoxx $ Investmen… |
Nov 20 | +20.1pt |
 SVXY ProShares - Short VIX Sho… |
Nov 20 | +19.0pt |
| CZR Caesars Entertainment, Inc. |
Nov 27 | +18.3pt |