Alphabet options
Alphabet trades at 285.41; 30-day implied volatility is 33.8%, and the market prices a ±4.79% expected move into the 2026-11-13 expiry, 6 days out.
Cheap or dear right now
- Options look cheap: IV30 is 33.8%, 18.8 points below 20-day realised volatility. Buyers pay less for time value.
- Over the next 6 days (expiring 2026-11-13) the market prices a one-standard-deviation move of ±4.79%, about 13.66 points.
- Skew 2.9: calls and puts are priced close together, with no strong directional bid.
- Put/call volume ratio 0.40: call volume clearly outnumbers puts.
Pricing across strikes
2026-11-13 expiry (6 days), spot 285.41. The further apart the two lines, the bigger the skew.
Implied volatility by expiry
Near-dated IV above far-dated (inverted) points to short-term event risk; the reverse suggests calm now and more movement later.
Where the open interest sits
Bar height is open interest; max pain is the strike that minimises the total value of expiring options.
2026-11-13 expiry, five strikes either side of the money
IV is the implied volatility at that strike; OI is open interest.
| Call OI | Call IV | Strike | Put IV | Put OI |
|---|---|---|---|---|
| 390 | 46.9% | 272 | 38.6% | 411 |
| 106 | 42.9% | 275 | 39.9% | 1,534 |
| 157 | 41.1% | 278 | 39.4% | 361 |
| 406 | 38.5% | 280 | 38.4% | 2,280 |
| 452 | 38.8% | 282 | 37.4% | 352 |
| 775 | 37.4% | 285 ATM | 37.2% | 1,372 |
| 771 | 37.7% | 288 | 36.3% | 239 |
| 2,332 | 36.7% | 290 | 36.6% | 2,475 |
| 1,944 | 36.3% | 292 | 35.7% | 165 |
| 2,015 | 36.2% | 295 | 35.8% | 2,384 |
| 478 | 36.2% | 298 | 33.3% | 240 |
FAQ
Is the expected move a guarantee?
No. It is a one-standard-deviation move implied by at-the-money option prices — the market's current price for movement, not a forecast or a guarantee.
Why is IV rank empty?
IV rank needs a year of IV30 history. Our database records IV30 once a day and shows a value after 20 trading days; until then the page shows collection progress.
What does a positive skew mean?
25-delta puts carry a higher implied volatility than calls at the same expiry, so the market is paying more for downside protection — typical when hedging demand rises.
Can I trade straight off this page?
No. This is volatility and pricing information, not a buy or sell signal.
Data from CBOE delayed quotes (about 15 minutes behind), for information only and not investment advice. Options carry high risk and can lose the entire premium.