Microsoft options
Microsoft trades at 531.38; 30-day implied volatility is 29.6%, and the market prices a ±4.03% expected move into the 2026-11-13 expiry, 6 days out.
Cheap or dear right now
- Options look cheap: IV30 is 29.6%, 5.4 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 ±4.03%, about 21.39 points.
- Skew 2.2: calls and puts are priced close together, with no strong directional bid.
- Put/call volume ratio 0.70: call volume clearly outnumbers puts.
Pricing across strikes
2026-11-13 expiry (6 days), spot 531.38. 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 |
|---|---|---|---|---|
| 227 | 35.6% | 520 | 33.6% | 1,107 |
| 205 | 34.1% | 522 | 32.8% | 479 |
| 516 | 33.8% | 525 | 32.5% | 729 |
| 190 | 33.4% | 528 | 31.6% | 660 |
| 985 | 32.8% | 530 | 31.3% | 677 |
| 132 | 32.1% | 532 ATM | 30.7% | 270 |
| 713 | 31.9% | 535 | 30.4% | 676 |
| 700 | 31.4% | 538 | 30.0% | 178 |
| 3,382 | 31.1% | 540 | 29.5% | 630 |
| 472 | 30.5% | 542 | 28.3% | 1,030 |
| 784 | 30.1% | 545 | 26.9% | 707 |
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.