🦞 IWM Options Analysis

Snapshot: 2026-07-27 14:01:00 · Generated: 2026-07-29 21:34 · 1893 calls, 1817 puts, 32 expiries
$291.17
Underlying
-3.1%
52-Week Drawdown
19.4%
HV (21d)
25.1%
ATM IV
+5.8pp
IV − HV Spread

Butterfly Price & Risk-Neutral Density

Volatility Smile by Expiry

IV Term Structure

Volatility Surface

Volatility Cone

Skew Term Structure

Open Interest Profile

IV/HV Timeline

Vol Regime Forward Returns

HV History with Regime Shading

Rolling Volatility Percentile

Forward Return Distribution by Regime

Density Heatmap Over Time

ATM IV by Expiry

Expiry Days To Expiry Atm Iv Call Iv Put Iv
0 2026-07-27 -3 25.12 35.21 15.04
1 2026-07-28 -2 21.79 27.59 15.99
2 2026-07-29 -1 25.09 30.08 20.09
3 2026-07-30 0 24.67 27.44 21.89
4 2026-07-31 1 25.15 27.74 22.56
5 2026-08-03 4 22.14 25.36 18.92
6 2026-08-04 5 22.12 24.65 19.59
7 2026-08-05 6 21.81 24.23 19.40
8 2026-08-06 7 21.67 23.85 19.48
9 2026-08-07 8 22.61 25.33 19.90
10 2026-08-14 15 21.93 23.77 20.09
11 2026-08-21 22 21.53 23.49 19.57
12 2026-08-28 29 21.70 24.20 19.20
13 2026-09-04 36 21.79 23.95 19.63
14 2026-09-18 50 21.35 23.01 19.69
15 2026-09-30 62 21.20 22.82 19.57
16 2026-10-16 78 21.35 23.20 19.50
17 2026-11-20 113 22.21 24.57 19.84
18 2026-12-18 141 22.40 24.87 19.94
19 2026-12-31 154 22.28 24.76 19.80
20 2027-01-15 169 22.42 24.92 19.92
21 2027-02-19 204 22.66 25.48 19.84
22 2027-03-19 232 22.95 26.02 19.88
23 2027-03-31 244 23.46 27.19 19.73
24 2027-04-16 260 23.07 26.32 19.82
25 2027-06-17 322 23.67 27.55 19.80
26 2027-06-30 335 23.75 27.76 19.74
27 2027-09-17 414 24.33 28.97 19.69
28 2027-10-15 442 25.16 30.06 20.27
29 2027-12-17 505 24.23 28.86 19.59
30 2028-01-21 540 24.72 28.96 20.49
31 2028-12-15 869 24.44 30.44 18.45

Skew Metrics

Atm Iv Put 90 Iv Put Skew 90 Call 110 Iv Call Skew 110 Risk Reversal
0 22.30 40.63 18.33 22.66 0.36 17.97

IV / HV Spread by Expiry

Expiry Days To Expiry Atm Iv Hv Spread
0 2026-07-27 -3 25.12 11.05 14.07
1 2026-07-28 -2 21.79 11.05 10.74
2 2026-07-29 -1 25.09 11.05 14.03
3 2026-07-30 0 24.67 11.05 13.61
4 2026-07-31 1 25.15 11.05 14.09
5 2026-08-03 4 22.14 11.05 11.09
6 2026-08-04 5 22.12 11.05 11.07
7 2026-08-05 6 21.81 11.05 10.76
8 2026-08-06 7 21.67 11.05 10.61
9 2026-08-07 8 22.61 11.05 11.56
10 2026-08-14 15 21.93 11.05 10.88
11 2026-08-21 22 21.53 11.05 10.48
12 2026-08-28 29 21.70 11.05 10.65
13 2026-09-04 36 21.79 11.05 10.74
14 2026-09-18 50 21.35 11.05 10.30
15 2026-09-30 62 21.20 11.05 10.14
16 2026-10-16 78 21.35 11.05 10.30
17 2026-11-20 113 22.21 11.05 11.15
18 2026-12-18 141 22.40 11.05 11.35
19 2026-12-31 154 22.28 11.05 11.22
20 2027-01-15 169 22.42 11.05 11.37
21 2027-02-19 204 22.66 11.05 11.61
22 2027-03-19 232 22.95 11.05 11.90
23 2027-03-31 244 23.46 11.05 12.40
24 2027-04-16 260 23.07 11.05 12.02
25 2027-06-17 322 23.67 11.05 12.62
26 2027-06-30 335 23.75 11.05 12.70
27 2027-09-17 414 24.33 11.05 13.28
28 2027-10-15 442 25.16 11.05 14.11
29 2027-12-17 505 24.23 11.05 13.17
30 2028-01-21 540 24.72 11.05 13.67
31 2028-12-15 869 24.44 11.05 13.39