SPX Implied Volatility
SPX $7,520.93 · Updated Nov 10, 4:00 PM ET
SPX at-the-money implied volatility is 24.9% for Nov 11, 2026 (1 day out). For Dec 10, 2026 it is 15.6%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
TERM STRUCTURE (ATM IV)
| Expiration | DTE | ATM strike | ATM IV |
|---|---|---|---|
| Nov 11, 2026 | 1 | 7520 | 24.9% |
| Nov 12, 2026 | 2 | 7520 | 19.5% |
| Nov 13, 2026 | 3 | 7520 | 18.6% |
| Nov 16, 2026 | 6 | 7520 | 14.7% |
| Nov 17, 2026 | 7 | 7520 | 15.1% |
| Nov 18, 2026 | 8 | 7520 | 16.1% |
| Nov 19, 2026 | 9 | 7520 | 16.3% |
| Nov 20, 2026 | 10 | 7520 | 16.5% |
| Nov 23, 2026 | 13 | 7520 | 15.3% |
| Nov 24, 2026 | 14 | 7520 | 15.4% |
| Nov 25, 2026 | 15 | 7520 | 15.5% |
| Nov 27, 2026 | 17 | 7520 | 15.1% |
SKEW, NOV 11, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 7480 | 28.0% | 28.1% |
| 7485 | 27.7% | 27.7% |
| 7490 | 27.2% | 27.4% |
| 7495 | 26.7% | 27.0% |
| 7500 | 26.4% | 26.6% |
| 7505 | 26.0% | 26.2% |
| 7510 | 25.6% | 25.8% |
| 7515 | 25.1% | 25.4% |
| 7520 | 24.9% | 24.9% |
| 7525 | 24.5% | 24.5% |
| 7530 | 24.0% | 24.1% |
| 7535 | 23.5% | 23.7% |
| 7540 | 23.1% | 23.3% |
| 7545 | 22.7% | 22.8% |
| 7550 | 22.4% | 22.4% |
| 7555 | 21.9% | 22.0% |
| 7560 | 21.6% | 21.6% |
How this is calculated: Implied Volatility methodology