Implied volatility
An annualized volatility estimate derived from option prices. Higher IV means the market is pricing a wider distribution of outcomes; it is not a directional forecast.
United States · stock · structured options research
WMB Options: IV Rank, Expected Move & Put/Call Ratio
As of Aug 3, 2026, 6:52 PM UTC: WMB $70.43 · 30-day implied volatility 35.41% · IV percentile 100% · Expected move ±7.61% · Reference expiry 2026-08-21
Source: HPSILab iv_batch API
- Underlying price
- $70.43
- IV percentile
- 100%
- Expected move
- ±7.61% · $5.36
- Put/call ratio
- 0.4
WMB options market snapshot
Values appear only after a verified API snapshot is supplied; stale or invented market figures are never substituted.
- ATM implied volatility
- 35.41%
- 30-day implied volatility
- 35.41%
- 30-day historical volatility
- 27.6%
- IV minus HV spread
- 7.81 pts
- IV rank
- 100%
- Skew regime
- COMPRESSION
- 25-delta risk reversal
- -2.25 pts
- Squeeze score
- -14.37
- Term structure
- backwardation
- Reference expiry
- 2026-08-21
Volatility interpretation: Term structure inverted — binary event risk elevated, check catalyst calendar
What researchers should watch for WMB
Compare WMB option-implied volatility and positioning with broad-market benchmarks before drawing a directional conclusion.
- option-chain liquidityMonitor option-chain liquidity across matching expirations and compare the pattern with SPY and QQQ; the signal alone does not identify trade direction or intent.
- event-driven volatilityMonitor event-driven volatility across matching expirations and compare the pattern with SPY and QQQ; the signal alone does not identify trade direction or intent.
- broad-market confirmationMonitor broad-market confirmation across matching expirations and compare the pattern with SPY and QQQ; the signal alone does not identify trade direction or intent.
Definitions and methodology
IV versus HV
IV reflects option-implied future variability, while HV measures realized historical movement. Their spread indicates the premium priced over recent experience.
Risk reversal
The 25-delta risk reversal compares call and put implied volatility. It summarizes skew but cannot identify whether contracts were bought, sold, opened or closed.
Term structure
Near- and far-month volatility indicate how event risk is distributed across expirations. Calendar comparisons should use consistent strikes and methods.
Compare related options research
Frequently asked questions
What does WMB implied volatility measure?
It reflects the options market's annualized expectation of future price variability. It measures magnitude, not bullish or bearish direction.
Is the expected move a price target?
No. It is an implied range estimate for a defined horizon, not a forecast or guarantee.
Can this page be used as investment advice?
No. This research is educational and informational. Options can expire worthless and some strategies can lose more than the premium.
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