Innovator IBD 50 ETF (FFTY) IV/HV History

Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.

Innovator IBD 50 ETF (FFTY) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $96.5M, listed on AMEX, carrying a beta of 1.75 to the broader market. The Innovator IBD 50 ETF seeks to track the investment results of the IBD 50 Index. public since 2015-04-09.

Snapshot as of May 15, 2026.

Spot Price
$40.77
ATM IV
34.3%
HV 20-Day
40.5%
HV 60-Day
42.0%
IV Rank
39.9%
IV Percentile
63.1%

As of May 15, 2026, Innovator IBD 50 ETF (FFTY) ATM implied volatility is 34.3%. 20-day realized volatility is 40.5%, producing an IV-HV spread of -6.2 vol points. Realized volatility currently exceeds implied, an inversion that can signal a pending IV expansion. IV rank is 39.9%.

How FFTY iv/hv history Data Feeds Strategy Selection

Strategy selection on Innovator IBD 50 ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 34.3% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked FFTY iv/hv history questions

Is FFTY options pricing rich or cheap right now?
As of May 15, 2026, Innovator IBD 50 ETF (FFTY) ATM IV is 34.3% against 20-day realized volatility of 40.5%. IV rank is 39.9%. Realized volatility currently exceeds implied: an inversion of the typical equity volatility risk premium that often precedes IV expansion.
What is the FFTY variance risk premium?
The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. FFTY is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does FFTY IV rank mean for strategy selection?
IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. FFTY's current rank of 39.9% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.