ALX Oncology Holdings Inc. (ALXO) 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.
ALX Oncology Holdings Inc. (ALXO) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $110.1M, listed on NASDAQ, employing roughly 65 people, carrying a beta of 0.41 to the broader market. ALX Oncology Holdings Inc. Led by Jason W. Lettmann, public since 2020-07-17.
Snapshot as of May 15, 2026.
- Spot Price
- $2.04
- ATM IV
- 199.9%
- HV 20-Day
- 84.4%
- HV 60-Day
- 76.9%
- IV Rank
- 38.4%
- IV Percentile
- 48.0%
As of May 15, 2026, ALX Oncology Holdings Inc. (ALXO) ATM implied volatility is 199.9%. 20-day realized volatility is 84.4%, producing an IV-HV spread of +115.5 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 38.4%.
How ALXO iv/hv history Data Feeds Strategy Selection
Strategy selection on ALX Oncology Holdings Inc. 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 199.9% 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 ALXO iv/hv history questions
- Is ALXO options pricing rich or cheap right now?
- As of May 15, 2026, ALX Oncology Holdings Inc. (ALXO) ATM IV is 199.9% against 20-day realized volatility of 84.4%. IV rank is 38.4%. ALXO options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 115.5 vol points.
- What is the ALXO 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. ALXO is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does ALXO 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. ALXO's current rank of 38.4% 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.