Advanced Micro Devices, Inc. (AMD) 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.
Advanced Micro Devices, Inc. (AMD) operates in the Technology sector, specifically the Semiconductors industry, with a market capitalization near $849.70B, listed on NASDAQ, employing roughly 31,000 people, carrying a beta of 2.48 to the broader market. Advanced Micro Devices, Inc. Led by Lisa T. Su, public since 1972-09-07.
Snapshot as of Sep 11, 2026.
- Spot Price
- $515.93
- ATM IV
- 48.4%
- HV 20-Day
- 47.7%
- HV 60-Day
- 70.4%
- IV Rank
- 14.7%
- IV Percentile
- 14.7%
As of Sep 11, 2026, Advanced Micro Devices, Inc. (AMD) ATM implied volatility is 48.4%. 20-day realized volatility is 47.7%, producing an IV-HV spread of +0.7 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 14.7%.
How AMD iv/hv history Data Feeds Strategy Selection
Strategy selection on Advanced Micro Devices, 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 48.4% 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.
How to read the AMD IV vs HV chart
The dual-line chart above tracks ATM implied volatility (forward-looking, what the chain is pricing) against 20-day realized historical volatility (backward-looking, what actually happened). ATM IV currently prints at 48.4%, 14.7% IV rank, against 47.7% realized over the trailing 20 trading days. Implied is pricing above realized by 0.7 vol points, the typical variance-risk-premium positive state in which premium sellers earn the gap. Persistent IV-above-HV is the variance-risk-premium-positive state typical of equity markets; persistent IV-below-HV is rare and usually marks underpriced vol that often expands.
AMD IV/HV regimes and trade selection
AMD sits in the bottom quartile of its 1-year IV range. Low-IV-rank regimes favor premium-buying or long-vol structures - long calls/puts, debit spreads, calendar spreads, long straddles. The risk: low rank can persist for months while theta decay eats premium-buyers alive without a vol-expansion catalyst.
Using AMD vol history alongside the term structure
The IV/HV gap on this page captures the level of premium; the term-structure slope on the volatility page captures its shape across expirations. Term structure is roughly flat at 0.005, no strong near vs far premium being priced. Pair the rank read with the slope read with the event calendar to choose the right tenor for the structure.
AMD IV/HV signal in volatility-cycle context
Equity-vol cycles tend to compress and expand on multi-month timeframes: a typical sequence runs low-IV-rank consolidation (months of flat tape, decaying premium) into a vol-expansion catalyst (earnings miss, macro shock, regime change) into elevated-IV-rank stress (premiums fat, dispersion high) back to mean-reverting compression. AMD's current 14.7% IV rank places the ticker in the compression phase of that cycle. Compression phases are profitable for theta-harvesting structures but tend to end with abrupt vol-expansion regimes that hit short-vol books fast. The ratio of HV-20 (47.7%) to HV-60 (70.4%) gives a second cycle indicator: when 20-day exceeds 60-day, recent realization is running hotter than the trailing-quarter average - typically a sign that recent days have already started expanding vol regardless of where IV rank prints. Use the time series above to spot inflection points: meaningful IV/HV gap closures and openings tend to precede regime shifts by a few sessions.
Learn how implied vs realized volatility is reported and how to read the data →
Daily ATM implied volatility and 20-day realized (historical) volatility for AMD over the last ~29 trading days. The IV-HV gap measures the variance risk premium - when IV trades persistently above realized HV, premium-sellers earn the spread; when IV dips below HV, vol is structurally underpriced.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | ATM IV | HV 20d | HV 60d | IV Rank |
|---|---|---|---|---|
| Sep 11, 2026 | 48.4% | 47.7% | 70.4% | 14.7% |
| Sep 10, 2026 | 50.0% | 47.3% | 71.5% | 19.8% |
| Sep 9, 2026 | 51.4% | 46.0% | 72.5% | 22.9% |
| Sep 8, 2026 | 52.5% | 45.0% | 72.9% | 25.3% |
| Sep 4, 2026 | 48.5% | 39.6% | 73.5% | 18.8% |
| Sep 3, 2026 | 46.5% | 37.6% | 73.4% | 14.7% |
| Sep 2, 2026 | 47.2% | 38.5% | 74.0% | 16.3% |
| Sep 1, 2026 | 47.7% | 49.1% | 74.3% | 21.1% |
| Aug 31, 2026 | 47.9% | 58.1% | 77.2% | 21.6% |
| Aug 28, 2026 | 47.7% | 58.1% | 77.4% | 21.2% |
| Aug 27, 2026 | 51.7% | 58.1% | 78.1% | 28.9% |
| Aug 26, 2026 | 54.2% | 72.2% | 78.1% | 33.7% |
| Aug 25, 2026 | 53.4% | 75.4% | 78.1% | 32.3% |
| Aug 24, 2026 | 52.9% | 78.1% | 77.5% | 31.3% |
| Aug 21, 2026 | 52.1% | 79.8% | 77.8% | 29.6% |
AMD highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $512.50 | Sep 14, 2026 | 1.9K | 100 | 33.1% | $7.85 | $8.15 |
| CALL | $550.00 | Sep 14, 2026 | 2.0K | 140 | 34.6% | $0.11 | $0.15 |
| CALL | $517.50 | Sep 14, 2026 | 2.8K | 216 | 32.8% | $5.25 | $5.45 |
| CALL | $500.00 | Sep 18, 2026 | 544 | 9.7K | 48.0% | $22.95 | $23.25 |
| CALL | $780.00 | Mar 19, 2027 | 1.5K | 151 | 56.8% | $22.50 | $23.50 |
Top 5 contracts from the institutional-grade nightly options scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked AMD iv/hv history questions
- Is AMD options pricing rich or cheap right now?
- As of Sep 11, 2026, Advanced Micro Devices, Inc. (AMD) ATM IV is 48.4% against 20-day realized volatility of 47.7%. IV rank is 14.7%. AMD options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 0.7 vol points.
- What is the AMD 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. AMD 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 AMD 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. AMD's current rank of 14.7% 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.