Arrowhead Pharmaceuticals, Inc. (ARWR) 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.

Arrowhead Pharmaceuticals, Inc. (ARWR) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $10.97B, listed on NASDAQ, employing roughly 609 people, carrying a beta of 1.29 to the broader market. Arrowhead Pharmaceuticals, Inc. Led by Christopher R. Anzalone, public since 1993-12-16.

Snapshot as of May 15, 2026.

Spot Price
$76.67
ATM IV
63.4%
HV 20-Day
50.8%
HV 60-Day
52.6%
IV Rank
32.0%
IV Percentile
37.7%

As of May 15, 2026, Arrowhead Pharmaceuticals, Inc. (ARWR) ATM implied volatility is 63.4%. 20-day realized volatility is 50.8%, producing an IV-HV spread of +12.6 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 32.0%.

How ARWR iv/hv history Data Feeds Strategy Selection

Strategy selection on Arrowhead Pharmaceuticals, 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 63.4% 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.

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

Frequently asked ARWR iv/hv history questions

Is ARWR options pricing rich or cheap right now?
As of May 15, 2026, Arrowhead Pharmaceuticals, Inc. (ARWR) ATM IV is 63.4% against 20-day realized volatility of 50.8%. IV rank is 32.0%. ARWR options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 12.6 vol points.
What is the ARWR 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. ARWR 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 ARWR 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. ARWR's current rank of 32.0% 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.