American Express Company (AXP) 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.
American Express Company (AXP) operates in the Financial Services sector, specifically the Financial - Credit Services industry, with a market capitalization near $211.26B, listed on NYSE, employing roughly 75,100 people, carrying a beta of 1.08 to the broader market. American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. Led by Stephen Joseph Squeri, public since 1972-06-01.
Snapshot as of May 15, 2026.
- Spot Price
- $314.00
- ATM IV
- 27.5%
- HV 20-Day
- 25.2%
- HV 60-Day
- 33.7%
- IV Rank
- 29.9%
- IV Percentile
- 44.4%
As of May 15, 2026, American Express Company (AXP) ATM implied volatility is 27.5%. 20-day realized volatility is 25.2%, producing an IV-HV spread of +2.3 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 29.9%.
How AXP iv/hv history Data Feeds Strategy Selection
Strategy selection on American Express Company 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 27.5% 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 AXP iv/hv history questions
- Is AXP options pricing rich or cheap right now?
- As of May 15, 2026, American Express Company (AXP) ATM IV is 27.5% against 20-day realized volatility of 25.2%. IV rank is 29.9%. AXP options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 2.3 vol points.
- What is the AXP 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. AXP 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 AXP 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. AXP's current rank of 29.9% 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.