Braemar Hotels & Resorts Inc. (BHR) 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.
Braemar Hotels & Resorts Inc. (BHR) operates in the Real Estate sector, specifically the REIT - Hotel & Motel industry, with a market capitalization near $173.8M, listed on NYSE, employing roughly 116 people, carrying a beta of 0.79 to the broader market. Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Led by Richard J. Stockton, public since 2013-11-06.
Snapshot as of May 15, 2026.
- Spot Price
- $2.50
- ATM IV
- 135.5%
- HV 20-Day
- 55.0%
- HV 60-Day
- 52.4%
- IV Rank
- 29.1%
- IV Percentile
- 80.6%
As of May 15, 2026, Braemar Hotels & Resorts Inc. (BHR) ATM implied volatility is 135.5%. 20-day realized volatility is 55.0%, producing an IV-HV spread of +80.5 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 29.1%.
How BHR iv/hv history Data Feeds Strategy Selection
Strategy selection on Braemar Hotels & Resorts 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 135.5% 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 BHR iv/hv history questions
- Is BHR options pricing rich or cheap right now?
- As of May 15, 2026, Braemar Hotels & Resorts Inc. (BHR) ATM IV is 135.5% against 20-day realized volatility of 55.0%. IV rank is 29.1%. BHR options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 80.5 vol points.
- What is the BHR 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. BHR 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 BHR 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. BHR's current rank of 29.1% 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.