Blend Labs, Inc. (BLND) 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.

Blend Labs, Inc. (BLND) operates in the Technology sector, specifically the Software - Application industry, with a market capitalization near $370.6M, listed on NYSE, employing roughly 540 people, carrying a beta of 1.03 to the broader market. Blend Labs, Inc. Led by Nima Ghamsari, public since 2021-07-16.

Snapshot as of May 15, 2026.

Spot Price
$1.44
ATM IV
189.2%
HV 20-Day
86.6%
HV 60-Day
83.7%
IV Rank
34.8%
IV Percentile
90.1%

As of May 15, 2026, Blend Labs, Inc. (BLND) ATM implied volatility is 189.2%. 20-day realized volatility is 86.6%, producing an IV-HV spread of +102.6 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 34.8%.

How BLND iv/hv history Data Feeds Strategy Selection

Strategy selection on Blend Labs, 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 189.2% 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 BLND iv/hv history questions

Is BLND options pricing rich or cheap right now?
As of May 15, 2026, Blend Labs, Inc. (BLND) ATM IV is 189.2% against 20-day realized volatility of 86.6%. IV rank is 34.8%. BLND options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 102.6 vol points.
What is the BLND 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. BLND 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 BLND 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. BLND's current rank of 34.8% 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.