The Bank of Nova Scotia (BNS) 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.
The Bank of Nova Scotia (BNS) operates in the Financial Services sector, specifically the Banks - Diversified industry, with a market capitalization near $94.23B, listed on NYSE, employing roughly 88,722 people, carrying a beta of 1.22 to the broader market. The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. Led by L. Scott Thomson, public since 2002-06-07.
Snapshot as of May 15, 2026.
- Spot Price
- $77.00
- ATM IV
- 21.3%
- HV 20-Day
- 18.5%
- HV 60-Day
- 20.6%
- IV Rank
- 65.2%
- IV Percentile
- 87.7%
As of May 15, 2026, The Bank of Nova Scotia (BNS) ATM implied volatility is 21.3%. 20-day realized volatility is 18.5%, producing an IV-HV spread of +2.8 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 65.2%.
How BNS iv/hv history Data Feeds Strategy Selection
Strategy selection on The Bank of Nova Scotia 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 21.3% 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 BNS iv/hv history questions
- Is BNS options pricing rich or cheap right now?
- As of May 15, 2026, The Bank of Nova Scotia (BNS) ATM IV is 21.3% against 20-day realized volatility of 18.5%. IV rank is 65.2%. BNS options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 2.8 vol points.
- What is the BNS 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. BNS 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 BNS 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. BNS's current rank of 65.2% 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.