CNX Resources Corporation (CNX) 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.

CNX Resources Corporation (CNX) operates in the Energy sector, specifically the Oil & Gas Exploration & Production industry, with a market capitalization near $5.01B, listed on NYSE, employing roughly 458 people, carrying a beta of 0.64 to the broader market. CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. Led by Alan K. Shepard, public since 1999-04-30.

Snapshot as of May 15, 2026.

Spot Price
$36.23
ATM IV
35.2%
HV 20-Day
34.8%
HV 60-Day
33.8%
IV Rank
43.0%
IV Percentile
56.7%

As of May 15, 2026, CNX Resources Corporation (CNX) ATM implied volatility is 35.2%. 20-day realized volatility is 34.8%, producing an IV-HV spread of +0.4 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 43.0%.

How CNX iv/hv history Data Feeds Strategy Selection

Strategy selection on CNX Resources Corporation 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 35.2% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 CNX iv/hv history questions

Is CNX options pricing rich or cheap right now?
As of May 15, 2026, CNX Resources Corporation (CNX) ATM IV is 35.2% against 20-day realized volatility of 34.8%. IV rank is 43.0%. CNX options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 0.4 vol points.
What is the CNX 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. CNX 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 CNX 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. CNX's current rank of 43.0% 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.