Cognizant Technology Solutions Corporation (CTSH) 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.
Cognizant Technology Solutions Corporation (CTSH) operates in the Technology sector, specifically the Information Technology Services industry, with a market capitalization near $21.78B, listed on NASDAQ, employing roughly 336,300 people, carrying a beta of 0.80 to the broader market. Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. Led by Ravi Kumar Singisetti, public since 1998-06-19.
Snapshot as of May 15, 2026.
- Spot Price
- $47.12
- ATM IV
- 41.2%
- HV 20-Day
- 36.4%
- HV 60-Day
- 35.0%
- IV Rank
- 64.8%
- IV Percentile
- 84.1%
As of May 15, 2026, Cognizant Technology Solutions Corporation (CTSH) ATM implied volatility is 41.2%. 20-day realized volatility is 36.4%, producing an IV-HV spread of +4.8 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 64.8%.
How CTSH iv/hv history Data Feeds Strategy Selection
Strategy selection on Cognizant Technology Solutions 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 41.2% 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 CTSH iv/hv history questions
- Is CTSH options pricing rich or cheap right now?
- As of May 15, 2026, Cognizant Technology Solutions Corporation (CTSH) ATM IV is 41.2% against 20-day realized volatility of 36.4%. IV rank is 64.8%. CTSH options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 4.8 vol points.
- What is the CTSH 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. CTSH 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 CTSH 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. CTSH's current rank of 64.8% 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.