What is the current DRH ATM implied volatility?

As of May 15, 2026, DiamondRock Hospitality Company (DRH) at-the-money implied volatility is 389.3%. IV rank is 85.3% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.

Is DRH IV high or low historically?

IV is elevated relative to its 1-year history, conditions that typically favor premium-selling strategies (credit spreads, iron condors, covered calls).

What does DRH volatility skew tell options traders?

Volatility skew is the pattern by which IV varies across strikes for a given expiration. DiamondRock Hospitality Company carries the typical equity downside-protection skew: 25-delta puts price meaningfully richer than 25-delta calls. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.

DiamondRock Hospitality Company (DRH) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

DiamondRock Hospitality Company (DRH) operates in the Real Estate sector, specifically the REIT - Hotel & Motel industry, with a market capitalization near $2.14B, listed on NASDAQ, employing roughly 31 people, carrying a beta of 1.01 to the broader market. DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. Led by Jeffrey John Donnelly, public since 2005-05-26.

Snapshot as of May 15, 2026.

Spot Price: $10.27
ATM IV: 389.3%
IV Skew 25Δ: -0.203
IV Rank: 85.3%
IV Percentile: 98.4%
Term Structure Slope: -3.080

As of May 15, 2026, DiamondRock Hospitality Company (DRH) at-the-money implied volatility is 389.3%. IV rank is 85.3% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 98.4%. The 25-delta skew is -0.203: puts carry meaningful premium over calls, a classic equity downside-protection skew. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

DRH Strategy Selection at Current Volatility Levels

For DiamondRock Hospitality Company options at 389.3% ATM IV, high IV rank (85.3%) favors premium-selling structures: credit spreads, iron condors, covered calls, cash-secured puts. The risk: a continued vol expansion through high-rank levels is rare but expensive when it happens. The 25-delta skew is meaningfully put-skewed, so put-credit spreads capture more premium for the same width than call-credit spreads. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.

Learn how volatility skew is reported and how to read the data →

DRH highest implied-volatility contracts

Type	Strike	Expiration	Volume	OI	IV	Bid	Ask
PUT	$10.00	Jun 18, 2026	0	188	389.3%	$0.15	$0.35

Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.

Frequently asked DRH volatility skew questions

What is the current DRH ATM implied volatility?: As of May 15, 2026, DiamondRock Hospitality Company (DRH) at-the-money implied volatility is 389.3%. IV rank is 85.3% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
Is DRH IV high or low historically?: IV is elevated relative to its 1-year history, conditions that typically favor premium-selling strategies (credit spreads, iron condors, covered calls).
What does DRH volatility skew tell options traders?: Volatility skew is the pattern by which IV varies across strikes for a given expiration. DiamondRock Hospitality Company carries the typical equity downside-protection skew: 25-delta puts price meaningfully richer than 25-delta calls. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.