HNI Corporation (HNI) 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.

HNI Corporation (HNI) operates in the Industrials sector, specifically the Business Equipment & Supplies industry, with a market capitalization near $1.68B, listed on NYSE, employing roughly 7,600 people, carrying a beta of 1.00 to the broader market. HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. Led by Jeffrey D. Lorenger, public since 1980-03-17.

Snapshot as of May 15, 2026.

Spot Price
$30.04
ATM IV
60.6%
HV 20-Day
54.4%
HV 60-Day
49.8%
IV Rank
10.7%
IV Percentile
76.2%

As of May 15, 2026, HNI Corporation (HNI) ATM implied volatility is 60.6%. 20-day realized volatility is 54.4%, producing an IV-HV spread of +6.2 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 10.7%.

How HNI iv/hv history Data Feeds Strategy Selection

Strategy selection on HNI 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 60.6% 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 HNI iv/hv history questions

Is HNI options pricing rich or cheap right now?
As of May 15, 2026, HNI Corporation (HNI) ATM IV is 60.6% against 20-day realized volatility of 54.4%. IV rank is 10.7%. HNI options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 6.2 vol points.
What is the HNI 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. HNI 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 HNI 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. HNI's current rank of 10.7% 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.