Keel Infrastructure Corp. (KEEL) 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.
Keel Infrastructure Corp. (KEEL) operates in the Technology sector, specifically the Software - Services industry, with a market capitalization near $3.64B, listed on NASDAQ, employing roughly 274 people, carrying a beta of 4.13 to the broader market. Keel Infrastructure Corp. Led by Benjamin Gagnon, public since 2019-08-16.
Snapshot as of Jun 30, 2026.
- Spot Price
- $5.72
- ATM IV
- 117.3%
- HV 20-Day
- 85.3%
As of Jun 30, 2026, Keel Infrastructure Corp. (KEEL) ATM implied volatility is 117.3%. 20-day realized volatility is 85.3%, producing an IV-HV spread of +32.1 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium.
How KEEL iv/hv history Data Feeds Strategy Selection
Strategy selection on Keel Infrastructure Corp. 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 117.3% 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.
How to read the KEEL IV vs HV chart
The dual-line chart above tracks ATM implied volatility (forward-looking, what the chain is pricing) against 20-day realized historical volatility (backward-looking, what actually happened). ATM IV currently prints at 117.3%, against 85.3% realized over the trailing 20 trading days. Implied is pricing above realized by 32.1 vol points, the typical variance-risk-premium positive state in which premium sellers earn the gap. Persistent IV-above-HV is the variance-risk-premium-positive state typical of equity markets; persistent IV-below-HV is rare and usually marks underpriced vol that often expands.
KEEL IV/HV regimes and trade selection
Using KEEL vol history alongside the term structure
The IV/HV gap on this page captures the level of premium; the term-structure slope on the volatility page captures its shape across expirations. Term structure is roughly flat at -0.004, no strong near vs far premium being priced. Pair the rank read with the slope read with the event calendar to choose the right tenor for the structure.
KEEL IV/HV signal in volatility-cycle context
Equity-vol cycles tend to compress and expand on multi-month timeframes: a typical sequence runs low-IV-rank consolidation (months of flat tape, decaying premium) into a vol-expansion catalyst (earnings miss, macro shock, regime change) into elevated-IV-rank stress (premiums fat, dispersion high) back to mean-reverting compression. Use the time series above to spot inflection points: meaningful IV/HV gap closures and openings tend to precede regime shifts by a few sessions.
Learn how implied vs realized volatility is reported and how to read the data →
Daily ATM implied volatility and 20-day realized (historical) volatility for KEEL over the last ~33 trading days. The IV-HV gap measures the variance risk premium - when IV trades persistently above realized HV, premium-sellers earn the spread; when IV dips below HV, vol is structurally underpriced.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | ATM IV | HV 20d | HV 60d | IV Rank |
|---|---|---|---|---|
| Jun 30, 2026 | 117.3% | 85.3% | - | - |
| Jun 26, 2026 | 119.5% | 83.5% | - | - |
| Jun 25, 2026 | 118.5% | 89.0% | - | - |
| Jun 23, 2026 | 120.4% | 73.3% | - | - |
| Jun 22, 2026 | 117.9% | 71.5% | - | - |
| Jun 18, 2026 | 115.1% | 68.4% | - | - |
| Jun 17, 2026 | 116.1% | 68.3% | - | - |
| Jun 16, 2026 | 116.1% | 73.6% | - | - |
| Jun 15, 2026 | 117.9% | 74.0% | - | - |
| Jun 12, 2026 | 118.1% | 75.3% | - | - |
| Jun 11, 2026 | 116.7% | 76.3% | - | - |
| Jun 10, 2026 | 118.5% | 92.5% | - | - |
| Jun 9, 2026 | 122.8% | 94.5% | - | - |
| Jun 8, 2026 | 117.3% | 94.1% | - | - |
| Jun 2, 2026 | 116.6% | 84.8% | - | - |
Frequently asked KEEL iv/hv history questions
- Is KEEL options pricing rich or cheap right now?
- As of Jun 30, 2026, Keel Infrastructure Corp. (KEEL) ATM IV is 117.3% against 20-day realized volatility of 85.3%. KEEL options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 32.1 vol points.
- What is the KEEL 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. KEEL 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 KEEL 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. KEEL's current rank 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.