MakeMyTrip Limited (MMYT) 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.

MakeMyTrip Limited (MMYT) operates in the Consumer Cyclical sector, specifically the Travel Services industry, with a market capitalization near $4.09B, listed on NASDAQ, employing roughly 4,576 people, carrying a beta of 1.03 to the broader market. MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Led by Rajesh Magow, public since 2010-08-12.

Snapshot as of May 15, 2026.

Spot Price
$42.73
ATM IV
67.2%
HV 20-Day
47.3%
HV 60-Day
65.5%
IV Rank
20.1%
IV Percentile
85.7%

As of May 15, 2026, MakeMyTrip Limited (MMYT) ATM implied volatility is 67.2%. 20-day realized volatility is 47.3%, producing an IV-HV spread of +19.9 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 20.1%.

How MMYT iv/hv history Data Feeds Strategy Selection

Strategy selection on MakeMyTrip Limited 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 67.2% 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.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked MMYT iv/hv history questions

Is MMYT options pricing rich or cheap right now?
As of May 15, 2026, MakeMyTrip Limited (MMYT) ATM IV is 67.2% against 20-day realized volatility of 47.3%. IV rank is 20.1%. MMYT options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 19.9 vol points.
What is the MMYT 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. MMYT 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 MMYT 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. MMYT's current rank of 20.1% 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.