ProKidney Corp. (PROK) 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.

ProKidney Corp. (PROK) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $506.7M, listed on NASDAQ, employing roughly 204 people, carrying a beta of 1.75 to the broader market. ProKidney Corp. Led by Bruce Culleton, public since 2021-06-30.

Snapshot as of May 14, 2026.

Spot Price
$1.70
ATM IV
170.8%
HV 20-Day
61.4%
HV 60-Day
73.6%
IV Rank
33.7%
IV Percentile
57.5%

As of May 14, 2026, ProKidney Corp. (PROK) ATM implied volatility is 170.8%. 20-day realized volatility is 61.4%, producing an IV-HV spread of +109.4 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 33.7%.

How PROK iv/hv history Data Feeds Strategy Selection

Strategy selection on ProKidney 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 170.8% 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 PROK iv/hv history questions

Is PROK options pricing rich or cheap right now?
As of May 14, 2026, ProKidney Corp. (PROK) ATM IV is 170.8% against 20-day realized volatility of 61.4%. IV rank is 33.7%. PROK options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 109.4 vol points.
What is the PROK 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. PROK 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 PROK 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. PROK's current rank of 33.7% 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.