Is SVC options pricing rich or cheap right now?

As of Aug 14, 2026, Service Properties Trust (SVC) ATM IV is 61.6% against 20-day realized volatility of 48.3%. IV rank is 8.1%. SVC options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 13.3 vol points.

What is the SVC 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. SVC 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 SVC 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. SVC's current rank of 8.1% 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.

Service Properties Trust (SVC) 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.

Service Properties Trust (SVC) operates in the Real Estate sector, specifically the REIT - Hotel & Motel industry, with a market capitalization near $270.2M, listed on NASDAQ, carrying a beta of 1.64 to the broader market. Service Properties Trust (SVC) operates as a Real Estate Investment Trust (REIT), maintaining a broad and varied collection of hotels alongside retail properties that provide essential services and necessities under net lease agreements. Led by Christopher J. Bilotto, public since 1995-08-17.

Snapshot as of Aug 14, 2026.

Spot Price: $8.18
ATM IV: 61.6%
HV 20-Day: 48.3%
HV 60-Day: 57.8%
IV Rank: 8.1%
IV Percentile: 18.3%

As of Aug 14, 2026, Service Properties Trust (SVC) ATM implied volatility is 61.6%. 20-day realized volatility is 48.3%, producing an IV-HV spread of +13.3 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 8.1%.

How SVC iv/hv history Data Feeds Strategy Selection

Strategy selection on Service Properties Trust 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 61.6% 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.

How to read the SVC 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 61.6%, 8.1% IV rank, against 48.3% realized over the trailing 20 trading days. Implied is pricing above realized by 13.3 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.

SVC IV/HV regimes and trade selection

SVC sits in the bottom quartile of its 1-year IV range. Low-IV-rank regimes favor premium-buying or long-vol structures - long calls/puts, debit spreads, calendar spreads, long straddles. The risk: low rank can persist for months while theta decay eats premium-buyers alive without a vol-expansion catalyst.

Using SVC 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 -0.002, 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.

SVC 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. SVC's current 8.1% IV rank places the ticker in the compression phase of that cycle. Compression phases are profitable for theta-harvesting structures but tend to end with abrupt vol-expansion regimes that hit short-vol books fast. The ratio of HV-20 (48.3%) to HV-60 (57.8%) gives a second cycle indicator: when 20-day exceeds 60-day, recent realization is running hotter than the trailing-quarter average - typically a sign that recent days have already started expanding vol regardless of where IV rank prints. 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 SVC over the last ~25 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.

Daily values from end-of-day option_ticker_snapshots. Series sparse on illiquid tickers reflects gaps in the upstream end-of-day options data feed.

Most recent 15 trading days (descending). Older history appears in the chart above.

Date	ATM IV	HV 20d	HV 60d	IV Rank
Aug 14, 2026	61.6%	48.3%	57.8%	8.1%
Aug 13, 2026	76.6%	48.9%	57.8%	11.3%
Aug 12, 2026	75.9%	48.1%	57.9%	11.1%
Aug 11, 2026	87.6%	57.7%	57.5%	13.6%
Aug 10, 2026	94.5%	72.0%	57.6%	15.1%
Aug 7, 2026	66.0%	71.8%	59.8%	9.0%
Aug 6, 2026	36.3%	70.0%	62.2%	2.7%
Aug 5, 2026	91.1%	62.2%	59.6%	14.4%
Aug 4, 2026	102.5%	64.1%	59.7%	16.8%
Aug 3, 2026	116.6%	66.6%	61.9%	19.8%
Jul 31, 2026	82.7%	66.2%	61.9%	12.6%
Jul 30, 2026	75.1%	66.6%	61.9%	11.0%
Jul 29, 2026	80.0%	65.9%	62.0%	12.0%
Jul 28, 2026	77.3%	66.1%	61.8%	11.4%
Jul 27, 2026	101.0%	66.2%	62.1%	16.5%

Frequently asked SVC iv/hv history questions

Is SVC options pricing rich or cheap right now?: As of Aug 14, 2026, Service Properties Trust (SVC) ATM IV is 61.6% against 20-day realized volatility of 48.3%. IV rank is 8.1%. SVC options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 13.3 vol points.
What is the SVC 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. SVC 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 SVC 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. SVC's current rank of 8.1% 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.