Terreno Realty Corporation (TRNO) 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.

Terreno Realty Corporation (TRNO) operates in the Real Estate sector, specifically the REIT - Industrial industry, with a market capitalization near $7.05B, listed on NYSE, employing roughly 49 people, carrying a beta of 1.08 to the broader market. {Terreno Realty Corporation and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U. Led by W. Blake Baird, public since 2010-02-10.

Snapshot as of May 15, 2026.

Spot Price
$64.87
ATM IV
20.1%
HV 20-Day
14.4%
HV 60-Day
17.8%
IV Rank
7.7%
IV Percentile
7.9%

As of May 15, 2026, Terreno Realty Corporation (TRNO) ATM implied volatility is 20.1%. 20-day realized volatility is 14.4%, producing an IV-HV spread of +5.7 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 7.7%.

How TRNO iv/hv history Data Feeds Strategy Selection

Strategy selection on Terreno Realty 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 20.1% 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 TRNO iv/hv history questions

Is TRNO options pricing rich or cheap right now?
As of May 15, 2026, Terreno Realty Corporation (TRNO) ATM IV is 20.1% against 20-day realized volatility of 14.4%. IV rank is 7.7%. TRNO options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 5.7 vol points.
What is the TRNO 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. TRNO 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 TRNO 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. TRNO's current rank of 7.7% 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.