Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) 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.

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) operates in the Technology sector, specifically the Software - Infrastructure industry, with a market capitalization near $337.1M, listed on NASDAQ, employing roughly 3 people, carrying a beta of 2.76 to the broader market. Xanadu Quantum Technologies Inc. Led by Christian Weedbrook, public since 2026-03-27.

Snapshot as of May 15, 2026.

Spot Price
$13.71
ATM IV
153.4%

As of May 15, 2026, Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) ATM implied volatility is 153.4%.

How XNDU iv/hv history Data Feeds Strategy Selection

Strategy selection on Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares 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 153.4% 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 XNDU iv/hv history questions

Is XNDU options pricing rich or cheap right now?
As of May 15, 2026, Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) ATM IV is 153.4%.
What is the XNDU 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. XNDU is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does XNDU 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. XNDU'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.