SMST · IV Rank History

Tidal Trust II Defiance Daily Target 2x Short MSTR ETF · ETF

IV Rank measures where SMST's current 30-day implied volatility sits in its trailing 90-day distribution (0% = lowest in 90 days, 100% = highest). It's the most reliable signal for whether options on SMST are priced rich or cheap relative to its own recent regime.

SMST IV rank history

89 sessions

IV rank = where today's implied volatility sits in its 1-year range (0–100). Above 50 favours selling premium; the shaded band marks 50–100.

SMST IV Rank Summary
Current
100%
Elevated — premium selling regime
30-Day Avg
72%
60-Day Avg
54%
90-Day Avg
53%
90-Day Low
17%
90-Day High
100%
IV Rank is bounded 0%–100% by construction. Sustained levels above 75% historically precede mean reversion in SMST's implied vol; sustained sub-25% readings often coincide with low-realized regimes ahead of catalyst events. See the Vol Arb Screener for symbols where current IV rank diverges most from realized volatility.
SMST IV Rank — Last 90 Trading Days
DateIV RankAvg IV
20261002 100% 3.6%
20261001 100% 3.4%
20260930 98% 3.2%
20260929 100% 3.2%
20260928 100% 3.1%
20260925 95% 290.7%
20260924 99% 296.6%
20260923 84% 273.6%
20260922 100% 298.0%
20260921 100% 276.7%
20260918 93% 262.4%
20260917 32% 187.2%
20260916 29% 183.9%
20260915 27% 181.0%
20260914 34% 189.6%
20260911 18% 170.8%
20260910 22% 175.0%
20260909 20% 173.0%
20260908 21% 174.4%
20260904 28% 182.3%
20260903 30% 185.1%
20260902 92% 260.3%
20260901 100% 270.7%
20260831 98% 264.2%
20260828 89% 253.9%
20260827 100% 267.1%
20260826 96% 233.0%
20260825 100% 236.8%
20260824 84% 221.2%
20260821 72% 210.3%
20260820 59% 195.6%
20260819 41% 177.3%
20260818 24% 156.0%
20260817 28% 160.4%
20260814 18% 150.1%
20260813 22% 154.4%
20260812 19% 150.6%
20260811 17% 148.6%
20260810 29% 161.5%
20260806 30% 162.4%
20260805 31% 162.9%
20260804 32% 164.3%
20260803 31% 163.5%
20260731 26% 157.9%
20260730 31% 163.8%
20260729 36% 168.6%
20260728 35% 168.0%
20260727 38% 170.7%
20260724 33% 165.2%
20260723 36% 168.6%
20260722 39% 171.4%
20260721 44% 176.9%
20260720 42% 174.6%
20260716 42% 174.8%
20260715 45% 178.3%
20260714 50% 183.4%
20260713 45% 178.3%
20260710 49% 182.0%
20260709 52% 185.5%
20260708 60% 193.5%
20260707 65% 198.3%
20260706 69% 203.7%
20260702 78% 212.9%
20260701 74% 208.7%
20260630 78% 213.5%
20260629 74% 209.5%
20260626 84% 219.9%
20260625 81% 216.7%
20260624 57% 191.5%
20260623 43% 176.1%
20260622 43% 176.3%
20260618 35% 168.2%
20260617 30% 162.2%
20260616 19% 151.0%
20260615 28% 160.8%
20260613 29% 161.3%
20260612 29% 161.3%
20260611 31% 163.7%
20260610 25% 161.9%
20260609 34% 173.6%
20260608 26% 162.5%
20260605 32% 170.1%
20260604 20% 156.0%
20260603 23% 158.9%
20260602 73% 220.3%
20260601 84% 234.4%
20260529 76% 223.4%
20260528 66% 211.3%
20260527 65% 210.0%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.