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Highest implied volatility

QQQ carried the most expensive at-the-money implied volatility in the tracked list at the September 16, 2026 snapshot, at 18%, ahead of QCOM at 49%. Implied volatility is what the market is charging for uncertainty over the next month. It is a price, not a prediction, and selling it is only an edge when it is expensive relative to what the stock actually does.

TickerPriceATM IVIV rankBest annualizedEarnings in window
QQQInvesco QQQ Trust$709.5818%79%14.9%no
QCOMQualcomm Inc.$188.5749%76%32.1%no
INTCIntel Corporation$101.7161%not yet65.7%yes
SPYSPDR S&P 500 ETF Trust$759.0413%60%9.4%no
HDThe Home Depot$307.3326%59%17.6%no
MUMicron Technology$933.7059%not yet40.7%yes
SOFISoFi Technologies$16.9149%not yet44.4%yes
NKENike Inc.$36.3946%not yet31.3%yes
DALDelta Air Lines$78.4746%not yet23.3%yes
FCXFreeport-McMoRan$69.6345%not yet34.2%yes
TSLATesla Inc.$363.3142%not yet58.4%yes
UNHUnitedHealth Group$379.1938%not yet20.2%yes
METAMeta Platforms$678.9138%not yet36.6%yes
SLBSLB (Schlumberger)$53.2138%not yet27.4%yes
CATCaterpillar Inc.$784.1837%not yet22.2%yes
GSGoldman Sachs Group$970.9536%not yet22.1%yes
NVDANVIDIA Corporation$214.9533%35%31.7%no
OXYOccidental Petroleum$60.6235%not yet21.4%no
IBMInternational Business Machines$240.9434%not yet21.3%yes
FFord Motor Company$13.3934%not yet13.6%yes
LLYEli Lilly and Company$1,14334%not yet17.8%yes
AMDAdvanced Micro Devices$525.6751%33%61.5%no
CRMSalesforce Inc.$253.1741%33%22.0%no
NFLXNetflix Inc.$77.3633%not yet24.1%yes
GEGE Aerospace$313.9933%not yet33.3%yes

About the IV rank column

14 of the tracked names have enough accrued history to compute an IV rank; the rest show "not yet" rather than a fabricated number. Where a rank exists it drives the ordering, because 40% IV on a stock that normally runs at 25% is a very different trade from 40% on one that normally runs at 60%.

The trap on this page

Every list of high-IV names is a list of stocks the market is nervous about. Sell puts across the top ten and you have not built a diversified premium book, you have built a concentrated bet that nothing bad happens to any of ten companies the market thinks something bad might happen to. That works for a while. It works right up until the week it does not, and that week takes back a year.

The useful comparison is implied against realized: is the option pricing in more movement than the stock has actually been delivering? When implied vol is cheap against realized, a seller is being underpaid for the risk, and no amount of a high headline IV number fixes that.

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