AN2 Therapeutics, Inc. (ANTX) Implied Volatility
AN2 Therapeutics, Inc. (ANTX) options trade at a 30-day at-the-money implied volatility of 489.6%, an IV rank of 57 out of 100 over the past year. This page breaks down ANTX's implied volatility in plain English: where it sits versus its own history, how it compares with realized movement, and what the term structure and skew are saying.
Data as of Aug 25, 2026, 3:50 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Implied Volatility & Expected Move
ANTX 30-day at-the-money implied volatility, past year.
| ATM IV — front expiration | 489.6% |
| ATM IV — 2 month | 307.1% |
| IV rank (1 year) | 57 / 100 |
| IV percentile (1 year) | 23% |
| Expected move (front expiration) | ±$1.26 (±76.9%) |
| Term slope (front − 3M) | +182.5 pts |
An IV rank of 57 places current implied volatility in the middle of its 52-week range. The term structure is in backwardation — front-month IV exceeds 3-month IV, a pattern often seen around near-term events.
ANTX IV Rank History
ANTX IV rank (0–100), past year.
IV rank has risen from 0 in Jul '26 to 57 today. An IV percentile of 23% means implied volatility was lower than today on 23% of trading days in the past year.
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ANTX Options FAQ
What is the implied volatility of ANTX options?
ANTX options trade at a 30-day at-the-money implied volatility of 489.6% as of Aug 25, 2026. That is an IV rank of 57 out of 100, meaning implied volatility is elevated relative to its own 52-week range.
Is ANTX implied volatility high or low right now?
By its own 52-week standards, ANTX implied volatility is currently moderate: IV rank is 57 out of 100 as of Aug 25, 2026.
What move do ANTX options imply before the next expiration?
Front-expiration ANTX options imply a one-standard-deviation move of ±$1.26 (±76.9%) as of Aug 25, 2026, derived from at-the-money option prices.
What is the difference between ANTX's IV rank and IV percentile?
IV rank (currently 57) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 23%) counts the share of trading days in the past year with lower implied volatility than today. Percentile is less distorted by one-off volatility spikes.
Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.
Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.