IWM Options Statistics & Positioning

IWM options trade at a 30-day at-the-money implied volatility of 18.2%, an IV rank of 20 out of 100 over the past year. The options market prices a ±$14.07 (±5.0%) move in IWM for the front expiration. Max pain sits at $284 and the put/call open interest ratio is 2.27. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$279.01

52-week range

$229.19 – $304.98

ATM IV (30d)

18.2%

IV rank

20 / 100

Low

Expected move

±$14.07 (±5.0%)

Put/call OI

2.27

Put-heavy

Max pain

$284

↑ 1.8% above close

What's IWM's IV rank right now?Where's the max pain for IWM?Explain what gamma exposure means for IWM.

Most Active IWM Contracts

Contract	Expiration	DTE	Last	IV	Volume
IWM $270 put	Oct 16, 2026	7d	$0.27	17.7%	50,914
IWM $269 put	Oct 16, 2026	7d	$0.22	18.3%	36,718
IWM $265 put	Nov 20, 2026	42d	$2.46	21.1%	36,597
IWM $271 put	Oct 16, 2026	7d	$0.35	17.3%	36,318
IWM $264 put	Nov 20, 2026	42d	$2.29	21.3%	32,261

See all active IWM contracts →

Explore IWM Options Statistics

IWM Implied Volatility

18.2% ATM IV (30d)

An IV rank of 20 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

IWM Open Interest

2.27 put/call OI ratio

3,322,543 calls and 7,536,512 puts outstanding across all expirations.

Full open interest analysis →

IWM Max Pain

$284 max pain

1.8% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

IWM Gamma Exposure

-$430.95B net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

IWM Options Volume

1,592,799 contracts traded

Put/call volume ratio 1.23 — plus contracts running far above their usual volume.

Full volume & flow analysis →

IWM Most Active Options

$279 top volume strike

The 25 most actively traded IWM contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on IWM for free

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IWM Options FAQ

How often is IWM options data on this page updated?

All IWM statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see IWM max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated IWM pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

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.