Pulmonx Corp (LUNG) Implied Volatility

Pulmonx Corp (LUNG) options trade at a 30-day at-the-money implied volatility of 302.9%, an IV rank of 41 out of 100 over the past year. This page breaks down LUNG'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 Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$1.42
52-week range
$1.19 – $3.78
ATM IV (30d)
302.9%
IV rank
41 / 100
Moderate
Expected move
±$0.60 (±41.9%)
Put/call OI
4.36
Put-heavy
Max pain
$1.5
↑ 5.6% above close
Next earnings
Aug 3, 2026

Implied Volatility & Expected Move

16%148%280%412%544%Jan '26Apr '26Jul '26

LUNG 30-day at-the-money implied volatility, past year.

ATM IV — front expiration302.9%
ATM IV — 2 month200.0%
IV rank (1 year)41 / 100
IV percentile (1 year)36%
Expected move (front expiration)±$0.60 (±41.9%)
Historical volatility — 10 day111.9%
Historical volatility — 21 day101.1%
Historical volatility — 30 day95.6%
Historical volatility — 60 day108.0%
IV / HV ratio3.17
Term slope (front − 3M)+102.9 pts

An IV rank of 41 places current implied volatility in the middle of its 52-week range. With an IV/HV ratio of 3.17, options currently price in more movement than the stock has recently realized. The term structure is in backwardation — front-month IV exceeds 3-month IV, a pattern often seen around near-term events.

LUNG IV Rank History

7325883109Feb '26May '26Jul '26

LUNG IV rank (0–100), past year.

IV rank has fallen from 100 in Feb '26 to 41 today. An IV percentile of 36% means implied volatility was lower than today on 36% of trading days in the past year.

Explore the payoff profile of option on LUNG for free

Build multi-leg LUNG strategies, visualize payoffs, and scan the full US options universe with OptiView.

LUNG Options FAQ

What is the implied volatility of LUNG options?

LUNG options trade at a 30-day at-the-money implied volatility of 302.9% as of Jul 10, 2026. That is an IV rank of 41 out of 100, meaning implied volatility is subdued relative to its own 52-week range.

Is LUNG implied volatility high or low right now?

By its own 52-week standards, LUNG implied volatility is currently moderate: IV rank is 41 out of 100 as of Jul 10, 2026. Compared with realized movement, the IV/HV ratio of 3.17 shows options pricing more movement than the stock has recently delivered.

What move do LUNG options imply before the next expiration?

Front-expiration LUNG options imply a one-standard-deviation move of ±$0.60 (±41.9%) as of Jul 10, 2026, derived from at-the-money option prices.

What is the difference between LUNG's IV rank and IV percentile?

IV rank (currently 41) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 36%) 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.