IMPINJ INC (PI) Implied Volatility

IMPINJ INC (PI) options trade at a 30-day at-the-money implied volatility of 66.1%, an IV rank of 9 out of 100 over the past year. This page breaks down PI'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
$138.80
52-week range
$91.00 – $242.26
ATM IV (30d)
66.1%
IV rank
9 / 100
Low
Expected move
±$12.70 (±9.2%)
Put/call OI
0.58
Call-heavy
Max pain
$130
↓ 6.3% below close
Next earnings
Jul 30, 2026

Implied Volatility & Expected Move

49%99%150%200%250%Jan '26Apr '26Jul '26

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

ATM IV — front expiration66.1%
ATM IV — 2 month87.9%
ATM IV — 3 month78.7%
IV rank (1 year)9 / 100
IV percentile (1 year)60%
Expected move (front expiration)±$12.70 (±9.2%)
Historical volatility — 10 day98.1%
Historical volatility — 21 day77.7%
Historical volatility — 30 day96.0%
Historical volatility — 60 day82.4%
IV / HV ratio0.69
Term slope (front − 3M)-12.6 pts
25Δ skew (front)+5.5 pts

An IV rank of 9 places current implied volatility in the lower part of its 52-week range. With an IV/HV ratio of 0.69, options currently price in less movement than the stock has recently realized. The term structure is in contango — front-month IV sits below 3-month IV, the typical shape in calm markets.

PI IV Rank History

07152230Feb '26May '26Jul '26

PI IV rank (0–100), past year.

IV rank has risen from 2 in Feb '26 to 9 today. An IV percentile of 60% means implied volatility was lower than today on 60% of trading days in the past year.

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PI Options FAQ

What is the implied volatility of PI options?

PI options trade at a 30-day at-the-money implied volatility of 66.1% as of Jul 10, 2026. That is an IV rank of 9 out of 100, meaning implied volatility is subdued relative to its own 52-week range.

Is PI implied volatility high or low right now?

By its own 52-week standards, PI implied volatility is currently low: IV rank is 9 out of 100 as of Jul 10, 2026. Compared with realized movement, the IV/HV ratio of 0.69 shows options pricing less movement than the stock has recently delivered.

What move do PI options imply before the next expiration?

Front-expiration PI options imply a one-standard-deviation move of ±$12.70 (±9.2%) as of Jul 10, 2026, derived from at-the-money option prices.

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

IV rank (currently 9) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 60%) 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.