Rani Therapeutics Holdings, Inc. (RANI) Implied Volatility

Rani Therapeutics Holdings, Inc. (RANI) options trade at a 30-day at-the-money implied volatility of 363.1%, an IV rank of 67 out of 100 over the past year. This page breaks down RANI'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
$0.75
52-week range
$0.41 – $2.89
ATM IV (30d)
363.1%
IV rank
67 / 100
Moderate
Expected move
±$0.38 (±50.3%)
Put/call OI
0.06
Call-heavy
Max pain
$0.5
↓ 33.0% below close
Next earnings
Aug 12, 2026

Implied Volatility & Expected Move

67%185%303%421%539%Jan '26Apr '26Jul '26

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

ATM IV — front expiration363.1%
ATM IV — 2 month373.3%
ATM IV — 3 month268.2%
IV rank (1 year)67 / 100
IV percentile (1 year)54%
Expected move (front expiration)±$0.38 (±50.3%)
Historical volatility — 10 day113.9%
Historical volatility — 21 day87.2%
Historical volatility — 30 day74.4%
Historical volatility — 60 day101.8%
IV / HV ratio4.88
Term slope (front − 3M)+94.9 pts

An IV rank of 67 places current implied volatility in the middle of its 52-week range. With an IV/HV ratio of 4.88, 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.

RANI IV Rank History

0285583110Feb '26May '26Jul '26

RANI IV rank (0–100), past year.

IV rank has fallen from 70 in Feb '26 to 67 today. An IV percentile of 54% means implied volatility was lower than today on 54% of trading days in the past year.

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RANI Options FAQ

What is the implied volatility of RANI options?

RANI options trade at a 30-day at-the-money implied volatility of 363.1% as of Jul 10, 2026. That is an IV rank of 67 out of 100, meaning implied volatility is elevated relative to its own 52-week range.

Is RANI implied volatility high or low right now?

By its own 52-week standards, RANI implied volatility is currently moderate: IV rank is 67 out of 100 as of Jul 10, 2026. Compared with realized movement, the IV/HV ratio of 4.88 shows options pricing more movement than the stock has recently delivered.

What move do RANI options imply before the next expiration?

Front-expiration RANI options imply a one-standard-deviation move of ±$0.38 (±50.3%) as of Jul 10, 2026, derived from at-the-money option prices.

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

IV rank (currently 67) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 54%) 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.