WESTERN ALLIANCE BANCORPORATION (WAL) Implied Volatility
This page breaks down WAL'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 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Implied Volatility & Expected Move
WAL 30-day at-the-money implied volatility, past year.
| ATM IV — 2 month | 34.0% |
| IV rank (1 year) | 23 / 100 |
| IV percentile (1 year) | 18% |
| Historical volatility — 10 day | 16.3% |
| Historical volatility — 21 day | 22.2% |
| Historical volatility — 30 day | 23.6% |
| Historical volatility — 60 day | 28.0% |
An IV rank of 23 places current implied volatility in the lower part of its 52-week range.
WAL IV Rank History
WAL IV rank (0–100), past year.
IV rank has fallen from 96 in Feb '26 to 23 today. An IV percentile of 18% means implied volatility was lower than today on 18% of trading days in the past year.
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WAL Options FAQ
Is WAL implied volatility high or low right now?
By its own 52-week standards, WAL implied volatility is currently low: IV rank is 23 out of 100 as of Aug 24, 2026.
What is the difference between WAL's IV rank and IV percentile?
IV rank (currently 23) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 18%) 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.