{"slug":"zm-implied-volatility","qid":"iv_recent","label":"iv_recent","post_title":"zm-implied-volatility","post_url":"/blog/zm-implied-volatility#q-iv_recent","columns":["session_date","session_label","atm_iv_pct","iv_percentile"],"rows":[{"session_date":"2026-06-03","session_label":"Jun 3, 2026","atm_iv_pct":49.2,"iv_percentile":49},{"session_date":"2026-06-04","session_label":"Jun 4, 2026","atm_iv_pct":46.7,"iv_percentile":44},{"session_date":"2026-06-05","session_label":"Jun 5, 2026","atm_iv_pct":44.5,"iv_percentile":40},{"session_date":"2026-06-08","session_label":"Jun 8, 2026","atm_iv_pct":46,"iv_percentile":43},{"session_date":"2026-06-09","session_label":"Jun 9, 2026","atm_iv_pct":46.5,"iv_percentile":43},{"session_date":"2026-06-10","session_label":"Jun 10, 2026","atm_iv_pct":46,"iv_percentile":43},{"session_date":"2026-06-11","session_label":"Jun 11, 2026","atm_iv_pct":45.7,"iv_percentile":42},{"session_date":"2026-06-12","session_label":"Jun 12, 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2026","atm_iv_pct":47.3,"iv_percentile":45},{"session_date":"2026-07-15","session_label":"Jul 15, 2026","atm_iv_pct":46.6,"iv_percentile":44},{"session_date":"2026-07-16","session_label":"Jul 16, 2026","atm_iv_pct":47.8,"iv_percentile":46},{"session_date":"2026-07-17","session_label":"Jul 17, 2026","atm_iv_pct":46,"iv_percentile":43},{"session_date":"2026-07-20","session_label":"Jul 20, 2026","atm_iv_pct":49.1,"iv_percentile":48},{"session_date":"2026-07-21","session_label":"Jul 21, 2026","atm_iv_pct":48.8,"iv_percentile":48},{"session_date":"2026-07-22","session_label":"Jul 22, 2026","atm_iv_pct":47.2,"iv_percentile":45},{"session_date":"2026-07-23","session_label":"Jul 23, 2026","atm_iv_pct":49.2,"iv_percentile":49},{"session_date":"2026-07-24","session_label":"Jul 24, 2026","atm_iv_pct":46.1,"iv_percentile":43},{"session_date":"2026-07-27","session_label":"Jul 27, 2026","atm_iv_pct":51.4,"iv_percentile":53},{"session_date":"2026-07-28","session_label":"Jul 28, 2026","atm_iv_pct":52.9,"iv_percentile":56},{"session_date":"2026-07-29","session_label":"Jul 29, 2026","atm_iv_pct":51.9,"iv_percentile":54},{"session_date":"2026-07-30","session_label":"Jul 30, 2026","atm_iv_pct":50.1,"iv_percentile":51},{"session_date":"2026-07-31","session_label":"Jul 31, 2026","atm_iv_pct":50.8,"iv_percentile":52},{"session_date":"2026-08-03","session_label":"Aug 3, 2026","atm_iv_pct":57,"iv_percentile":65},{"session_date":"2026-08-04","session_label":"Aug 4, 2026","atm_iv_pct":57.5,"iv_percentile":66},{"session_date":"2026-08-05","session_label":"Aug 5, 2026","atm_iv_pct":56.9,"iv_percentile":64},{"session_date":"2026-08-06","session_label":"Aug 6, 2026","atm_iv_pct":55.1,"iv_percentile":62},{"session_date":"2026-08-07","session_label":"Aug 7, 2026","atm_iv_pct":56.7,"iv_percentile":64},{"session_date":"2026-08-10","session_label":"Aug 10, 2026","atm_iv_pct":53.8,"iv_percentile":58},{"session_date":"2026-08-11","session_label":"Aug 11, 2026","atm_iv_pct":51.5,"iv_percentile":53},{"session_date":"2026-08-12","session_label":"Aug 12, 2026","atm_iv_pct":49.3,"iv_percentile":49},{"session_date":"2026-08-13","session_label":"Aug 13, 2026","atm_iv_pct":49.2,"iv_percentile":49},{"session_date":"2026-08-14","session_label":"Aug 14, 2026","atm_iv_pct":54.8,"iv_percentile":61},{"session_date":"2026-08-17","session_label":"Aug 17, 2026","atm_iv_pct":53.6,"iv_percentile":58},{"session_date":"2026-08-18","session_label":"Aug 18, 2026","atm_iv_pct":56.4,"iv_percentile":64},{"session_date":"2026-08-19","session_label":"Aug 19, 2026","atm_iv_pct":53.5,"iv_percentile":57},{"session_date":"2026-08-20","session_label":"Aug 20, 2026","atm_iv_pct":53.7,"iv_percentile":58},{"session_date":"2026-08-21","session_label":"Aug 21, 2026","atm_iv_pct":54.4,"iv_percentile":60},{"session_date":"2026-08-24","session_label":"Aug 24, 2026","atm_iv_pct":54.4,"iv_percentile":60},{"session_date":"2026-08-25","session_label":"Aug 25, 2026","atm_iv_pct":52.4,"iv_percentile":55},{"session_date":"2026-08-26","session_label":"Aug 26, 2026","atm_iv_pct":40.3,"iv_percentile":31},{"session_date":"2026-08-27","session_label":"Aug 27, 2026","atm_iv_pct":38.7,"iv_percentile":27},{"session_date":"2026-08-28","session_label":"Aug 28, 2026","atm_iv_pct":40.3,"iv_percentile":31},{"session_date":"2026-08-31","session_label":"Aug 31, 2026","atm_iv_pct":38.3,"iv_percentile":26},{"session_date":"2026-09-01","session_label":"Sep 1, 2026","atm_iv_pct":39.5,"iv_percentile":29},{"session_date":"2026-09-02","session_label":"Sep 2, 2026","atm_iv_pct":37.9,"iv_percentile":25},{"session_date":"2026-09-03","session_label":"Sep 3, 2026","atm_iv_pct":39.8,"iv_percentile":30},{"session_date":"2026-09-04","session_label":"Sep 4, 2026","atm_iv_pct":43.1,"iv_percentile":37},{"session_date":"2026-09-08","session_label":"Sep 8, 2026","atm_iv_pct":43.2,"iv_percentile":38},{"session_date":"2026-09-09","session_label":"Sep 9, 2026","atm_iv_pct":44.8,"iv_percentile":40},{"session_date":"2026-09-10","session_label":"Sep 10, 2026","atm_iv_pct":41.3,"iv_percentile":33},{"session_date":"2026-09-11","session_label":"Sep 11, 2026","atm_iv_pct":40.2,"iv_percentile":31},{"session_date":"2026-09-14","session_label":"Sep 14, 2026","atm_iv_pct":40.6,"iv_percentile":32},{"session_date":"2026-09-15","session_label":"Sep 15, 2026","atm_iv_pct":39.6,"iv_percentile":30},{"session_date":"2026-09-16","session_label":"Sep 16, 2026","atm_iv_pct":40.6,"iv_percentile":32},{"session_date":"2026-09-17","session_label":"Sep 17, 2026","atm_iv_pct":38.3,"iv_percentile":26},{"session_date":"2026-09-18","session_label":"Sep 18, 2026","atm_iv_pct":35.7,"iv_percentile":21},{"session_date":"2026-09-21","session_label":"Sep 21, 2026","atm_iv_pct":38.8,"iv_percentile":27},{"session_date":"2026-09-22","session_label":"Sep 22, 2026","atm_iv_pct":39.9,"iv_percentile":30},{"session_date":"2026-09-23","session_label":"Sep 23, 2026","atm_iv_pct":39.7,"iv_percentile":30},{"session_date":"2026-09-24","session_label":"Sep 24, 2026","atm_iv_pct":39,"iv_percentile":28},{"session_date":"2026-09-25","session_label":"Sep 25, 2026","atm_iv_pct":39.6,"iv_percentile":30},{"session_date":"2026-09-28","session_label":"Sep 28, 2026","atm_iv_pct":38.5,"iv_percentile":26},{"session_date":"2026-09-29","session_label":"Sep 29, 2026","atm_iv_pct":40.2,"iv_percentile":31}],"shape":"series","sql":"WITH atm_daily AS\n(\n    SELECT\n        date,\n        round(100 * avg(toFloat64(implied_volatility)), 1) AS iv_pct\n    FROM global_markets.options_greeks\n    WHERE underlying_symbol = 'ZM'\n      AND iv_converged = 1\n      AND volume > 0\n      AND days_to_expiry BETWEEN 20 AND 45\n      AND toFloat64(underlying_close) > 0\n      AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 1) < 0.05\n    GROUP BY date\n)\nSELECT\n    toString(date)                    AS session_date,\n    formatDateTime(date, '%b %e, %Y') AS session_label,\n    iv_pct                            AS atm_iv_pct,\n    iv_percentile\nFROM\n(\n    SELECT\n        date,\n        iv_pct,\n        toUInt8(round(100 * count() OVER (ORDER BY iv_pct) / count() OVER ())) AS iv_percentile\n    FROM atm_daily\n)\nWHERE date >= today() - 120\nORDER BY date","computed_at":"2026-10-01T15:20:57.126916+00:00","elapsed":3.770814861}