SPHY Volatility Analysis & Options Data

SPHY is the SPDR PORTFOLIO HIGH YIELD BOND ETF. SPHY options price an implied move of ±$0.41 (1.8%) by 2026-11-20. Implied volatility (IV) is 8.9% and the 1-year IV rank is 54.2. View the latest SPHY options implied volatility, realized volatility, volatility skew, volatility of volatility, IV percentiles, skewness, kurtosis, volatility surfaces, IVIX values, and iv rank data on Unusual Whales.

Implied volatility (2026-11-20)
8.9%
IV rank (1y)
54.2
Implied move
±$0.41 (1.8%)
Name
SPDR PORTFOLIO HIGH YIELD BOND ETF
Type
ETF
Market cap
$11.86B
Avg. daily volume (30d)
5.71M

Frequently asked questions

What is SPHY implied volatility?
SPHY options for 2026-11-20 have an implied volatility of 8.9%, with a 1-year IV rank of 54.2.
How to use SPHY volatility data for options trading?
SPHY volatility data helps you choose the right options strategy. High IV suggests expensive options and potential mean reversion, while low IV may indicate cheap options.
What is IV rank for SPHY?
IV rank measures where current implied volatility sits relative to its 52-week range. SPHY's current IV rank is 54.2.