The at-the-money implied volatility for First Merchants Corp (FRME) options expiring Nov 20, 2026 (7 DTE) is 221.3%.
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Implied Volatility Stats
Showing results for 2026-11-20(m), calls & puts
| Expiration Date | Avg IV |
|---|---|
| 2026-11-20(m) calls | 236.37% |
| 2026-11-20(m) puts | 180.28% |
FRME Volatility Skew FAQ
What is volatility skew?
Volatility skew is the difference in implied volatility between options at different strike prices. A steeper skew means traders are paying more for options on one side, usually downside puts used as protection.
What is FRME's one-year implied volatility range?
Over the past year, First Merchants 30-day implied volatility ranged from 28.0% on Jan 2, 2026 to 182.8% on Oct 16, 2026.
How has FRME implied volatility changed recently?
First Merchants 30-day implied volatility went from 82.0% on Oct 14, 2026 to 60.3% on Nov 11, 2026. See the FRME implied volatility history for a longer view.
What is First Merchants Corp?
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers.