Reformation (REF)'s 30-day implied volatility (IV30) was 72.4% at the close on October 22, 2026, up from 69.0% the day before, against a 52-week range of 51.1% to 70.5%. Its 20-day historical volatility was 65.2%.
Key numbers
30-day implied volatility (IV30): 72.4%
IV30 52-week range: 51.1% to 70.5% (median 64.9%)
Historical volatility: 20-day 65.2%, 1-year 71.4%
Implied move by the nearest expiration: ±4.3%
Data as of October 22, 2026.
REF Implied Volatility (IV) vs Historical Volatility (HV)
The REF IV term structure shows the implied volatility difference between different maturity dates.
