Website charts: https://www.mrci.com/client/options MRCI's Implied Volatility Data as of Wednesday January 14, 2026 /==================================================================================\ | Contract | IV | HV | +1SD | CTHV | -1SD |IV+-% |D2EX| |==============================|=======|=======|=======|=======|=======|======|====| |Mar26 Japanese Yen(CME) | 77.83| 7.43| 12.84| 8.61| 4.39| +803%| 51| |Mar26 Silver(CMX) | 76.29| 90.89| 39.71| 29.12| 18.53| +162%| 40| |May26 Silver(CMX) | 67.65| 90.67| 39.66| 29.05| 18.44| +132%| 103| |Feb26 NY Harbor ULSD(NYM) | 50.93| 29.11| 35.02| 26.05| 17.08| +95%| 13| |Mar26 Orange Juice(ICE) | 60.95| 76.74| 43.49| 31.30| 19.11| +94%| 23| |May26 Copper(CMX) | 34.22| 38.26| 25.03| 19.51| 13.99| +75%| 103| |Aug26 Feeder Cattle(CME) | 19.44| 14.54| 16.48| 11.17| 5.85| +74%| 225| |Mar26 Copper(CMX) | 34.18| 38.55| 25.25| 19.75| 14.26| +73%| 40| |Mar26 NY Harbor ULSD(NYM) | 43.31| 27.85| 34.19| 25.41| 16.63| +70%| 41| |Mar26 Brent Crude Oil(ICE) | 48.15| 28.04| 42.12| 28.52| 14.91| +68%| 12| |Apr26 NY Harbor ULSD(NYM) | 40.51| 26.83| 33.54| 24.81| 16.07| +63%| 71| |Jul26 Orange Juice(ICE) | 45.42| 70.75| 41.20| 28.56| 15.91| +59%| 142| |Aug26 Live Cattle(CME) | 15.76| 10.38| 14.37| 9.93| 5.49| +58%| 205| |Mar26 Crude Oil(NYM) | 46.21| 29.07| 43.90| 29.75| 15.59| +55%| 34| |May26 Orange Juice(ICE) | 45.64| 72.59| 42.10| 29.54| 16.98| +54%| 79| |Apr26 Brent Crude Oil(ICE) | 42.55| 27.16| 40.93| 27.67| 14.41| +53%| 40| |May26 Feeder Cattle(CME) | 19.10| 14.79| 17.91| 12.58| 7.25| +51%| 134| |May26 NY Harbor ULSD(NYM) | 36.60| 25.69| 32.86| 24.20| 15.54| +51%| 103| |Jun26 NY Harbor ULSD(NYM) | 34.81| 24.38| 32.08| 23.56| 15.04| +47%| 132| |Jun26 Live Cattle(CME) | 15.67| 10.48| 15.14| 10.73| 6.32| +46%| 142| |Apr26 Crude Oil(NYM) | 42.19| 28.23| 42.96| 28.92| 14.87| +45%| 62| |Aug26 Lean Hogs(CME) | 18.00| 7.25| 15.04| 12.43| 9.81| +44%| 212| |May26 Brent Crude Oil(ICE) | 38.68| 26.31| 39.83| 26.89| 13.96| +43%| 70| |May26 RBOB Gasoline(NYM) | 34.67| 20.69| 34.17| 24.13| 14.09| +43%| 103| |Jun26 RBOB Gasoline(NYM) | 33.99| 20.56| 33.64| 23.69| 13.74| +43%| 132| |Mar26 Cocoa(ICE) | 43.98| 64.96| 47.04| 30.54| 14.04| +43%| 23| |Feb26 RBOB Gasoline(NYM) | 42.04| 25.04| 42.33| 29.74| 17.15| +41%| 13| |May26 Class III Milk(CME) | 17.73| 12.25| 18.72| 12.54| 6.37| +41%| 139| |May26 Crude Oil(NYM) | 39.30| 27.47| 41.89| 28.02| 14.14| +40%| 92| |Mar26 London Cocoa(LCE) | 36.87| 64.30| 42.79| 26.22| 9.65| +40%| 44| |Apr26 Feeder Cattle(CME) | 18.54| 14.75| 18.81| 13.43| 8.05| +38%| 106| |Jul26 Lean Hogs(CME) | 18.05| 8.92| 16.25| 13.07| 9.90| +38%| 181| |May26 Soybean Oil(CBOT) | 26.84| 17.22| 24.44| 19.35| 14.25| +38%| 100| |Sep26 Soybean Oil(CBOT) | 25.01| 15.88| 22.77| 18.11| 13.44| +38%| 219| |Oct26 Soybean Oil(CBOT) | 24.64| 15.66| 22.40| 17.83| 13.27| +38%| 254| |Apr26 RBOB Gasoline(NYM) | 34.31| 20.96| 34.94| 24.72| 14.50| +38%| 71| |May26 Cocoa(ICE) | 40.28| 61.93| 44.70| 29.14| 13.58| +38%| 79| |May26 London Cocoa(LCE) | 33.54| 62.50| 39.69| 24.26| 8.84| +38%| 106| |Jun26 Crude Oil(NYM) | 37.45| 26.53| 40.80| 27.14| 13.48| +37%| 121| |Jul26 Soybean Oil(CBOT) | 25.54| 16.62| 23.81| 18.88| 13.95| +35%| 163| |Aug26 Soybean Oil(CBOT) | 25.14| 16.20| 23.25| 18.49| 13.72| +35%| 191| |Jul26 Crude Oil(NYM) | 35.76| 25.53| 39.80| 26.37| 12.94| +35%| 154| |Mar26 RBOB Gasoline(NYM) | 38.57| 24.27| 40.78| 28.54| 16.29| +35%| 41| |Jul26 RBOB Gasoline(NYM) | 31.47| 20.57| 33.30| 23.39| 13.48| +34%| 162| |Sep26 Cocoa(ICE) | 36.27| 56.16| 41.78| 26.92| 12.05| +34%| 205| |Jul26 Cocoa(ICE) | 37.23| 59.18| 42.91| 27.94| 12.96| +33%| 142| |Jul26 London Cocoa(LCE) | 30.40| 60.90| 38.11| 22.97| 7.82| +32%| 167| |May26 Natural Gas(NYM) | 52.62| 58.48| 57.30| 41.08| 24.86| +28%| 103| |Apr26 Live Cattle(CME) | 15.27| 11.05| 16.83| 12.00| 7.17| +27%| 79| |Sep26 Wheat(CBOT) | 25.10| 10.88| 24.41| 19.82| 15.23| +26%| 219| |Jun26 Lean Hogs(CME) | 18.50| 11.61| 18.07| 14.78| 11.49| +25%| 149| |Mar26 Soybean Oil(CBOT) | 25.07| 17.73| 25.26| 19.93| 14.60| +25%| 37| |Apr26 Natural Gas(NYM) | 55.97| 62.95| 61.20| 44.45| 27.71| +25%| 71| |May26 Lean Hogs(CME) | 19.42| 14.86| 19.17| 15.64| 12.10| +24%| 120| |Feb26 Natural Gas(NYM) | 80.03| 79.82| 91.09| 64.18| 37.27| +24%| 13| |Jun26 Natural Gas(NYM) | 47.82| 50.16| 53.82| 38.67| 23.51| +23%| 132| |Sep26 Coffee "C"(ICE) | 35.34| 24.53| 36.18| 28.77| 21.36| +22%| 212| |Mar26 Feeder Cattle(CME) | 17.73| 14.51| 19.95| 14.54| 9.12| +21%| 71| |Sep26 Corn(CBOT) | 18.94| 15.83| 21.22| 15.61| 9.99| +21%| 219| |Sep26 Wheat(KCBT) | 24.80| 14.24| 24.89| 20.80| 16.72| +19%| 219| |Jul26 Coffee "C"(ICE) | 34.99| 24.93| 36.98| 29.37| 21.77| +19%| 149| |Jul26 Natural Gas(NYM) | 43.59| 42.79| 51.12| 36.73| 22.33| +18%| 162| |Jul26 Wheat(CBOT) | 24.50| 11.67| 25.56| 20.84| 16.12| +17%| 163| |Mar26 Natural Gas(NYM) | 64.55| 69.75| 77.36| 55.65| 33.93| +16%| 41| |May26 Coffee "C"(ICE) | 34.82| 25.78| 37.81| 29.99| 22.16| +16%| 86| |Apr26 Class III Milk(CME) | 17.49| 14.77| 21.38| 15.11| 8.85| +15%| 104| |Jul26 Wheat(KCBT) | 24.58| 14.94| 25.91| 21.72| 17.54| +13%| 163| |Oct26 Soybean Meal(CBOT) | 17.28| 14.34| 20.55| 16.21| 11.87| +6%| 254| |Nov26 Soybeans(CBOT) | 14.42| 9.56| 17.55| 13.68| 9.80| +5%| 282| |Mar26 NASDAQ 100 E-Mini(CME) | 18.74| 13.08| 26.13| 17.79| 9.44| +5%| 65| |Feb26 Live Cattle(CME) | 13.84| 11.64| 18.06| 13.50| 8.94| +2%| 23| |Mar26 New Zealand Dollar(CME) | 9.58| 6.23| 11.53| 9.31| 7.10| +2%| 51| |May26 Wheat(CBOT) | 22.88| 12.81| 27.62| 22.50| 17.37| +1%| 100| |Mar26 Coffee "C"(ICE) | 31.21| 27.80| 38.74| 30.81| 22.88| +1%| 29| |Apr26 Lean Hogs(CME) | 19.45| 18.22| 24.50| 19.56| 14.62| +0%| 90| |Sep26 Soybeans(CBOT) | 14.86| 9.86| 19.08| 14.86| 10.65| +0%| 219| |May26 Wheat(KCBT) | 22.84| 16.11| 27.23| 22.78| 18.33| +0%| 100| |Mar26 2 Year T-Notes(CBOT) | 0.97| 0.67| 1.55| 0.96| 0.38| +0%| 37| |Sep26 Soybean Meal(CBOT) | 17.10| 14.63| 22.06| 17.30| 12.55| -1%| 219| |Mar26 S & P 500 E-Mini(CME) | 13.94| 8.71| 21.39| 14.19| 6.99| -1%| 65| |Jul26 Corn(CBOT) | 16.86| 21.84| 24.72| 18.03| 11.33| -6%| 163| |Jan26 Feeder Cattle(CME) | 12.65| 12.59| 19.24| 13.69| 8.14| -7%| 15| |Aug26 Soybean Meal(CBOT) | 17.12| 15.33| 23.77| 18.57| 13.38| -7%| 191| |Aug26 London Sugar(LCE) | 19.19| 15.66| 29.83| 20.89| 11.95| -8%| 168| |Mar26 5-Year T-Notes(CBOT) | 2.59| 1.70| 4.03| 2.88| 1.73| -10%| 37| |Aug26 Soybeans(CBOT) | 14.47| 10.76| 21.09| 16.39| 11.68| -11%| 191| |Mar26 Wheat(KCBT) | 20.75| 16.92| 28.07| 23.43| 18.79| -11%| 37| |Jul26 Sugar #11(ICE) | 20.74| 19.52| 33.47| 23.41| 13.35| -11%| 152| |Jul26 Soybean Meal(CBOT) | 16.91| 15.99| 25.44| 19.89| 14.33| -14%| 163| |Mar26 Wheat(CBOT) | 20.32| 14.27| 29.38| 23.78| 18.19| -14%| 37| |May26 London Sugar(LCE) | 19.33| 17.01| 31.92| 22.73| 13.53| -14%| 77| |Jul26 Cotton(ICE) | 14.73| 7.69| 24.73| 17.44| 10.16| -15%| 142| |Mar26 Australian Dollar(CME) | 7.72| 5.35| 11.67| 9.09| 6.51| -15%| 51| |Mar26 Class III Milk(CME) | 15.72| 20.11| 25.81| 18.81| 11.82| -16%| 76| |May26 Sugar #11(ICE) | 21.63| 21.12| 37.19| 26.10| 15.01| -17%| 91| |May26 Corn(CBOT) | 15.12| 23.18| 25.26| 18.63| 11.99| -18%| 100| |Mar26 30-Year T-Bonds(CBOT) | 7.68| 5.34| 11.72| 9.51| 7.30| -19%| 37| |Mar26 London Sugar(LCE) | 19.62| 18.25| 32.71| 24.30| 15.89| -19%| 18| |Mar26 10-Year T-Notes(CBOT) | 3.77| 2.65| 6.21| 4.72| 3.24| -20%| 37| |Mar26 US Dollar Index(ICE) | 5.47| 3.32| 8.50| 6.85| 5.19| -20%| 51| |Jul26 Soybeans(CBOT) | 13.51| 11.62| 22.33| 17.37| 12.41| -22%| 163| |May26 Soybean Meal(CBOT) | 16.30| 17.03| 26.88| 21.08| 15.28| -22%| 100| |Mar26 Sugar #11(ICE) | 21.58| 22.31| 40.94| 28.89| 16.84| -25%| 33| |Mar26 Soybean Meal(CBOT) | 16.54| 17.48| 28.72| 22.66| 16.59| -27%| 37| |May26 Soybeans(CBOT) | 12.72| 12.47| 22.95| 17.91| 12.86| -28%| 100| |May26 Cotton(ICE) | 13.07| 8.28| 26.22| 18.65| 11.07| -29%| 86| |Mar26 British Pound(CME) | 6.05| 4.65| 10.16| 8.54| 6.92| -29%| 51| |Mar26 Soybeans(CBOT) | 12.67| 12.94| 23.44| 18.35| 13.25| -30%| 37| |Mar26 Corn(CBOT) | 13.31| 24.57| 25.79| 19.16| 12.53| -30%| 37| |Mar26 EuroFX(CME) | 5.32| 2.93| 9.83| 8.00| 6.18| -33%| 51| |Mar26 Canadian Dollar(CME) | 4.30| 3.51| 8.25| 6.70| 5.15| -35%| 51| |Feb26 Class III Milk(CME) | 13.46| 22.15| 30.96| 22.61| 14.25| -40%| 48| |Feb26 Lean Hogs(CME) | 14.43| 18.38| 31.75| 24.50| 17.25| -41%| 30| |Mar26 Cotton(ICE) | 11.41| 8.63| 28.22| 19.98| 11.73| -42%| 30| |Jan26 Class III Milk(CME) | 4.88| 14.56| 24.60| 17.47| 10.34| -72%| 20| \==================================================================================/ Implied Volatility Description (IV) Current daily level of Implied Volatility (IV) for options on this futures contract, as derived from (implied by) options premiums (Black Model). Historical Volatility Description (HV) Current daily level of 20-day Historical Volatility (HV) for this futures contract, as calculated from futures price movement. Central Tendency Description (CTHV) Current daily level of the Central Tendency of Historical Volatility (CTHV), the 15-year average of 20-day historical volatility (of futures prices). Thus, CTHV is the historical reference against which to compare IV and HV. CTHV is also used to calculate +1 and -1 STD (Standard Deviation), between which HV has theoretically been found 67% of the time. Implied Volatility Over/Under Percentage Description (IV+-%) The percentage the current Implied Volatility (IV) is above or below the Central Tendency (CTHV). Days to Expiration Description (D2Ex) Conveniently enumerates how many days until options on that futures contract expires. If you have any questions, please just let us know. 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