Website charts: https://www.mrci.com/client/options MRCI's Implied Volatility Data as of Thursday May 08, 2025 /==================================================================================\ | Contract | IV | HV | +1SD | CTHV | -1SD |IV+-% |D2EX| |==============================|=======|=======|=======|=======|=======|======|====| |Jun25 Japanese Yen(CME) | 82.34| 16.54| 14.65| 9.26| 3.86| +789%| 29| |Jul25 Orange Juice(ICE) | 65.57| 61.20| 43.41| 30.50| 17.60| +114%| 29| |Oct25 Class III Milk(CME) | 21.99| 11.69| 14.79| 10.74| 6.68| +104%| 180| |Dec25 London Cocoa(LCE) | 47.62| 32.92| 50.62| 23.80| -3.01| +100%| 204| |Jul25 London Cocoa(LCE) | 52.88| 49.54| 51.53| 26.67| 1.81| +98%| 53| |Sep25 London Cocoa(LCE) | 49.87| 42.45| 53.01| 25.61| -1.80| +94%| 113| |Dec25 Natural Gas(NYM) | 54.00| 32.91| 48.97| 27.97| 6.98| +93%| 201| |Jul25 Cocoa(ICE) | 59.81| 52.16| 60.47| 32.33| 4.18| +85%| 29| |Sep25 Cocoa(ICE) | 57.62| 48.99| 60.90| 31.59| 2.29| +82%| 85| |Sep25 Orange Juice(ICE) | 50.78| 59.42| 40.97| 28.14| 15.31| +80%| 85| |Nov25 Natural Gas(NYM) | 56.72| 40.31| 52.41| 31.68| 10.94| +79%| 173| |Dec25 Cocoa(ICE) | 53.40| 44.85| 59.23| 30.36| 1.50| +75%| 183| |Sep25 Class III Milk(CME) | 22.91| 12.74| 18.93| 13.02| 7.11| +75%| 145| |Sep25 Soybean Oil(CBOT) | 31.75| 24.06| 24.87| 19.09| 13.32| +66%| 106| |Oct25 Natural Gas(NYM) | 59.64| 47.45| 56.64| 35.91| 15.17| +66%| 140| |Jul25 Soybean Oil(CBOT) | 33.68| 25.75| 27.26| 20.34| 13.43| +65%| 43| |Aug25 Soybean Oil(CBOT) | 32.41| 24.82| 25.67| 19.58| 13.49| +65%| 78| |Oct25 Soybean Oil(CBOT) | 30.87| 23.38| 24.06| 18.60| 13.14| +65%| 141| |Dec25 Soybean Oil(CBOT) | 30.29| 22.65| 23.62| 18.26| 12.91| +65%| 197| |Nov25 Orange Juice(ICE) | 43.99| 59.00| 39.65| 27.05| 14.45| +62%| 148| |Sep25 Natural Gas(NYM) | 59.97| 49.43| 58.39| 37.64| 16.88| +59%| 110| |Aug25 Natural Gas(NYM) | 60.20| 50.36| 59.23| 38.60| 17.96| +55%| 81| |Jul25 Natural Gas(NYM) | 60.47| 53.43| 61.41| 40.68| 19.95| +48%| 48| |Aug25 Class III Milk(CME) | 23.57| 14.95| 23.46| 15.96| 8.46| +47%| 117| |Sep25 10-Year T-Notes(CBOT) | 6.58| 7.02| 6.66| 4.73| 2.81| +39%| 106| |Sep25 30-Year T-Bonds(CBOT) | 12.78| 11.12| 12.34| 9.25| 6.16| +38%| 106| |Jun25 10-Year T-Notes(CBOT) | 6.23| 6.75| 6.38| 4.52| 2.67| +37%| 15| |Jun25 Natural Gas(NYM) | 61.39| 60.09| 67.80| 45.19| 22.58| +35%| 19| |Sep25 Coffee "C"(ICE) | 41.68| 33.08| 40.16| 30.65| 21.14| +35%| 92| |Nov25 Soybeans(CBOT) | 19.49| 10.88| 18.21| 14.45| 10.70| +34%| 169| |Jun25 30-Year T-Bonds(CBOT) | 12.19| 10.99| 12.01| 9.07| 6.13| +34%| 15| |Jul25 Copper(CMX) | 30.73| 34.70| 28.56| 22.83| 17.10| +34%| 48| |Sep25 Soybeans(CBOT) | 20.20| 11.04| 19.24| 15.37| 11.50| +31%| 106| |Sep25 S & P 500 E-Mini(CME) | 19.65| 24.78| 23.07| 14.94| 6.81| +31%| 134| |Sep25 Copper(CMX) | 29.27| 34.30| 28.38| 22.57| 16.76| +29%| 110| |Jun25 S & P 500 E-Mini(CME) | 19.03| 24.65| 23.02| 14.89| 6.76| +27%| 43| |Jun25 Gold(CMX) | 21.29| 33.71| 25.79| 16.71| 7.63| +27%| 18| |Dec25 Wheat(MGE) | 26.54| 14.71| 27.29| 21.10| 14.90| +25%| 197| |Dec25 Copper(CMX) | 27.79| 33.57| 28.09| 22.24| 16.39| +24%| 201| |Sep25 Wheat(MGE) | 27.18| 15.43| 28.28| 22.14| 16.00| +22%| 106| |Jul25 Class III Milk(CME) | 24.09| 18.34| 28.63| 19.89| 11.16| +21%| 82| |Jul25 Coffee "C"(ICE) | 37.89| 34.10| 40.95| 31.43| 21.91| +20%| 36| |Oct25 NY Harbor ULSD(NYM) | 32.39| 25.37| 42.40| 27.00| 11.59| +19%| 140| |Nov25 NY Harbor ULSD(NYM) | 31.22| 24.82| 40.57| 26.23| 11.90| +19%| 173| |Dec25 NY Harbor ULSD(NYM) | 30.48| 24.32| 39.18| 25.59| 12.01| +19%| 201| |Sep25 Corn(CBOT) | 26.68| 15.03| 30.68| 22.52| 14.36| +18%| 106| |Jun25 US Dollar Index(ICE) | 7.81| 12.23| 8.63| 6.58| 4.53| +18%| 29| |Sep25 NY Harbor ULSD(NYM) | 32.90| 25.91| 44.75| 27.89| 11.03| +17%| 110| |Aug25 Soybeans(CBOT) | 19.42| 11.28| 20.65| 16.62| 12.60| +16%| 78| |Dec25 Soybean Meal(CBOT) | 19.62| 9.51| 22.80| 17.04| 11.27| +15%| 197| |Oct25 Cotton(ICE) | 24.67| 20.24| 28.45| 21.28| 14.11| +15%| 127| |Aug25 Gold(CMX) | 19.27| 33.70| 25.82| 16.70| 7.59| +15%| 81| |Dec25 Corn(CBOT) | 23.90| 14.13| 29.37| 21.06| 12.75| +13%| 197| |Aug25 NY Harbor ULSD(NYM) | 32.22| 26.37| 47.84| 28.97| 10.10| +11%| 81| |Oct25 Soybean Meal(CBOT) | 19.33| 10.05| 23.37| 17.45| 11.53| +10%| 141| |Jun25 EuroFX(CME) | 8.69| 12.95| 10.94| 7.88| 4.83| +10%| 29| |Nov25 Brent Crude Oil(ICE) | 32.19| 31.23| 49.56| 30.17| 10.77| +6%| 139| |Sep25 Soybean Meal(CBOT) | 19.67| 11.01| 24.85| 18.72| 12.59| +5%| 106| |Oct25 Brent Crude Oil(ICE) | 32.96| 32.25| 52.39| 31.20| 10.02| +5%| 109| |Oct25 RBOB Gasoline(NYM) | 32.83| 28.45| 55.57| 31.52| 7.47| +4%| 140| |Dec25 RBOB Gasoline(NYM) | 31.55| 28.15| 51.79| 30.27| 8.75| +4%| 201| |Jul25 Corn(CBOT) | 24.04| 21.26| 30.73| 23.26| 15.79| +3%| 43| |Dec25 Wheat(CBOT) | 27.10| 19.00| 31.05| 26.16| 21.26| +3%| 197| |Dec25 Cotton(ICE) | 19.57| 19.05| 26.90| 18.98| 11.06| +3%| 183| |Sep25 Brent Crude Oil(ICE) | 33.57| 33.13| 55.63| 32.34| 9.05| +3%| 78| |Aug25 Brent Crude Oil(ICE) | 34.57| 34.03| 60.12| 33.72| 7.32| +2%| 47| |Jul25 NY Harbor ULSD(NYM) | 31.31| 26.87| 52.36| 30.41| 8.46| +2%| 48| |Sep25 Wheat(CBOT) | 28.41| 20.91| 33.31| 28.07| 22.82| +1%| 106| |Oct25 Crude Oil(NYM) | 34.84| 34.26| 62.66| 34.27| 5.88| +1%| 132| |Dec25 Lean Hogs(CME) | 20.51| 14.91| 29.79| 20.60| 11.41| +0%| 218| |Jul25 Wheat(MGE) | 22.98| 16.41| 28.97| 22.93| 16.90| +0%| 43| |Sep25 Crude Oil(NYM) | 35.81| 35.26| 68.09| 35.93| 3.77| +0%| 99| |Jun25 NY Harbor ULSD(NYM) | 32.13| 27.72| 58.69| 32.34| 6.00| +0%| 19| |Jun25 RBOB Gasoline(NYM) | 34.52| 28.90| 67.45| 34.81| 2.18| +0%| 19| |Sep25 RBOB Gasoline(NYM) | 30.72| 27.74| 53.41| 30.46| 7.51| +0%| 110| |Jun25 British Pound(CME) | 8.01| 9.29| 10.65| 8.11| 5.57| -1%| 29| |Jul25 RBOB Gasoline(NYM) | 32.48| 28.37| 62.12| 33.12| 4.12| -1%| 48| |Aug25 RBOB Gasoline(NYM) | 31.08| 28.02| 57.29| 31.63| 5.96| -1%| 81| |Oct25 London Sugar(LCE) | 22.52| 21.81| 29.61| 22.94| 16.27| -1%| 116| |Dec25 Live Cattle(CME) | 12.68| 9.40| 17.59| 13.01| 8.42| -2%| 211| |Oct25 Lean Hogs(CME) | 20.90| 15.61| 30.70| 21.54| 12.38| -2%| 159| |Jun25 Australian Dollar(CME) | 10.89| 10.06| 14.50| 11.18| 7.85| -2%| 29| |Aug25 Soybean Meal(CBOT) | 19.60| 11.76| 26.55| 20.34| 14.13| -3%| 78| |Aug25 London Sugar(LCE) | 23.63| 22.43| 31.98| 24.59| 17.19| -3%| 54| |Jul25 Soybeans(CBOT) | 16.62| 11.91| 21.73| 17.39| 13.05| -4%| 43| |Aug25 Lean Hogs(CME) | 21.23| 18.04| 32.24| 22.57| 12.90| -5%| 98| |Dec25 Wheat(KCBT) | 26.48| 19.21| 33.25| 27.91| 22.57| -5%| 197| |Aug25 Crude Oil(NYM) | 36.44| 36.15| 77.50| 38.46| -0.57| -5%| 70| |Jul25 Brent Crude Oil(ICE) | 33.78| 34.82| 67.32| 35.67| 4.02| -5%| 18| |Sep25 Wheat(KCBT) | 27.37| 20.55| 35.05| 29.58| 24.12| -7%| 106| |Dec25 Silver(CMX) | 28.06| 24.86| 46.95| 30.74| 14.54| -8%| 201| |Oct25 Live Cattle(CME) | 12.75| 10.66| 19.26| 14.16| 9.06| -9%| 148| |Jul25 Wheat(CBOT) | 26.91| 22.64| 35.16| 29.69| 24.22| -9%| 43| |Sep25 Silver(CMX) | 27.57| 25.02| 46.92| 30.79| 14.66| -10%| 110| |Jun25 New Zealand Dollar(CME) | 9.77| 12.06| 13.61| 11.17| 8.73| -12%| 29| |Jul25 Silver(CMX) | 26.97| 25.03| 47.03| 30.89| 14.75| -12%| 48| |Oct25 Sugar #11(ICE) | 23.87| 19.34| 36.28| 27.66| 19.03| -13%| 130| |Aug25 Live Cattle(CME) | 13.27| 12.49| 20.56| 15.46| 10.37| -14%| 85| |Jul25 Wheat(KCBT) | 26.31| 21.77| 36.41| 30.79| 25.16| -14%| 43| |Jul25 Crude Oil(NYM) | 36.86| 37.06| 96.52| 42.91| -10.71| -14%| 40| |Jun25 Class III Milk(CME) | 19.99| 23.21| 33.86| 23.31| 12.76| -14%| 54| |Jul25 Sugar #11(ICE) | 25.81| 20.85| 40.10| 30.60| 21.10| -15%| 39| |Jun25 Live Cattle(CME) | 13.42| 13.47| 22.60| 16.52| 10.45| -18%| 29| |Oct25 Feeder Cattle(CME) | 13.21| 10.71| 21.73| 16.18| 10.63| -18%| 175| |Jul25 Soybean Meal(CBOT) | 17.75| 12.16| 27.90| 21.72| 15.55| -18%| 43| |Jul25 Cotton(ICE) | 21.15| 23.57| 34.12| 26.10| 18.08| -18%| 29| |Sep25 Feeder Cattle(CME) | 12.96| 10.72| 22.13| 16.82| 11.50| -22%| 140| |Jun25 Canadian Dollar(CME) | 6.25| 7.38| 11.50| 8.05| 4.60| -22%| 29| |Jul25 Lean Hogs(CME) | 18.62| 19.26| 35.42| 24.47| 13.51| -23%| 67| |Aug25 Feeder Cattle(CME) | 12.66| 10.92| 23.22| 17.63| 12.04| -28%| 112| |Sep25 NASDAQ 100 E-Mini(CME) | 24.20| 260.74| 103.00| 35.42| -32.15| -31%| 134| |Jun25 Lean Hogs(CME) | 16.77| 19.21| 40.03| 27.16| 14.29| -38%| 36| |May25 Feeder Cattle(CME) | 10.22| 10.59| 23.88| 17.49| 11.11| -41%| 21| |Jun25 NASDAQ 100 E-Mini(CME) | 23.06| 284.23| 124.21| 39.66| -44.88| -41%| 43| |Jun25 Crude Oil(NYM) | 38.06| 37.69| 212.59| 66.85| -78.89| -43%| 7| |May25 Lean Hogs(CME) | 9.79| 13.33| 43.42| 26.50| 9.59| -63%| 6| |May25 Class III Milk(CME) | 6.64| 18.76| 26.56| 19.05| 11.55| -65%| 26| \==================================================================================/ 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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