Soybean Meal Futures (ZM)
Implied Volatility Analysis

Implied Volatility:

Soybean Meal (ZM) Futures have an Implied Volatility (IV) of 21.8% p.a. for a constant maturity of 30 days. The lowest IV reading within one year was 19.0% and the maximum was at 35.5%. We calculated an Implied Volatility Rank (IVR) of 16.8. The Implied Volatility Percentile (IVP) is 25.0 which means that looking at one year of data 25.0% of all IV readings were lower than 21.8. The latest IV reading is -0.9 standard deviations away from its 1 year mean. Implied volatility data and statistics for Soybean Meal (ZM) was calculated after the 5/26/2023 market close from the futures options.