iShares Core 40/60 Moderate Allocation ETF (AOM) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

iShares Core 40/60 Moderate Allocation ETF (AOM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.73B, listed on AMEX, carrying a beta of 0.77 to the broader market. The iShares Core 40/60 Moderate Allocation ETF seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a moderate target risk allocation strategy. public since 2008-11-11.

Snapshot as of May 15, 2026.

Spot Price
$49.03
ATM IV
20.8%
IV Skew 25Δ
0.019
IV Rank
5.7%
IV Percentile
40.5%
Term Structure Slope
0.023

As of May 15, 2026, iShares Core 40/60 Moderate Allocation ETF (AOM) at-the-money implied volatility is 20.8%. IV rank is 5.7% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 40.5%. The 25-delta skew is +0.019: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

AOM Strategy Selection at Current Volatility Levels

For iShares Core 40/60 Moderate Allocation ETF options at 20.8% ATM IV, low IV rank (5.7%) favors premium-buying or long-vol structures: long calls or puts, debit spreads, calendar spreads, long straddles. The risk: low-rank regimes can persist for months while time decay eats premium-buyers alive. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.

Learn how volatility skew is reported and how to read the data →

Frequently asked AOM volatility skew questions

What is the current AOM ATM implied volatility?
As of May 15, 2026, iShares Core 40/60 Moderate Allocation ETF (AOM) at-the-money implied volatility is 20.8%. IV rank is 5.7% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
Is AOM IV high or low historically?
IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).
What does AOM volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. iShares Core 40/60 Moderate Allocation ETF skew is roughly flat across the 25-delta wings. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.