Amplify Cybersecurity ETF (HACK) 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.
Amplify Cybersecurity ETF (HACK) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.96B, listed on AMEX, carrying a beta of 0.60 to the broader market. HACK seeks investment results that generally correlate (before fees and expenses) to the total return performance of the Nasdaq ISE Cyber Security Select Index. public since 2014-11-12.
Snapshot as of May 15, 2026.
- Spot Price
- $88.69
- ATM IV
- 35.1%
- IV Skew 25Δ
- -0.001
- IV Rank
- 87.5%
- IV Percentile
- 96.0%
- Term Structure Slope
- -0.022
As of May 15, 2026, Amplify Cybersecurity ETF (HACK) at-the-money implied volatility is 35.1%. IV rank is 87.5% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 96.0%. The 25-delta skew is -0.001: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
HACK Strategy Selection at Current Volatility Levels
For Amplify Cybersecurity ETF options at 35.1% ATM IV, high IV rank (87.5%) favors premium-selling structures: credit spreads, iron condors, covered calls, cash-secured puts. The risk: a continued vol expansion through high-rank levels is rare but expensive when it happens. 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 HACK volatility skew questions
- What is the current HACK ATM implied volatility?
- As of May 15, 2026, Amplify Cybersecurity ETF (HACK) at-the-money implied volatility is 35.1%. IV rank is 87.5% 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 HACK IV high or low historically?
- IV is elevated relative to its 1-year history, conditions that typically favor premium-selling strategies (credit spreads, iron condors, covered calls).
- What does HACK volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Amplify Cybersecurity 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.