THOR Equal Weight Low Volatility ETF (THLV) 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.
THOR Equal Weight Low Volatility ETF (THLV) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $46.9M, listed on NYSE, carrying a beta of 0.95 to the broader market. The fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities included in the index. public since 2022-09-13.
Snapshot as of May 15, 2026.
- Spot Price
- $31.98
- ATM IV
- 31.1%
- IV Skew 25Δ
- 0.016
- IV Rank
- 11.3%
- IV Percentile
- 21.8%
- Term Structure Slope
- -0.054
As of May 15, 2026, THOR Equal Weight Low Volatility ETF (THLV) at-the-money implied volatility is 31.1%. IV rank is 11.3% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 21.8%. The 25-delta skew is +0.016: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
THLV Strategy Selection at Current Volatility Levels
For THOR Equal Weight Low Volatility ETF options at 31.1% ATM IV, low IV rank (11.3%) 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 THLV volatility skew questions
- What is the current THLV ATM implied volatility?
- As of May 15, 2026, THOR Equal Weight Low Volatility ETF (THLV) at-the-money implied volatility is 31.1%. IV rank is 11.3% 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 THLV 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 THLV volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. THOR Equal Weight Low Volatility 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.