Analog Devices, Inc. (ADI) 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.
Analog Devices, Inc. (ADI) operates in the Technology sector, specifically the Semiconductors industry, with a market capitalization near $211.09B, listed on NASDAQ, employing roughly 24,000 people, carrying a beta of 1.19 to the broader market. Analog Devices, Inc. Led by Vincent T. Roche, public since 1980-03-17.
Snapshot as of May 15, 2026.
- Spot Price
- $418.24
- ATM IV
- 48.8%
- IV Skew 25Δ
- 0.013
- IV Rank
- 96.4%
- IV Percentile
- 99.2%
- Term Structure Slope
- -0.009
As of May 15, 2026, Analog Devices, Inc. (ADI) at-the-money implied volatility is 48.8%. IV rank is 96.4% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 99.2%. The 25-delta skew is +0.013: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
ADI Strategy Selection at Current Volatility Levels
For Analog Devices, Inc. options at 48.8% ATM IV, high IV rank (96.4%) 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 →
ADI highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $390.00 | May 22, 2026 | 2.1K | 112 | 67.1% | $4.40 | $5.80 |
Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked ADI volatility skew questions
- What is the current ADI ATM implied volatility?
- As of May 15, 2026, Analog Devices, Inc. (ADI) at-the-money implied volatility is 48.8%. IV rank is 96.4% 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 ADI 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 ADI volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Analog Devices, Inc. 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.