Amentum Holdings, Inc. (AMTM) 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.

Amentum Holdings, Inc. (AMTM) operates in the Industrials sector, specifically the Aerospace & Defense industry, with a market capitalization near $5.65B, listed on NYSE, employing roughly 53,000 people, carrying a beta of 0.44 to the broader market. Amentum Holdings, Inc. Led by John E. Heller, public since 2024-09-24.

Snapshot as of May 15, 2026.

Spot Price
$22.97
ATM IV
46.9%
IV Skew 25Δ
-0.014
IV Rank
11.2%
IV Percentile
36.9%
Term Structure Slope
0.017

As of May 15, 2026, Amentum Holdings, Inc. (AMTM) at-the-money implied volatility is 46.9%. IV rank is 11.2% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 36.9%. The 25-delta skew is -0.014: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

AMTM Strategy Selection at Current Volatility Levels

For Amentum Holdings, Inc. options at 46.9% ATM IV, low IV rank (11.2%) 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 →

AMTM highest implied-volatility contracts

TypeStrikeExpirationVolumeOIIVBidAsk
PUT$20.00Oct 16, 202627917652.5%$1.40$1.75

Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.

Frequently asked AMTM volatility skew questions

What is the current AMTM ATM implied volatility?
As of May 15, 2026, Amentum Holdings, Inc. (AMTM) at-the-money implied volatility is 46.9%. IV rank is 11.2% 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 AMTM 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 AMTM volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. Amentum Holdings, 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.